Exhibit
      31.1





CERTIFICATION
      PURSUANT TO


SECTION
      302 OF THE SARBANES-OXLEY ACT OF 2002





I,
      Bia
      Mac, certify that:





1.
      I have
      reviewed this annual report on Form 10-KSB of Kingsway Capital, Inc.
      for
      the fiscal period ended December 31, 2006;





2.
      Based
      on my knowledge, this report does not contain any untrue statement of a material
      fact or omit to state a material fact necessary to make the statements made,
      in
      light of the circumstances under which such statements were made, not misleading
      with respect to the period covered by this report;





3.
      Based
      on my knowledge, the financial statements, and other financial information
      included in this report, fairly present in all material respects the financial
      condition, results of operations and cash flows of the small business issuer
      as
      of, and for, the periods presented in this report;





4.
      The
      small business issuer's other certifying officer and I are responsible for
      establishing and maintaining disclosure controls and procedures (as defined
      in
      Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small business issuer and
      we
      have:





(a)
      Designed such disclosure controls and procedures to ensure that material
      information relating to the small business issuer, including its consolidated
      subsidiary, is made known to us by others within that entity, particularly
      during the period in which this report is being prepared;





(b)
      Evaluated the effectiveness of the small business issuer's disclosure controls
      and procedures and presented in this report our conclusions about the
      effectiveness of the disclosure controls and procedures, as of the end of the
      period covered by this report based on such evaluation; and





(c)
      Disclosed in this report any change in the small business issuer's internal
      control over financial reporting that occurred during the small business
      issuer's fourth fiscal quarter that has materially affected, or is reasonably
      likely to materially affect, the small business issuer's internal control over
      financial reporting;





5.
      The
      small business issuer's other certifying officer and I have disclosed, based
      on
      our most recent evaluation, to the small business issuer's auditors and the
      audit committee of small business issuer's board of directors:





(a)
      All
      significant deficiencies in the design or operation of the internal controls
      which could adversely affect the small business issuer's ability to record,
      process, summarize and report financial data and have identified for the small
      business issuer's auditors any material weaknesses in internal controls;
      and





(b)
      Any
      fraud, whether or not material, that involves management or other employees
      who
      have a significant role in the small business issuer's internal
      controls.





Date:
      March 30, 2007








/s/
      Bia Mac


Bia
      Mac


Chief
      Executive Officer