Thank you, Mr. Chair.
Thank you, Mr. Routledge, for being here today, and thank you for your service to our nation.
At a breakfast that a number of us attended yesterday with Bank of Canada officials, we were talking about housing. I learned that, in a number of different countries, they do very different things with mortgages. Some countries allow you to port mortgages over 80 years and a number of generations. In some countries, like the U.S., you can lock into a 30-year mortgage but you have tons of flexibility in terms of how much to pay off your mortgage at any one time.
My question to you is this. Have you been in touch with other regulators around the world? Is there anything we can learn from them, or are there ideas that we perhaps might want to consider adopting here as we struggle with the affordability and housing crisis we have right now, that you might be able to contribute to this conversation here today?