Program directory · Canada Mortgage and Housing Corporation
Financing for housing
- Department
- Canada Mortgage and Housing Corporation
- Program code
- BGK00 (CMHC)
- In Departmental Plans
- Not in a Departmental Plan · actual spending 2018-19 – 2024-25
What it does
Canada Mortgage and Housing Corporation makes financing available for housing-related initiatives, including lending activities to encourage new supply of affordable housing, support repair and renewal of existing rental housing, and promote mixed-income affordable rental housing for low- and moderate-income households. Other financing initiatives include those that may be mandated by the Government of Canada to provide support for municipal housing-related infrastructure or for the housing finance sector in Canada to facilitate access to credit.
Source: the department's Program Inventory, via GC InfoBase.
History and lineage
First appears in GC InfoBase's actual spending by program in 2018-19. The data does not record when a program was created; it may be older than its first appearance here, which is limited by the sources (program spending starts in 2010-11, Departmental Plans in 2018-19).
| Program | Relation | Years with data | Actual spending over those years |
|---|---|---|---|
| Financing for housing | This program | 2018-19 – 2024-25 | $6.8B |
No earlier or later program in the same department has a similar name.
Significant changes in scope and budget
Detected from the data: renames between plans, programs it appears to replace, merge with or split into (matched by name), year-over-year changes in spending of at least 25% and $5M, or in employees of at least 20% and 25 FTEs, linked budget measures, and results indicators added or dropped.
| Year | What changed | Source |
|---|---|---|
| 2019-20 | Spending $215M, against $37.5M in 2018-19 (+473%). | Actual spending (GC InfoBase) |
| 2020-21 | Spending $2.51B, against $215M in 2019-20 (+1070%). | Actual spending (GC InfoBase) |
| 2021-22 | Spending $423M, against $2.51B in 2020-21 (−83%). | Actual spending (GC InfoBase) |
| 2022-23 | Spending $898M, against $423M in 2021-22 (+112%). | Actual spending (GC InfoBase) |
| 2023-24 | Spending $1.35B, against $898M in 2022-23 (+51%). | Actual spending (GC InfoBase) |
Success criteria
Neither this program nor its core responsibility has results indicators in GC InfoBase (internal services, for example, have none).
Spending and employees: planned against actual
Spending
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | — | $37.5M |
| 2019-20 | — | $215M |
| 2020-21 | — | $2.51B |
| 2021-22 | — | $423M |
| 2022-23 | — | $898M |
| 2023-24 | — | $1.35B |
| 2024-25 | — | $1.36B |
Employees (FTEs)
Planned spending, plan by plan
Each row is one year's Departmental Plan and its forecast for the next three fiscal years; read a column down to see how the forecast for one year changed. The last row is what was actually spent. Click an amount for its source. Biggest changes in federal spending plans
| Plan |
|---|
| Actual |
Actual spending is from Departmental Results Reports and the Public Accounts, as published in GC InfoBase. FTEs are full-time equivalents.
