Canada Names New CMHC President, Board Chair and Members

Infrastructure Canada

Today, the Honourable Sean Fraser, Minister of Housing, Infrastructure, and Communities, announced the appointment of Coleen Volk as President and Chief Executive Officer (CEO) of Canada Mortgage and Housing Corporation (CMHC), as well as the appointment of Don Iveson as Chair of the Board of Directors.

In addition to the appointment of Ms. Volk and Mr. Iveson, Minister Fraser is also pleased to announce a number of appointments to the Board of Directors for CMHC, including: Laurie LeBlanc, Ray Williams, Darlene Hyde, Heather Tremain, and Nick Macrae.

Minister Fraser also took the opportunity to thank all of the outgoing members of the Board; Navjeet "Bob" Dhillon, Linda Morris, and former Chair of the Board of Directors Derek Ballantyne for their contributions and support to both CMHC and the Government of Canada's housing priorities.

Coleen Volk takes the helm of CMHC with decades of executive experience in the private sector and the federal and provincial public services. Her appointment as President and CEO marks a return to CMHC where she spent nine years in various leadership roles.

Don Iveson, founder of Civic Good, joins the CMHC Board of Directors as Chair with extensive experience as a strategic advisor on climate, housing, and civic innovation issues. Mr. Iveson served as Edmonton's 35th Mayor from 2013 to 2021 and has recently served as the Co-Chair for the Task Force for Housing and Climate.

The new appointees to the CMHC Board of Directors bring a breadth of experience from across the housing sector including with private, public, and not-for-profit organisations and associations, regulatory agencies, as well as real estate and financial institutions, and credit unions. Collectively, these new Directors, along with the new Chair and the new President and CEO, will position CMHC to better address current and future challenges.

Ms. Volk, Mr. Iveson and the new Board of directors were all appointed in accordance with the Government of Canada's open, transparent and merit-based selection process.

The Government of Canada, together with their partners, is investing in housing infrastructure to build resilient, inclusive communities, and affordable housing options that meet the needs of Canadians, and to solve Canada's housing crisis. CMHC will continue to be a critical partner to deliver on Canada's Housing Plan to make housing more attainable and affordable - because everyone deserves a place to call home.

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