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Rita Virk appointed to the Board of Directors of the Canadian Mortgage and Housing Corporation
Virk holds a Master of Professional Accounting degree and the ICD designation from the Institute of Corporate Directors.
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Prabhjot Paul Singh - Wed, 11, Feb 2026
- 21:59 EST
- 49
Rita Virk / Credit Union Deposit Guarantee Corporation
Rita Virk, a Chartered Professional Accountant of Punjabi descent, has been appointed to the Board of Directors of Canada Mortgage and Housing Corporation (CMHC), the Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, Gregor Robertson announced.
“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,” Gregor Robertson said while announcing her appointment.
As part of the Government of Canada’s broader efforts to respond to the housing crisis, work is being done across the housing continuum to respond to the needs of communities across Canada. CMHC plays a vital role in shaping housing solutions with our partners in industry and all levels of government.
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CMHC is a federal Crown corporation that plays a critical role as a national convenor in the housing finance system, and through research, program development and delivery, and commercial operations, is a vital contributor to the sustainability and stability of Canada’s housing 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, and generally contribute to the well-being of the housing sector in the national economy.”
Rita Virk is a Chartered Professional Accountant with extensive experience in finance, risk management, and governance. She has held senior leadership and board roles across the public and private sectors, bringing deep expertise in financial oversight, internal audit, system modernisation, and Environmental, Social, and Governance (ESG) strategy development. She currently serves on the Departmental Audit Committee for Innovation, Science, and Economic Development Canada and holds a Master of Professional Accounting degree, as well as the Institute of Corporate Directors designation from the Institute of Corporate Directors. Rita Virk was identified through an open, competency-based selection process.
This appointment reflects the Government of Canada’s commitment to strong leadership and good governance at CMHC.
The Government of Canada, together with its partners, is investing in housing infrastructure to build resilient, connected communities and affordable housing options that meet the needs of Canadians.
Rita Virk has held several board and committee roles in the financial sector, including serving as Audit Committee Chair and as a member of the People Experience Committee at Prospera Credit Union, as well as Vice Chair of the Prospera Foundation Board. Prospera Credit Union employs approximately 700 people, operates 27 branches, and manages $9 billion in assets.
In addition, she has served on the boards and committees of Westminster Savings, the British Columbia Real Estate Association, Fraser Health, and the BC Children’s Hospital Foundation. She is a member of the Harvard Business Review Advisory Council and has a strong interest in innovation and emerging technologies.
Rita Virk currently serves on the Departmental Audit Committee for Innovation, Science, and Economic Development Canada (ISED). She holds a Master of Professional Accounting degree and the ICD designation from the Institute of Corporate Directors.
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