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A Commitment to Affordability
Annual Report 2019
This report highlights CMHC’s work toward achieving its bold aspiration: By 2030, everyone in Canada has a home that they can afford and that meets their needs.
A word from Evan
Read the message from our president and CEO about how we did in 2019 and the importance of housing affordability.
2019 by the numbers
Highlighted results below are as at December 31, 2019
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34,400
new housing units committed under NHS initiatives
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60,000
repaired housing units committed under NHs initiatives
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$56 million
committed to help Canadians access homeownership more affordably through the First-Time Home Buyer Incentive
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66,000
housing units committed for construction or repair through the National Housing Co-Investment Fund
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15,900
units housing units committed under the Rental Construction Financing initiative
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100,000
households provided mortgage insurance (more than 14% in rural areas)
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127,000
rental housing units insured
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52.2%
of leadership roles held by women in our diverse and talented workforce
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6
awards presented through the CMHC Housing Research Award Program
Spotlight on the National Housing Strategy
In 2019, we put significant focus on implementing Canada’s first National Housing Strategy (NHS). We celebrated several milestones on this 10-year, $70+ billion journey:
Our 2019 Annual Report demonstrates our contributions to the stability of housing markets and the financial system while providing support for Canadians in housing need. Discover more about our accomplishments in our full Annual Report.
