Thank you very much.
The government has allowed insured mortgage holders to shop at renewal. Your testimony, which I think is logical, suggests that if you can't shop you'll pay a higher mortgage, and if you can shop you'll pay a lower mortgage, so it turns out that uninsured mortgage holders will be paying higher rates for a mortgage than the insured. If you take it to the logical end, uninsured mortgage holders have put more than 20% down, so by definition they are at less risk to default and yet may end up subsidizing the insured mortgage holder rate because that pool of customers gets to shop around. Are you concerned about that?