Bank of Canada and CMHC Bonuses Total $145 Million for Just 3 Years

 The CMHC joins the Bank of Canada by awarding bonus pay for underperformance. Canada Mortgage and Housing Corporation (CMHC) is Canada’s federal crown corporation responsible for administering the National Housing Act, with the mandate to improve housing living conditions in the country. The CMHC is “driven by one goal: housing

Let’s have a bit of modesty in Government’s ability to solve major problems

 There is a yearning in the hearts of Canadians that major issues confronting us will find solutions in our lifetimes. We hope housing may be once again more affordable, food prices will come down, Indigenous peoples will be reconciled, and the world will reduce its carbon emissions so that extreme

Stopping a real estate crash requires immediate action from the Canadian government

 by Alex Haditaghi Fueled by the media and propagated by misinformed economist pundits, public anxieties about the real estate market will become a self-fulfilling prophecy if the government doesn’t act with urgency to protect Canadians’ largest asset class and prevent a real estate crash. Seventy-eight percent of Canadians currently have

ODSP rates should not be determined according to the whims of the party in power

 by Reuel S. Amdur Since the Ford government announced its budget toward the end of April, the poor and disabled and their advocates have expressed concern about what it will mean for social assistance benefits. There are two programs for social assistance benefits in Ontario, the Ontario Disability Support Program

The government doesn’t think your home is a tax shelter, but their hired help does.

 Last week, the Twitter pages of the region’s conservatives were exploding, perhaps with better reason than their usual gripes. According to Brian Lilley of Sun News, the rumour is that the Canadian Mortgage and Housing Corporation (CMHC) is looking at implementing an equity tax on homes worth over $1 million

Why Affordable Housing Should be a Federal Election Issue

 It’s time to make affordable housing an issue in the federal election campaign. Four million people are struggling to find affordable housing in Canada today.  By affordable, I’m using the Canada Mortgage and Housing (CMHC) standard rule of thumb of about 30 percent of income going to housing that is