Thank you for that.
This is, I think, appropriate context. Even in the meeting I believe there were actually multiple rounds of questions with respect to the economic context that is motivating or animating individuals to take on loans and to take on additional credit, some of it “fair” and some of it “unfair”.
All that's meant by this is to add the additional context that, in an economy where the GDP per capita has grown by just shy of 5% over the last 10 years and where Canadians have record food bank usage, that is no doubt motivating individuals, or maybe “forcing” is the right word, to take on “unfair” credit. I think leaving that out does not tell the full story.
Thank you.