Metro Toronto - January 12, 2016

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Toronto
TUESDAY, JANUARY 12, 2016
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ISIL attacks Baghdad mall
Group claims responsibility for
fatal suicide bomb metroNEWS
Toronto
TORONTO MAN FREED
FROM TALIBAN
metroNEWS
Your essential daily news | TUESDAY, JANUARY 12, 2016 High -2°C/Low -4°C Flurries
T.O. schools get F
‘Look up here, I’m in heaven’
in cybersecurity — from the album Blackstar,
released days before
David Bowie’s death
POST-SECONDARY cious computer programs, including
Outdated software viruses — on campus computers was
particularly troubling, Heid said.
puts students at “Malware can be very stealthy and
its sole purpose is to harvest banking
risk, says U.S. fi rm
information, credit card numbers or
login credentials for valuable sites
Luke like Paypal,” he said.
Simcoe That means students using uni-
Metro | Toronto versity computers for e-commerce
or financial aid applications could
Lax cyber security at Toronto col- become targets.
leges and universities is putting stu- Toronto schools often took longer
dents at risk for fraud and identity to clear malware infections from
theft, according to an online security their networks than other universi-
firm. ties, according to Security Scorecard.
Security Scorecard audited schools At York, the average malware in-
across the U.S. and Canada, finding fection duration was 91 per cent
malware installed on computers at longer than the industry average.
nearly every school in Toronto. The school that scored the worst
In the case of York University and in the audit was MIT. Despite the
the University of Toronto, employee problems found, York, UofT, Ryer-
login credentials were also found son and George Brown performed
posted to prominent hacker forums. relatively well overall.
Local schools are also using out- Avoiding problems all together
dated — and more vulnerable — soft- is practically impossible, Heid said.
ware or web applications, said Secur- “The issue is how they respond.
ity Scorecard researcher Alex Heid. Do they notify everyone quickly and
The persistent presence of mal- respond to it or do they stick their
ware — a catch-all term for mali- proverbial head in the sand?”
UofT spokeswoman Althea Black-
burn-Evans said cyber security is
about striking a balance between
protecting users while ensuring ac-
Once any institution
cess for the academic community.
David Bowie performs
gets large enough, it’s The university is currently work-
in Toronto during his
going to get hacked. ing on a new information security 1990 Sound+Vision Tour.
policy to address that among other metroVIEWS & metroLIFE
Alex Heid things, she said. TORSTAR NEWS SERVICE FILE
Creativity is subjective.
The truth isn’t.
Truth in Advertising Matters.
GOSSIP 11
Your essential daily news The Ringling Bros. Circus will end elephant acts in May amid increased scrutiny over animal rights.
Boss sentenced in
NOISE
Residents look for fix
to ‘Leslieville Hum’
fatal scaffold fall
Luke sistent with the so-called Wind-
sor Hum, a low-frequency rum-
Simcoe
bling that plagued residents of
Metro | Toronto
Windsor. In 2014, Collin Novak,
a mechanical engineering profes-
JUSTICE Crown is not opposing the move Listen up, Leslieville. sor at the University of Windsor,
Four workers pending his appeal of the sen- East-end residents concerned was tasked with tracking down
tence. That means Kazenelson about a persistent humming the hum. He set up sophisticated
died, another
could remain free for the fore- sound in the neighbourhood — monitoring equipment to pin-
badly hurt in seeable future. He has been out dubbed the Leslieville Hum — point the sound and traced it to
on bail since his arrest. may need only look to Windsor a blast furnace on Zug Island, an
2009 collapse The jail sentence is the first for a solution to their auditory industrial hot spot on the U.S.
of its kind since the federal woes. Those living in the Queen side of the Detroit River.
government passed Bill C-45 Street and Carlaw Avenue area “Industrial and residential
In a historic case, a construc- in March 2004. have occasionally complained areas are moving closer and closer
tion-company boss has been The law added a section to about the humming sound, said together,” he told Metro. “Leslie-
sentenced to 3-1/2 years in jail the Criminal Code that imposed Ward 30 Coun. Paula Fletcher, ville is a great example; there’s
for an incident in which four criminal liability on organiza- but in recent weeks the outcry a lot of industrial activity going
workers died and another was tions and individuals that don’t has reached a fever pitch. on along the waterfront there.”
