Ms. Romy Bowers at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On October 30th, 2023. See this statement in context.

October 30th, 2023 / 11:40 a.m.

President and Chief Executive Officer, Canada Mortgage and Housing Corporation

CMHC bonuses, or incentive pay, are based on the individual performance targets of various employees.

CMHC runs a commercial business that generates close to $2 billion in income for the federal government annually. We manage a balance sheet of close to $30 billion. I employ a large number of professionals who—

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