The impending end of operating agreements for housing providers, with its potentially catastrophic results, is an opportunity to bring the issue of affordable housing into the public discourse.
In a recent interview, Finance Minister Jim Flaherty suggested privatizing the Canada Mortgage and Housing Corporation within the next 5 to 10 years.
Six major Canadian cities are now in a housing price bubble. To avoid disaster, the federal government needs to move back to the 2006 standard of a maximum 25-year amortization with more money down.
In a new report by the Canadian Centre for Policy Alternatives, two prominent economists propose changes to U.S. and Canadian mortgage finance polices to prevent a future financial crises.
When is a bank bail-out not a bailout? When the Canadian bankers' Association President, Nancy Hughes Anthony says so.
Risky loans offered by the Canadian Mortgage and Housing Corporation are leading Canada down the road to a U.S.-style economic crash.
The Media Consortium
This week there were a lot of reactions to Tim Geithner's new bailout plan. The Weekly Audit also highlights a couple of pieces on much-needed structural reforms to the U.S. corporate landscape.