I’ve written a 750-word overview of the federal role in housing policy. The English-language version is here: https://nickfalvo.ca/canada-ten-things-to-know-about-the-federal-role-in-housing-policy/ The French-language version is here: https://nickfalvo.ca/canada-dix-faits-saillants-sur-le-role-du-federal-en-matiere-de-politique-du-logement/
In March 2020, the Trudeau government launched a new version of the Insured Mortgage Purchase Program (IMPP). According to CMHC’s website: “Under this program, the government will purchase up to…
I’ve written a blog post about what the recent federal budget means for Canada’s housing market. Points I make in the blog post include the following: -The budget contains several…
French economist Jean Tirole has won the 2014 Nobel Prize in Economics for his work on industrial organization and regulation, in particular his insights into oligopolies. “Who is Jean Tirole?,…
Under the headline “Canada Isn’t Rotten to the Core”, the new editor of the Ivey Business Journal, Thomas Watson, attacked my book “Thieves of Bay Street” in his inaugural editorial.…
A letter appears in today’s Globe and Mail in response to recent direction given by Minister Flaherty to private mortgage lenders over mortgage rates. The letter was written by Steve…
Below is a recent editorial from the New York Times that does an excellent job of summarizing the failures of austerity policies. The NYTimes also published a very good analysis…
Canadians are now more indebted than either Americans or the Brits at the peak of their housing bubble. Statistics Canada today revised the national accounts. The result on the household…
Readers of this blog will have hopefully read my report “The big banks big secret” which examines the $114 billion that Canada’s banks received during the 2008-09 financial crisis. Its…
The CCPA today released my report: “The Big Banks Big Secret” which provides the first public estimates of the emergency funds taken by Canadian banks. The report bases its estimates…
Last week, the C. D. Howe Institute was out with an op-ed contending that Canadian household debt is not worth worrying too much about: “There does not seem to be…
This past weekend (March 31st), Sino-Forest Corp. announced it was filing for bankruptcy protection. The Chinese-Canadian company, once the largest publicly-traded forestry firm on the TSX, collapsed under allegations it…
President of the Treasury Board Minister Tony Clement Minister Tony Clement’s released their new One-For-One rule on Jan 18th. Put simply the press release is announcing that the federal government…
If you are going to read one thing and just one thing on the financial crisis and how it is working itself out you need to read this blog post…
The global economy is in the toilet and the Boomers’ representatives are chanting: “flush, flush, flush.” Me? I am eating cigarettes and wine while admiring the remarkable consistency in the…
The UNTCAD just published its annual report on Trade and Development, titled Post-crisis Policy Challenges in the World Economy. The report describes a two speed global recovery, showing how developing…
JuysTerence Corcoran Just go read Terence Corcoran’s latest in the National Post. Never mind that the world was plunged into economic crisis by unregulated financial institutions; and near fully captured…
