The agency that insures Canadian mortgages just paid out thirty two million dollars in staff bonuses. The people footing that bill are the same ones struggling to qualify for a mortgage in the first place. Jamie Ellerton, founding partner at Conaptus, and former Toronto City Councillor and TTC Chair Karen Stintz do not let that pass quietly.

The same scrutiny lands on Stornoway. Elizabeth May has petitioned to sell the official opposition’s government house to save money, and the response from both guests is not what you’d expect: not that she’s wrong to ask, but that the reasoning misses what actually costs this country money. There is a harder question sitting underneath both stories, about who gets protected when a system is already broken and who pays for the protection.

Two people who watch Canadian politics and money closely enough to be genuinely annoyed by it, saying so plainly.

Topics: CMHC bonuses, Stornoway, 24 Sussex, housing affordability, Canadian politics

GUEST: Jamie Ellerton | http://conaptus.com
GUEST: Karen Stintz

Originally aired on2026-07-08