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We owe an enormous debt of gratitude to the tireless efforts of our heroic front-line healthcare workers, and to the international team of scientists who delivered life-saving vaccines, marking the beginning of the end of the pandemic, and a return to a \u201cnew normal\u201d.\u00a0<\/span><\/p>\n <\/p>\n As the year winds to a close, we also reflect on the resilience of our team, our partners and our clients, and the many ways, together, we provided help and hope to so many Canadians struggling through the pandemic.\u00a0<\/span><\/p>\n Partnering to provide a lifeline to vulnerable borrowers<\/b><\/p>\n In such a financially challenging time, few could have predicted the record-setting activity that would unfold in the Canadian real estate market. Supply remained scarce in the housing market nationwide, pushing prices to historic highs – and the dream of home ownership out of reach for so many. At the same time, further tightening of mortgage lending guidelines left a growing number of borrowers shut out by traditional lenders and scrambling for options.<\/span><\/p>\n <\/p>\n With the investment products you\u2019ve entrusted with us \u2013 and facilitated through our mortgage broker partnerships – we\u2019ve provided a lifeline to those who would have been without options, and facing dire consequences. Together, we\u2019ve put more than $1 billion in the hands of Canadians to help them keep their homes, weather the storm of job loss and precarious employment, and chart a path out of financial hardship.\u00a0<\/span><\/p>\n Continuously innovating to provide compelling investment opportunities<\/b><\/p>\n From the very start, product and system innovations have enabled us to provide you with an exceptional investment experience \u2013 which will continue in the future. We implemented changes to create a completely digital lending process, and through open banking partnerships made the deal submission process faster and easier by removing the need to collect financial documents from borrowers.\u00a0<\/span><\/p>\n <\/p>\n At the same time, as multiple pandemic waves led to further lockdowns, we adapted our lending focus, taking a progressive approach to accommodate those who were laid off or out of work. This meant providing the option of prepaying mortgages for the whole term to give borrowers time to get back on their feet. We also increased the geographic diversification of our mortgage portfolio as remote working arrangements drove many Canadians to relocate to suburban and rural regions.\u00a0<\/span><\/p>\n <\/p>\n As a result, we attracted – and continue to attract – a higher volume and a broader array of deals from our broker community. This means we can not only offer you a deeper and more diverse range of investment options, but also deploy your capital with even greater speed \u2013 and with the same quality and due diligence you\u2019ve come to expect from us. With compelling yields along with risk mitigation and capital preservation benefits, it\u2019s no surprise mortgages have become one of the fastest growing alternative investments in Canada.<\/span><\/p>\n Looking ahead to a promising 2022\u00a0<\/b><\/p>\n![\"\"](\"https:\/\/canadianlending.ca\/investors\/wp-content\/uploads\/sites\/2\/2021\/12\/1200x628_YearInReview-Blank-14-Dec-212-1-e1639594839857.png\"){kind=spacer}
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