Karen Weaver, MCAN Mortgage Corporation/XMC Mortgage Corporation

Karen Weaver, MCAN Mortgage Corporation/XMC Mortgage Corporation

President and CEO

MCAN Mortgage Corporation/XMC Mortgage Corporation

Karen Weaver has nearly 30 years of experience in real estate, technology and financial services. She has served as CFO for numerous North American financial institutions, including Brookfield and First Capital, where she developed deep insights into how emerging markets, trends and technology impact the Canadian real estate markets.

Weaver was named the first female president and CEO of MCAN earlier this year and helped to launch XMC, MCAN’s residential mortgage channel, which has quickly become a broker favourite for partnership and client experience. “We want to be the preferred mortgage lender and investor in our chosen markets,” Weaver says.

She is focused on cultivating a positive and collaborative team culture – an approach that has earned her the trust and respect of team members. “She consistently seeks feedback on how to make things better, [and] you can take her ‘open door policy’ literally,” a colleague says.

Outside of MCAN, Weaver serves as a trustee and audit committee member of the NorthWest Healthcare Properties REIT board. She also serves on the board of MCAP Commercial LP and MCAN Mortgage Corporation.

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