Rita Virk Appointed to Canada Mortgage and Housing Corporation Board of Directors

New Appointment to CMHC Board

On February 11, 2026, Minister Gregor Robertson, the Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, officially announced the appointment of Rita Virk to the Board of Directors of the Canada Mortgage and Housing Corporation (CMHC). This strategic appointment is part of the Government of Canada's ongoing efforts to strengthen leadership and governance within the federal housing agency.

Rita Virk's Extensive Expertise

Ms. Virk is a highly accomplished Chartered Professional Accountant (CPA, CA), bringing a wealth of experience in finance, risk management, and governance. Her career spans both public and private sectors, where she has held senior leadership and board positions.

Her expertise includes:

• Financial oversight
• Internal audit
• System modernization
• Environmental, Social, and Governance (ESG) strategy development

Minister Robertson highlighted Ms. Virk's qualifications, stating, 'Rita Virk brings valuable experience in finance, risk management, and governance. Her depth of expertise and strategic insight will be a strong asset to CMHC's Board of Directors as it advances its mandate and supports the federal government's efforts to strengthen Canada's housing system.'

Ms. Virk's past board service includes roles with Prospera Credit Union, Westminster Savings, the British Columbia Real Estate Association, Fraser Health, and the BC Children's Hospital Foundation. She currently serves on the Departmental Audit Committee for Innovation, Science and Economic Development Canada and holds a Master of Professional Accounting degree and the ICD.D designation from the Institute of Corporate Directors.

CMHC's Mandate in Canada's Housing System

The Canada Mortgage and Housing Corporation (CMHC) is a federal Crown corporation with a critical role in Canada's housing finance system. Its mandate is to:

• Promote housing affordability and choice
• Facilitate access to, and competition and efficiency in the provision of, housing finance
• Protect the availability of adequate funding for housing at low cost
• Generally contribute to the well-being of the housing sector in the national economy

CMHC plays a central role in shaping housing solutions in collaboration with industry partners and all levels of government, particularly as the Government of Canada continues its broader efforts to address the national housing crisis. The corporation also provides mortgage liquidity, assists in affordable housing development, and offers advice to the Government of Canada and the housing industry.

Commitment to Strong Leadership

Ms. Virk's appointment, which followed an open, competency-based selection process, underscores the Government of Canada's commitment to strong leadership and good governance at CMHC. Her contributions are expected to be instrumental as CMHC continues its vital work in ensuring the stability and sustainability of Canada's housing sector.