General Counsel and Corporate Secretary at Canada Mortgage and Housing Corporation
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The National Housing Strategy is a $40 billion, 10-year plan designed to ensure more Canadians have safe and affordable homes. Key objectives include assisting 530,000 families in need, reducing chronic homelessness by 50%, and fundamentally transforming housing in Canada by fostering a new generation of housing and improving living conditions nationwide.
The Canada Mortgage and Housing Corporation's Corporate Plan outlines its strategic direction to foster social inclusion, economic prosperity, and responsiveness to the housing needs of Canadians. The plan focuses on four strategic objectives: driving solutions for housing finance access and stability, contributing to housing policy and delivering programs to increase housing supply and affordability, building and sharing housing knowledge and expertise, and maintaining a high-performing organization. This strategy aims to ensure that everyone in Canada has access to an affordable home that meets their needs.
The 2025-2029 Corporate Plan for Canada Mortgage and Housing Corporation (CMHC) serves as a roadmap to address Canada's housing challenges and ensure a well-functioning housing finance system. It focuses on four strategic objectives: offering housing finance solutions for stability, delivering government programs to increase supply and affordability, building and sharing housing knowledge and expertise, and operating as a high-performing organization. The plan aims to improve housing outcomes for Canadians by leveraging financial expertise, delivering federal housing programs, and providing trusted insights into the housing sector.
The Government of Canada's National Housing Strategy is a comprehensive, people and place-based plan designed to ensure all Canadians have access to safe, adequate, and affordable housing. It is rooted in social inclusion and a human rights-based approach to housing, aiming to address the needs of vulnerable populations including seniors, Indigenous peoples, and those experiencing homelessness. Key initiatives include significant investments in social and public housing, the establishment of a Canada Housing Benefit, and enhanced research into housing markets. The strategy targets moving 530,000 households out of housing need, halving chronic homelessness, repairing 300,000 affordable housing units, and building 100,000 new affordable homes over a ten-year period, with an estimated total investment of nearly $40 billion.
Extracted from official board minutes, strategic plans, and video transcripts.
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