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Recent Actions by Minister of Finance Aimed at Responsible Homeownership

December 11, 2015 By NewsWire Tagged With: TSX:MIC

Genworth Canada Issues Statement in Response to Mortgage Rule Changes Announced Today TORONTO, Dec. 11, 2015 /CNW/ – The Minister of Finance announced today a change to the eligibility rules for new government-backed insured mortgages on properties priced above $500,000. Effective February 15, 2016, the minimum down payment for new insured mortgages will be increased from 5… [Read More]

Genworth MI Canada Inc. Considering Debenture Offering

November 6, 2015 By NewsWire Tagged With: TSX:MIC

/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTEDIN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./ TORONTO, Nov. 6, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today that it is considering a debenture offering pursuant to its base shelf prospectus. The Company will provide… [Read More]

Genworth MI Canada Inc. Announces Common Dividend in the Fourth Quarter 2015

October 29, 2015 By NewsWire Tagged With: TSX:MIC

Increase in quarterly dividend of $0.03 or 8% from $0.39 to $0.42 TORONTO, Oct. 29, 2015 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.42 per common share for the fourth quarter of 2015. This dividend will… [Read More]

Genworth MI Canada Inc. Reports Third Quarter 2015 Results

October 29, 2015 By NewsWire Tagged With: TSX:MIC

Premiums Written: $260 million, up 20% year-over-year Loss Ratio:  21%, flat year-over-year, up four points quarter-over-quarterFully Diluted Operating EPS:  $1.00, up $0.03 year-over-year, up $0.01 quarter-over-quarterNet Operating Income: $92 million, flat quarter-over-quarterIncrease in quarterly dividend of $0.03 or 8% from $0.39 to $0.42 TORONTO, Oct. 29, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”)… [Read More]

Genworth MI Canada Inc. Schedules Third Quarter 2015 Earnings Conference Call for October 30, 2015

October 16, 2015 By NewsWire Tagged With: TSX:MIC

TORONTO, Oct. 16, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the third quarter results after the market closes on October 29, 2015.  A conference call will be held the following day, October 30, 2015, at 10:00 AM (ET) to discuss… [Read More]

Students, Teachers and Communities Supporting Habitat

October 1, 2015 By NewsWire Tagged With: TSX:MIC

National writing contest in support of Habitat for Humanity Canada Kicks Off TORONTO, Oct. 1, 2015 /CNW/ – Genworth Canada is calling upon young students to help make the dream of homeownership possible for more Canadian families in need. Today, Genworth Canada kicks off its ninth annual Meaning of Home Contest in support of Habitat… [Read More]

Slower Growth Points to Continued Soft Landing in Condo Market

September 2, 2015 By NewsWire Tagged With: TSX:MIC

Conference Board of Canada Summer 2015 Metropolitan Condo Outlook TORONTO, Sept. 2, 2015 /CNW/ – Slowing GDP and job growth will have a moderating effect on Canada’s condo market, easing fears of overheating markets and further reinforcing the prospects of a soft landing, even as regional markets vary widely due to differing economic conditions according to… [Read More]

Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2015

August 4, 2015 By NewsWire Tagged With: TSX:MIC

TORONTO, Aug. 4, 2015 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.39 per common share for the third quarter of 2015.  This dividend will be paid on August 31, 2015, to shareholders of record at the… [Read More]

Genworth MI Canada Inc. Reports Second Quarter 2015

August 4, 2015 By NewsWire Tagged With: TSX:MIC

Premiums Written: $205 million, up 28% Y/YLoss Ratio:  17%, down 5 points Q/QNet Operating Income: $92 millionFully Diluted Operating EPS:  $0.99 TORONTO, Aug. 4, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported second quarter 2015 net income of $103 million or $1.12 earnings per diluted common share, and net operating… [Read More]

Genworth MI Canada Inc. Schedules Second Quarter 2015 Earnings Conference Call for August 5, 2015

July 13, 2015 By NewsWire Tagged With: TSX:MIC

TORONTO, July 13, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the second quarter results after the market closes on August 4.  A conference call will be held the following day, August 5, at 10:00 AM (ET) to discuss the results… [Read More]

Genworth MI Canada Inc. Announces Annual General Meeting Voting Results

June 5, 2015 By NewsWire Tagged With: TSX:MIC

TORONTO, June 5, 2015 /CNW/ – Genworth MI Canada Inc. (TSX: MIC) (“Genworth Canada” or the “Company”) announced at its annual general meeting held on June 4, 2015 the resolutions proposed in the Company’s proxy circular were carried. The detailed results are as follows.  1. Election of each of the following nine nominees as directors of… [Read More]

Genworth MI Canada Inc. Releases 2014 Annual Report and 2014 Management Information Circular

May 14, 2015 By NewsWire Tagged With: TSX:MIC

TORONTO, May 14, 2015 /CNW/ – Genworth MI Canada Inc. (Genworth Canada) (TSX: MIC) today announced that its 2014 Annual Report and 2014 Management Information Circular and Proxy are available for download on the Company website at  http://investor.genworthmicanada.ca . The Company’s Management Information Circular and Proxy contain information for common shareholders about the Annual General… [Read More]

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