Mr. Speaker, the Governor of the Bank of Canada, Mark Carney, has said that household debt, which has reached a record high, is the biggest threat to our financial institutions. Consumer debt has reached a record level of 151% of disposable income. The NDP is very concerned about the lending practices of banks and other lending institutions when it comes to mortgages and home equity lines of credit. These practices are becoming increasingly risky.
Is the Liberal member also concerned about the Conservative government's lack of vision in this bill governing financial institutions? When it comes right down to it, Canadian and Quebec families are sinking further and further into debt.