About Mortgage Investments Term Deposits Investors Contact ENFR About MCAN About MCAN Overview Our History Capital Management Directors Management ESG Careers Overview MCAN Mortgage Corporation (the “Company” or “MCAN”) is a Loan Company under the Trust and Loan Companies Act (Canada) (the “Trust Act”) and a Mortgage Investment Corporation (“MIC”) under the Income Tax Act (Canada) (the “Tax Act”). As a Loan Company under the Trust Act, the Company is subject to the guidelines and regulations set by the Office of the Superintendent of Financial Institutions Canada (“OSFI”). MCAN is a public company listed on the Toronto Stock Exchange under the symbol MKP. Our objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including single family residential, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans and real estate investments. We employ leverage by issuing term deposits that are eligible for Canada Deposit Insurance Corporation deposit insurance and are sourced through a network of independent financial agents. We manage our capital and asset balances based on the regulations and limits of both the Tax Act and OSFI. As a MIC, we are entitled to deduct the dividends that we pay to shareholders from our taxable income. Regular dividends are taxed as interest income to shareholders. We are able to pay capital gains dividends, which would be taxed as capital gains to shareholders. Dividends paid to foreign investors may be subject to withholding taxes. MCAN’s wholly-owned subsidiary, XMC Mortgage Corporation, is an originator of single family residential mortgage products across Canada. Learn more about working at MCAN View Career Opportunities 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.