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August 20, 2015

Although few outside of financial circles have heard of covered bonds, they have emerged as an important and efficient funding channel for Canadian mortgage lending, according to a new report released today from the C.D. Howe Institute. In “How to Make the World Safe for (and from) Covered Bonds,” author Finn Poschmann addresses the fact that covered bond issuance in Canada has a regulatory limit of 4 percent of bank assets, a rate that is lower than in most advanced economies, and explores the case for expanding that limit. 

Finn Poschmann

Finn Poschmann graduated in economics from Carleton University in Ottawa in 1986 and is President & CEO of the Atlantic Provinces Economic Council.

He was previously Vice President, Policy Analysis at the C.D. Howe Institute, where he held a variety of positions since January 1998.