Providus is not accepting new investments and is not investing in, or lending on, new mortgages.
A MIC is a company created specifically for mortgage investment and lending in Canada. For borrowers, MICs are a valuable source of alternative financing that can be more flexible than the big banks. For investors, MICs can be a way to invest in a diversified and secured pool of mortgages.
Yes, shares of a MIC are qualified investments, with certain restrictions, under the Income Tax Act (Canada) for RRSPs, RRIFs, RESPs, RDSPs, DPSPs, and TFSAs.
Real estate investing is a very broad field, and it’s important to know exactly what you are investing in.
A MIC invests in a specific sector of the real estate market: mortgage lending. They seek to make money from interest on loans and, sometimes, from mortgage servicing.
Providus MIC has returned 100% of investor capital. No further investments are being accepted.
We have appointed MNP LLP as our auditors. See their website.
Providus MIC is not accepting investors.
Providus is not investing in, or lending on, mortgage loans.
Providus is not accepting investments
Providus is not accepting investments.
This website is intended for residents of Canada, and is for information purposes only. Nothing herein is to be construed as a prospectus or solicitation for the securities of Providus Mortgage Investment Corporation. An investment in Providus Mortgage Investment Corporation is available only to qualified investors on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws. Contact Providus for important investment details.