—but I expect it will be translated and then distributed in relatively short order. I just want to offer that up for the committee sooner rather than later.
To our witnesses, maybe I'll just start by saying that I think I'm like a lot of Canadians in that I don't have an intimate knowledge of the mortgage insurance industry.
I heard a couple of comments earlier that I just want to ensure I understood properly. I thought I heard you say that your companies don't insure first-time homebuyers. I'm not sure if I heard that properly or not, so I would welcome your feedback on that.
The second thing I heard was in respect to investment properties, that you don't insure in the investment space.
Before proceeding with any further questions, I just want to make sure that I didn't misunderstand either of those two comments and that we're on the same page.