Mr. Siddall, thank you for coming today.
I must say that I cannot believe that we had about 12 hours of witnesses here—people who are in the field, people who are experiencing this every day—and you come here with a statement that basically says they don't know what they're talking about, and says, “I'm sitting here in Ottawa and I know better than they do.” I don't think I've ever seen a more arrogant presentation in my life.
I think you might want to take a minute and just step back and say that some of these people who are experiencing these issues every day might know something about what's going on here. You say, “it could happen”, “if it happened”, and based on reading a book. I'm appalled.
We have a situation in Alberta where we've gone through two years of job losses that are unprecedented in this country, and foreclosures have barely changed. Based on exactly what has been happening in Alberta for the last two years, how do you justify what you recommended to the minister?