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 $192,134 today

PORTFOLIO SUMMARY³

MARKET OUTLOOK

A brief discussion concerning the Greater Toronto Area’s housing market:

• Canadian home sales grew in October to the second-highest levels in almost six years as demand remained strong in the red-hot real estate markets in Vancouver and the Greater Toronto Area⁴
• Prices for homes in the Greater Toronto Area are up 7.6% on a year-over-year basis⁵
• Nationally, prices for detached houses continued to rise roughly twice as fast as prices of condos⁵
• Despite very strong demand for single and semi-detached houses and townhouses in the GTA, starts have fallen by half, dropping from about 30,000 units in 2001-2003 to about 15,000 units in 2013-2014⁶

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 within the finance and real estate sectors
• Chief Financial Officer at Credit Suisse Canada
• Former Vice President and Chief Financial Officer of MCAN Mortgage Corporation (MKP:TSX)

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 October 2015