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CMHC
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, 2024
BY
Chandra Philip
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, 2024
BY
Chandra Philip
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, 2024
BY
Chandra Philip
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, 2023
BY
Chandra Philip
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, 2023
BY
Noé Chartier
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, 2023
BY
Chandra Philip
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, 2023
BY
Chandra Philip
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Neil Sharma
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, 2023
BY
Cory Morgan
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, 2023
BY
Amanda Brown
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, 2023
BY
Matthew Horwood
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, 2023
BY
The Canadian Press
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, 2023
BY
Rahul Vaidyanath
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, 2022
BY
The Canadian Press
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, 2022
BY
The Canadian Press
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, 2022
BY
Rahul Vaidyanath
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, 2022
BY
Rahul Vaidyanath
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, 2020
BY
Rahul Vaidyanath
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, 2017
BY
The Canadian Press
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, 2016
BY
Rahul Vaidyanath
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, 2016
BY
The Canadian Press
TOP NEWS
Trump Urges Netanyahu Not to Retaliate After Iran’s Missile Attack
NEW
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
7hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
9hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
10hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
14hr
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Lawrence Wilson