Former CMHC chief Evan Siddall named chair of Build Canada Homes
The former CMHC chief returns to federal housing policy as the new Crown corporation moves toward full operations.
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The former CMHC chief returns to federal housing policy as the new Crown corporation moves toward full operations.
CMHC data show half of the country’s social and affordable rental stock was built before 1980, while fewer than 4% of units were constructed since 2020.
The federal government is investing at least $2.7 billion to build more than 18 housing projects across Toronto.
OTTAWA — Ottawa is appointing a former investment banker and public servant with links to Prime Minister Mark Carney to steer the board of directors at its affordable housing agenc...
Build Canada Homes will call Toronto home.
Insured and uninsured originations increased during the first half of the year, though the share of impaired mortgages also moved higher.
Ontario and Ottawa are announcing up to $1 billion to help municipalities in the province build infrastructure for more homes.
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May.
CMHC now expects home sales, prices and housing starts to fall in 2026 as economic uncertainty, high borrowing costs and slower population growth keep buyers sidelined.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell five per cent compared with June.
City receiving $572 million for infrastructure in exchange for eliminating development charges for three years
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May. The national housing agency says the seasonally adjus...
Builders are turning to modular construction, energy-efficient design and community land trusts as high costs, labour shortages and logistical hurdles deepen Northern Canada’s hous...
Residential lending continued to drive balance growth, while non-performing mortgages remained below 0.2% of the portfolio.
Federal mortgage-rule changes contributed to higher premiums written at the mortgage insurer, but rising delinquencies and claim severity pushed quarterly earnings lower.
New CMHC and RBC data point to a housing market that is stabilizing but not recovering – and the implications for real estate-linked portfolios are worth watching
Weak demand, high borrowing costs and trade uncertainty to keep prices falling this year
City receiving $697.2 million for housing-enabling infrastructure in exchange for reducing and eliminating development charges over three years
Canada would need to roughly double investment in new residential construction over the next decade, potentially intensifying competition for capital and keeping borrowing costs hi...
Funding will support housing-enabling infrastructure projects in municipalities that do not levy development charges
OTTAWA — Canada Mortgage and Housing Corp. says it now sees home sales and prices declining this year, a downgrade from its earlier forecast, before the market returns to modest gr...
City receiving up to $401.4 million for infrastructure in exchange for eliminating or reducing development charges for four years
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