Absolutely.
One of the positions that was stated was what if we have to repo stuff?
All you have to do is look at student loans to see where government sticks it to my generation, the so-called millennials. The government is already in that business, respectfully. They're making big amounts of money off education right now, and they're doing it with the student loan system. With this particular opportunity, it should be noted that not only are banks leaving our communities, they will take our credit cards, our mortgages.
Hamilton has one of the hottest real estate markets, particularly in my ward, with beautiful Victorian homes and lots of people coming from Toronto and elsewhere. They'll take our mortgages, but they will not provide commercial opportunities to small businesses in our community.
Our neighbourhoods are blacklisted in the inner city. You can't even get a mortgage for a commercial building in my ward. I know because I tried, and I had to go to a B lender. There are lots of different ways.
I'm not saying you have to get into commercial loans, because we have BDC. I'm not saying that has to be the space. However, if we're talking about a business model, about free market, about disrupters, then let's have the full conversation. Let's look at all of the opportunities.