Mr. Speaker, speaking of lack of transparency, today we learned from The Globe and Mail that the Minister of Finance was moving toward the privatization of the Canada Mortgage and Housing Corporation.
Could the Minister of Finance inform the House, and, indeed, all Canadians, why he wants to dismantle a 60-year success story at the CMHC? It was just four years ago that private mortgage insurance schemes in the United States nearly sank the global economy. Why does the Minister of Finance now want to take Canada down the same road?