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Winnipeg receives help for affordable housing from CMHC

December 20, 2012

Winnipeg receives help for affordable housing from CMHC

Built in 1965, Stadacona Plaza was a mostly one-bedroom rental apartments located in one of Winnipeg’s lower-income neighbourhoods, unable to attract single-parent families, most of whom were looking for two bedrooms or more. Using innovative renovations for the building, Mario Lopes, President of MR Lopes Investments, was able to access forgivable loans through Canada Mortgage and Housing Corporation (CMHC)’s Residential Rehabilitation Assistance Program (RRAP) which in Manitoba is cost-shared with the province. Lopes wanted Standacona Plaza to become a starting point for Elmwood’s community renewal as well. This area of Elmwood has seen a significant decrease in crime, noise and graffiti; at its heart, Stadacona Plaza has become a self-sustaining project with no vacancy for more than two years. View the Success Story to see how this project came to life: This project received financial assistance from CMHC. Find out more about the Residential Rehabilitation Assistance Program (RRAP):

Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell University, UCLA, and Amherst College. Now a senior fellow at the Hoover Institution, Sowell has published more than a dozen books, the latest of which is a revised and updated edition of his classic volume, Basic Economics. “Through its various editions,” Sowell writes, “the fundamental idea behind Basic Economics remains the same: Learning economics should be as uncomplicated as it is informative.” Here, Sowell seeks to uncomplicate some of the economic issues confronting the country today, from the financial crisis and the role of the Fed to the economics of health care and trade imbalances.
Video Rating: 4 / 5

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  1. rob robertsDec 20, 2012 at 2:47 am

    thank goodness for thomas sowell.

  2. HawksVols44Dec 20, 2012 at 3:04 am

    Why couldn’t we get Thomas Sowell in a few debates against Obama? I’d love to be able to sit down and talk to this man.

  3. muckypup1975Dec 20, 2012 at 3:49 am

    the kool-aid has destroyed your brain

  4. YSV RaoDec 20, 2012 at 4:48 am

    Accuse him OF racism I mean

  5. YSV RaoDec 20, 2012 at 4:59 am

    I wish! There would be some repugnant Candy Crowly type “moderator” who would interrupt Dr Sowells zingers and save Obamas ass.Even if Dr Sowell overcome that and come out winning,the media will accuse him or racism or call him “Uncle Tom”.

  6. YSV RaoDec 20, 2012 at 5:03 am

    Did you make this statement when liberals constantly compared Bush to Hitler?

  7. 1canyonguyDec 20, 2012 at 5:20 am

    This guy lost all credibility when he compared OBama to Hitler

  8. rsjonescoDec 20, 2012 at 6:06 am

    This man knows exactly what the problems are with our economy. It is Big Government Republicans and Socialist Democrats. It is not liberty, freedom, or capitalism.

  9. Ivan CampbellDec 20, 2012 at 6:11 am

    So the numbers for the deficits are fake then U idiot

  10. DouglasEdward84Dec 20, 2012 at 6:55 am

    I just started reading Thomas Sowell’s book “Economic Facts and Fallacies” what an amazing book, truly the most fascinating and life changing book I’ve ever read.

  11. Lee BrowneDec 20, 2012 at 7:51 am

    Ty Bennion and MrHat85 say what I would like to say. I would especially appreciate Obama being speechless.

  12. Darryn MartinDec 20, 2012 at 7:59 am

    I’m reading it now. Tom Sowell is an American treasure.

  13. Barskor1Dec 20, 2012 at 8:38 am

    When the “So many in the Academic community” Actually achieve a demonstrable success I will listen to them so far they are Sheep bleating in a field for the worth of their predictions and quality of thought.

  14. Barskor1Dec 20, 2012 at 8:55 am

    Your premise is flawed the uninsured can go to other clinics there are available health services who accept personal payments. You are quoting the MSM data nothing keeps a doctor from taking an individuals money over that of an Insurance companies. These doctors are available if you look for them and many advertise offering lower cost services due to not needing staff to handle fighting the Insurance companies for payment and meeting government regulations.

  15. Barskor1Dec 20, 2012 at 9:12 am

    Do any of you remember the 40 hour work week? What happened to it? Congress made a law saying those who have a 40 hour work week are to be provided healthcare. They simply stopped employing the majority for 40 hours shifted to salaries for the rest and the common person is hung out to dry by politicians trying to force uneconomical decisions on to business to get votes.

  16. rosvokersanttiDec 20, 2012 at 9:24 am

    I call bullshit on the healthcare issue in Scandinavia. We have both private and government provided healtcare, if you want to pay for fast healthcare you do that, if you can’t pay, you get your healthcare but have to wait for a while. I wouldn’t want it any other way.

  17. Charles CurmudgeonDec 20, 2012 at 10:22 am

    I like Dr. Thomas Sowell very much, but in this impromptu discussion, he was done damage to his own point of view, once on health care, when he was asked a “macroeconomic” question but provided a micro-economic answer: because he did not address the 47,000,000 who have no health insurance, by saying that those who have money can buy it — but the highly expensive “emergency room care” is born by those who do pay — indirectly. 2ndly, “provided” vs “controls by providing information”.

  18. Derek RobertsonDec 20, 2012 at 10:56 am

    Every time this guy laughs, I want to punch him in the throat.

  19. Welsh77Dec 20, 2012 at 11:06 am

    the laffer curve is common sense but people who argue that every tax hike lowers revenue and every cut brings in more give it a bad name. it depends on the tax, you’re burying supply side economics with these categorical generalizations and that’s why it’s been discredited by so many in the academic community

  20. mutdogg21Dec 20, 2012 at 11:53 am

    Better than the double speak answers you get from every single democrat politician.

  21. 117tyDec 20, 2012 at 11:53 am

    Because Clinton’s so called “surplus” was a lie. It didn’t exist. It was a projection of revenue, not actual revenue. Overall, Clinton’s tax hike did exactly what every other tax hike in American history did; lower revenue to the government.

    I have more faith in Thomas Sowell than a literature professor claiming to hold all the answers to America’s problems.

  22. milflyboyDec 20, 2012 at 12:17 pm

    I love Tom Sowell, but this interviewer can be hard to take. He comes off as such an ass-kisser! I just love 19:16.

  23. hitmanhart670Dec 20, 2012 at 1:10 pm

    Lol @ him dodging the Clinton question at 12:03 because the results don’t match his own economic theories. And this is the man with whom conservatives place their faith?

  24. WatchThisReviewDec 20, 2012 at 1:42 pm

    Because it’s not in the politicians’ best interests, which in trying to maintain their power and influence.

  25. Gabe33572Dec 20, 2012 at 2:16 pm

    the gov made the banks loan money to people that didn’t qualify for the standard tried and true 20% down 30 yr fixed rate. 0% down payment,adjustable rates,were the start of it.