Adam Chambers at the Finance Committee

On September 28th, 2023. See this statement in context.

September 28th, 2023 / 11:50 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Thank you very much.

I don't have time for an answer, but I'd like to make a request.

Can the Department of Finance provide an explanation of what is going on between OSFI and FCAC? OSFI's September 13 bulletin says that you have to go through the B-20 rules if you want to refinance; FCAC says you can extend amortization. Those are complete opposite purposes. I'd just like to understand what's happening.

Thank you.

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