Valerie Bradford at the Public Accounts Committee

On May 18th, 2023. See this statement in context.

May 18th, 2023 / 4:45 p.m.

Liberal

Valerie Bradford Liberal Kitchener South—Hespeler, ON

Thank you, Mr. Chair.

I have some questions for CMHC.

The CMHC reported that as of March 31, 2022, over $9 billion had been committed to the six initiatives examined by the OAG and that some $4.5 billion had been spent, representing about 30% and 15% of planned expenditures, respectively.

Why is the actual spending such a small share of the planned spending, and how do you plan to correct that?

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