Press Releases

MCAN Mortgage Corporation Announces Fourth Quarter Earnings

02/23/2018 – PDF

Toronto, Ontario – February 23, 2018. MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.8 million ($0.47 per share) for the fourth quarter ended December 31, 2017, up from $9.0 million ($0.39 per share) in Q4 2016. Net income for fiscal 2017 was $39.9 million, down slightly from record net income of $40.2 million earned in fiscal 2016.