Bryan Hayes at the Public Accounts Committee

On November 6th, 2014. See this statement in context.

November 6th, 2014 / 4 p.m.

Conservative

Bryan Hayes Conservative Sault Ste. Marie, ON

I do.

Just quickly, on page 1.8 there's a reference to the interest ratio. This ratio has been in a steady decline, reaching 10.4% in 2013-14. I just want to get a sense of what contributes to that decline and what that means to Canadians. When I look at 10.4%, I'm saying, okay, so what? What if it were 20%? What if it were 5%?

What is the significance of the 10.4% to Canadians?

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