INVESTMENT OBJECTIVE

The Mortgage Company of Canada (“MCC”) is a mortgage investment corporation whose objective is to provide investors with an attractive risk-adjusted return by primarily investing in mortgages of single family homes in the Greater Toronto Area. Our experienced management team employs a focused lending strategy, follows rigorous underwriting analysis and leverages its third-party brokerage relationships as well as its affiliated mortgage brokerage for deal flow. MCC’s board of directors (“Board of Directors”) comprises a majority of independent members who provide corporate governance and oversight. The Board of Directors ensures that the corporate and financial objectives of MCC are pursued on behalf of its investors.

HISTORICAL RETURNS²

A $100,000 investment in 2009would be worth $185,116 today

PORTFOLIO SUMMARY³

MARKET OUTLOOK

With unemployment rates down on a year-over-year basis, the strong performance of GTA
economy is pushing the housing market toward a new record in 2015:

• GTA home sales increased 9.4% on a year over year basis⁴
• High-end homes continue to account for a greater share of the overall transactions⁴
• Average selling price of a home in the GTA increased 10.6% to $609,236⁴
• Detached houses in Toronto sold for an average of $996,970 million in July, up 13.3% from July 2014⁴

MANAGEMENT TEAM

Our management team has demonstrated an excellent track record over their combined 40 years of lending experience. Management has approximately $4 million invested in MCC on the same terms as our investors, insuring that our interests are aligned.

 
RAJ BABBER – Founder, President & Chief Executive Officer and Director

• 15 years of experience in commercial and residential lending
• Founder of CanadaLend.com, one of the largest volume independent mortgage brokering houses in Canada

SANJAY KAITH – Chief Operating Officer

• Over 10 years of experience in mortgage brokering, finance and lending in the small and medium business sector
• Experience and expertise in the residential housing market

GREG GOUTIS CPA, CMA – Chief Financial Officer and Director

• Over 14 years of experience in the construction and real estate industries
• Formally, Vice President, Operations and Chief Financial Officer at The Royalton Retirement Residences

MAJORITY INDEPENDENT BOARD OF DIRECTORS

MCC is committed to strong corporate governance practices. Accordingly, we have appointed three wellrespected business and finance professionals, with public company experience, as independent
members to our Board of Directors.

 
DANIEL DRIMMER

• Over 19 years of experience in the multi-family residential and commercial real estate sectors in Canada and the United States
• Chairman of the Board of True North Apartment Real Estate Investment Trust (TN.UN:TSX) and True North Commercial Real Estate Investment Trust (TNT.UN:TSX), and Chief Executive Officer of Starlight Investments Ltd.

TAMMY OLDENBURG

• Over 17 years of experience in various financial positions with MCAN Mortgage Corporation
  (MKP:TSX) (“MCAN”), Bank of Montreal and Ernst & Young
• Former Vice President and Chief Financial Officer of MCAN

GLEN SILVESTRI

• Over 15 years of experience in the financial sector
• Partner at Imperial Capital Group, a leading mid-market private equity player
• Former Vice President of Teachers’ Private Capital, the private equity arm of Ontario Teachers’ Pension Plan
• Former member of the Board of Equity Financial Holdings (EQI:TSX)

* These materials are not to be distributed, reproduced or communicated to a third party without the express written consent of the Mortgage Company of Canada. These materials are for informational purposes only and do not constitute an offer to sell or a solicitation to buy securities. Past results are not indicative of future performance.

Newsletter May 2015