Banks won't lead way on fixing debt problem

<br><br> If policy makers want Canadians to stop borrowing too much, it‟s up to Ottawa, not financial institutions, to force a change in behaviour, says one of Bay Street‟s longest-serving senior bankers. Toronto-Dominion Bank chief executive officer Ed Clark acknowledged Canadians‟ alarming debt levels, but said the issue is a matter of public policy and would be best resolved by a tighter government rules on residential mortgages. <br><br>