Madam Speaker, I saw from the stakeholders that big business certainly likes the bill, but I want to talk about small businesses, like insurance companies, for example. The minister talked about data portability and open banking. Currently, in Canada the insurance arms of banking companies are not allowed to share that information with their mother company, the bank. This creates a competitive playing field for small and medium-sized insurance companies.
I wonder if he can address the concerns of small and medium-sized insurance companies that their business will be severely disadvantaged by the legislation and tell us what efforts the government will take to help those companies.