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Wednesday, August 7, 2013

CMHC cap on mortgage-backed securities to hike home costs, cool market

I've been telling you for years.... but you thought I was just being prejudice against the Conservatives well sorry Canada you have been duped by the biggest con-job in Canadian history......

Stephen Harper is a failure as an economist and as a Prime Minister.... the man never had practical experience in economics nor in running a country.....

http://ca.news.yahoo.com/cmhc-restricts-levels-guarantees-mortgage-lenders-123351757.html

I have told you time and again, this government has virtually bankrupted CMHC in their infinite inability to manage the economy and our tax dollars..... you failed to listen ... it is your failure and your enabling of an incompetent government that has led us into crisis

1 comment:

  1. So the taxpayers are on the hook for 4.2 billion dollars of new mortgage loans a year and the banks who collect the profits are lending risk free while using temporary foreign workers and outsourcing to third world countries.
    Why would a government not arrange such a deal for their "friends".
    Why would any struggling family object to such a government.
    Why would anyone call them Banksters
    EB

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