The Agency is currently working on refreshing our four key reports for co-ops: the Risk Report, Compliance Report, Plain-Language Financials, and the newly renamed Performance Report (previously known as the Co-op Data Report). Our goal was to make each report more accessible and engaging. We have
The sun is setting on your co-op’s CMHC operating agreement. Did you know that, soon after, your co‑op will no longer receive the Agency’s reports on your co-op’s health? Many Agency clients rely on our suite of reports—the Risk Report, Plain-Language Financials and Performance—to make informed
Canada Mortgage and Housing Corporation (CMHC) has been working closely with key housing associations over the summer to finalize details for Phase 2 of the Federal Community Housing Initiative (FCHI). This new rental assistance program for community housing providers reaching the end of their
Over the past 15 years, the Agency has worked with a number of co-operatives facing serious and complex financial challenges. Effective solutions can be difficult to achieve. They demand flexibility and an enormous commitment to positive change from everyone involved. At the Agency, nothing makes us
The Agency has developed a new information source that can guide your co-op as you navigate to the end of your CMHC agreement. The web page we’ve called Your Expiring Operating Agreement will help you chart the best course as your co-op embarks on its new chapter. Serving as an information hub, the
As the pandemic moved into high gear in Canada, businesses were closing and employees were sent home; a new normal was taking hold. It quickly became clear to the staff and members of the Abiwin Co-operative that they should support each other during this difficult time.
Abiwin is home to members
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.