Stock market symbol TSX: MKP TORONTO, May 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2018 Annual General Meeting of Shareholders held in Toronto, Ontario, on May 8, 2018. By a vote of show of hands, the director nominees listed in the table below were… [Read More]

Stock market symbol TSX: MKP TORONTO, May 8, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.6 million ($0.45 per share) for the first quarter ended March 31, 2018, up from $10.3 million ($0.44 per share) in the first quarter of 2017.  Highlights Financial Performance Return on average shareholders’… [Read More]

Stock market symbol TSX: MKP TORONTO, Feb. 23, 2018 /CNW/ – 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… [Read More]

TSX: MKP TORONTO, Nov. 10, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported Q3 2017 net income of $9.9 million, up from $9.8 million in Q3 2016.  Earnings per share decreased to $0.42 in Q3 2017 from $0.43 in Q3 2016.  Highlights Net Income Q3 2017 Net income was $9.9 million… [Read More]

Stock market symbolTSX: MKP TORONTO, Oct. 13, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced today that it has declared a dividend of $0.37 per share payable on January 2, 2018 to common shareholders of record as of December 15, 2017. This declared dividend represents an increase of $0.05 per share… [Read More]

Stock market symbolTSX: MKP TORONTO, Sept. 1, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”) today announced that Xceed Mortgage Corporation (in French, Corporation Hypothécaire Xceed), a wholly owned subsidiary of MCAN, will change its name to XMC Mortgage Corporation (in French, Corporation Hypothécaire XMC), effective September 1, 2017. “This new name is an important step… [Read More]

Stock market symbol TSX: MKP TORONTO, Aug. 11, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported Q2 2017 net income of $8.9 million, down from $13.6 million in Q2 2016.  Earnings per share decreased to $0.39 in Q2 2017 from $0.59 in Q2 2016.  The decreases were largely driven by the… [Read More]

Stock market symbolTSX: MKP TORONTO, May 10, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2017 Annual and Special Meeting of Shareholders held in Toronto, Ontario, on May 9, 2017. By a vote of show of hands, the director nominees listed in the table below… [Read More]

Stock market symbol TSX: MKP TORONTO, May 9, 2017 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported a 32% increase in Q1 2017 net income of $10.3 million, up from $7.8 million in Q1 2016.  Earnings per share increased 29% to $0.44 in Q1 2017 from $0.34 in Q1 2016.        Highlights Net… [Read More]

Stock market symbolTSX: MKP TORONTO, Feb. 24, 2017 /CNW/ – 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,… [Read More]

Stock market symbolTSX: MKP TORONTO, Nov. 11, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported earnings today for the third quarter of 2016.  Net income of $9.8 million increased by 36% from Q3 2015 and earnings per share of $0.43 increased by 34% from Q3 2015.    Highlights Net Income Q3… [Read More]

Stock market symbol TSX: MKP TORONTO, Aug. 11, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported earnings today for the second quarter of 2016.  Net income of $13.6 million increased by 14% from Q2 2015 and earnings per share of $0.59 increased by 5% from Q2 2015.    Highlights Net Income Q2… [Read More]