critically injured after falling 13 take reasonable steps to pre- On the popular Facebook page Without hearing it for himself,
storeys from a scaffold outside vent their workers from being I am a Leslievillian, users have Novak couldn’t say what’s caus-
a Toronto apartment building injured or killed on the job. been posting about the hum ing the Leslieville Hum but noted
on Christmas Eve 2009. At its passing, the legisla- since December. Some say the such hums are often traced back
Vadim Kazenelson, 40, was tion was known as the “We- noise keeps them up at night. to heavy industrial machinery or
found guilty last June of four stray bill,” named after the Reports of the sound are con- electrical infrastructure.
counts of criminal negligence May 1992 coal-mining disas-
causing death and one count ter in Plymouth, N.S., where IN BRIEF
of criminal negligence causing 26 workers died in a methane
bodily injury. gas explosion.
He was the project manager A public inquiry concluded Man charged in stabbing ing to comply with probation,
for Metron Construction on the Four people were killed, and one critically injured, when a five years later that the mine’s Police have laid charges in a police spokesman Const. Vic-
apartment balcony repair job scaffold on the east side of 2757 Kipling Ave. failed in 2009. ventilation system was “woe- Sunday stabbing outside the tor Kwong said.
when the tragedy occurred at CARLOS OSORIO/TORSTAR NEWS SERVICE fully inadequate” and that the Vanauley Street YMCA youth He’s accused of stabbing
2757 Kipling Ave., just south mine’s management had flout- shelter near Queen Street another 24-year-old man
of Steeles Avenue W. death of a worker on the job. shivers up their spines today.” ed safety regulations. and Spadina Avenue. during a fight at about 12:30
Outside the University Av- “Justice has been served,” “It’s historic,” Buckley said. The report also blamed the A 24-year-old man is p.m. The victim was taken to
enue courthouse, Ontario Feder- Buckley said on Monday mor- Kazenelson said nothing as Nova Scotia government for its charged with aggravated as- hospital in life-threatening
ation of Labour president Chris ning shortly after the sentence spectators in the courtroom attitude of “apathy and compla- sault, assault with a weapon, condition but is expected to
Buckley said this marks the first was handed down. cried when his sentence was cence” when it came to enfor- possession of a weapon for a recover.
time a supervisor in Canada has “It sends a strong message, read out. He moved immedi- cing the rules. dangerous purpose and fail- JESSICA SMITH CROSS/METRO
been sent behind bars for the and employers should have ately to apply for bail, and the TORSTAR NEWS SERVICE
RICK
MERCER
REPORT
ALL–NEW
TONIGHT
Rick makes a splash white water TONIGHT 8
#rickmercerreport kayaking on the Chilliwack River in British Columbia.
Toronto Tuesday, January 12, 2016 3
BY THE NUMBERS
Toronto
Community
Housing is in need
of funds in order
to move ahead
with a host of
planned repairs.
That includes work
on damaged roofs
like this one at 3171
Eglinton Ave. E.
$200
MILLION
needed
95,000
people on the
waiting list
2,100
buildings across
the city
110,000

residents
LIZ BEDDALL/METRO
Toronto’s housing black hole
COMMUNITY AGENCY for 2016. exterior walls at 44 buildings money in hand. Officials have
Cash requested Agency CEO Greg Spearn was and more than 1,000 new or up- been waiting since then for buy- ON THE WEB
at city hall Monday explaining graded security-camera systems. in from upper levels of govern-
to help fund his ask from the budget com- “The city’s contribution is ment, Spearn said.
People can have their say
mittee. The $200 million, he important, but what’s equal- There’s enough money on
windows, roofs on the proposed budget at
said, would be only a fraction ly important is that we are on hand to continue work in 2016,
a series of meetings that
and elevators of the agency’s overall $1.3-bil- the same page about housing with current plans calling for start today. Details can be
lion budget, which comes from issues,” Spearn told Metro after 18,000 capital repair projects
found at Toronto.ca
a variety of sources including Monday’s meeting. that would benefit more than
Gilbert mortgage agreements, rent and Canada’s largest housing cor- 40,000 households.
