TORONTO, Feb. 15,
2024 /CNW/ - MCAN Financial Group ("MCAN", the
"Company" or "we") (TSX: MKP), a leading Canadian mortgage
investment corporation, is thrilled to announce the launch of a new
direct-to-client Guaranteed Investment Certificate (GIC) channel
under the brand MCAN Wealth.
MCAN has been a member of the Canada Deposit Insurance
Corporation (CDIC) for 30 years and currently has more than 7,000
GIC clients originated through its Deposit Broker network.
This strategic expansion marks a significant milestone in MCAN
Financial Group's commitment to providing Canadian clients with
accessible and secure investment options.
"The growth of MCAN Wealth and this new direct-to-client channel
represents our ongoing commitment to innovation and client-centric
solutions. We believe in empowering individuals to invest in their
financial future," said Don Coulter,
MCAN Financial Group's President and CEO.
MCAN also offers construction financing through its MCAN Capital
brand and residential mortgage solutions through MCAN Home, a
national lender operating through a network of more than 3,000
mortgage brokers.
As a trusted financial partner, MCAN Financial Group continues
to evolve its offerings to meet the changing needs of Canadian
investors.
The introduction of MCAN Wealth reflects the organization's
dedication to providing accessible and secure financial solutions
that align with the goals and aspirations of Canadians.
GIC Products: MCAN Wealth offers a suite of GIC products
available in most provinces and tailored to meet the diverse
financial goals of our clients.
Competitive Interest Rates: Clients can benefit from MCAN
Wealth's competitive interest rates, ensuring investments grow
steadily.
User-Friendly Platform: The MCAN Wealth platform is
intuitive and easy to navigate, providing clients with a seamless
and convenient investment experience.
Security and Trust: MCAN Financial Group has a
long-standing reputation for financial stability and security. MCAN
Wealth's GICs are eligible for CDIC insurance.
Investors can access the new MCAN Wealth GICs directly at
launchwealth.mcanfinancial.com.
About MCAN
MCAN Mortgage Corporation d/b/a MCAN Financial Group is a public
company listed on the Toronto Stock Exchange under the symbol MKP
and is a reporting issuer in all provinces and territories in
Canada. MCAN also qualifies as a
Mortgage Investment Corporation ("MIC") under the Income Tax Act
(Canada).
MCAN's primary 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. MCAN employs leverage by issuing term deposits that
are eligible for Canada Deposit Insurance Corporation deposit
insurance. MCAN is Investing in Communities and Homes for
Canadians.
mcanfinancial.com | mcanexecutive@mcanfinancial.com | TSX:
MKP
SOURCE MCAN Mortgage Corporation