Statements in Debates
Mr. Chairman, I have to retract my comment. It says 60 units earmarked for this year.
---Laughter
It comes out to about $12 million, Mr. Chairman.
Mr. Chairman, that is correct.
Mr. Chairman, we’d be pleased to share the numbers that we have in terms of collection and receivables from his riding if the Member would like. Thank you.
Mr. Speaker, this issue was raised by the Gwich’in leadership. We will look into the situation and take the opportunity to talk to the Member in that area. Thank you.
Mr. Chairman, I am not sure how many Finance Ministers were asked the same question, and it has been reviewed very recently and the response has not changed.
Mr. Chairman, this budget was put together prior to the federal money being announced. We are not in a position to revise it as we have not formally entered an agreement. We are still sorting out the detail. We expect to have something in place by March 2nd, and per our financial FMB rules, we have to just present what we have dollars planned to spend. There will be a change when we bring forward the new dollars that will be spread over two years. That will be focussed on a little more than just homeownership.
Mr. Chairman, this was the reality of the day with the dollars that we had in our...
Thank you. I guess, in a nutshell, the program will probably…We expect will be designed to support communities to enter into loans or borrow the money from financial institutions and also provide some type of incentive. Thank you.
Mr. Chairman, once again, the collection rate has gone back to where it was historically. We did have one bad year where it dropped down to 76 percent, but we’re back up to close to what we were collecting in 2004-05, which is close to the 90 percent mark. We’re actually at 87 percent.
Mr. Speaker, the process requires that Cabinet review the request by the community with the required support letters and documents and that decision is made by Cabinet. Thank you.
Mr. Chairman, I appreciate the Member’s opinion. My personal opinion is create a better economy where we wouldn’t need as much social housing. Create a lot of jobs. Thank you.