The Liberals try to restructure the Canadian Mortgage Housing Corp. to concentrate more on social housing, in order to provide more affordable houses to the millions of Canadians.

The CMHC recently announced seven new members to their board of directors. This was done to try and bring the corporation to the social housing business which they have been away from for decades.

Also, there is a new chairman of the board who was once head of Toronto’s social housing agency, another two appointments from the world of co-operative financial institutions. Finally, one will be the current chancellor of Simon Fraser University.