First of all, thank you for being here and waiting with uncertainty as to whether we were going to get to ask you questions.
My question about part 7 of the Budget Implementation Act is around the mortgage insurance. Why is this section needed, and why can't CMHC, which exists now, and is, as I understand it, a crown corporation, where Canadians have a window on its functioning...? It has steered us in good stead through the ups and downs of the market. What is it that CMHC cannot do that requires these private insurers to come in to perform this function for Canadians?