Ngabo investments. poration is also waiting to hear But, without a commitment nothing coming from the two
Metro | Toronto The city money would allow about funding from the federal from the feds and Ontario soon, levels of government, I will cer-
for a host of repair projects to and provincial governments to work done in 2017 will be lim- tainly rethink our spending plan
Toronto Community Housing move ahead, including the re- continue a 10-year, $2.6-billion ited to “keeping the lights on” and slow down,” he said. “But
will need a $200-million boost placement of 55 elevators, new repair plan. and some units will have to be I’m cautiously optimistic that
from the city to meet its capital roofs for more than 100 build- The agency launched the plan “boarded up,” Spearn said. we’re going to have some suc- TCH CEO Greg Spearn
improvement and repair goals ings, upgraded windows and in 2013 with one-third of the “If, for some reason, there’s cess.” CONTRIBUTED
4 Tuesday, January 12, 2016 Toronto
SENTINEL PROJECT
NGO debunks more rumours
It started in 2008 organization has re-
Jessica
Smith Cross as Hatebase, an on- 200 cruited 200 local am-
line project that bassadors in Kenya
Metro | Toronto
tracks hate speech who report local ru-
around the world mours and help de-
A Toronto non-profit is ex- in order to detect Number of local bunk them. The vol-
panding its mission to pre- where populations ambassadors unteers disseminate
vent genocide and hate-based are at risk. added in Kenya verified information
violence by dispelling rumours. Hatebase caught in the past two by text message and
years to debunk
The Sentinel Project has the eye of Canada’s social media, hope-
rumours
been working in the Tana Delta International De- fully stopping mis-
region of Kenya since 2013 on velopment Re- information before
a project called Una Hakika, search Centre, which funded it erupts into violence.
which translates from Swahili the Una Hakika project — help- For example, rumours that
to “Are you sure?” Now, it’s ing the Sentinel Project move an Orma group had obtained
expanding across all of Kenya from online to on-the-ground. 3,000 AK-47s to use against
and launching another initia- “We went from this small the Pokomo, or that Pokomo
tive in Myanmar. NGO in Canada that was just nurses were trying to inject
The NGO monitors and dis- writing reports and monitor- Orma children with poison,
pels rumours that have the ing situations, to actually do- were false but inflamed the Colin Rutherford in a screen grab of a Taliban video. THE CANADIAN PRESS
potential to spark violence or ing things in the field,” Tuck- conflict, said Tuckwood.
genocide, said co-founder Chris wood said. More than 80 per cent of Captive of Taliban
Tuckwood. Over the past two years, the the residents of Tana Delta
own mobile phones and one
in 15 adult phone users have
subscribed for updates from
Una Hakika, said Tuckwood. free after five years
The project’s expansion
is timely, Tuckwood said, as
Kenya is headed toward an
election in 2017.
The new project in Myanmar MIDDLE EAST the release of Colin Rutherford fairs, I extend my heartfelt
will operate with specific con- Toronto man from captivity have been suc- thanks to the Government of
cern for the Muslim Rohingya cessful,” Dion said. Qatar for its assistance in this
minority, which the Sentinel was kidnapped “We look forward to Mr. matter.”
Members of the Una Hakika team wade across the Tana River Project has concluded is at high Rutherford being able to return Rutherford travelled to Af-
during visit to
in Kenya. COURTESY ADRIAN GREGORICH risk of genocide or violence. to Canada and reunite with his ghanistan in October 2010,
Afghanistan family and loved ones,” he said. hoping to learn Pashto, one of
“The Government of Canada the country’s two official lan-
will continue to provide Mr. guages. He was 26 at the time.
A Toronto man kidnapped dur- Rutherford with consular as- In March 2011, the Taliban
ing a 2010 visit to Afghanistan sistance and will assist in facili- announced it had Rutherford
has been freed, Canadian of- tating his safe return home,” in captivity.
ficials say. the minister said. However, little more was
Foreign Affairs Minister Sté- Rutherford’s mother Wendy written about Rutherford in the
phane Dion announced Mon- deferred requests for comment ensuing years. Foreign-affairs
day that Colin Rutherford had to Global Affairs Canada. officials typically discourage
been freed, ending an ordeal Dion singled out the Govern- publicity around kidnap vic-
that had stretched for more ment of Qatar for its help in tims, because the attention
than five years. securing Rutherford’s release can interfere with backroom
“Canada is very pleased that but offered no details. negotiations.
efforts undertaken to secure “As minister of foreign af- TORSTAR NEWS SERVICE
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who sells jewellery
up until JAN 31
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6 Tuesday, January 12, 2016 Canada
3D-printed hearts IMMIGRATION
Syrian refugee count
approaching 10,000
help surgeons train
Tuesday could be the What’s unclear
day that the influx of 7, 671 is how many more
Syrian refugees hits privately sponsored
the 10,000 mark, but refugees will be ac-
resettlement groups cepted after the end
HEALTH and the United States — have are now looking far Number of of February.
