Government of Canada continues to strengthen CMHC Board

Logo: Canada Mortgage and Housing Corporation (CMHC) (CNW Group/Canada Mortgage and Housing Corporation)

Government of Canada (CNW Group/Canada Mortgage and Housing Corporation)

OTTAWA, Dec. 21, 2018 /CNW/ - The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced today that Mr. Gordon J. Laing will join CMHC's Board of Directors, effective December 12, 2018 for a 4-year term.

Mr. Laing is the President and CEO of Southwest Properties Limited in Halifax, Nova Scotia. Southwest Properties is a leading developer of residential and commercial property in Atlantic Canada and the largest, privately-owned developer of multi-family residential properties in the Halifax region.

Selected via an open, transparent and merit-based process, Mr. Laing brings more than 30 years of experience in finance across a variety of industries. He is a Certified Professional Accountant and in 2006, was awarded Fellow of the Society of Management Accountants of Canada.  He is also a five-time winner of the Top 50 CEOs of Atlantic Canada and an inductee to the Hall of Fame (2014). (For full bio see: https://www.cmhc-schl.gc.ca/en/about-cmhc/management-and-governance/board-of-directors-and-its-committees.)

In partnership with communities across the country, CMHC has been instrumental to the design of Canada's first-ever National Housing Strategy, a Government of Canada priority that will benefit hundreds of thousands of Canadian families.

Mr. Laing joins CMHC's Board as delivery of the National Housing Strategy is beginning to take shape. CMHC is playing a vital role implementing and delivering the Strategy. The Strategy is a 10-year, $40-billion plan that will strengthen the middle class, grow the economy and give more Canadians across the country a place to call home.

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry.

Quotes:

"I am pleased to announce the appointment of Mr. Laing to the Board of CMHC. He brings a wide range of skills and knowledge in both finance and residential construction that will be of tremendous benefit as they work to deliver Canada's National Housing Strategy."
Minister Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for CMHC

Quick Facts:

• For more information on the National Housing Strategy visit: www.placetocallhome.ca
• This appointment was made under the Government of Canada's new approach to Governor in Council appointments. This approach supports open, transparent and merit-based selection processes that strive for gender parity and reflect Canada's diversity, to support Ministers in making appointment recommendations for positions within their portfolio by providing them with information and referrals.

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SOURCE Canada Mortgage and Housing Corporation

Karl Sasseville, Office of the Minister Families, Children and Social Development, 613 404-2941, [email protected]; Audrey-Anne Coulombe, CMHC Media Relations, Tel.:[phone], [email protected]

Related Links

www.cmhc-schl.gc.ca