Special examination report to CMHC board 2018

CMHC is subject to a special examination by its external auditors at least once every 10 years, as required by section 138 of the Financial Administration Act. The audit objective was to determine that the systems and practices selected for examination were providing the Corporation with reasonable assurance that:

• its assets were safeguarded and controlled
• its resources were managed economically and efficiently
• its operations were carried out effectively