CANADA MORTGAGE AND HOUSING CORPORATION In 2020, Canada’s real GDP realized a 5.4 per cent decline, after growing by 2.4 and 1.9 per cent respectively in 2018 and 2019. The economy is set to rebound in 2021, with the reduction in new COVID infections and easing of restrictions.. The Canada Mortgage and Housing Corporation (CMHC) surpassed its 2023 housing targets despite difficult economic conditions and internal financial struggles. According to its annual report, the crown corporation helped deliver 494,319 new, repaired or assisted living units through its programs in 2023, well ahead of its 350,000 target. That.
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Note: Amounts for 2007-08 until 2022-23 are actuals, as available. Amount for 2023-24 is an estimate. Amounts are on a cash basis. Amounts include Canada Mortgage and Housing Corporation (CMHC) programming only, and do not include: homelessness programming; energy efficiency programs delivered through Natural Resources Canada; tax measures; cost-matching provided by provinces and territories.. CMHC is more than mortgage loan insurance…. We delve into research, explore innovative strategies, collaborate with industry professionals and innovators and fund affordable housing opportunities to create a Canada where everyone has a place to call home. We also offer plenty of housing information for consumers — like tips on renting.