Canada Mortgage and Housing Corporation 2004 Special Examination Report

The 2004 Special Examination Report highlights the fact that there were no significant deficiencies in CMHC's systems and practices that the examiners audited. This means that there is reasonable assurance that assets were being safeguarded and controlled, resources managed efficiently and economically, and operations carried out effectively. CMHC recognizes the importance of good governance and management practices as a priority at all levels, from the Board of Directors to all employees. Sound management practices are the foundation for the effective delivery of CMHC's public policy mandate.

 2004 Special Examination Report