Rallying together for housing: CMHC 2023 Annual Report [Yahoo! Finance]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Yahoo! Finance
a challenging year for housing, CMHC continues to be a company Canadians can count on as we continue to rally with our partners to resolve housing challenges. In 2023, we saw an unprecedented demand for our multi-unit mortgage loan insurance, and we stepped up to meet this demand. We also delivered expanded funding for purpose-built rentals through Canada Mortgage Bonds, guaranteeing an additional $5 billion after the Government of Canada raised the annual limit for Canada Mortgage Bonds from $40 billion to up to $60 billion . This will help get more rental apartments built, which may further increase the growth in our multi-unit volumes helping to boost supply, improve vacancy rates and ultimately make renting more affordable for Canadians. We continued to deliver on federal government priorities for Canadians under the National Housing Strategy (NHS), exceeding targets despite very challenging economic conditions. For example,153,708 new, repaired or assisted units are affordabl
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CBT
Earnings
- 5/6/24 - Beat
CBT
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 144
- CBT's page on the SEC website