My colleague on the other side called this “transformational”, but CMHC, which is responsible for running it, has called it “working on the margins”. It's the first time I've seen a “transformational” program where the person responsible for rolling it out has called it “working on the margins”. They estimate that the impact on the market will be only in decimal points.
To go over some of the stats you raised, Mr. Lee, you said that 147,000 were knocked out of the market because of B-20.