All right.
I've always been concerned about the system that we have whereby banks get the profit from a mortgage and taxpayers get the risk. Once it is CMHC-insured, or securitized, then all of the risk goes to the taxpayer and all of the profit goes to the bank. I've always believed, as a supporter of the free market, that risk and reward should go together. Profit and loss should be joined, so the same person who can profit on the upside is the one who takes the hit on the downside.
Do you think our system breaks that natural relationship and gives the bank access to risk-free profit?