[GreaterFool]

Globe & Mail: [Ottawa to limit taxpayers’ exposure to mortgage market]

财长今日在宣布联邦预算时,表示将限制银行等借贷机构的 bulk insurance 及 mortgage backed securities。
GF: 将间接导致贷款缩紧 (via increasing banks' borrowing costs)。

“With the financial crisis well behind us, the government is amending the rules for portfolio insurance to increase market discipline in residential lending and reduce taxpayer exposure to the housing sector,” the budget states.

One of the new rules will gradually limit the sale of insurance on low loan-to-value mortgages (those where the consumer has a higher downpayment or equity) to those that are being used in a CMHC securitization program, such as Canada Mortgage Bonds. That will prevent banks from insuring large low-ratio portfolios just to hold onto them in order to reduce their capital requirements.

And Ottawa plans to stop the use of any taxpayer-backed insured mortgage (even high ratio) as collateral in securities that aren’t sponsored by CMHC. Volumes of such private-sector asset-backed securities were larger before the financial crisis, government officials indicated.

But the move will limit Ottawa’s potential exposure as banks seek cheaper ways to fund their mortgage portfolios.

[GreaterFool]

G&M [Ottawa cracks down on International Tax Evasion, rewards whistleblowers]

政府将增加国税局的权力及捉国际逃税的能力。
将给与赏金 若线民能成功告密。

The CRA will get $3-million a year to track the electronic transfers and another $10-million a year to crack down on fraud in its research and development (R&D) tax credit program. However, spending in administrative services will be slashed by a further $60-million a year at the agency, which has an annual budget of $3.5-billion. Officials said the spending cuts will not affect auditors or other front-line services, and the agency has been tasked with collecting an extra $550-million in revenue per year by 2015.

In a move that targets international tax evasion, Ottawa will offer rewards worth up to 15 per cent of the unpaid taxes that are collected with the help of whistleblowers, as long as the assessment or reassessment on international transactions comes in at more than $100,000.

[宁静]

司令发话了，空军扭转颓势的机会来了，一封信5毛钱 （电子邮件免费），各种的告密举报，让富豪呆不下去，房价不但会下跌，还有15%欠款提成。

[A70Plus]

那15%要上税吗？

[下雨不愁]

国际逃税的

嗯，有目标了

[coscos]

赏金和小命，熟重？

[我爱温哥华]

举报逃税吧，有奖。不过需要让政府可以追回超过10万元的逃税

[KoolAid]

Vancouver’s vacancies point to investors, not residents
(http://www.theglobeandmail.com/news/british-columbia/vancouvers-vacancies-point-to-investors-not-residents/article10044403/)


"I worked in Coal Harbor for the 2011 census walking door to door in these high rises. ............. We have giant, empty, high rises in downtown Vancouver."


公寓里不住人 藏钱吗?

[KoolAid]

"increasing banks' borrowing costs"

以前是以量制价 现在必须要以价制量 才能让获利不变..... 银行业会怎么做....?