Edgeworth Mortgage Investment Corporation: mortgaging undeveloped land in Alberta, Canada

“The best investment on earth is EARTH”
- Louis J. Glickman

A mortgage investment corporation ("MIC") is an investment vehicle governed by the Income Tax Act (Canada). A MIC is required to invest at least 50% of assets under management in residential mortgages in Canada.

It is the intention of the Edgeworth Mortgage Investment Corporation to invest in residential mortgages primarily in the Province of Alberta. The primary advantage of the MIC to investors is that all of the profits of the MIC must be paid out in the form of cash or shares to the investors every year.

The MIC allows an investor to pool their funds and invest in mortgages that they would otherwise not have means or resources to. All mortgages are professionally underwritten and are backed by real estate. As such, an investment in the Edgeworth Mortgage Investment Corporation is structured to be a safe, secure and steady cash flow vehicle for its investors.

The Edgeworth Mortgage Investment Corporation is RSP, RESP and RIF eligible. For more information, please refer to our FAQ or please provide us with your contact information.