The gap between insured and uninsured mortgage originations is now wider than the Grand Canyon. And it just keeps expanding, as the BoC's latest data show (chart below). The government seems blissfully content to let the insured market wither. The number of mortgages on CMHC's books,

A mere 15 out of 10,000 people are 90+ days behind on their mortgage, according to CBA data released last week. That number is historically tiny. Yet, it's been this way for so long that it no longer impresses most people. It should, though. Lenders in 1992