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Losers Win, Winners Dominate

I had the opportunity to participate in a curling bonspiel several weeks ago as part of a friend’s 50th birthday celebration. By all accounts this was a “friendly” competition, but the way the tournament was organized, no winner would be determined by wins alone. To...

Changes to Canada Mortgage & Housing Corporation (CHMC)

Changes to Canada Mortgage & Housing Corporation ( CMHC) Federal Finance Minister Jim Flaherty recently announced that the role of CMHC is under review and is now under the authority of the country’s banking regulator, the Office of the Superintendent of Financial...

Re-licensing education for mortgage brokers- Elevating the level of professionalism in the industry or simply a way to purge the ranks and eliminate competition?

The Financial Services Commission of Ontario (FSCO) has set March 12, 2012 as the deadline for completing new licensing requirements for mortgage brokers within the province of Ontario, with the stated purpose is to improve the level of professionalism in the mortgage...