Mr. Speaker, first I want to stand in defence of grandmothers. It seems to me that the members have been castigating grandmothers. I have met many grandmothers in my life who are very astute investors.
Beyond that, it is getting back to the whole question of CDIC and the purpose for CDIC insurance. CDIC is not a bond rating company. Reformers want the CDIC to divulge this information to the general public. That is not its purpose. If a bond rating is wanted, they would go to Dunn and Bradstreet.
Finally, I want to quickly say that the whole concept of co-insurance in the member's argument is in defence of the large financial institutions that allow them. The junior financial institutions will not be able to compete if the concept of co-insurance is brought in.