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CMHC Bonuses vs Housing Crisis | Edmonton News

CMHC Bonuses vs Housing Crisis | Edmonton News

Published 1 month, 3 weeks ago
Description

CMHC handed out $31 million in bonuses last year—$3.5 million to 79 execs averaging $45K each, and $28 million to the rest of staff averaging $12K—raising eyebrows as Canadians struggle with housing affordability. Critics call it ironic and self-serving, especially since executive pay has risen while housing supply remains a crisis. Taxpayers are questioning whether these taxpayer-funded bonuses align with the agency’s mission.

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