Canam Fund Solutions
Resources
As an EMD, it is our privilege to provide tools, resources and information to make confident and informed decisions. We have compiled the following resources to help you find more about Mortgage Investment Industry:
– British Columbia Securities Commission: https://www.bcsc.bc.ca/
– Government of Canada’s Financial Tools & Calculators: https://www.canada.ca/en/services/finance/tools.html
– Financial Consumer Agency of Canada: https://www.canada.ca/en/financial-consumeragency.html
– What are Mortgages: https://www.canada.ca/en/financial-consumer-agency/services/mortgages.html
Frequently Asked Questions
What is Exempt Security Market?
The Exempt Security Market is described as a portion of capital market with certain exemptions provided by provincial securities legislation, including prospectus
requirements and retail client sales requirements. The Exempt Security Market is also known as the private Capital Market.
What is an Exempt Market Dealer (EMD)?
An Exempt Dealer or an EMD is a fully registered security entity trading securities to the qualified exempt market clients.
Why do I need to buy MIC’s shares through an EMD?
New regulations were put in place in February 2020 by British Columbia Securities Commission (BCSC) which restricts Mortgage Investment entities such as Mortgage Investment Corporations (MIC) to sell shares directly to the public. MICs are obligated to provide services to the public through the Exempt Market Dealers (EMDs) to raise the MIC’s capital.
