Mortgage Investment Corporations (MICs) are an investment that allows investors to generate income from Canadian real estate lending markets by pooling investor funds to provide private mortgages to borrowers as an alternative source of financing to what’s available from traditional mortgage providers. MICs in Canada have been around for 40 years and have played an important role in the real estate lending market.


The start of MICs in Canada

In 1973 the Residential Mortgage Financing Act (repealed) paved the way for private mortgage financing which made investments in the real estate lending market more accessible to smaller investors. Starting in 1985, MICs have been primarily regulated by the Income Tax Act, which sets out the rules that apply to MICs and their shareholders.


Types of Mortgages 

MICs provide financing for residential and commercial mortgages. At present, MICs continue to play a significant role in the Canadian mortgage market, providing an alternative source of financing for borrowers and a way for investors to get indirectly involved in the mortgage lending market. 


The future of MICs

It is difficult to predict how MICs will evolve in the future. Nevertheless, they will likely remain key sources of financing for real estate projects, playing an important role in the mortgage market. 


Investing with Giavest™ Capital MIC

Are you ready to take the next step and get involved in the mortgage lending market? Giavest™ Capital MIC is here to get you started. Giavest™ Capital MIC is supported by a team of mortgage professionals with over 60 years of collective industry experience.


Get in touch with our agent, CVC™ Market Point Inc., by email at, by phone at 1-877-847-6797, or through our website. One of their Dealing Representatives will help you take the next step for your investment portfolio.


Giavest™ Capital Mortgage Investment Corporation is a Canadian exempt market product intended for distribution by way of Offering Memorandum only in those jurisdictions where it may sell securities through a registered exempt market dealer, and this information is not to be construed as an offer or solicitation for the sale or purchase of securities. There are no guarantees of future performance or dividends. Prospective investors should read the Offering Memorandum before making an investment decision.