Canadian Tire Financial Services

They have to... watched everything they do internally with great care they still you you still turn down loans yeah so does home trust so does eq bank you know this it's not a free-for-all no but the regulator knows this if it wasn't for companies like wealth one and home trust and eq bank There's just a category of self-employed people we prevented from owning homes, okay? So they're okay with a select number of banks working in this space, and they're okay in telling the big banks who control 87% of all the financial transactions in this country, these six big banks, okay? Think about that for a minute, folks.

87% of all the financial transactions in a country are six banks, okay? Because even if you think it's not that bank, if there's a label in front of it like tangerine, it's really a big bank is doing it, right? When you're doing business with Canadian Tire Bank, I mean, there is somebody in the background handling the transactions.

So the idea that even the regulator accepts that they can't, beat the life out of entrepreneurs and business owners in Canada that they there has to be a method for those people to get them get a mortgage but Ron I also want to call it like

there's no special license like we are a schedule one bank just like any other major there's not a schedule one bank with little parentheses to say alternative beside it we are a full bank it's it's the risk appetite we've chosen so I think that's a key part and it's a risk