Human Resources committee  I'm looking for the page. I may ask Brian Naish, our CFO, to comment on that. I did mention earlier in my comments that we were going to be spending more time on data gaps in particular. For example, we don't know how many mortgages are issued in Canada every year, embarrassing

Human Resources committee  Information on foreign ownership was one thing I mentioned, but there are several different data gaps.

Human Resources committee  Indeed.

Human Resources committee  I think your question, if I may respond, is very similar to the question I heard earlier. I hope I'm not repeating myself in saying that there's $30 million in the budget for the expiring social housing agreements that are federally administered. That exists; we think it's more t

Human Resources committee  Thank you for your question. The answer is that the amount of money we've estimated covers expiring social housing agreements over the next two years. Social housing agreements that have expired to date, which comprise about 100,000 units, have largely been covered, we believe,

Finance committee  Thank you, Mr. Chair. It’s a pleasure to be here. I want to thank the committee for rescheduling my appearance after I was unable to attend the session on January 30. Unfortunately, my daughter suddenly fell very ill and I had to take care of her. Mr. Tremblay, the senior vice-

Finance committee  We share responsibility for housing on reserve with our colleagues at INAC. Currently we spend about $282 million—I'm just referring to my notes—to house first nations on reserve annually. Budget 2016 added an additional $554 million over two years, of which $138 million was dire

Finance committee  Capacity building is an important part of our mandate. We reserve monies each year to invest in that. If you take communities of 50, 200, or even 1,000 people and put them in remote locations where there isn't much economic activity, capacity will be a problem. That's the situati

Finance committee  I won't talk about education other than to say we know that better housing is positively correlated with better education and health outcomes for children and people. There is a correlation, and we take that responsibility on. In fact, a collection of expertise in a regional ho

Finance committee  A whole-of-government approach where we help to sponsor that shared expertise in communities wouldn't have to be a zero-sum game, would it? You could have people from one community performing one function, and people from another community performing a different function for the

Finance committee  Housing First is the responsibility of our colleagues at Employment and Social Development Canada, ESDC, also under the purview of Minister Duclos. We coordinate with them on the homelessness partnering strategy and Housing First, but homelessness per se is ESDC's responsibility.

Finance committee  In Canada, we have among the highest home ownership rates in the world, at about 69%. Indeed, as you suggest, home ownership is well correlated with various social outcomes, including forced savings, retirement wealth, etc. We took as quite instructive the research being done by

Finance committee  There were a number of business models that were substantially based, for example, on refinancing. I gather some testimony has referred to refinancing as something that has been lost. I want to distinguish between renewal and refinancing. If an individual comes to the end of the

Finance committee  The evidence is in economic crises throughout history. Of the 46 financial crises for which we have data, the overwhelming majority of those, 70%, were preceded by housing boom-and-bust cycles. There's a book called House of Debt, by Atif Mian and Amir Sufi, and they say it is as

Finance committee  You asked me for evidence.