Models used to come to watch master sur- beyond that milestone. Syrians that had There are upward
geons demonstrate the highly Flight arrival data arrived in of 200 applications a
treat cardiac complicated techniques used on the Immigration Canada as of week being submit-
Jan. 7.
to repair a number of congen- Department’s website ted by private groups
anomalies in
ital heart abnormalities and to suggests the 10,000th looking to sponsor
newborns safely practise those skills on Syrian will arrive on one of two Syrians, said Chris Friesen, the
models of their own. flights bound for Toronto on president of the Canadian Im-
Three-dimensional cop- Tuesday, though the department migration Settlement Sector Al-
The pediatric surgeons hover ies have been created of five could not confirm that number. liance. THE CANADIAN PRESS
over a tiny heart, gently re- hearts from real infants with
tracting delicate inner struc- cardiac anomalies using a IN BRIEF
tures and attaching a graft high-tech 3D-printer, which
with impossibly intricate almost perfectly reproduces
stitches to repair a congen- the organ’s structure using Detain immigrant children PMO to release daily agenda
ital defect that would mean a photopolymer resin, based as a last resort: Red Cross In a practice that catches up
certain death within days of on sophisticated MRI and CT Canada should lock up child with other political leaders,
birth. imaging. immigrants only as a “last Prime Minister Justin Tru-
But this heart isn’t inside “Each of the models repre- resort” and must find alterna- deau’s office says it will now
the chest cavity of a newborn; sents a very specific form of tives to detention for such release an overview of his
it’s a 3D-printed model being disease that is very different,” vulnerable newcomers, the day’s activities.
used at Sick Kids Hospital in says Dr. Glen Van Arsdell, chief Red Cross says in its latest “It will be a daily practice
Toronto to train cardiac sur- of cardiovascular surgery at confidential inspection re- ... Those will keep you abreast
geons from around the world Sick Kids. “I can look at the port. Many of the humanitar- of what he is up to,” said
in some of the most complex model and tell you what the ian organization’s findings re- Cameron Ahmad, a spokes-
operations they will ever per- diagnosis is.” main “largely unaddressed,” person for the prime minis-
form during their careers. The 3D-printed hearts were The Norwood Procedure is performed on a 3D model of with some requiring “urgent ter. The details of Trudeau’s
About a dozen trainees — produced by Dr. Shi-Joon Yoo, newborn heart with hypoplastic left heart syndrome at the attention,” says the report. Monday schedule were fairly
from Canada and such coun- a cardiac radiologist at the hos- Hospital for Sick Children in Toronto on Thursday. THE CANADIAN PRESS scarce. THE CANADIAN PRESS
tries as Norway, Oman, Mexico pital. THE CANADIAN PRESS NATHAN DENETTE/THE CANADIAN PRESS
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World Tuesday, January 12, 2016 7
Baghdad mall MEXICO
‘Nothin’
target of attack to hide’:
Penn
IRAQ immediately be reconciled.
ISIL claims Iraqi officials initially de- Sean Penn said he has “nothin’
scribed the attack as a hostage to hide,” after images published
responsibility situation, estimating that 50 Monday indi-
people were trapped inside the cated he was
for violence
complex. But Iraqi forces soon under sur-
that killed 18 surrounded the building and veillance
landed troops on the roof. They when he
clashed with the attackers inside, met with
The Islamic State of Iraq and the killing two of them, and arrest- the Mexican
Levant (ISIL) group claimed re- ing the other four. actress who
sponsibility for the Baghdad mall At least four police officers led him to Sean Penn
attack that killed 18 people on were among those killed in the Joaquin AFP/GETTY IMAGES
Monday. Gunmen stormed into assault, according to police and “El Chapo”
the Jawhara Mall after setting medical officials, who spoke on Protesters opposing the Patriotic Europeans Against the Islamisation of the Occident attend Guzman — and the pair was
off a car bomb and launching condition of anonymity because a counter rally in Leipzig Monday. Public anger runs high over New Year’s Eve assaults against followed and photographed
a suicide attack at its entrance. they were not authorized to brief women in Cologne. AFP/GETTY IMAGES as they set out for the suppos-
Iraqi officials say the attack, reporters. edly secret meeting with the
which lasted over an hour, killed Following the attack, author- MIGRANTS drug lord.
