Mr. Speaker, the new program, called the emili, was implemented by CMHC. Since 1996 the industry has been involved in this program. There was a period so that underwriters could be ready for it. As late as last December I met with the Canadian Institute of Appraisers to discuss this issue.
The purpose of the program is to speed up the length of time it takes so that Canadians can have their mortgage insurance as soon as possible and can enjoy—