Government of Canada continues to strengthen CMHC Board

Dated: December 22 2018

Views: 21

Government of Canada continues to strengthen CMHC Board

OTTAWADec. 21, 2018 /CNW/ - The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced today that Mr. Gordon J. Laing will join CMHC's Board of Directors, effective December 12, 2018 for a 4-year term.

Mr. Laing is the President and CEO of Southwest Properties Limited in Halifax, Nova Scotia. Southwest Properties is a leading developer of residential and commercial property in Atlantic Canada and the largest, privately-owned developer of multi-family residential properties in the Halifax region.

Selected via an open, transparent and merit-based process, Mr. Laing brings more than 30 years of experience in finance across a variety of industries. He is a Certified Professional Accountant and in 2006, was awarded Fellow of the Society of Management Accountants of Canada.  He is also a five-time winner of the Top 50 CEOs of Atlantic Canada and an inductee to the Hall of Fame (2014). (For full bio see: https://www.cmhc-schl.gc.ca/en/about-cmhc/management-and-governance/board-of-directors-and-its-committees.)

In partnership with communities across the country, CMHC has been instrumental to the design of Canada's first-ever National Housing Strategy, a Government of Canada priority that will benefit hundreds of thousands of Canadian families. 

Mr. Laing joins CMHC's Board as delivery of the National Housing Strategy is beginning to take shape. CMHC is playing a vital role implementing and delivering the Strategy. The Strategy is a 10-year, $40-billion plan that will strengthen the middle class, grow the economy and give more Canadians across the country a place to call home.

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry.

Quotes:

"I am pleased to announce the appointment of Mr. Laing to the Board of CMHC. He brings a wide range of skills and knowledge in both finance and residential construction that will be of tremendous benefit as they work to deliver Canada'sNational Housing Strategy." 
Minister Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for CMHC

Quick Facts:

  • For more information on the National Housing Strategy visit: www.placetocallhome.ca
  • This appointment was made under the Government of Canada's new approach to Governor in Council appointments. This approach supports open, transparent and merit-based selection processes that strive for gender parity and reflect Canada's diversity, to support Ministers in making appointment recommendations for positions within their portfolio by providing them with information and referrals.
Blog author image

Steven Axford

Steve Axford grew up in Victoria, BC and has always been active in his community. Steve is a Victoria Cougars Hockey Team alumni as well as a Victoria Shamrocks (intermediate) alumni. During his time....

Latest Blog Posts

OSFI proposes tighter mortgage rules amid 'very strong forces'

Canada’s top banking watchdog is taking another shot at overhauling its stress test on residential mortgages in a move that would make it harder for some borrowers to qualify.The Office of the

Read More

New Uninsured Mortgage Stress Test Starts June 1

Here’s the latest on what we know about the banking regulator’s new mortgage stress test proposal…12:10 p.m. ET UpdateOSFI has proposed a tougher minimum qualifying rate

Read More

What's a Sellers’ Market!?

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the

Read More

Here’s how to keep your rental house in good order

Positive, honest, open communication is key to any successful relationship. It’s also paramount to maintaining that relationship over time - be it with a spouse, friend, or even a tenant.Yes,

Read More