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Q&A on the AIR for Auditors
Q&A on Underfunded Reserves
How We Do Our Work
The Agency has a different way of administering co-operative housing programs. Our approach is risk-based, data-driven and client-focused.
Our risk-rating model
Co-operatives operating under federal housing programs have financed their properties through loans held or insured by Canada Mortgage
Protect Your Assets
Your co-op has three main assets, although only one appears on the audited financial statements.
Your money and buildings
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
Audit Fees on the Rise for Housing Co-ops
In recent years, with sustained high inflation affecting many goods and services, we looked at the audit fee data reported by housing co-ops in our portfolio.
Our analysis shows that audit fees are on the rise. Specifically, from 2022 to 2025, the average annual increase for housing co-op audit
Looking at the Data behind Canada’s Rental Market Report in 2024
In late January, CMHC released the Fall 2024 Rental Market Report, which has data about rental markets in different Canadian cities.
Across Canada, the vacancy rate for purpose-built rentals sits at 2.2 per cent (up from 1.5 per cent in 2023), while the average rent for a two-bedroom apartment
2025 Utility Allowances for British Columbia
2025 Utility Allowances for Ontario
2025 Utility Allowances for Alberta
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.