Company MCAN Mortgage Corporation

Equities

MKP

CA5791761086

Consumer Lending

Market Closed - Toronto S.E. 03:59:50 2024-04-22 pm EDT 5-day change 1st Jan Change
15.66 CAD +0.58% Intraday chart for MCAN Mortgage Corporation +1.10% -1.45%

Business Summary

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.

Number of employees: 142

Sales per Business

CAD in Million2021Weight2022Weight Delta
Investment and Related Activities
100.0 %
153 100.0 % 165 100.0 % +8.25%

Sales per region

CAD in Million2021Weight2022Weight Delta
Canada
100.0 %
153 100.0 % 165 100.0 % +8.25%

Managers

Managers TitleAgeSince
Chief Executive Officer - Nov. 30
Chairman - 03-12-31
Director of Finance/CFO - 20-05-31
Chief Operating Officer - 22-02-28
Compliance Officer - 13-12-31
Chief Tech/Sci/R&D Officer - 18-08-31
Chief Investment Officer - 12-12-31
Human Resources Officer - 22-09-30
Comptroller/Controller/Auditor - 18-09-30
Corporate Secretary - 99-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 17-12-31
Director/Board Member - 21-04-30
Chairman - 03-12-31
Director/Board Member - 18-04-30
Director/Board Member - 20-04-30
Chief Executive Officer - Nov. 30
Director/Board Member - 20-04-30
Director/Board Member - 21-04-30
Director/Board Member - 22-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 37,830,915 32,394,080 ( 85.63 %) 0 85.63 %

Shareholders

NameEquities%Valuation
KingSett Capital, Inc.
15.16 %
5,316,731 15.16 % 62 M $
850,178 2.424 % 10 M $
Glenn Dore
0.5197 %
182,240 0.5197 % 2 M $
157,000 0.4477 % 2 M $
Matco Financial, Inc.
0.4148 %
145,474 0.4148 % 2 M $
87,584 0.2498 % 1 M $
Carl Brown
0.1548 %
54,278 0.1548 % 630 982 $
John Coke
0.1291 %
45,265 0.1291 % 526 206 $
Avish Buck
0.1088 %
38,168 0.1088 % 443 703 $
36,490 0.1041 % 424 196 $

Company contact information

MCAN Mortgage Corp.

200 King Street West Suite 600

M5H 3T4, Toronto

+416-572-4880

http://www.mcanfinancial.com
address MCAN Mortgage Corporation(MKP)
  1. Stock Market
  2. Equities
  3. MKP Stock
  4. Company MCAN Mortgage Corporation