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The Canada Mortgage and Housing Corporation ( CMHC ) complex in Ottawa on Thursday Oct. 9, 2008.
The Canada Mortgage and Housing Corporation ( CMHC ) complex in Ottawa on Thursday Oct. 9, 2008.
(Sean Kilpatrick/Globe and Mail)

While Canada Post threatens balanced budget, CMHC is a huge help

As the government frets that Canada Post's troubles will get in the way of balancing the federal budget, Canada Mortgage & Housing Corp. is quietly buoying the federal bottom line. That is bound to create a tension between any desire to slow the agency's growth and plans to end the government deficit.