Mr. Le Pan, given that more and more private businesses are interested in this sector, do you believe that the cost of mortgage loan insurance will have a tendency to go down, as has happened in the other sectors of the economy?
Moreover, given that the mortgage loan insurance sector is becoming lucrative—perhaps more so than in previous years—do you think that the private sector will take the best clients and leave the others to the Canada Mortgage and Housing Corporation? If that is the case, taxpayers will assume more of the cost of bad debt in the private sector.