Thank you very much, Mr. Chair.
Thanks, Ms. Lang, for your presence here today. We hope your family is safe and healthy.
I also want to compliment you and the OSB for your very prompt action, moving quickly within a few weeks of this pandemic hitting to make sure that people had options, that they wouldn't be in a situation where they were basically in default of their arrangements around bankruptcy. It was a very significant step. I think it's important to underscore how prompt and effective your actions and the actions of the OSB were, and the potentially positive impacts. People will be able to come through this pandemic without the crushing financial loss that comes from bankruptcy and not having met the obligations that they had agreed to before the pandemic. I thank you for that.
I'm interested in knowing to what extent the OSB actually tracks the reasons why people run into financial difficulties. In Canada, we have the highest level of family debt in the industrialized world. The debt levels, as I'm sure you're aware, are similar to what we saw in 1929. We're seeing an increase in concentration of wealth in very few hands, where the top 1% have as much wealth as the bottom 80% of our country. Those figures, as well, are very similar to 1929. It's like government policies of both the former government and the current government are designed to provide the most support to the people at the top of the country and often forget about so many others.
To what extent does the OSB track the reasons around bankruptcy? I'm thinking of things like the end of a marriage, the death of a family member, a disability, illness and loss of a job. Do you have those statistics that indicate why people are finding themselves in financial difficulty?