Mr. Chair, the banks have chosen to allocate their capital towards residential mortgage credit because the demand is there and it remains a very profitable, well-capitalized business.
On January 21st, 2022. See this statement in context.
On January 21st, 2022. See this statement in context.
Superintendent, Office of the Superintendent of Financial Institutions
Mr. Chair, the banks have chosen to allocate their capital towards residential mortgage credit because the demand is there and it remains a very profitable, well-capitalized business.
See context to find out what was said next.