MCAN Financial Group

About MCAN Financial Group

MCAN Financial Group is dedicated to reimagining opportunities to drive growth for Canadian communities by providing customized mortgage solutions for homeowners and unique access to the Canadian real estate market for investors.

Products & Services

MCAN Home:Mortgage solutions for real life, including purchase, refinance, and renewal options.

MCAN Capital:Flexible financing solutions for various needs.

MCAN Wealth:Strategic and secure savings options, including GICs.

Specialties

Real Estate Investing Mortgage Solutions Financing Solutions Secure Savings and GICs

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: At-The-Market Equity Program (ATM Program) T: - FT: At-The-Market Equity Program (ATM Program)	A: 75000000 MR: - FA: $75,000,000 FAN: 75000000	D: 2025-08-11 FD: 2025-08-11	2 investors
2	RT: Overnight Marketed Offering T: - FT: Overnight Marketed Offering	A: 25000000 MR: - FA: C$25 million FAN: 25000000	D: 2024-03-19 FD: 2024-03-19	2 investors
3	RT: Overnight Marketed Offering of Common Shares T: - FT: Overnight Marketed Offering of Common Shares	A: 20000000 MR: - FA: $20 million FAN: 20000000	D: 2024-03-18 FD: 2024-03-18	2 investors
4	RT: At-The-Market Equity Program (ATM Program) T: - FT: At-The-Market Equity Program (ATM Program)	A: 30000000 MR: - FA: $30,000,000 FAN: 30000000	D: 2023-08-21 FD: 2023-08-21	1 investors
5	RT: Rights Offering T: - FT: Rights Offering	A: 34305698 MR: - FA: 34,305,698 FAN: 34305698	D: 2023-01-10 FD: 2023-01-10	1 investors

At-The-Market Equity Program (ATM Program) Latest

2025-08-11

$75.0M

2 investors (Pro only)

Overnight Marketed Offering 2024-03-19

$25.0M

Overnight Marketed Offering of Common Shares 2024-03-18

$20.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

D

Derek Sutherland

President and Chief Executive Officer

LinkedIn (Pro only)

A

Avish Buck

SVP, Chief Operating Officer | President, MCAN Home Mortgage Corporation

LinkedIn (Pro only)

S

Santokh Birk

SVP, Chief Financial Officer

LinkedIn (Pro only)

C

Carl Brown

SVP, Investments and Corporate Development

M

Michelle Liotta

VP, Human Resources

A

Aaron Corr

VP, Chief Risk Officer

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