Finance committee  Yes, the changes proposed in this division provide authority for the government to set criteria and approvals on CMHC's securitization activities, but there are no specific changes being proposed in the legislation on those activities.

Finance committee  It's only applicable to CMHC.

Finance committee  I'm sorry, could you repeat that?

Finance committee  The amendment covers all the commercial activities, so it includes mortgage insurance, in part--well, securitization, specifically, but it has a general.... For example, the role of the superintendent is with respect to all of the commercial activities. It certainly does not touc

Finance committee  In 2006 it was not the government that introduced 40-year mortgages. It was introduced by the mortgage insurance companies.

Finance committee  That number, unfortunately, is not available to the public, given that not all private mortgage insurance companies are public companies.

Finance committee  I can't give the number because some of these numbers are proprietary to privately held mortgage insurance companies.

Finance committee  They are within the limit of $250 billion.

Finance committee  The current limit that applies to the private mortgage insurance companies is $250 billion.

Finance committee  I understand there's sufficient room for them to continue their business. Unfortunately, I can't give the number because there's a joint limit for all the companies. I can't give the number itself because our numbers are not public numbers.

Finance committee  It's $250 billion currently.

Finance committee  It was increased in last year's budget implementation act, but that part of it has not been brought into force yet.

Finance committee  It's called the Protection of Residential Mortgage or Hypothecary Insurance Act.

Finance committee  Based on CMHC's latest annual report, I believe the number is at $567 billion.

Finance committee  We don't have the specific data, but both CMHC and private mortgage insurers are subject to government-backed insured mortgages. The government has made several changes to the rules over the last several years. These rules apply to both CMHC and private mortgage insurance compani