Thank you, Mr. Chair.
As you know, according to the latest report from Statistics Canada, household debt has now reached 171%. When that figure was revealed, we found out through the media that the Department of Finance has no tools to assess the dangers that it could represent for the Canadian economy.
Can you confirm that the Department of Finance is not currently conducting any impact studies of the dangers that household debt represents for the economy, nor any analysis that would allow us to determine a threshold beyond which the level of indebtedness poses a very major problem? Personally, I find that 171% is a lot. Can you tell us if there are any studies on the matter?