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Tag Archives: CMHC

New Affordable Rental Housing for Wetaskiwin Families

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NEWS PROVIDED BYCanada Mortgage and Housing Corporation  Feb 02, 2021, 11:00 ET WETASKIWIN, AB, Feb. 2, 2021 /CNW/ – Every Canadian deserves a safe and affordable place to call home. Thanks toinvestments made by the Government of Canada, residents of Wetaskiwin will soon have access to more stable rental housing options. Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development [&hellip…

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CMHC reveals outcome of stress test

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by Kevin Orland Canada Mortgage & Housing Corp., the nation’s housing agency and main provider of mortgage insurance, forecasts that it would remain solvent in all but the most extreme economic scenario envisioned in its annual stress test. The CMHC said Thursday that it would be forced to recapitalize itself only if the economy underwent a [&hellip…

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Feds invest $40 million in housing support for Black Canadians

The federal government has announced a new investment of $40 million in housing support for Black Canadians, which will be coursed through CMHC and Habitat for Humanity Canada. The budget is slated to create approximately 200 energy-efficient homes across the country for Black Canadians. This will be on top of the $32.4 million partnership between [&hellip…

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