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The SHDM presents its 2012 annual report

April 16 2013

The SHDM presents its 2012 annual report

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To continue our efforts with respect to sustainable development and saving paper, the 2012 Annual Report of the SHDM is presented exclusively in an electronic format and is made available to the public at www.shdm.org/en/about/official-publications/. It can be viewed online or downloaded at your convenience. For easier reading, the document has been configured for dynamic consultation, so it is easy to navigate from one section to another by clicking on the menus shown in the table of contents, in section headers or at the bottom of the pages.

The publication of our financial statements gives us the opportunity to review the past year and assess whether objectives have been achieved. It also allows us to draw lessons for the future, which will be all the more valuable as the SHDM is preparing its 2014-2016 strategic plan.

The SHDM’s achievements in 2012 once again demonstrate its ability to fulfill its mission by centering its activities on four major objectives:

  • Maintain a supply of affordable and quality rental housing, in a context where the SHDM must continue to directly subsidize its less affluent tenants despite the fact that many buildings are no longer eligible for the financial contribution of the Canadian Mortgage and Housing Corporation (CMHC), and despite the fact that significant investments are needed to maintain and upgrade its rental housing stock.
  • Facilitate home ownership and contribute to the revitalization of neighbourhoods in Montréal, by developing innovative solutions to encourage families to stay in Montréal at a time when the real estate market is rapidly changing.
  • Promote the economic and cultural development of Montréal by contributing to structuring urban development projects that enhance the quality, diversity and dynamism of living environments.
  • Update the governance and management of the organization, focusing on process transparency and accountability of decisions, as well as an integrated approach to risk management.

From a strictly financial perspective, the analysis of the 2012 results confirms that the SHDM continues to demonstrate responsible and prudent management that allows it to address future challenges with confidence, despite an uncertain economic reality.


You can access the document (in French only) by clicking HERE.

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