Good afternoon, everybody. I call this meeting to order.
Welcome to meeting number 32 of the House of Commons Standing Committee on Finance.
Before we continue, I would ask all in-person participants to consult the guidelines written on the cards on the table. These measures are in place to help prevent audio and feedback incidents and to protect the health and safety of all participants, including the interpreters. You will also notice a QR code on the card, which links to a short awareness video.
I ask that you please wait until I recognize you by name before speaking. For those participating by video conference, click on the microphone icon to activate your mic. Please mute yourself when you are not speaking.
Pursuant to Standing Order 108(2) and the motion adopted by the committee on Monday, March 9, 2026, the committee is resuming its study of household debt in Canada.
I would like to welcome all of our witnesses. You will have five minutes for your opening remarks, after which we will open the floor to questions.
In this first panel, we have three organizations. We have the Financial Consumer Agency of Canada, the Office of the Superintendent of Bankruptcy and Statistics Canada.
We'll start off with five minutes for each, in that order. We'll start with Financial Consumer Agency of Canada.
Go ahead.