Industry committee  All of that has to be taken into account.

Industry committee  Well, they have to fund those as well.

Finance committee  Maybe I can take a first stab, and I think some of our members would like to comment. First of all, I'd make two points. One is that there's a mix of costs and benefits across the system. As Ms. Hughes Anthony said in the opening comments, banks, individual customers, and merch

Finance committee  All of that has to be taken into account.

Finance committee  Well, they have to fund those as well.

Industry committee  I don't have that figure right off the top of my head, but we'll get it, and credit card debt is about 3% of it.

Industry committee  That's for households.

Industry committee  I would say.... We can look at the specific figures, but I can tell you that in Canada the household balance sheet, household indebtedness, ability to repay, and debt servicing ratios are considerably better than in the United States. Delinquency on mortgages is less than 1%. It'

Industry committee  We can do that.

Industry committee  It's the features you get from it. You can say you don't want these features, but you'd like those, so you'll pay a different rate. It's not that people are disqualified from the low-rate accounts. They can get them.

Finance committee  I don't have that figure right off the top of my head, but we'll get it, and credit card debt is about 3% of it.

Finance committee  That's for households.

Finance committee  I would say.... We can look at the specific figures, but I can tell you that in Canada the household balance sheet, household indebtedness, ability to repay, and debt servicing ratios are considerably better than in the United States. Delinquency on mortgages is less than 1%. It'

Finance committee  We can do that.

Finance committee  It's the features you get from it. You can say you don't want these features, but you'd like those, so you'll pay a different rate. It's not that people are disqualified from the low-rate accounts. They can get them.