The Sanctuary of a Home
Annual Report 2020
This report highlights CMHC’s work in 2020 and its goal to achieve housing affordability for all. It demonstrates the role that we played over the past year in helping Canadians when they needed it most.
Learn more about it in our full Annual Report.
2020 by the numbers
Highlighted results below are as at December 31, 2020
housing units purchased across Canada with the help of our homeowner insurance products (more than 16% insured in rural areas)
small businesses supported through the Canada Emergency Commercial Rent Assistance program
financially committed to projects under the Rapid Housing Initiative, supporting the construction of over 3,400 units
repaired housing units committed under NHS initiatives
new housing units committed under NHS initiatives
rental housing units insured
47 & 24
Innovation Labs and Demonstrations Initiatives supported to spur innovation in the housing sector
housing units committed under the Rental Construction Financing initiative
3.5% & 3.3%
minimum representation of CMHC’s black and indigenous workforce and its leadership by 2025
Spotlight on our operations
In 2020, we demonstrated our ability to adapt with speed and resiliency in response to a global pandemic. At the same time, we were able to continue our daily activities to ensure that by 2030, everyone in Canada has a home that they can afford and that meets their needs.