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Macdonald-Laurier Institute

MLI author Ian Lee in the Ottawa Citizen: Tame the CMHC Godzilla

July 20, 2011
in Columns, Domestic Policy Program, Economic policy, In the Media, Latest News
Reading Time: 1 min read
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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 modernize CMHC below:

Taken together, these changes will transform CMHC into a more transparent and  efficient organization, operating on a level playing field with private  competitors, which will significantly reduce risk to the Canadian taxpayer,  bring CMHC as a regulatory outlier under the Canadian financial regulatory  umbrella, and offer more choice and lower prices to consumers.

To read the full article, “Tame the CMHC Godzilla” by Ian Lee in the July 19th edition of the Ottawa Citizen, click here.

 

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    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
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    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
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      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
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