You know, I find it hugely ironic, Mr. Chair, that we have someone who is saying that big players shouldn't be able to dominate, but that's exactly what this policy is doing. It actually is making the market less competitive.
If we had a completely free market in your area, you wouldn't have a situation...because you'd have small firms. There would be lots of competition, but because of the ongoing taxes and regulation, only the big players can play. That's what I'm afraid is happening in this case. We're actually going to be weeding out large amounts of.... Maybe they're considered non-traditional, but they have supported a lot of Canadians to get into their homes. Remember, 69% of Canadians enjoy that right. We've heard that the rest, maybe for the 6% that are waiting for social housing, want to join in. They want to have the benefits of that home ownership.
It's interesting to see that they want the benefits of competition but they don't see that this policy right now is reducing it.
I'll get right into it and ask this of the gentleman from First National. On my point of competitiveness, what do these new federal measures do to groups like First National, again, for non-bank mortgage lenders?