Quote Originally Posted by IowaSkinsFan View Post
What would be interesting to see is if canandian banks tried to lend as loosely as possible or were actually lending tighter than the regulatory standards. If it was the latter, the regulation did nothing.
If lending tighter (with smaller risk) demonstrably leads to a better outcome, isn't regulation that enforces that behaviour always good? What any individual banks chose to do is circumstantial and may have had nothing to do with regulation.