• November 17, 2023

    Financial Literacy Month: What To Do In A Financial Emergency

    Resources

    It’s National Financial Literacy Month (FLM), where the Financial Consumer Agency of Canada (FCAC) helps equip Canadians with practical tools and tips to manage their money in a changing world. Throughout November, the FCAC is discussing the ever-changing financial marketplace and the importance of checking up on financial health. At Magenta, our goal is

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  • November 10, 2023

    Financial Literacy Month: Check Up On Your Debt

    Resources

    It’s National Financial Literacy Month (FLM), where the Financial Consumer Agency of Canada (FCAC) helps equip Canadians with practical tools and tips to manage their money in a changing world. Throughout November, the FCAC is discussing the ever-changing financial marketplace and the importance of checking up on financial health. At Magenta,

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  • November 3, 2023

    Financial Literacy Month: Get the Pulse on Your Financial Health 

    Resources

    November is National Financial Literacy Month, where the Financial Consumer Agency of Canada (FCAC) helps equip Canadians with practical tools and tips to manage their money in a changing world. This year, they’re discussing the ever-changing financial marketplace and the importance of checking up on your financial health. At Magenta, our goal is

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  • November 1, 2023

    Spotlight on Second Mortgages 

    Brokers

    At Magenta, we know there are many reasons why clients choose to take out second mortgages. For some, second mortgages are valuable financial management strategies for dealing with debt efficiently at lower interest rates. For others, second mortgages are an avenue for funding the acquisition or improvement of homes, paying

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  • September 20, 2023

    What is a Mortgage Investment Corporation (MIC)?  

    Investors

    A Mortgage Investment Corporation (MIC) is an investment fund where investors pool their money to lend to borrowers as private mortgages. By adding their money to this pool, an investor purchases shares in a MIC. This is an alternative fixed-income investment: a security which pays investors fixed amounts on predetermined dates.

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  • July 6, 2023

    Three decades of carefree summers for our investors

    Investors

    A 29-year track record of reliable income and strong returns.* Summer has begun! Airlines are booked for family vacations abroad while the beaches here in Ontario will host crowds of people. Cottages and campsites will see loved ones enjoying outdoor sports, campfires, and quality time. That’s what summer is all

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