End boutique credits, lower tax rates and strengthen economic growth says MLI’s Jason Clemens MEDIA RELEASE OTTAWA, March 20, 2012 – Thanks to years of tinkering by successive governments of all political stripes, Canada’s current tax system is littered with tax credits, deductions, and other special treatments that cost the treasury billions but often produce ...
Author urges thorough review of Canada’s mortgage insurance system to ensure fairness and sustainability MEDIA RELEASE OTTAWA, March 5, 2012 – As the debt crisis continues to reverberate in countries around the world, a new briefing paper released by the Macdonald-Laurier Institute recommends a thorough review of Canada’s mortgage finance system. Among other issues, the ...
On July 19, 2011, the Ottawa Citizen published an article by MLI author Ian Lee who discusses a number of important reasons to modernize the Canada Mortgage and Housing Corporation (CMHC) in Canada. In the article, he cites MLI’s paper on mortgage insurance as offering some “compelling recommendations” to modernizing CMHC. An excerpt from the article outlining the reasons to ...
In November, MLI published Mortgage Insurance in Canada by University of Guelph Associate Professor Jane Londerville. Almost three months later, even as other think tanks enter the debate, the paper continues to make waves across Canada’s mortgage insurance sector. In today’s Globe and Mail, Tara Perkins writes, A paper by Jane Londerville, an associate professor ...
The federal government has, for the second time in months, again tightened the lending requirements for insured mortgages by reducing the amortization period from 35 to 30 years, reducing the limit for refinancing to 85% and dropping the ability to insure secured lines of credit (effectively reducing the limit on these to 80% of the ...
Le système canadien d’assurance hypothécaire procure de robustes fondations au marché immobilier. Les acheteurs qui ne peuvent se permettre une mise de fonds initiale de 20 % du prix total de la maison doivent assurer leur hypothèque contre le risque de défaut de paiement. Le gouvernement, pour sa part, garantit cette assurance. Ce système encourage ...
The Macdonald-Laurier Institute (MLI) today released “Mortgage Insurance in Canada: Basically sound but room for improvement”, a paper by University of Guelph Associate Professor of Marketing and Consumer Studies Jane Londerville. The study highlights an important flaw in this country’s otherwise solid system of mortgage insurance and explains how to fix it. A flaw that ...
