Secrecy and Moral Hazard Abound at CMHC

(Originally appearing at LvMIC.) Itself a government-owned enterprise, Canada Mortgage and Housing Corporation (CMHC) is well-versed in the political pillars of secrecy and moral hazard. This week, CMHC faced controversy over allegations that it is intentionally seeking to conceal information about foreclosure sales from would-be bargain hunters.

The Public Sector Impact on Ontario’s Debt Woes

(Originally appearing at LvMIC.) The motto of the province of Ontario isĀ Ut Incepit Fidelis Sic Permanet which, translated from the original Latin, means: “Loyal she began, loyal she remains.” This is an homage to the province’s historical affiliation with the monarchy of Britain. However, in the year since the release of the Drummond Commission report, […]

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  • About Gregory Cummings

    Gregory Cummings writes about Canadian monetary and economic policy. His writing has been featured at the Ludwig von Mises Institute of Canada and the Ludwig von Mises Institute's Mises Daily publication. Read more.

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