Breaking News: CMHC CEO appointment - Best Mortgage Broker Rates

Breaking News: CMHC CEO appointment

-

The minister responsible for Canada Mortgage and Housing Corporation (CMHC), Jason Kenney, announced today that Evan Siddall has been appointed president and chief executive officer of CMHC for a five-year term effective January 1.

“Mr. Siddall brings to the position extensive leadership and senior management experience,” Kenney said. “His proven financial and capital markets expertise will be of tremendous value to CMHC.”

Siddall, who has a bachelor of arts in economics and a law degree from Osgoode Hall, has worked in various financial services and management positions throughout his career, including stints with BMO Nesbitt-Burns, Goldman Sachs and Irving Oil.

He takes over for Douglas Steward, who has acted as interim president for CMHC since June 2013.

“I am honoured to be joining CMHC, Canada’s national housing agency, as its president and CEO,” said Siddall said. “I look forward to working with its dedicated staff, clients and stakeholders to ensure that Canadians continue to benefit from CMHC’s key role in providing affordable and accessible housing, as well as in promoting a strong financial system.”

Share This Story, Choose Your Platform!

Paul Meredith is the author of the Amazon #1 best selling book, Beat the Bank – How to Win The Mortgage Game in Canada, and has ranked as one of the top 75 mortgage brokers in Canada since 2016. He was a finalist for Mortgage Broker of the Year in 2018 - 2021, 2023, and can be seen as the exclusive mortgage broker on season 2, 5-7 of TV’s Top Million Dollar Agent.(Global, Slice TV and Rogers)