Canada Mortgage and Housing Corporation, a Canadian government agency providing homebuyer assistance and insurance to lenders in case of defaults.
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Clark Material Handling Company, a manufacturer of forklift trucks in Lexington, Kentucky, USA
Subsequently, Minister of Finance Jim Flaherty stated that he would like to see CMHC privatized in the next five to 10 years, arguing CMHC has greatly exceeded its original mandate to provide housing to veterans of the Second World War and that taxpayer exposure to the housing market should be reduced.
To date, four major investigative initiatives on the Leaky Condo Crisis have been undertaken: two by the Canada Mortgage and Housing Corporation (CMHC); and two by former B.C. provincial premier Dave Barrett, who was appointed by the Province of B.C. to conduct two separate inquiries.