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CMHC Bonuses While Canadians Struggle | Toronto News
Canada’s housing agency CMHC handed out over $31 million in employee bonuses last year—while nearly half of Canadians spend more than half their income on housing. This follows a similar $48 million payout in 2022, with no real action taken despite promises from the housing minister. Seventy-nine executives alone pocketed $3.5 million, with the rest going to regular staff. Critics are furious: how can an agency meant to solve affordability issues prioritize lavish bonuses when millions struggle to pay rent? The disconnect is glaring—and it’s leaving many Canadians feeling the squeeze. Listen…
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