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.
January 21st, 2022 / 1 p.m.
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.
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