Versa Platinum’s Insight: The Rise of MICs and What It Means for Canadian Investors
Mortgage Investment Corporations (MICs) are transforming real-estate–linked investing in Canada — particularly in British Columbia (BC), where housing demand remains strong and traditional lending can be hard to access. In markets like Vancouver, Victoria, and the Fraser Valley, MICs fill a crucial gap by providing alternative mortgage financing solutions to borrowers who might not qualify for bank loans. At its core, a MIC is a pooled investment vehicle that lends money on real property mortgages and distributes nearly all net income to shareholders as dividends. Unlike direct property ownership, MIC investments offer exposure to real estate lending without the challenges of managing tenants or buildings. Versa Platinum has emerged as a key mortgage investment corporation in Canada , offering carefully structured MIC mortgage Canada strategies focused on capital preservation, diversified mortgage portfolios, and disciplined underwriting. By blending residential, commercial, and ...