The Canadian Mortgage and Housing Corporation CEO plans to remain in place for the length of his term, which finishes at the end of the year. Siddall made the announcement via a video message to his staff, a source told The Logic. A CMHC spokesperson confirmed that Siddall won’t seek another term. (The Logic)
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The Canadian Mortgage and Housing Corporation CEO plans to remain in place for the length of his term, which finishes at the end of the year. Siddall made the announcement via a video message to his staff, a source told The Logic. A CMHC spokesperson confirmed that Siddall won’t seek another term. (The Logic)
Talking point: Siddall, who has been at the CMHC since 2014, was widely seen as a serious candidate to lead the Canada Infrastructure Bank. A friend of Finance Minister Bill Morneau, he was often consulted by the government on non-housing-related matters, including the 2018 purchase of the Trans Mountain pipeline. Siddall’s name was also mentioned as the potential next Bank of Canada governor, which ultimately went to Tiff Macklem. In his video address, Siddall said he had expected another government appointment that didn’t materialize, according to the source.
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