About Mortgage Investments Term Deposits Investors Contact ENFR Investors Overview Investors Overview Rights Offering Events Dividends News Releases Quarterly Reports Annual Reports Investor Presentations Regulatory Filings Regulatory Disclosures Corporate Governance Forward Statements For tax reporting of MCAN dividends, T5 tax slips are issued by the brokerage firm through which you purchased the MCAN shares. If you have not received your T5 tax slip, please contact your broker directly as MCAN is not involved in sending these out. Click here for MCAN’s stock quote. Click here for information on the Annual and Special Meeting of Shareholders held May 11, 2021. Find Corporate Documents, Board Mandates on our Corporate Governance page. MCAN’s primary objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages focused on single-family residential mortgages and residential construction loans, as well as other types of loans and investments, real estate and securitization investments. MCAN’s business model provides focused investing in products and markets where MCAN has extensive expertise to generate attractive financial returns. MCAN’s Board of Directors and Management Team possess significant experience in the financial, investment and real estate industries. Stable earnings profile Stable and regular dividend payments. We typically pay out all taxable income as dividends. Proven investment expertise High quality portfolio; mortgages in arrears actively managed. Low cost business model Ability to use low-cost leverage to generate returns to shareholders. In-house origination capabilities through our wholly-owned subsidiary, XMC Mortgage Corporation. Flexibility to adapt and reposition according to market conditions. Strong Capital Position Common Equity Tier 1, Tier 1 and Total Capital Ratios well in excess of OSFI minimum requirements. Preservation of capital is MCAN’s primary core value. MCAN is a strategic investor in the Canadian real estate market. Our portfolio is focused on uninsured single-family mortgages and residential construction loans where we have proven investment expertise. Our exposure to the residential construction market provides in-depth knowledge of the regions that we invest in to support the uninsured single-family portfolio. Leverage from CDIC-eligible term deposits provides a cost-effective source of funding for our investments. Yield from the investing operations provides returns to shareholders via distributions that are made tax efficient through MCAN’s mortgage investment corporation (MIC) structure. The basic characteristics of a MIC are: Investment platform focused primarily on residential mortgage lending Taxable income distributed directly to shareholders Effectively a non-taxed flow-through entity Majority of dividends received by shareholders taxed as interest income Attractive investment option for tax-exempt institutions, in addition to tax-deferred and tax-free investment accounts (RRSP, RESP, and TFSA). Analyst Coverage The following analysts provide research coverage on MCAN Mortgage Corporation: Catalyst Equity Research Inc. – Robin Cornwell Get Updates Delivered to Your Inbox We won’t share your email address and you can opt-out at any time. Term Deposits Updates Form Duplicate Subscribe About MCAN MCAN Mortgage Corporation (TSX: MKP), a federally regulated mortgage investment corporation, funded by CDIC-eligible term deposits, invests primarily in Canadian single-family and residential construction mortgages. Contact MCAN MCAN Mortgage Corporation 200 King Street West Suite 600 Toronto, ON M5H 3T4 Toll Free Phone: 1-855-213-6226 Toronto Phone: 416-572-4880 Fax: 416-598-4142 Email: mcanexecutive@mcanmortgage.com © 2021 MCAN Mortgage Corporation. All rights reserved. Legal Privacy Accessibility Site Map MCAN Mortgage Corporation has not prepared, reviewed or updated any content on third party sites and assumes no responsibility for the information posted on them. The Company believes all information posted on this website to be correct at the time of posting, but advises that it may be subject to change without notice We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we’ll assume that you are happy to receive all cookies on the MCAN Mortgage Corporation website. You can always change your cookie settings at any time via your browser settings. For more information, please read our Privacy Policy.