EXHIBIT 8

                                     CONSENT

      We hereby consent to the use of our name in the first and second
paragraphs under the heading "Legal Opinions" in the Prospectus Supplement dated
January 25, 2005 to the Prospectus dated August 14, 2003 relating to debt
securities issued pursuant to Registration Statement No. 333-107880 of Canada
Mortgage and Housing Corporation.

January 25, 2005

                                         /s/ Milbank, Tweed, Hadley & McCloy LLP
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                                         Milbank, Tweed, Hadley & McCloy LLP