The Liberal government's shift to allow 30-year mortgage amortizations for some first-time homebuyers will impact a 'small segment' of the housing market, a BMO economist says.
Finance Minister Chrystia Freeland made the announcement Tuesday in Ottawa alongside other cabinet ministers, including Ya'ara Saks, the minister of mental health and addictions.
Former treasury boss Ken Henry has fessed up to helping dumb down debates about tax and budgets to lists of winners and losers. He says what matters is what wins rather than who.