The CMHC's surplus already belongs to the Government of Canada. Each time the CMHC earns one dollar, the government, in its books, can write up one dollar in revenue. Therefore, that consideration is not taken into account.
Vice-President, Insurance Product and Business Development, Canada Mortgage and Housing Corporation
The CMHC's surplus already belongs to the Government of Canada. Each time the CMHC earns one dollar, the government, in its books, can write up one dollar in revenue. Therefore, that consideration is not taken into account.
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