Loan Defaults Low But Rising

Mortgage default rates are low but rising, CMHC said yesterday. The federal insurer counted a total $2.16 trillion in mortgages loans nationwide: "Under current interest rate conditions more mortgage holders find themselves in precarious financial situations."

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CBC Concealed $14.9M Bonus

CBC managers in the fiscal year just ended March 31 awarded themselves $14.9 million in bonuses even as CEO Catherine Tait claimed financial hardship and laid off 141 employees, documents show. Records tabled in Parliament directly contradicted testimony by Tait that she had no idea whether or not bonuses were paid: "I really take objection to being called a liar."

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Ventilators Quickly Scrapped

New Covid ventilators bought at $22,000 apiece were sold in a hurry as scrap to “further understand” the recycling business, the Department of Public Works says in an Access To Information document. Records show the ventilators bought under a sole-sourced $169.5 million contract were scrapped even while the pandemic was ongoing: "This has not been a cheap enterprise."

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Keeps $8B A Secret From MPs

The Department of Industry is refusing MPs’ order for terms of billions in federal climate subsidies to manufacturers. Deputy Minister Simon Kennedy called it “highly sensitive confidential information to be safeguarded.”

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Investigate Lewd Harassment

A federal investigation into lewd workplace harassment prompted the abrupt resignation of a Parole Board of Canada appointee, the Public Sector Integrity Commissioner disclosed yesterday. The appointee was identified by name: "He repeatedly behaved inappropriately towards female employees."

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Feds Polled Fresh July 1 Logo

The Privy Council ordered focus group research on a new logo to boost enthusiasm for Canada Day, documents show. The in-house study followed a 2020 report that found Canadians typically were not flag wavers but shared a quiet pride in their nation as strong and free: "This is where they were born, this is their country."

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No Chance Of Meeting Target

There is no chance Housing Minister Sean Fraser will reach his target of 3.9 million new housing starts by 2031, builders yesterday told the Commons human resources committee. Even a costly tax holiday for apartment builders will not avert further slowdowns in construction, MPs were told: "We are staring into a pit."

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“I Do Not Want Their Vote”

Immigration Minister Marc Miller yesterday said he wants no votes from friends of Israel who equate criticism with anti-Semitism. “I don’t want their vote,” Miller told the Commons immigration committee: "Those people who have that type of thinking, I don’t want their vote."

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100% Opposed “Safe Supply”

In-house Privy Council research found British Columbians universally opposed a short-lived cabinet experiment with decriminalization of cocaine and opioids. All residents surveyed including recovered drug addicts called the entire "safe supply" policy a failure: "All believed this was a step in the wrong direction."

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$686M Mailed To Sun Seekers

Old Age Security cheques for Canadian pensioners living abroad cost taxpayers more than $686 million last year, records show. Payments were up $66 million or 11 percent from 2022: "These recipients may or may not have non-resident status for tax purposes."

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91,000 Cellphones Fell Silent

Federal agencies spent more than a quarter million a month on unused government-issue cellphones assigned to employees working from home, says an internal audit. The investigation by Shared Services Canada, the federal IT department, said the number of dormant telephone accounts jumped 65 percent under pandemic work-from-home orders: "The number of mobile devices that had not been used for three or more months increased by 65 percent."

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Asylum Backlog Hits 180,000

Canada’s Immigration and Refugee Board has a backlog of 180,000 illegal immigrants and asylum seekers asking to remain in Canada, officials disclosed at a Senate committee hearing. “Good God,” said one senator.

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‘Drink Schnapps’ With Jews

Cabinet ministers have been “drinking wine and schnapps” with Jewish diplomats in Ottawa instead of condemning Israeli war crimes, New Democrat MP Charlie Angus (Timmins-James Bay, Ont.) told the Commons. Angus did not explain the reference to German liquor: "Mom called me last night."

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Finds Holes In Pharmacare

Cabinet’s pharmacare bill is “like a burlap sack,” the “lowest common denominator with holes in it,” says the 250,000-member Canadian Association of Retired Persons. Testifying at the Commons health committee, an Association director said retirees fear losing superior private prescription drug coverage: "What is being proposed now is more like a burlap sack."

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Commons To Pass Labour Bill

The Commons today is expected to pass a ban on federally regulated employers’ use of replacement workers in case of strike or lockout. The bill would then proceed to the Senate: "It sends a powerful message."

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