Established in 1993, Manulife Bank of Canada (Manulife Bank) was the first federally regulated bank opened by an insurance company in Canada. It is a Schedule l federally chartered bank and a wholly-owned subsidiary of Manulife Financial, one of Canada's leading financial institutions.
Today, Manulife Bank serves clients across Canada in all provinces and territories. With a high-quality loan portfolio, the majority of loans being in residential mortgages, Manulife Bank is a profitable and well-capitalized organization.
A failing grade for the stress test
School’s out – and the stress test in its current form should be, too, writes Joe Jacobs
Federal political parties' housing platforms
The October 21 election is fast approaching, so MortgageBrokerNews.ca put together a primer of where the major federal parties stand on housing
Canada is 'a tale of two countries'
The chasm between western and eastern Canada is best reflected in their respective real estate markets
Does the stress test need to be amended?
Angela Calla of DLC-Angela Calla Mortgage Team says that the stress test should never have been introduced in the first place, adding it was implemented without proper industry consultation
Industry weighs in on Scheer's proposed amortization, B-20 amendments
If interest rates go up as expected, amortization periods may need to increase
PwC forecasts 2020 commercial market
Canada's industrial sector will be buoyant next year with continued vacancy lows in major markets
Are you being taken advantage of?
If you haven’t read the fine print, you might be getting shortchanged on your commission split and fees, writes Sarah Colucci
GTA buyers pay six-figure home taxes
Buyers expect to spend six figures on a home, not the home's taxes
DLC readies to bulldoze competition
Gary Mauris explains why the next five years will be the most pivotal in DLC's history, and what he has up his sleeve to empower his agents and owners to blow their rivals out of the water
How divorces affect mortgages
They say about half of all marriages end in divorce—whatever the figure, complications arise when it comes to dividing assets like homes, and determining who keeps making mortgage payments