Flaherty muses on CMHC privatization
“Flaherty eyes privatization of CMHC.” Well that’s something big to watch. The Canada Mortgage and Housing Corporation is a profitable Crown corporation ($335 million in profit in the 2nd quarter)…
Housing
Household debt going from bad to worse
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…
You Had Me (Choking) at Affordable…
This morning, I had to control my urge to laugh while reading: Affordable Housing Canada: Housing Boom, Government Cutbacks Create ‘Rent Squeeze’ by Rachel Mendleson in HuffPost Oct 4, 2012…
Thursday Morning Links
This and that for your Thursday reading. – The CCPA’s Christopher Schenk offers up a detailed response to the Sask Party’s attacks on workers, featuring this conclusion: In a period…
Sunday Morning Links
Assorted content for your Sunday reading. – Armine Yalnizyan points to the Law Commission of Ontario’s proposals to make sure that labour laws don’t stack the deck against workers, and…
Friday Morning Links
Assorted content to end your week. – pogge offers up the definitive response to the Cons’ attempt to encourage a sell-off of First Nations reserve land: When you look past…
Housing Discrimination Courtesy of Rental Diva
Rental Diva, an unlicensed rental agency in Brampton Ontario, is likely to face a human rights tribunal after turning away clients because they’re gay. Thiago Derucio and Christ Prentice called…
Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Zach Carter shines a spotlight on the few types of interests who stand to gain from austerity: But the austerity game also has…
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…
Deflating Housing Bubble Risks Recession
Seen in isolation, Finance Minister Flaherty probably did the right thing yesterday in seeking to safely deflate the housing bubble and lower the dangerous growth of household credit to a…
Burning question
Jim Flaherty is taking credit for saving consumers money by tightening mortgage insurance rules. So how many extra thousands of dollars did he cost Canadian homeowners when he loosened precisely…
Tuesday Morning Links
This and that for your Tuesday reading. – Roy Romanow rightly notes that Canada’s federal government needs to take a lead role in building our public health care system, rather…
Friday Evening Links
This and that to end your week. – Jeffrey Simpson discusses how the Cons have diminished Canada’s place on the world stage: For those who care about Canada’s international reputation…
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…
US family net worth crushed by financial crisis
The US Federal Reserve today released its triennial examination of incomes and net worth of American households in the Survey of Consumer Finances. It shows the crushing effects on net…
Parliament in Review – May 9, 2012
Wednesday, May 9 saw the first Committee of the Whole discussion of the Cons’ budget bill – with the opportunity for hours of direct questions about military spending giving rise…
Saturday Afternoon Links
This and that to end your Saturday. – Andrew Jackson comments on how a premature push for austerity has driven the global economy to the brink of more disaster –…
Parliament in Review – May 4, 2012
Friday, May 4 saw a relatively short day of debate on the omnibus budget bill – but with a few twists on the discussion seen to date. The Big Issue…
Parliament in Review – May 4, 2012
Friday, May 4 saw a relatively short day of debate on the omnibus budget bill – but with a few twists on the discussion seen to date. The Big Issue…