With regard to the process for bonuses for executives at the Canada Mortgage and Housing Company (CMHC): (a) what is the specific process for determining whether and at what level a bonus is awarded to (i) the president and chief executive officer, (ii) other executives at CMHC; (b) which executives, including the president, require that their bonuses be approved by the Minister of Housing, Infrastructure and Communities; (c) what specific metrics were used to determine the level of the president of CMHC’s bonus in each of the last three years; (d) for each metric in (c), what specific accomplishments were made by the president in order to justify each bonus; (e) what metrics were used to determine the bonus levels of other CMHC executives in each of the last three years; and (f) what specific accomplishments were made by CMHC executives to justify each bonus?
In the House of Commons on December 5th, 2023. See this statement in context.