National housing strategy investments ‘not enough’ to increase housing supply, says CMHC

Canada’s Superintendent of Financial Institutions Peter Routledge says Canada’s housing sector has systems in place to absorb shocks from rising interest rates, but as a financial regulator he should ‘never be too overly confident in financial stability.’
The Canada Mortgage and Housing Corporation’s president says its latest housing market assessment shows the Canadian housing market has reached a "very high degree of volatility.” “The main problem is that supply is not keep...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.


Already a Subscriber?

Get Today’s Headlines Newsletter

Your quick scan of the news you need each weekday to be the smartest person in the room.


By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

MORE News

RELATED STORIES