Public Safety committee  Thank you very much. I'd like to begin by thanking you all for being here today. You've added quite a bit to our discussion. I'll start with Professor Mosca and Mr. O'Higgins. I was really happy to hear you talk about the need for collaboration. Can you tell us a little bit abo

Public Safety committee  Following on that, what do we need to do to incentivize this, or are we the ones who are missing at the table? How do we encourage others to participate in these forums?

Public Safety committee  Okay.

Public Safety committee  I'll ask my last question, and later on I hope we have a chance to talk. Mr. Parsons, you talked about responsible encryption policies. Does anybody do these right? Does any country have the policies right? You can talk about that and the vulnerability programs as well.

Public Safety committee  Thank you. Thank you very much for your testimony, and for coming today. I just want to clarify one thing. If I heard you wrong, please correct me. I think what I heard was that there is minimum cybersecurity risk to your companies or your customers. Is that correct?

Public Safety committee  You're just saying that you're not an attractive target.

Public Safety committee  Okay. That's good.

Public Safety committee  We'll put the cybersecurity piece of this aside, then, and talk about open banking. It's important not to conflate the two. The finance department just held some consultations. Were you part of that?

Public Safety committee  Did you give testimony? I wish we had gotten it—

Public Safety committee  I wish we had received a copy of that. That would have been handy. We would have been better placed to have a real discussion about the challenges of open banking. I've done some research, but only a little. Your organization, CAMIC, is having a hard time with this open banking

Public Safety committee  I'm having a hard time understanding why CAMIC is opposed to it but the Insurance Brokers Association of Canada is not. You must see there's a piece of this puzzle we're missing.

Public Safety committee  Okay, but wouldn't the insurance brokers feel exactly the same way?

Public Safety committee  The latest article said that the brokers and the mutuals are split on the tactics, on whether to support open banking or not.

Public Safety committee  Okay.

Public Safety committee  You obviously have some concerns that the Insurance Brokers Association of Canada doesn't have.