Thank you, Mr. Chairman. The issue of mortgage insurance relates to protection for families in case of the death of one of the major wage earners in the family. Where there is a bank mortgage in place, we encourage all clients to buy the mortgage insurance offered by the banks or through a private insurance company. We have to take a serious look at, within our own programs, some of our access clients because our access clients do make payments, but they make those payments to us. We have to decide, as a corporation, how to best assist those families in the case of a death.

We have looked at the issue of buying insurance on behalf of those clients. The problem is, it would probably cost more to do that and charge that back to the client because of a small number of clients, overall against the cost of insurance. We are looking at that option, but we are also looking at whether it may be better to do this by policy through self-insurance. We will go to Cabinet and in the case of the death of a major wage earner, our access program allows us to write that mortgage down to as low as $32 a month, under our own program guidelines. This may be the way to handle it as well. Our plan is to have something ready for the Minister and perhaps the Cabinet by the end of March.