Canadian Mortgage and Housing Corporation (CMHC)

noun—proper name

A government-owned corporation that acts as Canada's national housing agency.

CMHC "works to enhance Canada's housing finance options, assist Canadians who cannot afford housing in the private market, improve building standards and housing construction, and provide policymakers with [information and analysis]".

CMHC provides mortgage loan insurance for high-ratio mortgage loans.

The CMHC website can be visited at /www.cmhc-schl.gc.ca/.


Search dictionary: or ask Peter!

Get monthly real estate advice in your inbox, free! privacy policy