As part of Canada’s COVID-19 Economic Response Plan, the Government of Canada has announced proactive and coordinated measures to ensure the health of our financial system and economy.
The government has launched a revised Insured Mortgage Purchase Program (IMPP). Under this program, the government stands ready to purchase up to $150 billion of insured mortgage pools through CMHC. This action will provide stable funding to banks and mortgage lenders in order to ensure continued lending to Canadians.
*This is a tentative schedule. CMHC reserves the right to change the details provided above.
*Please note that there are 2 remaining IMPP purchase operations: one in November and the final one in December 2020.
NHA MBS Eligibility
All NHA MBS maturing on or before the maturity date as stated above.
- Standard Terms for NHA MBS Purchase Operation (PDF)
- Standard Terms for NHA MBS Purchase Operation Swap Transactions (PDF)
Special Purchase Notes
- All offers must be submitted no later than 10:00 am (Ottawa time) on the day of the purchase operation.
- Offers must be sent only to the e-mail address specified below.
E-mail subject line should read: “NHA MBS Purchase Operation Offer”