CMB MAGAZINE cmba-achc.ca fall 2016 | 5
contents
VO LU M E 1 I S S U E 4 FA L L 2 0 1 6
11 Defending Our Territory
CMBA directors and members met with the Federal Finance
Minister about October's blindsiding regulations announcement
By Janet McKeough
12 Together Everyone Achieves More
Highlights from September's two-day CMBA – Atlantic
Canada conference
16 Undoing Dominance
Why adequate ILA is crucial to overcoming a conflict of interest
By Ray Basi
28 e Limits of Power
A tribunal's outcome may have a long-reaching impact on the
clout of the Registrar of Mortgage Brokers By Owais Ahmed
31 Settling Up
Recently introduced regulations around debt-settlement services
need to take greater consideration of a mortgage broker's role
By Samantha Gale
36 To Tax or Not to Tax?
Should GST be applied to a mortgage broker's commissions?
By Ray Basi
38 Accuracy Counts
An Alberta court case highlights the need for lenders to be
precise in their reporting to credit agencies By Ray Basi
40 Land, Ho!
e ever-growing demand for new homes in the GTA offers
unprecedented opportunities for brokers and builders
By Paul Rayment
42 A Mass Injustice?
A recent tax imposed upon foreign buyers of Greater Vancouver
properties has prompted a class action suit By Ray Basi
45 A Case for Caution
A thorough review of a strata's bylaws is crucial before a lender
considers accepting a unit as security for a mortgage By Ray Basi
50 Birth of a Brand
CMBA president Ajay Soni discusses the creation of the
MB logo By Lisa Gordon
54 Brokering Change
Mortgage brokers from across Canada have united under a
common name and a universal brand By Lisa Gordon
56 Late-Breaking News
Potential trouble for Trump in Toronto; a Cape Breton couple
triumph against their bank By Samantha Gale
61 A Matter of Principal
Taxpayers must now disclose a great deal more information
to the government about their primary residence
By Samantha Gale
e Blame Game
Why foreign investment is only a piece of the puzzle that is Vancouver's controversial real estate market
By Jacob Parry
20
features
departments
8 Editorial Summary
10 Letters to the Editor: Views on current topics
15 Events Calendar
62 Advertisers Index
columns
24 Legal Ease
CMB MAGAZINE cmba-achc.ca fall 2016 | 5
