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What is Canadian Mortgage and Housing Corporation mean?
Canada Mortgage and Housing Corporation (CMHC) is a Crown Corporation of the Government of Canada. It was originally established after World War II, to help returning war veterans find housing. It has since expanded its mandate to improve Canadians' "access to housing". The organization's primary goals are to provide mortgage liquidity, assist in affordable housing development, and provide unbiased research and advice to the Canadian government, and housing industry.
CMHC is the largest Crown corporation in terms of assets with CA$295 billion in assets as of the second quarter of 2021.
referencePosted on 13 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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