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Liberals bring back the Crown Corporation! (lemmy.ca)

submitted 4 days ago* (last edited 4 days ago) by CloudwalkingOwl@lemmy.ca to c/canadapolitics@lemmy.ca

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https://open.substack.com/pub/billhulet/p/my-hot-take-on-carneys-housing-policy?r=4ot1q2&showWelcomeOnShare=true

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[–] sbv@sh.itjust.works 5 points 4 days ago (2 children)

CMHC: am I a joke to you?

[–] wise_pancake@lemmy.ca 3 points 3 days ago (1 children)

I don’t mind creating a new crown corp with is own mandate, sometimes splitting or merging orgs can be more chaotic than building a second one.

But I would have assumed the CMHC do this work

[–] sbv@sh.itjust.works 4 points 3 days ago

I don't really care which government body builds new housing, so long as it gets built, but I'm pretty sure affordable housing is CMHC's mandate. 🤷‍♂️

[–] CloudwalkingOwl@lemmy.ca 1 points 3 days ago (1 children)

Huh?

[–] sbv@sh.itjust.works 3 points 3 days ago (1 children)

Canada Mortgage and Housing Corporation (CMHC; French: Société canadienne d'hypothèques et de logement, SCHL) is Canada's federal crown corporation responsible for administering the National Housing Act, with the mandate to improve housing by living conditions in the country.

Originally established after World War II to help returning war veterans find housing, it has since seen its mandate expand to the mandate of improving access to housing overall.

https://en.wikipedia.org/wiki/Canada_Mortgage_and_Housing_Corporation?wprov=sfla1

[–] Sturgist@lemmy.ca 1 points 3 days ago (1 children)

Let me guess, suffered insane cuts under Harper and then never got a boost after?

[–] sbv@sh.itjust.works 1 points 3 days ago

The Wikipedia article doesn't mention that. They administer most (all?) of the hOuSiNg AfFoRdAbIliTy programs announced by the feds over the past 20 years, so I think they're doing fine financially.