Former Carney adviser, CMHC head named inaugural chair of Build Canada Homes
The former CMHC chief will steer the new housing agency until at least eight directors are named, as it advances non-market housing projects.
- On Monday, Ottawa appointed Evan Siddall, former Canada Mortgage and Housing Corporation CEO, as the inaugural chair of Build Canada Homes as the agency transitioned to Crown corporation status requiring independent board governance.
- As a former special adviser to Prime Minister Mark Carney at the Bank, Siddall will temporarily exercise board powers unilaterally until the government appoints at least eight directors under transitional provisions of the Build Canada Homes Act.
- During his 2014–2021 tenure leading CMHC, Siddall helped develop more than 30 housing programs, including the National Housing Co-Investment Fund and Rental Construction Financing Initiative. His recent roles span the Alberta Investment Management Corporation and BMO Capital Markets.
- Build Canada Homes has committed to nearly 17,000 units through 17 partnerships, with more than 1,900 homes already under construction. CEO Ana Bail stated Siddall's appointment provides the governance foundations needed to advance the agency's mandate.
- Focused on non-market housing, the agency supports projects through loans and contributions while encouraging innovative construction and Canadian materials. Siddall's extensive policy experience positions him to guide the agency's scaling operations toward its affordable housing objectives.
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41 Articles
Carney taps Evan Siddall, critic of ‘glorified’ homeownership, for housing role
XAuthor: Quinn Patrick Prime Minister Mark Carney has tapped Evan Siddall to be the inaugural chair of Build Canada Homes, someone who has stated that he’s wary of why Canadians have “glorified this idea of homeownership”While serving as the Canada Mortgage and Housing Corporation’s CEO, Siddall also spent $250,000 to study proposals to implement a home equity tax, a levy that would have taken major shares of proceeds when families sell their ho…
The Toronto Star
Former Carney adviser, CMHC head named inaugural chair of Build Canada Homes
OTTAWA - Ottawa is appointing a former investment banker and public servant with links to Prime Minister Mark Carney to steer the board of directors at its affordable housing agency.
Ottawa appoints a former business banker and public servant, close to Prime Minister Mark Carney, to head the board of directors of his affordable housing organization.
Canada Mortgage and Housing Corporation - Canada announces Greater Sudbury as new Local Partner committed to using the Housing Design Catalogue
Far too many Canadians are struggling to find homes they can afford. Solving Canada's housing crisis requires immediate action to bring down costs, cut red tape, and build homes more quickly. The . . .
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