Canada Mortgage and Housing Corporation (CMHC; French: Société canadienne d’hypothèques et de logement, SCHL) is Canada’s federal crown corporation responsible for administering the National Housing Act, with the mandate to improve housing by living conditions in the country.
Originally established after World War II to help returning war veterans find housing, it has since seen its mandate expand to the mandate of improving access to housing overall.
The Wikipedia article doesn’t mention that. They administer most (all?) of the hOuSiNg AfFoRdAbIliTy programs announced by the feds over the past 20 years, so I think they’re doing fine financially.
Huh?
https://en.wikipedia.org/wiki/Canada_Mortgage_and_Housing_Corporation?wprov=sfla1
Let me guess, suffered insane cuts under Harper and then never got a boost after?
The Wikipedia article doesn’t mention that. They administer most (all?) of the hOuSiNg AfFoRdAbIliTy programs announced by the feds over the past 20 years, so I think they’re doing fine financially.