Things seem to be changing over at the CMHC.
The Financial Post says some upper management have been leaving or plan to leave.
First they brought in Robert P. Kelley as the new chairman, now they’ve confirmed the VP of insurance underwriting has left with no reason given.
Chief Executive Karen Kinsley has also announced plans to leave.
Why are all these changes happening now?
Speculation has been rife that agency could be set for more dramatic changes since it is now under the auspices of the Office of the Superintendent of Financial Institutions. Jim Flaherty, the finance minister, has also discussed privatizing parts of the agency.
Good luck with the privatizing Jim.