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National Housing Agency Head Says Supply No Match for Demand From International Students

Outgoing President and CEO of Crown Corporation Also Predicts Prolonged Higher Interest Rates
CMHC President and Chief Executive Romy Bowers, left, is interviewed by Mike Moffatt of the Smart Property Institute. (Garry Marr/CoStar News)
CMHC President and Chief Executive Romy Bowers, left, is interviewed by Mike Moffatt of the Smart Property Institute. (Garry Marr/CoStar News)
CoStar News
November 15, 2023 | 4:12 P.M.

The outgoing head of the Canada Mortgage and Housing Corp. told the audience at a real estate conference that the level of international students in Canada greatly outnumbers the number of available housing units.

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