at least 18 people and wounded ities shut down the city’s highly Don’t seek revenge: Germany Penn also dismissed criticism
50 in the city’s mainly Shiite east. fortified Green Zone, home to over his interview with the fugi-
The ISIL statement, posted a number of foreign embassies tive, captured Friday, a day be-
online shortly after the attack, and most of the country’s pol- A string of attacks on women istanis and a Syrian were attacked who have sought refuge from fore Penn’s 10,000-word story
said a car bomb and four ISIL itical elite. A number of major in Cologne on New Year’s Eve there on Sunday, Steffen Seibert bombs and war in our country.” was published in Rolling Stone.
fighters carried out the attack, roads, shopping malls and bridg- blamed largely on foreigners said Germans must not blame all Authorities and witnesses said Mexican officials said con-
targeting an area where many es around the Iraqi capital were was “intolerable,” Chancellor the nearly 1.1 million migrants the New Year’s Eve attackers tacts between Guzman’s lawyers
Shiite Muslims are known to also closed for fear of followup Angela Merkel’s spokesman said who entered the country last were among a group of about and Penn and actress Kate del
gather and warned of “worse” attacks. Monday, but added nothing ex- year, and said the government 1,000 people, described as pre- Castillo helped track down the
to come. Iraqi officials say the Also on Monday evening, a cuses retaliatory assaults on im- is also focused on their welfare. dominantly Arab and North fugitive. His capture came six
attack was carried out by seven car bomb in southeast Baghdad migrants. “We’re doing all of these African men, who gathered at months after his escape through
men, one of whom died when in a crowded market area killed Merkel has proposed making things to protect the popula- Cologne’s central train station. a mile-long tunnel from his cell
he detonated his explosive vest five and wounded 12, according it easier to deport immigrants tion in Germany,” he said. “We Some broke off into small groups at the maximum-security Alti-
at the start of the attack. The to hospital and police officials. involved in crimes. But after Co- are also doing this for the great and groped and robbed women, plano prison. He is back at the
conflicting accounts could not THE ASSOCIATED PRESS logne police said a group of Pak- majority of innocent refugees police said. THE ASSOCIATED PRESS same prison. THE ASSOCIATED PRESS
Life insurance is vital,
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Your essential daily news Tuesday, January 12, 2016
the big number R OSEMARY
WESTWOOD
$55M
metroview
The Bowie handbook
for a crazy, creative,
ever changing life
The first time I listened Be insanely creative.
closely to David Bowie, I The foremost ideal he por-
That’s the windfall David Bowie made by issuing “Bowie Bonds” tied to his future royalties in couldn’t see the stars at all. trayed was freedom. Second
I was driving B.C.’s switch- was gall. Both made him very
1997. The singer was ahead of his time not only when it came to music, gender expression and back, two-lane Sea-to-Sky rich, which was undoubtedly
enormous pants, but also in terms of securitization, the process of taking real-life assets and highway at night, while con- part of the calculation, but
turning them into financial instruments. Bowie Bonds let the artist raise money without selling struction crews laboured to his wealth doesn’t lessen the
widen the roads. The looming message.
the rights to his work or having to wait for royalties to roll in. People who bought in received a
spotlights and dust kicked up I never became an avowed
portion of the future sales of music from Bowie’s 25-album, 21-year back catalogue over a 10-year by heavy machines obscured fan. I can’t list off all his
period. The bonds paid a 7.9 per cent yield, and though they didn’t perform as well as expected everything around the car. alter egos in chronological
— the industry soon came under pressure from pirates — the idea caught on. Iron Maiden, James I couldn’t see more than order and match his elabor-
a dozen metres ahead, and ate outfits to his world tours.
Brown and Rod Stewart got on the bond-issuing bandwagon. Soon securities promising future
it felt like navigating some But you didn’t have to be a
profits from everything from time-share loans to racehorse sperm flooded the market. (And sub- robot-strewn future, listening fan to understand the way
prime mortgages, too, though that’s another story). Bowie had foreseen the ch-ch-ch-changes to a mixtape of Bowie, who he ignored the rules. And
in the music business, telling the New York Times in 2002 that “The absolute transformation of seemed to be singing from there could have been no
somewhere beyond this world. better soundtrack to that
everything that we ever thought about music will take place within 10 years … just take advan-
One chord from Ziggy Star- summer, driving the high-
tage of these last few years because none of this is ever going to happen again.” SOURCE: BLOOMBERG dust, and the picture appears: way at night and dreaming
me, young and truly alone for of who I could be.
