Featured
2 December 2013
Maybe CMHC doesn’t need Privatization After All
Last week the International Monetary Fund made headlines when they came out saying that Ottawa should scale back on the amount of insured mortgages through CMHC. But now the Crown organization, the Canada Mortgage and Housing Corporation, have released some of their own stats that show taxpayers’ money is not at risk. In order for…
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2 October 2013
Which Bank has the Most Insured Mortgages?
CIBC is the nation’s biggest bank by assets, and recently the head of the bank’s retail banking operation, David Williamson, says that he’s very comfortable with their business mix. One reason for that is because they hold the largest amount of insured mortgages in the market. The question is, is that a good thing? “In…
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