Coleen Volk named head of Canada Mortgage and Housing Corp.

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 77%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

The federal government has named Coleen Volk as president and CEO of Canada Mortgage and Housing Corp. and Don Iveson as chair of the board of directors.

Infrastructure Canada's appointments, along with several others to the board, come as the country struggles through a housing crisis that has strained household budgets and become a key issue for the government.

Volk has a range of professional experience including deputy minister roles in the Alberta government, assistant deputy minister roles at the federal level, work at CIBC in corporate treasury, and nine years at CMHC including as assistant vice-president of finance. Iveson served as mayor of Edmonton from 2013 to 2021, where the federal government notes he oversaw the"development and execution of Edmonton’s pro-density housing supply and regulatory reforms."

The appointment of Volk comes after previous CEO Romy Bowers stepped down at the end of 2023, halfway through her five-year term. Housing Minister Sean Fraser says in a statement that he looks forward to working closely with Volk and the CMHC board on Canada's housing priorities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coleen Volk named head of Canada Mortgage and Housing Corp.The federal government has named Coleen Volk as president and CEO of Canada Mortgage and Housing Corp. and Don Iveson as chair of the board of directors.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Coleen Volk named head of Canada Mortgage and Housing Corp.The federal government has named Coleen Volk as president and CEO of Canada Mortgage and Housing Corp. and Don Iveson as chair of the board of directors.
Source: PGCitizen - 🏆 65. / 51 Read more »

Missed mortgage, credit payments in Canada hit pre-COVID highs: ReportMore than 34,000 Canadians missed a mortgage payment in Q1, nearly 23% more than in Q1 2023, according to Equifax Canada.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Interest rates in Canada: Mortgage renewal forces Ontario man to sellAn Ontario man says he’s still considering selling his house, despite this week’s interest rate cut, with his mortgage payments set to leap over $2,000 next month.
Source: CP24 - 🏆 30. / 67 Read more »

Fix or float is the big mortgage question as Bank of Canada rate cuts approachMortgage strategist Robert McLister looks at whether rolling the dice is worth the thrill
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Canada's Mortgage Delinquency Rates Trending UpErin Nicole Davis is a born and raised Toronto writer with a passion for the city and its urban affairs and culture.
Source: storeyspub - 🏆 16. / 74 Read more »