Thank you, Mr. Chair. So when I ask questions and you cut me off after exactly seven minutes, it's because you don't like the series of questions I'm asking.
Mrs. Tedesco and Mr. Bilodeau, thank you very much for being here. I appreciate the work that the FCAC is doing on behalf of Canadians to ensure the health of our financial system.
Like my three colleagues who have just asked you questions, I also have some concerns about the findings in your report.
First of all, I want to congratulate you on defining mis-selling. You say it is “the sale of financial products or services that are unsuitable for the consumer”. You went even further in that direction. You also say that “the controls banks have put in place to monitor, identify and mitigate these risks are insufficient”.
My question is very simple. Why didn't you just say that the banks wouldn't be named, that no one said it was a problem?