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Human Resources committee  Mr. Chair, I appreciate comments like this. CMHC has made significant improvements in the delivery of the national housing strategy. We are meeting the targets we have committed to. The rapid housing initiative is an example of CMHC's getting money out the door very quickly to he

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  The national housing strategy is comprised of a number of initiatives that provide housing across the housing continuum. We have programs that provide close to market housing, but most of our programs are intended to support Canadians in need. We provide and track the housing uni

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  I don't agree that the national housing strategy is market-focused. It depends on the program. Most of our funding is going to those in need, and I think it's mostly the rental construction financing initiative, which is 100% loan-based programs, that provides close to market hou

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  The rapid housing initiative is our most generous funding program. There were many more applications than there was funding available. I don't have the specific units, as you mentioned. For example, in the first round of the initiative, there was $1 billion of funding available,

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  Yes, absolutely.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  Yes, our criteria are very transparent, and the scoring criteria are provided publicly.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  The question is what is the bonus pool for 2021-22?

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  That determination has not been made. We're at the end of the year, and we're just going through the end-of-year performance evaluations for employees.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  That's a rough estimate, yes.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  That's correct.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  CMHC works very closely with Statistics Canada, specifically on those race-based housing statistics. You're absolutely right that there are very different housing outcomes depending on race. For example, on home ownership there's a 30% differential between the home ownership rate

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  Mr. Chair, with respect to the Auditor General's report on homelessness, CMHC has accepted the recommendations and findings of that report. We are working very hard to address them. We understand and appreciate the very great need that is being experienced by Canadians who are at

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  We collect this information, and we will provide this information as the housing units are built and as the units are occupied by the residents.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  I believe Ms. Kwan made a data request about very specific information that was being requested by Madame Chabot, and we will provide that as requested.

December 5th, 2022Committee meeting

Romy Bowers

Human Resources committee  Mr. Chair, I appreciate feedback like this. We have housing representatives spread across Canada. I will take this particular project away, and I'll try to get back to you as soon as I can.

December 5th, 2022Committee meeting

Romy Bowers