Privatizing CMHC?

In a recent interview with the Globe and Mail, Canadian Minister of Finance Jim Flaherty expressed worries about the financial burden laid on taxpayers by having the Canada Mortgage and Housing Corporation (CMHC) deal and trade mortgages. As a remedy, he suggests privatizing the federal Crown corporation within the next…
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CPI Deflates Case for Rate Hike

Today’s report that the national inflation rate fell to 1.2% in May deflates calls for higher interest rates to reduce inflation. The central bank’s core rate was 1.8%, also below the 2% target. The other argument for an interest-rate hike was to moderate mortgage lending and the housing market. However,…
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A Green Industrial Revolution

Today the CCPA released a new big picture report by myself and student researcher Amanda Card calling for a Green Industrial Revolution. The report builds on work done for the BC-focused Climate Justice Project, bringing to bear a national analysis of green and not-so-green jobs. We take a close look at GHG…
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How To Fix Income Inequality

Trish Hennessy is Director of Strategic Issues with the Canadian Centre for Policy Alternatives. Several polls released this spring reveal the extent of concern among Canadians about worsening income inequality. Most Canadians say that deep income inequality undermines Canadian values. The majority of Canadians tell pollsters they would support political…
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