Canadian Mortgage and Housing Corporation (CMHC)

The Canadian Mortgage and Housing Corporation (CMHC) is a government agency that supports Canada's housing market. It provides mortgage insurance to lenders, enabling more people to buy homes with smaller down payments. CMHC also offers research, data, and programs to promote affordable, sustainable, and accessible housing across the country. Its goal is to ensure a stable housing market that benefits Canadians, by reducing risks for lenders and helping more people achieve homeownership.