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CMHC Reports Drop in Net Income as It Deals With Slow Housing Market

Crown Corporation Reports Volatility From Inflation and Interest Rates
CMHC's head office is in Ottawa. (CoStar)
CMHC's head office is in Ottawa. (CoStar)
CoStar News
August 31, 2022 | 7:42 P.M.

Canada Mortgage and Housing Corp., the federal Crown corporation that advises the government on housing policy and provides mortgage default insurance for consumers, reported a decline in second-quarter earnings.

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News | CMHC Reports Drop in Net Income as It Deals With Slow Housing Market