I would just say that it is not a departmental agenda; it is simply a policy that has been in the law for a long time that there will be competition with CMHC in the mortgage insurance market. To this day there has been only one provider coming forward, to whom has been provided a guarantee by the government in order for that provider to be able to compete meaningfully with the CMHC.
Others have now come forward and have issued publicly their intent to incorporate a subsidiary in Canada. The Government of Canada is simply saying it will provide to these providers the same guarantee it is providing to the current private sector provider in order to compete meaningfully in the mortgage insurance market.
The CMHC's mandate to provide comprehensive coverage is not affected. This is simply allowing other competitors to do what one firm has been able to do today.