Ontario Mortgage Corporation

Zone d'identification

Type d'entité

Higher-level Ontario government office (type B)

Forme autorisée du nom

Ontario Mortgage Corporation

forme(s) parallèle(s) du nom

    Forme(s) du nom normalisée(s) selon d'autres conventions

    • Ontario Mortgage Corporation

    Autre(s) forme(s) du nom

    • OMC

    Numéro d'immatriculation des collectivités

    Zone de description

    Dates d’existence

    1974-

    Historique

    The Ontario Mortgage Corporation (OMC) was established in the fall of 1974 and attached to the Ontario Ministry of Housing.

    From 1974 until 1982, management of the OMC was supervised by a Board of Directors, which reported to the Minister of Housing. On April 1, 1982, however, OMC became a wholly-owned subsidiary of the Ontario Land Corporation (OLC) and its Board of Directors was merged with that of the OLC.

    On March 31, 1987, the Ontario Land Corporation ceased operations and OMC, under the management of its own Board of Directors, was reactivated with certain assets and liabilities of the OLC being transferred to it.

    With this change, ministerial responsibility for OMC was given to the Ontario Minister of Government Services.

    Since 1987, the OMC has been attached to the Ministry of Government Services (1987-1993); the Management Board of Cabinet (1993-1994); the Ministry of Housing (1994-1995); and the Ministry of Municipal Affairs and Housing, since 1995.

    Lieux

    Statut légal

    Fonctions et activités

    The Ontario Mortgage Corporation (OMC) provided home buyers with mortgages at less than market rates to promote an increase in the levels of individual home ownership. Since 1974, the Corporation's responsibility has expanded to the provision of mortgage funding to private developers of condominium developments and other housing ventures designed to provide lower cost housing to prospective buyers.

    Adresse

    The Ontario Mortgage Corporation was established under the Corporations Act.

    Organisation interne/Généalogie

    Contexte général

    Zone des relations

    Entité associée

    Housing Corporation (Ont.) (1948-1974)

    Identifier of related entity

    BA702

    Type de relation

    temporel

    Type de relation

    Housing Corporation (Ont.) est le prédécesseur de Ontario Mortgage Corporation

    Dates de la relation

    Description de la relation

    Zone des points d'accès

    Mots-clés - Sujets

    Mots-clés - Lieux

    Epithet

    Zone du contrôle

    Identifiant de notice d'autorité

    BA162

    Identifiant du service d'archives

    Règles et/ou conventions utilisées

    RAD: Rules for Archival Description, 2nd edn (2008)

    Statut

    Approved

    Niveau de détail

    Dates de production, de révision et de suppression

    2026-11-16: migrated to AtoM

    Langue(s)

      Écriture(s)

        Sources

        Public Accounts of the Province of Ontario 1986/87 (Vol. 2)

        Annual Reports of the Ministry of Housing (1974-1981)

        Annual Reports of the Ministry of Municipal Affairs and Housing (1982/1983)

        Canadiana Name Authorities, 1996-12- 24

        Notes de maintenance

        Archivist(s):
        R. Anger