About 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. At that time, 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 more choice among mortgage insurance providers. With a comprehensive suite of products, mortgage insurance from Canada Guaranty protects lenders and investors from losses related to borrower default and foreclosure.


Canada’s leading private mortgage insurer.

  • Canada Guaranty is dedicated to earning our partners’ business by delivering best-in-class service in all of our interactions.
  • Regionally-based relationship managers, underwriters and risk experts are empowered to make local market decisions.
  • In an evolving housing market, we deepen our customer relationships by being a consultative business partner and a key source of industry knowledge.


 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.

 Prudent Risk Appetite
Partnering with high quality lenders and combining superior analytics with sound underwriting to ensure borrowers have the willingness and ability to stay in their homes, long term.

 Financial Strength
Canada Guaranty is a strongly capitalized Canadian-owned company supported by the superior financial strength and commitment of its 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 331,000 active and retired teachers. With $221.2 billion in net assets, Teachers’ is the largest single-profession pension plan in Canada.

Teachers’ invests directly in private companies as part of its diversified investment program. It currently 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 CPG International, Riverbed Technology, 24-Hour Fitness, Infiltrator Systems, Heartland Dental Care, Shearer’s Foods, and BroadStreet Partners, among others.

For more information, please 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 Chairman, Chief Executive Officer and Co-Founder of First National Financial LP, and serves on a number of boards, including:

  • The C.D. Howe Institute
  • Empire Life Insurance Company
  • The Historica-Dominion Institute
  • Royal Ontario Museum