Which entity helps facilitate housing assistance to those with unmet needs in Canada?

The Canada Mortgage and Housing Corporation (CMHC) is the correct choice because it plays a pivotal role in providing housing assistance and addressing unmet housing needs across Canada. This federal body works to enhance the availability and affordability of housing by offering various programs and services.

Specifically, CMHC provides funding for affordable housing projects, assists in the development of supportive housing, and conducts research to inform housing policy. Their commitment to promoting housing accessibility means that they often collaborate with provincial and local governments, nonprofits, and private sector partners to create affordable housing solutions for Canadians in need.

In contrast, the other organizations listed, such as Genworth Canada and Canada Guaranty, primarily focus on mortgage insurance services rather than direct housing assistance. While they contribute to the housing market by enhancing lending security, they do not provide the same level of support for those facing housing challenges. The Royal Bank of Canada, being a financial institution, primarily offers banking services and products, including loans for purchasing homes, but is not a government entity focused on alleviating housing needs. This further clarifies why CMHC stands out as the key player in facilitating housing assistance in the Canadian housing landscape.