Mr. Speaker, the hon. member and I serve on the finance committee and we have talked about this at quite some length.
Although we have a good regulation and a good body that administers this through the Canada Mortgage and Housing Corporation, we, on the government side, and think it was evident with some of the witnesses as well, believe it is important that we also have some competition.
At this stage of the game, we want that to continue and to grow. We believe this is an important part of the direction that we need to go with our country to improve the mortgage situation as we know it today.