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CMHC

  • 98 Percent of CMHC Employees Got Bonuses Last Year Totalling $27M
    98 Percent of CMHC Employees Got Bonuses Last Year Totalling $27M
    Canada's national housing agency handed out more than $27 million in employee bonuses last year, bringing the total extra pay for its workers to $102 million since 2020, according to ...
    April 4, 2024BY Chandra Philip
  • CMHC Ending First-Time Home Buyer Program on March 21
    CMHC Ending First-Time Home Buyer Program on March 21
    Canada’s first-time home buyer incentive program has been discontinued. The Canada Mortgage and Housing Corporation (CMHC) made the ...
    March 1, 2024BY Chandra Philip
  • CMHC’s Forecast of 3.5 Million Houses Needed ‘Already Obsolete’ Against Rising Population Growth: CIBC Report
    CMHC’s Forecast of 3.5 Million Houses Needed ‘Already Obsolete’ Against Rising Population Growth: CIBC Report
    Canada’s Mortgage and Housing Corporation’s (CMHC) estimation that 3.5 million new homes are needed by 2030 to retain ...
    February 10, 2024BY Chandra Philip
  • New Housing Prices Dipped in November
    New Housing Prices Dipped in November
    The cost of buying a new home dropped slightly in November, according to Statistics Canada. The national average ...
    December 26, 2023BY Chandra Philip
  • Housing Agency Has No Housing Shortage Plan Yet, CEO Says
    Housing Agency Has No Housing Shortage Plan Yet, CEO Says
    The CEO of CMHC says more time is needed to complete an assessment as it’s 'very difficult' to ...
    December 7, 2023BY Noé Chartier
  • People Are Homeless Because There’s Not Enough Affordable Housing, Says Housing Minster
    People Are Homeless Because There’s Not Enough Affordable Housing, Says Housing Minster
    Canada’s housing minister says the government should ensure those who cannot work still have a home. Minister Sean ...
    December 2, 2023BY Chandra Philip
  • Government Housing Organization Says It Must ‘Do Better’ After Building Just 12 Homes in 8 Years
    Government Housing Organization Says It Must ‘Do Better’ After Building Just 12 Homes in 8 Years
    The Canadian Mortgage and Housing Commission (CMHC), a Crown corporation, said that it must “do better” to improve ...
    November 4, 2023BY Chandra Philip
  • More Mortgage Defaults in First Quarter Than All of 2022: Housing Agency
    More Mortgage Defaults in First Quarter Than All of 2022: Housing Agency
    There were more mortgage defaults in the first quarter of 2023 alone than in all of 2022, government ...
    October 2, 2023BY Neil Sharma
  • Building 3.5M New Homes by 2030 Not Realistic, Says CHMC
    Building 3.5M New Homes by 2030 Not Realistic, Says CHMC
    The Canada Mortgage and Housing Corporation's chief economist says he isn’t confident Canada will be able to meet ...
    September 29, 2023BY Neil Sharma
  • Minister Fraser Urged to Review Housing Agency’s Mandate Amid Affordability Crisis
    Minister Fraser Urged to Review Housing Agency’s Mandate Amid Affordability Crisis
    Housing Minister Sean Fraser was pressed during a Commons committee meeting to review the mandate of the Canada ...
    September 28, 2023BY Neil Sharma
  • CMHC Unsure How Much Rental Construction GST Freeze Will Create
    CMHC Unsure How Much Rental Construction GST Freeze Will Create
    The Canada Mortgage and Housing Corporation’s (CMHC) chief economist told a Senate committee meeting on national finance that ...
    September 27, 2023BY Neil Sharma
  • Feds’ Affordable Housing Program Built 12 Homes in 8 Years
    Feds’ Affordable Housing Program Built 12 Homes in 8 Years
    Only 12 new homes were built in recent years in relation to the Liberal government's plan to convert ...
    September 25, 2023BY Neil Sharma
  • Canada Still 3.5 Million Homes Short of Affordability, Says CMHC
    Canada Still 3.5 Million Homes Short of Affordability, Says CMHC
    The Canada Mortgage and Housing Corporation (CMHC) projects the country will need 3.5 million new homes built within ...
    September 14, 2023BY Neil Sharma
  • A Quarter of Canadians Struggling to Pay Their Mortgages: CMHC
    A Quarter of Canadians Struggling to Pay Their Mortgages: CMHC
    Nearly a quarter of Canadian mortgage holders are struggling to make payments on their homes amid cost-of-living woes ...
