Thank you, Madam Chair.
I want to first acknowledge the witnesses who are joining us.
Mr. Sweetman, what you are saying is very interesting. I have been listening to you, and I see that a lot of work will need to be done concerning parameters for regulating foreign insurers. In that context, are we not putting the cart before the horse?
Shouldn't foreign insurers already be regulated? Shouldn't those parameters be established before this bill is adopted? Do you think a step is being skipped?