Canada Guaranty

About Canada Guaranty

On April 16, 2010, a Canadian private investor group, comprised of the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc., acquired AIG United Guaranty Mortgage Insurance Company Canada. This transaction created the only 100% Canadian-owned private mortgage insurance company, known as Canada Guaranty Mortgage Insurance Company (“Canada Guaranty”). 

The introduction of Canada Guaranty benefits lenders, mortgage professionals and consumers by fostering a competitive market dynamic and creating new choice among mortgage insurance providers. With a comprehensive range of products for loans above 80% loan-to-value, mortgage insurance from Canada Guaranty protects lenders and investors from losses related to borrower default and foreclosure. 

Canada Guaranty’s vision to be the leading private mortgage insurer is built on the following pillars: 

Financial Strength
As a Canadian-owned company, Canada Guaranty is supported by the leading financial strength, diversification and commitment of its ownership group. 

Service Excellence
Our experienced team of professionals is dedicated, passionate and committed to delivering solutions and service excellence to our mortgage and lending partners throughout Canada. 

CANADA GUARANTY’S OWNERSHIP GROUP

About Ontario Teachers’ Pension Plan 

The Ontario Teachers’ Pension Plan (“Teachers’”) is responsible for investing the pension fund and administering the pensions of Ontario’s 295,000 active and retired teachers. With $107.5 billion in net assets at December 31, 2010, Teachers’ is the largest single-profession pension plan in Canada. 

Teachers’ invests directly in private companies as part of its diversified investment program. It owns The Cadillac Fairview Corporation Ltd., one of North America’s largest investors, owners and managers of commercial real estate, and has controlling or significant interests in Alliance Laundry Systems, Aquilex Corporation, BluEarth Renewables Inc., Maple Leaf Sports & Entertainment Ltd., Easton-Bell Sports, Exal Group, INC Research LLC, General Nutrition Centers (GNC) Inc., National Bedding Company (Serta) and Simmons Bedding Company, among others.

For more information visit www.otpp.com

About National Mortgage Guaranty Holdings Inc.

National Mortgage Guaranty Holdings Inc. is a family owned, private holding company of Mr. Stephen Smith. Mr. Smith is also the president and co-founder of First National Financial LP and serves on a number of boards, including: 

• Metrolinx/GO Transit
• The Dominion of Canada General Insurance Company
• The Empire Life Insurance Company