    September 12, 2023BY Neil Sharma
  • Cory Morgan: Featuring Home Equity Tax Advocate at Cabinet Retreat Amid Housing Crisis a Troubling Sign
    Cory Morgan: Featuring Home Equity Tax Advocate at Cabinet Retreat Amid Housing Crisis a Troubling Sign
    Commentary The housing crisis in Canada is getting desperate. Prices for purchases and rentals are skyrocketing across the ...
    August 25, 2023BY Cory Morgan
  • CMHC Distributes $75 Million in Bonuses During Period of Housing Affordability Crisis
    CMHC Distributes $75 Million in Bonuses During Period of Housing Affordability Crisis
    The Canada Mortgage and Housing Corporation's executive bonus compensation totalled almost $27 million in 2022, according to the ...
    July 28, 2023BY Amanda Brown
  • Poilievre Pledges to Speed Up Housing Approval Following CMHC Report on Slow Times for Toronto, Vancouver
    Poilievre Pledges to Speed Up Housing Approval Following CMHC Report on Slow Times for Toronto, Vancouver
    Following a report by the Canada Mortgage and Housing Corporation (CMHC) saying Vancouver and Toronto have the slowest ...
    July 14, 2023BY Matthew Horwood
  • Canada Has Highest Household Debt Level in G7: CMHC Deputy Chief Economist
    Canada Has Highest Household Debt Level in G7: CMHC Deputy Chief Economist
    Canada has the highest level of household debt in the G7, making its economy vulnerable to a global ...
    May 24, 2023BY The Canadian Press
  • Housing Supply Not Keeping Up With Immigration, Rents Soar
    Housing Supply Not Keeping Up With Immigration, Rents Soar
    Housing supply is not keeping up with a rapidly growing population and the problem is worsening in 2023
    May 3, 2023BY Rahul Vaidyanath
  • Government Can’t Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC
    Government Can’t Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC
    A new report by Canada Mortgage and Housing Corp. says government alone can't solve the country's housing affordability challenges. The scale of ...
    November 29, 2022BY The Canadian Press
  • Federal Government Doesn’t Know If It’s Reducing Homelessness: Auditor General
    Federal Government Doesn’t Know If It’s Reducing Homelessness: Auditor General
    Auditor general Karen Hogan says the federal government doesn’t know if its initiatives aimed at reducing chronic homelessness ...
    November 15, 2022BY The Canadian Press
  • Canada’s Home Builders Grow in Confidence, Say Industry’s Success Needs Municipal Cooperation
    Canada’s Home Builders Grow in Confidence, Say Industry’s Success Needs Municipal Cooperation
    Home builders in Canada have their work cut out for them to increase the housing supply and ease ...
    May 11, 2022BY Rahul Vaidyanath
  • Canada’s Housing Affordability Crisis: No Fix Without Increasing Rentals Supply, Says Economist
    Canada’s Housing Affordability Crisis: No Fix Without Increasing Rentals Supply, Says Economist
    Housing market analysts have long pointed to a lack of supply as the key issue to resolve, and ...
    February 23, 2022BY Rahul Vaidyanath
  • As Canada’s Housing Heats Up, So Does Contention Between Regulator and Industry
    As Canada’s Housing Heats Up, So Does Contention Between Regulator and Industry
    As a confluence of factors works to turbocharge real estate, in the background the industry is at loggerheads ...
    August 19, 2020BY Rahul Vaidyanath
  • CMHC to Raise Mortgage Insurance Premiums for New Homebuyers
    CMHC to Raise Mortgage Insurance Premiums for New Homebuyers
    Canada's federal housing agency is hiking the cost of mortgage loan insurance for homebuyers starting March 17, as ...
    January 17, 2017BY The Canadian Press
  • Canadian Government Targets More Reductions to Housing Market Exposure
    Canadian Government Targets More Reductions to Housing Market Exposure
    The federal government wants to find out if it would be a better system to require mortgage lenders ...
    October 27, 2016BY Rahul Vaidyanath
  • CMHC Examining Banks Taking on More Mortgage Risk
    CMHC Examining Banks Taking on More Mortgage Risk
    TORONTO—Canada Mortgage and Housing Corporation (CMHC) is continuing to explore the possibility of forcing banks to shoulder more ...
    March 15, 2016BY The Canadian Press
TOP NEWS
  • Here’s Who Won Key House Primaries in Arizona
    NEW By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    2hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    4hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    4hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    4hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    5hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    5hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    6hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    6hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    6hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
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