HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	MARCH LEVELS
Volume of MLS® Home Listings		-0.07%	73,220
Volume of MLS® Home Sales		3.26%	40,356
Average MLS® Sale Price (Canada)		-1.59%	$367,821
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (March 2012)		-0.20%	7.20%
GDP (January 2012)		0.10%	N/A
Retail Sales (January 2012)		0.50%	N/A
Consumer Price Index (February 2012)		2.60% (Year‐to‐year, February)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.00%	5.24%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results. Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

Having held a variety of progressively senior positions at the Bank of Montreal, Mr. Gergley-Garner brings a wealth of risk management experience to the organization. His diverse background includes customer and risk analytics, capital and portfolio management, economic and regulatory capital allocation, and credit cards portfolio management, among others. Mr. Gergley-Garner most recently served as the Director of Risk Methodology and Analytics for Consumer Banking at BMO Financial Group. 

Please join us in welcoming Mr. Gergley-Garner to Canada Guaranty.

*To read Mr. Gergley-Garner’s complete biography, please click here.

TORONTO (April 4, 2012) – Canada Guaranty announced today that its comprehensive suite of mortgage default insurance products is now available through Scotiabank. The companies’ shared commitment to delivering service excellence is demonstrated through a dedication to offering Canadian borrowers a variety of mortgage solutions that promote greater opportunities for successful homeownership.  

“Canada Guaranty is delighted to partner with Scotiabank and looks forward to supporting its multiple origination channels grow their business,” said Andy Charles, President and CEO of Canada Guaranty. “For Canada Guaranty, a 100% Canadian private mortgage insurer, this partnership represents a tremendous opportunity for significant growth within the marketplace.”

“We are pleased to introduce Canada Guaranty as our newest mortgage default insurer and a key partner to support our continued success and growth in the industry,” said John Webster, Head, Real Estate Secured Lending and Scotia Mortgage Authority, Scotiabank. “Canada Guaranty offers additional choice to our business teams by providing more solutions to support our customers’ diverse needs.”

To learn more about the products and services available through Canada Guaranty and Scotiabank, please visit their websites at: www.canadaguaranty.ca and www.scotiabank.com

About Canada Guaranty Mortgage Insurance Company

As the only 100% Canadian-owned private mortgage default insurer, Canada Guaranty Mortgage Insurance Company is backed by the leading financial strength of its ownership group, comprised of the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc. Working with industry partners to promote greater access to sustainable homeownership, Canada Guaranty offers mortgage and lending professionals improved choice through service excellence and a comprehensive suite of mortgage default insurance solutions. With headquarters in Toronto and a growing team providing national coverage, Canada Guaranty remains committed to meeting the diverse needs of homebuyers across the country. For more information, please visit: www.canadaguaranty.ca

About Scotiabank

Scotiabank is one of North America’s premier financial institutions and Canada’s most international bank. With more than 77,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets above $637 billion (as at January 31, 2012), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For more information or media inquiries, please contact:  

Andrew Charles
President & Chief Executive Officer
Canada Guaranty Mortgage Insurance Company
416.640.8931 | andrew.charles@canadaguaranty.ca   

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	FEBRUARY LEVELS
Volume of MLS® Home Listings		2.89%	73,268
Volume of MLS® Home Sales		2.06%	39,084
Average MLS® Sale Price (Canada)		3.09%	$373,749
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (February 2012)		-0.20%	7.40%
GDP (December 2011)		0.40%	N/A
Retail Sales (November 2011)		-0.20%	N/A
Consumer Price Index (January 2012)		2.50% (Year‐to‐year, January)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		-0.05%	5.24%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results. Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	JANUARY LEVELS
Volume of MLS® Home Listings		-1.75%	71,210
Volume of MLS® Home Sales		-3.64%	38,294
Average MLS® Sale Price (Canada)		1.14%	$362,556
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (January 2012)		0.10%	7.60%
GDP (November 2011)		-0.10%	N/A
Retail Sales (November 2011)		0.30%	N/A
Consumer Price Index (December 2011)		2.30% (Year‐to‐year, December)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.00%	5.29%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results. Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

TORONTO (January 30, 2012) – Canada Guaranty announced today that its full suite of mortgage insurance products is now available through ING DIRECT. Both Canada Guaranty and ING DIRECT are committed to ensuring Canadians benefit from greater access to affordable homeownership through a variety of mortgage insurance solutions.

