Finance committee  If I understand the example you're giving, those are life insurance companies, and we were discussing the property and casualties.

Finance committee  On the life insurance it's done.... Again, I could get you this information. In the federally regulated sphere it's dominated by the large companies. There are a number of smaller ones, but I couldn't give you the number off the top of my head.

Finance committee  An excellent question for which I can only give you a partial answer, but I will give you more over time. There was a strong trend towards consolidation in life that followed the demutualization of some of the larger companies. In property and casualty there has been some consol

Finance committee  One is entry and exit. Is it easy to get into the business? How difficult is it to get it to—

Finance committee  In property and casualty, I think it's really the competitive circumstances that have mattered the most. As we've been told, to start a federally regulated company you need to have enough capital and expertise in order to establish it. These aren't onerous. We do try to have a fr

Finance committee  Well, we have a regulatory regime that applies broadly to P and C companies. There are some specific requirements for mutual companies. A demutualized company would simply move into the existing regime for a stock company, so there wouldn't be a need to adapt the regime. It alrea

Finance committee  The first purpose of the consultation was to get information and opinion in order to inform the minister and to help departmental officials, such as myself, to provide our recommendations. It's common, although there is not a hard and fast policy, to share those submissions publi

Finance committee  I see what you mean.

Finance committee  In some cases, we do not publish the submissions, although those who submit are free to publish them on their own. In other cases, we make them available to the general public, and so in that way to the committee members.

Finance committee  I appreciate that.

Finance committee  That's a good question. Let me defer to my colleague here. Certainly, Economical, I was aware of. Were there any others?

Finance committee  There's a fair bit of turnover in the federally regulated P and C business. I would have to look to see how many new entrants we've had recently. We can provide the committee with that information. I'm not aware of any recent entry as a mutual into the federally regulated sphere.

Finance committee  In the property and casualty sector, I can provide more detailed information if we go back and look. But there's quite a wide range in P and C. It's much wider than what has now happened in the life insurance business. We have large companies and the subsidiaries of large, foreig

Finance committee  I am hesitating because I did not hear a question.

Finance committee  As I explained earlier, this particular situation is slightly more delicate than usual. A number of submissions have to do with the specific circumstances of individuals. Before making those submissions available on the website, we decided to check each case and see if the people