CMHC 2025 Annual Report | Housing Programs and Results Canada | CMHC

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Our Performance in Numbers

CMHC supported housing across Canada through major financial programs and investments.

$60B

Canada Mortgage Bonds guaranteed.
Strengthened capital markets capacity and supported financing for multi-unit housing across Canada.
$49.45B

committed through National Housing Strategy programs.
Supported the creation, repair or acquisition of 348,240 housing units across Canada.
$42.7B

Affordability-Linked National Housing Act Mortgage-Backed Securities issued.
Increased financing for affordable and climate-aligned rental housing.
260,000+

rental units insured.
Expanded rental housing supply, including strong support for new construction through the Apartment Construction Loan Program.

Report Highlights

Housing Finance Solutions

CMHC supported housing finance systems that help build and maintain housing across Canada.

Improved access to long-term housing finance through Canada Mortgage Bonds to support multi-unit housing projects.
Expanded tools that support affordable and climate-friendly rental housing investment.
Increased participation in housing finance markets through mortgage-backed securities managed by Canada Housing Trust.
Supported rental housing growth through insurance programs that help finance new construction and long-term housing stability

Advancing Housing Supply and Modernizing Delivery

CMHC improved housing programs and modernized delivery systems across Canada.

Improved homeowner insurance products to better meet housing market needs and support lenders.
Expanded insurance options, including longer amortization periods, higher insured purchase prices and support for secondary suites.
Supported more housing supply through rental and ownership insurance programs.
Improved digital systems to make underwriting faster, more transparent and more reliable.
Strengthened housing affordability and resilience through climate risk tools and pricing improvements.

Delivering Government Housing Programs and Priorities

Federal housing investments supported new supply, repairs, affordability and energy efficiency across the country.

$49.45B

National Housing Strategy programs
Housing supply, repairs and acquisitions across Canada
$29.45B

Apartment Construction Loan Program
74,636 new purpose-built rental units
$14.44B

Affordable Housing Fund
56,901 new affordable units and 174,777 repairs
$4.4B

Housing Accelerator Fund agreements
241 agreements to speed up housing development
$1.21B

Co-operative Housing Development Program
2,787 new co-operative housing units
$3.06B

Greener housing investments
Housing retrofits and energy efficiency upgrades

Building and Sharing Housing Knowledge and Expertise

Housing insights reached more Canadians and improved access to housing data across Canada, with:
○ 20% growth in flagship report engagement
○ 32% increase in housing-related video views
Launched the Housing Design Catalogue with 50 standardized designs to speed up permitting and support innovative construction methods.
Implemented the Integrated Housing Model to:
    ○   improve forecasting
    ○   identify housing supply gaps
    ○   support evidence-based housing policy decisions

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Date Published: May 5, 2026