The Financial Post reports in its Saturday, Sept. 13, edition that the head of Canada Mortgage and Housing Corp. says the Crown corporation would welcome banks taking on more risk when it comes to financing residential construction. Coleen Volk, who was named chief executive officer of CMHC 15 months ago, told the Canadian Apartment Investment Conference in Toronto last week, "We would love to see the banks taking more risks." Ms. Volk was participating in a one-on-one question-and-answer session with Ana Bailao, head of affordable housing and public affairs at Dream Unlimited, and the runner-up in the 2023 Toronto mayoralty election. CMHC said this month that housing starts in the first half of 2025 were lower than in 2024. Toronto housing starts are on pace for their lowest level in 30 years. "We are going all out on the housing program side of the business," said Ms. Volk, pointing out that the government sets the rules for most of its loan programs outside of mortgage insurance offerings. Ms. Volk said CMHC can take "more responsible risk" during a time she called a housing crisis. She added that there is a "false distinction" between affordable housing and market housing because so much housing is mixed.