I don't even know where your riding is; all I know is that there are communities that have been left high and dry by mortgage companies, by lenders. Inner-city, old northern neighbourhoods like my own are often red-circled, so people who would make the criteria John McCallum talks about may not have access to someone to do it. If CMHC's role is greatly reduced, they won't have the capacity to do it.
The United States took action in this regard, it's precisely the reason we have concerns in Canada--it's that you end up with certain neighbourhoods where there's just no access to these services. Whether it's in the area of getting a mortgage to begin with.... And now it's the double thing: you can get one if you can put 25% down, and if you can't put 25% down, you need mortgage insurance, but you can't get access to mortgage insurance.
So all we're trying to say is let's not take away the hope, the possibility of owning your own home if you qualify, if you meet all the criteria. We're not saying let's make it harder to do business; we're saying let's just simply try to track, let's try to be responsible decision-makers. Let's not just say let the jungle prevail, because sometimes people get hurt, and sometimes there are inequities, and sometimes we have to be ready to take action.
We're creating a system where we won't be able to take action, we won't be able to do anything once the problems emerge. I think that's absolutely irresponsible. So I'll just plead with members to put something in place in this area.
I'm not saying let's not do it. I'll believe that competition will benefit, but I haven't seen it a lot. I haven't seen it in telephones, in Air Canada, in--