Evidence of meeting #56 for Human Resources, Skills and Social Development and the Status of Persons with Disabilities in the 44th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was cmhc.

A recording is available from Parliament.

On the agenda

MPs speaking

Also speaking

Paul Mason  Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation
Simon Lahoud  Director, Financing Solutions, Canada Mortgage and Housing Corporation
Benjamin Williams  Director, Indigenous and the North Housing Solutions, Canada Mortgage and Housing Corporation

February 17th, 2023 / 9:35 a.m.

Director, Financing Solutions, Canada Mortgage and Housing Corporation

Simon Lahoud

The numbers that my colleague here had cited earlier are not spoken for. There is roughly $2.5 billion in low-cost loans still available, as well as about $150 million of contributions not yet spoken for.

9:35 a.m.

NDP

Jenny Kwan NDP Vancouver East, BC

Thank you.

So for the information on one of the projects that is pretty much shovel ready, when we're told that it has been depleted, it is wrong information—all right. That's good to know.

The PBO issued a report yesterday to say that the government is not accounting for inflation with its programs. Does CMHC anticipate that projects will not become viable with the $25,000 per unit cap?

9:35 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

We are still receiving applications with the $25,000 cap that are viable, so we are still processing applications even with that cap. Again, the intent of the cap is intended to—

9:35 a.m.

NDP

Jenny Kwan NDP Vancouver East, BC

Thank you.

How many of the projects have withdrawn? Have any proponents or applicants withdrawn their application with the $25,000 cap?

9:35 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

We'll get back to you with that information.

9:35 a.m.

NDP

Jenny Kwan NDP Vancouver East, BC

If we could get a breakdown with that information—if they have withdrawn, where they are and the units that are being proposed—that would be helpful.

I'd like to turn to the federal lands initiative. In 2021-22, $50 million was committed to that initiative, but only $5.5 million has been disbursed. That's 11%.

On the government's website, which I checked yesterday, it says there are no lands available. This is specifically dedicated to indigenous community projects.

Why is there such a slow rollout of this? Why does the website say that there's no land available?

9:35 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

There are two parts to that question. The federal lands initiative is a $200-million program over 10 years, and we've committed approximately half of that money to date. We work with other federal departments and Canada Lands to look for viable federal lands that can be made available for this program. As they become available, we post them on our website and housing providers can apply for those particular projects.

As plans are made available, we post them, and then they're offered for competition.

9:35 a.m.

Liberal

The Chair Liberal Bobby Morrissey

Ms. Kwan, your time is up.

9:35 a.m.

NDP

Jenny Kwan NDP Vancouver East, BC

I'm sorry, Mr. Chair. Can I ask if we can get the list of a breakdown of the projects?

9:35 a.m.

Liberal

The Chair Liberal Bobby Morrissey

Could you provide the list, Mr. Mason?

9:35 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

Excuse me. For clarification, Mr. Chair, it's the list of....

9:35 a.m.

NDP

Jenny Kwan NDP Vancouver East, BC

Federal lands initiative projects, where they are and the breakdown.

9:35 a.m.

Liberal

The Chair Liberal Bobby Morrissey

Thank you, Ms. Kwan and Mr. Mason.

Madame Falk, you have five minutes, please.

9:35 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

Thank you, Chair.

A document entitled “Annex C” that was provided to our committee following CMHC's appearance on December 5 indicates that a total of 627 applications were started for various program streams, but not completed.

Does CMHC track why these applications were not completed?

9:35 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

As applications come in, we assess and seek feedback from our clients, especially when those drop off. When we talk about surveying our clients, we also survey those who are unsuccessful in our applications.

9:40 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

How many of those applications were not completed because the process was overly cumbersome?

9:40 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

I don't have that exact breakdown. What I can tell you is that projects and applications are abandoned for a whole host of reasons. It could be changing circumstances on behalf of the proponent. It could be difficulty—

9:40 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

Are you able to table that information with this committee?

9:40 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

We can certainly table the list of applications that were withdrawn. We don't always know the reason they're withdrawn. We will endeavour to provide as much of that information as we can.

9:40 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

Not knowing the reason...is that because those applying don't reveal that, or CMHC doesn't ask them?

9:40 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

It could be that the proponent does not let us know the specifics of the application and why it's been withdrawn.

9:40 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

Okay.

Has CMHC identified parts of the application process that can be streamlined or simplified?

9:40 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

Yes, there are a number of areas in the application process that we have streamlined, and we have done this consistently over the last several years, to remove elements that are either cumbersome or too complicated for proponents. We've done that a number of times over the last several years, and we constantly look at our processes and ensure that they're robust, but that they're not unnecessary steps.

9:40 a.m.

Conservative

Rosemarie Falk Conservative Battlefords—Lloydminster, SK

The national housing co-investment fund has the highest number of applications that were withdrawn. What reason is there for a higher number of withdrawn applications for this specific program?

9:40 a.m.

Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation

Paul Mason

I'd like to ask my colleague Mr. Lahoud to answer this question.