Question

Which organization serves as the government mortgage insurance provider in Canada with a mandate to improve housing conditions?

A) Canada Guaranty
B) Royal Bank of Canada (RBC)
C) Genworth Financial Canada
D) Canada Mortgage and Housing Corporation (CMHC)

Answer 1

The Canada Mortgage and Housing Corporation (CMHC) serves as the government mortgage insurance provider in Canada to improve housing conditions.

Step-by-step explanation:

The organization that serves as the government mortgage insurance provider in Canada with a mandate to improve housing conditions is the Canada Mortgage and Housing Corporation (CMHC). CMHC is a Crown corporation that provides mortgage loan insurance and assists in housing research and policy development. It helps to make housing more accessible and affordable for Canadians.