“Canada Guaranty is focused on continued growth through the pursuit of quality partnerships and we are delighted to have the opportunity to work with ING DIRECT,” said Andy Charles, President and CEO of Canada Guaranty. “We look forward to supporting their commitment to helping more Canadian homebuyers ‘unmortgage’ their homes sooner.”

“ING DIRECT has always been dedicated to improving the mortgage experience for Canadians,” said Mark Kocaurek, Chief Lending Officer, ING DIRECT. “With solutions now available through Canada Guaranty it means we can continue to offer our clients increased choice and service for affordable home ownership.”

“Having access to regional Account Executives represents an important resource for our team,” added Kim Luxton, Director, Broker Sales at ING DIRECT. “Through the personalized support and essential training offered by Canada Guaranty, we continue to ensure our brokers and clients benefit from enhanced service and solutions.”

To learn more about the products and services available through Canada Guaranty, please contact your dedicated Account Executive or speak with a member of our National Underwriting Team at 1.877.244.8422.

-30-

For more information, please contact:

Maria Pimenta 
Senior Vice-President, Sales & Marketing
Canada Guaranty Mortgage Insurance Company
416.640.8937 | maria.pimenta@canadaguaranty.ca

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	NOVEMBER LEVELS
Volume of MLS® Home Listings		-3.70%	70,048
Volume of MLS® Home Sales		0.20%	38,897
Average MLS® Sale Price (Canada)		0.00%	$363,536
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (November 2011)		0.10%	7.40%
GDP (September 2011)		0.20%	N/A
Retail Sales (September 2011)		1.00%	N/A
Consumer Price Index (October 2011)		2.90% (Year‐o‐year, October)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.00%	5.29%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results. Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	OCTOBER LEVELS
Volume of MLS® Home Listings		0.26%	72,739
Volume of MLS® Home Sales		1.26%	38,819
Average MLS® Sale Price (Canada)		0.65%	$363,504
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (October 2011)		0.20%	7.30%
GDP (August 2011)		0.30%	N/A
Retail Sales (August 2011)		0.50%	N/A
Consumer Price Index (September 2011)		3.20% (Year‐o‐year, September)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.10%	5.29%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results; Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	SEPTEMBER LEVELS
Volume of MLS® Home Listings		0.79%	72,552
Volume of MLS® Home Sales		3.29%	38,337
Average MLS® Sale Price (Canada)		-0.42%	$361,145
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (September 2011)		-0.20%	7.10%
GDP (July 2011)		0.30%	N/A
Retail Sales (July 2011)		-0.60%	N/A
Consumer Price Index (August 2011)		3.10% (Year‐o‐year, August)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		-0.20%	5.19%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results; Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC

HOUSING INDICATORS*	DIRECTION	% CHANGE (vs. last month)	AUGUST LEVELS
Volume of MLS® Home Listings		-0.60%	71,985
Volume of MLS® Home Sales		-0.84%	37,177
Average MLS® Sale Price (Canada)		0.06%	$362,652
ECONOMIC INDICATORS**	DIRECTION	% CHANGE (vs. last month)	RATES
Unemployment Rate (August 2011)		0.10%	7.30%
GDP (June 2011)		0.20%	N/A
Retail Sales (June 2011)		0.70%	N/A
Consumer Price Index (July 2011)		2.70% (Year‐o‐year, July)	N/A
FINANCIAL INDICATORS	DIRECTION	% CHANGE (vs. last month)	RATES
Prime Rate**		0.00%	3.00%
5 Year Fixed Posted Mortgage Rate***		0.00%	5.39%

MLS® is a registered certification mark owned by The Canadian Real Estate Association.
*Seasonally adjusted month-to-month results; Source: The Canadian Real Estate Association
** Source: Statistics Canada
*** Source: RBC