Canadians should mail letters, ring them up, fax them if they can, to let them know that any reasonable person would consider this goal post shifting a complete abdication of their responsibilities.

National Office Canada Mortgage and Housing Corporation 700 Montreal Road Ottawa, Ontario K1A 0P7

Reception/Main number: 613-748-2000 Fax: 613-748-2098

OK, and who appoints the Board? And who sets government policy and tables a budget that determines what the CMHC can realistically do?

This is absolutely the responsibility of the federal government, even if they don't author these reports.

Honestly I only went and looked for the report because of a post on Bluesky by Peter Julian.

That said, this post seems to have already gotten more reach than a ~~sitting~~ former MP's did on that platform, so you're right about the fediverse!

Regardless, I agree it should be much bigger news.

What you dont understand about the plan to financially repress the youth by ballooning home values via mass immigration is that Brookfield has a large residential real estate portfolio, which will fall in value if home prices fall.

I hope this helps.

While there are concerns that increasing housing supply would cause house prices to fall rapidly and pose a risk to financial stability, this is unlikely. Housing supply cannot be increased rapidly enough in reality to trigger such an event.

We're fucked. 🤣

Carney does not run the CMHC. Your point may still be valid but in this context he did not make this decision.

So, you think Poilievre was the right choice then? The guy who consistently voted against affordable housing?

Carney does not run the CMHC.

"I plan to lower the passing grade from 50% to 40-45% and 30% by 2035."