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Finance committee Just by way of answering your question, I only use data that I call “official” data, from OECD, IMF, StatsCan, the U.S. Census Bureau. I'll be very blunt. I don't trust data from NGOs or unions or professors or corporations or politicians.
May 31st, 2012Committee meeting
Prof. Ian Lee
Finance committee No disrespect. I only use official data from those official international organizations, such as the OECD, for example. The OECD has studied this in Pensions at a Glance, which they publish every two years, and it is non-partisan. It is funded by Canada and all the other OECD countries.
May 31st, 2012Committee meeting
Prof. Ian Lee
Finance committee Yes, but I didn't bring them with me.
May 31st, 2012Committee meeting
Prof. Ian Lee
Finance committee CMHC is making money. Many people attribute that to the mortgage underwriting policies of CMHC. As a former mortgage manager who's very intimate—
May 31st, 2012Committee meeting
Prof. Ian Lee
Finance committee I believe it's due to the bank's due diligence.
May 31st, 2012Committee meeting
Prof. Ian Lee
Finance committee Thank you. Thank you for the opportunity to appear. I want to disclose before I present that I have no consulting contracts of any kind anywhere in the world with any corporation or union or NGO or government, and 100% of my income is from Carleton University. I come before this committee prepared, if you will, to speak truth to power.
May 31st, 2012Committee meeting
Professor Ian Lee