What Is Morrison Laurier Mortgage Corporation?
Morrison Laurier is a joint venture between Morrison Financial Mortgage Corporation and Laurier Capital Properties Inc. The Company is a Mortgage Investment Corporation (MIC) which provides opportunities to investors in British Columbia, Ontario, Alberta, Saskatchewan, Manitoba and the Province of Quebec to achieve higher returns through participation in a diversified, secure portfolio of select mortgages originated and managed by Morrison Financial Mortgage Corporation under an exclusive investment management arrangement. Morrison Financial Mortgage Corporation is a wholly-owned subsidiary of Morrison Financial Services Limited, a company that has been successfully engaged in commercial and mortgage financing for 24 years.
The Morrison Laurier mortgage portfolio is managed with a focus on:
- Capital preservation
- Consistent income streams
- Moderate liquidity through client initiated retractions
Morrison Laurier preferred shareholders invest in a diversified mortgage portfolio in return for quarterly dividends. With a current annual distribution yield of 8%, Morrison Laurier presents an attractive opportunity to investors seeking higher returns.
Why Invest in Morrison Laurier Mortgage Corporation?
Morrison Laurier Mortgage Corporation is a MIC which enables those interested in diversifying their portfolios to invest in a pool of mortgages to which they would otherwise have no access. Preferred shareholders of Morrison Laurier are able to profit in the following ways:
- High Yields As A MIC: Morrison Laurier Mortgage Corporation is required to pay all net profits to preferred shareholders. Upon doing so, Morrison Laurier is not taxed as a corporation and can therefore offer higher returns to shareholders.
- Tax Benefits: As an investor, if Morrison Laurier shares are held within a registered retirement savings plan in Canada, all taxes are deferrable until withdrawn from the plan. Morrison Laurier investments are eligible for:
- Registered Retirement Savings Plans (RRSPs)
- Registered Retirement Income Funds (RRIFs)
- Registered Education Savings Plans (RESPs)
- Tax Free Savings Accounts (TFSAs)
- Individual Pension Plans
Contact Morrison Laurier Mortgage Corporation today, or download our Offering Memorandum to learn the details of this investment opportunity.
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