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Population 30 Million Urban 77% Rural 23% Own 64% Rent 36% Singles 80% Multi’s 20% Average New Price $130,000 U.S. Average Used Price $115,000 U.S. Canada Overview. One of world’s strictest Building Codes Leader in new housing research and technology
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Population 30 Million Urban 77% Rural 23% Own 64% Rent 36% Singles 80% Multi’s 20% Average New Price $130,000 U.S. Average Used Price $115,000 U.S. Canada Overview
One of world’s strictest Building Codes Leader in new housing research and technology Advanced education and trades training High Quality Housing
Energy Efficient Environmentally Friendly Flexible Designs Light Weight Walls Faster Erection Earthquake Resistant Canadian Housing Features
Well insulated building envelopes Hi Performance windows Advanced heating and cooling systems Energy Savings Features
Created in 1947 100% owned by Canadian Government 1800 employees Generates Profit for Canadian Government Canada Mortgage and Housing Corporation (cmhc)
Mortgage Insurance $150 Billion U.S. in outstanding insurance Assisted Housing $1.5 Billion U.S. in annual expenditures Research Improved quality, affordability International CMHC’s Four Business Lines
Finance Mortgage Insurance Feasibility Study Building Codes Canadian Contributions to China’s wood frame and light steel frame codes Training Canadian apprenticeship/trades training models Trade Exchanges To Benefit China and Canada CMHC – Ministry of Construction Joint Cooperation Since 1999
CMHC CONTACTS Jim Miller Director CMHC International Tel: 403-515-2947 E-mail: jmiller@cmhc-schl.gc.ca Murray Rasmusson Director China Tel: 403-515-2955 E-mail: mrasmuss@cmhc-schl.gc.ca Jorge Malisani Senior Trade Consultant Tel: 416-218-3345 E-mail: jmalisan@cmhc-schl.gc.ca Nellie Cheng Senior Trade Consultant Tel: 604-737-4128 E-mail: ncheng@cmhc-schl.gc.ca