the first time, trying to make Bowie will be remembered
something of myself in a as a genius of the level few
A bigger down payment strange town. Dust, lights and could aspire to. But there’s
darkness. nothing stopping anyone from
Many others will tell you, aspiring to his approach to
better than I could, what life, if to less dazzling and lu-
David Bowie meant to fashion, crative ends.
is actually a good thing
to finance, to music, to ideas “I thought he was a vam-
of gender. But his effect on our pire! I thought he’d live for-
notions of who and what we ever!” one colleague quipped,
could be — that it is his most after word broke that Bowie
revolutionary legacy. died of cancer.
down payments of as little as $1 million. Despite collecting pre- The David Bowie hand- Few knew he was sick. Few
Diane Baker five per cent. This insurance protects miums, CMHC has in the past book for living would include believed he could die. But you
Mason Meanwhile, lenders — the lender, not the borrower. been in a loss position when such points as: You don’t really can’t avoid it — even if
banks and trust companies — Upon default, the insurance the real-estate market has need to pick an identity, as you’re Bowie. Eventually, you
For Metro
are happy to hand out money. company pays the bank, then crashed. you are infinitely change- run out of costume changes.
Why? Because they aren’t pursues the borrower. As for In order to cool the mar- able. Feel free to wear pants There’s no more time to con-
It’s a common misconception the ones facing the risk, in the premium (which can be ket without causing a crash, as large as you like. Weird is tribute to the world. There
that buying a house is always the event of a crash. That as much as 3.85 per cent of the federal government is sexy. Never take half-steps in is no more time for shape-
a good investment. risk is in the hands of the the amount borrowed), it is introducing changes to the in- make-believe. Don’t worry shifting.
This myth has been bol- lenders’ default insurers, in- added to the debt. On a $500k sured-mortgage rules effective about gender conformity. With whatever time you
stered over the last decade by cluding the crown corpora- loan, that’s another 20 grand Feb. 15, 2016, increasing the Don’t worry about fluid sexu- have, why hold back when
skyrocketing housing prices, tion, Canada Mortgage and — which, on a loan of half a down payment to 10 per cent ality. Be insanely productive. you could more like Bowie?
with nearly frantic buyers Housing Corporation — our million dollars, doesn’t seem for the portion of a home
borrowing disproportionate corporation. like much. value greater than $500k. In a
PHILOSOPHER CAT
amounts of money in order Mortgage default insurance But it is. This will be pain- falling market, this minimal by Jason Logan
to “enter the market,” with has been around for dec- fully apparent when interest equity will quickly vanish.
ades, and is not in itself a bad rates eventually go up. Pay- Lenders hand out money Your essential daily news
thing. Ordinarily a bank, by ments on these massive loans at low rates, and we gobble
If this banquet lfairwst, ims opretrgmagitet efdin taon pcirnogv iodnel y mpeirg hcet nbte, bmuatn aatg feivaeb,l es iaxt o2r. 51 0, imt euapn, sb toor rbouwyi nhgo ubseeyso antd i no-ur STAVJIRCo MEh EPnDR IECAS IrGDuRE OiNcUTk P&s P hREaDESInTIDOkER NT
ends with a crash, to buyers with a 20 per cent they’ll be impossible. flated prices. Cathrin B radbury
even those of dreoawsonn paabylem menatr.k Eevte, nth iant ap uts hoTuhsees m thaartk pete owpillel fhilal vwe ittoh AnIdt’ sif b teheins bqaunitqeu teht ee nbdans qwuietht. VICE PMREETSRIDOE NEAT S&T EGRRNO CUAPN PAUDBALISHER
us who never home ownership out of reach sell, and houses mortgaged a crash, even those of us who Greg Lutes
borrowed a penny for many. beyond their value will be un- never borrowed a penny will MANAAGnINgGe ElaD IMTOuR lTlOinRsONTO
But thanks to CMHC (and sellable. The defaulted loans be chipping in to pay the bill.
will be chipping in to two other private insurers), will be enforced by the insur- ADVERTISER INQUIRIES
to pay the bill. Canadians need to provide ers — including the taxpayer- Diane Baker Mason is a [email protected]
only a five-per-cent down pay- subsidized CMHC — which Toronto-based novelist, General phone [phone]
ment, for homes valued up to will take the hit for any loss. writer and retired lawyer. FREE TO SHARE Pwhwilwos.mopyhmeert croats tnoorwe. acta