CREA CEO Michael Bourque to step down

When Michael Bourque stepped into the role of CEO for the Canadian Real Estate Association in 2018, the country’s lack of housing supply was not widely acknowledged by the government or consumers.

When Michael Bourque stepped into the role of CEO for the Canadian Real Estate Association in 2018, the country’s lack of housing supply was not widely acknowledged by the government or consumers.

Five years later, all levels of government are addressing the supply crisis in some shape or form and implementing plans to increase housing for Canadians.

Bourque believes CREA’s advocacy played a significant role in that shift.

“We’ve not only convinced people that there is a supply problem, but we’ve managed to get a lot of new government policy and attention on that fact,” Bourque explains. “Just in the last couple of years, we’ve managed to get political parties to have housing in their platform. Something that hadn’t happened before.”

Bourque has shared that his tenure as CREA’s leader will come to an end this December.

Bourque shares his belief that a CEO has a limited shelf life, typically ranging from five to seven years. He feels it’s time for new leadership to bring fresh ideas and drive change at CREA.