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‘Condo King’ Reveals Plan with Carney to Use CMHC for Foreign Rental Investments

Summary by The Deep Dive
A plan to use Canada’s state-owned mortgage insurer to attract foreign investment into rental properties is being developed, according to comments from Vancouver real estate developer Bob Rennie, who says he is working with newly elected Liberal Party leader Mark Carney on the initiative. Rennie, known as Vancouver’s “Condo King,” revealed on a recent episode of ConversationsLive podcast that he is collaborating with Carney on developing a renta…
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‘Condo King’ Reveals Plan with Carney to Use CMHC for Foreign Rental Investments

A plan to use Canada’s state-owned mortgage insurer to attract foreign investment into rental properties is being developed, according to comments from Vancouver real estate developer Bob Rennie, who says he is working with newly elected Liberal Party leader Mark Carney on the initiative. Rennie, known as Vancouver’s “Condo King,” revealed on a recent episode of ConversationsLive podcast that he is collaborating with Carney on developing a renta…

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the deep dive broke the news in on Tuesday, March 11, 2025.
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CMHC

CMHC

Vancouver, British Columbia

Vancouver, British Columbia

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