Okay.
We know statistically right now that the debt-to-income ratio in this country is about $1.65. Is it your opinion that perhaps some of these predatory lenders are there because of that reason and not necessarily at the fault of the banks?
On September 27th, 2016. See this statement in context.
September 27th, 2016 / 3:55 p.m.
Conservative
John Brassard Conservative Barrie—Innisfil, ON
Okay.
We know statistically right now that the debt-to-income ratio in this country is about $1.65. Is it your opinion that perhaps some of these predatory lenders are there because of that reason and not necessarily at the fault of the banks?
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