inside VOLUME 5 ISSUE 1 WINTER 2020
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FINANCIAL SERVICES REGULATION
Best practices in market conduct and consumer protection compliance can and should be derived from a broad range of sources on an enterprise-wide basis BY LAWRENCE E. RITCHIE, VICTORIA GRAHAM AND ELIZABETH SALE
features 12
HOW OTTAWA CAN TACKLE THE HOUSING SHORTAGE
40
Restoring broad affordability to Canada’s most expensive cities and towns requires addressing both sides of the home-price equation – demand and supply BY JOSEF FILIPOWICZ
14
ONTARIO PROPOSES CHANGES TO MODERNIZE REGULATION OF PROVINCIAL MORTGAGE BUSINESSES If adopted, the seven key recommendations will usher in significant changes BY MENA BELLOFIORE, DAWN JETTEN AND KATIE PATTERSON
19
IRELAND JOINS IMBF
Call for mortgage broking industry to be innovative and better informed about global market practices
BY SAMANTHA GALE
20
KEEPING PROSPERITY IN PERSPECTIVE
Defining the middle-class is complicated, but indications are this demographic in Canada is doing better BY VINCENT GELOSO
FORECLOSURE: FRUSTRATING BUT NOT FRUSTRATED Enforcing judgments against fraudulently transferred properties
BY RAY BASI
44
MOVING TO THE COUNTRY Referrals count in small-town markets
BY KATHLEEN FREIMOND
departments 8 Editorial summary: The real stress test 46 Advertisers Index
columns 24 Legal Ease: The Balancing Act: Illustrating the need for lenders to be reasonable BY RAY BASI
36 Off the Clock: From finance to fuzzyfaced alpacas, it’s all in a day’s work for Kathy McConnell BY KATHLEEN FREIMOND
CMB MAGAZINE cmba-achc.ca
WINTER 2020 I
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