Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Thank you, Chairman. And I ... Mr. O'Reilly, you're welcome. I echo the Chairman's welcome for ... to you earlier. In a general question, you mentioned in your papers that you studied in Queen's in Kingston, Ontario. The World Economic Forum has rated Canada's banking system the soundest in the world seven years in a row. And, I think, in 2009 we were ranked 121 out of 123 countries - i.e., at the awful end of the scale. Did you pick up anything in your Canadian studies of economics that would help you in seeing what the difference between the two rankings is?

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