Michael Cooper at the Finance Committee

On May 21st, 2020. See this statement in context.

May 21st, 2020 / 7 p.m.

Conservative

Michael Cooper Conservative St. Albert—Edmonton, AB

Thank you, Mr. Chair.

Thank you, Mr. Rudin and Mr. Gully.

I want to first of all ask about the current covered bond limit.

I know that OSFI has provided that the banks are permitted to exceed the current covered bond limit. It's now 5.5%. How long do you anticipate that will be in place?

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