CMHC chief warns national housing policy expectations too costly

As the Canada Mortgage and Housing Corporation continues its “Let’s Talk Housing” consultations, its chief executive says that the ideas that people are hoping for would likely cost too much.

Evan Siddall told BNN that people’s expectations would be unlikely to fit within Ottawa’s budget for a national housing policy and that full details of the corporation’s recommendations will not be made public.

The CMHC proposals to tackle the growing issue of housing affordability will only be seen by the federal government.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?