Press Releases

MCAN Mortgage Corporation Announces Fourth Quarter Earnings and Record Annual Net Income

02/24/2017 – PDF

Toronto, Ontario – February 24, 2017. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced Q4 2016 net income of $9.0 million ($0.39 per share) compared to $9.5 million ($0.42 per share) in Q4 2015. We also announced record net income for the second consecutive year of $40.2 million in fiscal 2016, up 22% from $32.9 million in 2015.