Canada Housing Trust Sucks Customer Reviews and Feedback

From Everything.Sucks

Canada Housing Trust Sucks. Canada Mortgage and Housing Corporation (CMHC) a Crown Corporation of the Government of Canada. Its superseding agency was established after World War II, to help to return war veterans find housing. It has since expanded its mandate to assist housing for all Canadians. The organization's primary goals are to provide mortgage liquidity, assist in affordable housing development, and provide unbiased research and advice to the Canadian government, and the housing industry.

A current analyst from Ottawa wrote some comments for a review posted by INDEED about working for Canada Housing Trust: "Significant changes to the organization since 2014, not necessarily for the benefit of all employees, but definitely for the benefit to managers and senior staff. No tangible results or improvements to note for the average worker, some examples are: - CMHC in Motion resulted in the loss of approximately 350 employees - Reduction in pension plan benefits effective Jan 1, 2018, resulted in a significant loss of corporate knowledge as a number of long term employees retired or resigned. - Career Framework recently introduced and promoted as beneficial to employees and their individual career path, turned out to be a euphemism as a means for significantly cutting salaries for all but those classified as management."

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