Question

What is one of the key roles of the Canada Mortgage and Housing Corporation (CMHC)?

A) Managing national parks
B) Advising the government on housing matters
C) Operating a national airline
D) Regulating the telecommunications industry

Answer 1

One of the key roles of the Canada Mortgage and Housing Corporation (CMHC) is advising the government on housing matters.

Step-by-step explanation:

One of the key roles of the Canada Mortgage and Housing Corporation (CMHC) is advising the government on housing matters. The CMHC plays a critical role in helping to develop and implement housing policies and programs that aim to improve access to affordable housing, promote sustainable housing solutions, and address housing needs across the country.

For example, the CMHC provides data and research on housing markets, offers financial assistance for housing initiatives, and supports the development of affordable housing for vulnerable populations.

Overall, the CMHC's advisory role helps facilitate the government's efforts to promote affordable and sustainable housing options.