Thank you, Mr. Chairman.
Welcome, Mr. Le Pan. It is always a pleasure to see you here and also to listen to you.
I have a few questions to ask you regarding the bill, which—at least in part—is intended to allow for an opening up of the mortgage loan insurance sector.
My colleague attended a briefing with officials. He asked certain questions to which he was not given satisfactory responses. Amongst other things, he asked why Genworth is the only private insurer in this sector. How is it that this situation has come about? We put the question to officials from the Department of Finance, but were unable to get an answer. Perhaps you are more aware of the privilege that Genworth enjoys.