A Canadian investment vehicle that pools capital from multiple investors to fund mortgage loans, governed by the Income Tax Act. MIC shares are securities — distribution is regulated under provincial securities law and typically requires a registered dealer and compliance with NI 45-106 exemptions (accredited-investor verification, OM-exemption, or other). Returns are not guaranteed and investors can lose capital if underlying mortgages default. LendCity™ is not a registered dealer or adviser and does not offer or solicit MIC investments — consult a registered exempt-market dealer and a securities lawyer.
Related Articles
- How to Invest in Private Mortgages in Canada (2026 Guide)
Learn how to invest in private mortgages in Canada. Secured lending, RRSP/TFSA options, due diligence, returns, and how private mortgage investing works.
- Corporate Structure for Real Estate Investors: Canada
Structure investment properties for tax optimization, liability protection, and mortgage financeability. Holding companies, trusts, and partnership options.
- MIC vs Direct Private Mortgage Investing in Canada (2026)
Compare Mortgage Investment Corporations with direct private mortgage lending. Control, liquidity, diversification, RRSP eligibility, and which path fits capital providers.
- Mortgage Investment Corporation: Lending vs Equity in Canada
How a mortgage investment corporation funds cash-flow lending and LP equity in Canada—Keasy MIC, RSP/TFSA, Hamilton 10-plex.
- Mortgage Investment Corporations: An Alternative Way to Invest in Real Estate
How MICs work as passive real estate investments: yields, risks, diversification, and how to evaluate MIC opportunities.
- RRSP Real Estate Investing: REITs, MICs & Strategies
Use RRSPs for real estate investing in Canada. Learn about REITs, MICs, private mortgages, and the Home Buyers' Plan with tax advantages.
← Mortgage & Real Estate Glossary 2026 · Editorial standards