Bump.
DLC (Dominion Lending Centre) President Gary Mauris speaking in parliament yesterday on the recent government changes, and the negative trickle-down effects. Some really interesting points brought up; a lot of which I've been thinking from the start.
The industry as a whole understands what the Government was trying to do, but by not consulting anyone (except the big banks), they've (surprise surprise) created an unequal playing field, and have created some unintended consequences that could have been reduced or eliminated if proper consultation would have been done.
28 minutes long, but well worth the watch if you have the time. At around 11 minutes, a Jennifer O'Connel (Liberal MP) starts asking Gary some very...interesting questions. She seems quite out of touch:
Also a little piece from AMBA (Alberta Mortgage Broker's Association). Adil Mawji (past AMBA President) is a good friend and colleague of mine:
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