Ouellet scandal at Canada Post fuels Liberal graft fears
The Ottawa Liberal government faces renewed scrutiny as former Canada Post president Andre Ouellet resigns amid a probe into conduct at Crown agencies. Auditor General Sheila Fraser linked the postal body to a multimillion-dollar waste scheme, with Martin government officials allegedly fired or suspended. Ouellet’s pay package and pension arrangements, plus $2 million in travel expenses claimed without receipts under an "honour system," prompt calls for tax adjustments and a broader governance review.
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Growth investing and the case for cheap money
The Turner Report argues against locking into high mortgage costs, endorsing growth assets over fixed income as inflation stays low. It predicts continuing cheap credit, rising stock market appeal, and a housing boom that may cool when prices outpace family affordability.
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