Canadian Housing and Mortgage Corporation (CMHC) Definition: CMHC, or the Canadian Housing and Mortgage Corporation, is a crown corporation that was established in the mid-1900s by the Government of Canada.
The primary focus or goal of the organization is the provide access to affordable housing while providing research on housing and related information, including the development of affordable and sustainable housing in Canada. CMHC also aims to provide mortgage liquidity for the purchase of developing housing solutions.
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