An announcement from MCAN Mortgage ( (TSE:MKP) ) is now available.
MCAN Financial Group has successfully planted over 25,000 trees across Canada in partnership with One Tree Planted, reflecting its commitment to sustainability and environmental impact. This initiative, which plants four trees for every mortgage financed, aims to address reforestation needs in Canada and underscores MCAN’s dedication to environmental stewardship and fostering a values-driven corporate culture.
More about MCAN Mortgage
MCAN Financial Group, operating as MCAN Mortgage Corporation, is a public company listed on the Toronto Stock Exchange and is the largest Mortgage Investment Corporation (MIC) in Canada. It focuses on generating reliable income through investments in a diversified portfolio of Canadian mortgages, including residential and commercial loans, and is the only federally regulated MIC that issues term deposits eligible for Canada Deposit Insurance Corporation insurance.
YTD Price Performance: 4.26%
Average Trading Volume: 44,517
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$726.3M
See more insights into MKP stock on TipRanks’ Stock Analysis page.