CP-Web. CMHC president Evan Siddall speaks to the Canadian Club of Toronto in Toronto on June 1, 2017. THE CANADIAN PRESS/Nathan Denette ORG XMIT: 20881795
The federal agency charged with overseeing most things related to housing in Canada will be getting a new name, pending regulatory approval.
For decades, Canada Mortgage and Housing Corp. has primarily focused on financing of homeownership, with what has been a secondary focus on housing affordability, the corporation’s CEO, Evan Siddall, told The Canadian Press last week.
Siddall says the general perception of CMHC is that it is a financial institution and while that is true to a degree, he said it overshadows the agency’s effort to find affordable homes for people, whether it’s buying, renting or social
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