CMHC Won’t ‘Glorify’ Home Ownership, Wants Price Cuts

CMHC chief executive Evan Siddall in a 2019 podcast complained Canada has “glorified this idea of home ownership” and enriched property holders at the expense of renters. Siddall praised a federal consultant who advocated federal taxes on “unhealthy home values”. Conservative MPs yesterday served notice they will summon Siddall for questioning: “The losers are the people who have won so much already through the increase in house prices, the owners.”

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