Morrison Financial

Morrison Financial has recently closed a first-mortgage refinance and working capital facility to advance a land redevelopment in Stratford, Ontario.

The 9.93-acre site is draft plan approved for 76 residential units - a mix of detached and semi-detached homes, townhomes, and low-rise apartments. It sits within an established neighbourhood alongside existing subdivisions, an active construction site, and commercial amenities.

The borrowing group brings extensive land redevelopment experience across southwestern Ontario, with a track record of successful projects in the immediate area. Proceeds refinance the existing first mortgage and fund development costs as the sponsor progresses site servicing, with an exit through the sale of serviced land to builders.

This is the kind of file we're built to move on: well-located land, entitlement progress in place, and an experienced sponsor with a clear path to ex*****on.

Reach out if you would like to hear more about similar lending or investment opportunities.

Celebrating Canada Day and the Canadian investors, borrowers, and partners we've been proud to serve since 1987. Happy July 1st from the Morrison Financial team.

When was the last time you reviewed what's actually in your RRSP?

For many Canadians, the account was set up years ago, often at a bank, and continues to hold the mutual funds selected when it was first opened. Decades pass. The holdings rarely change.

For investors approaching retirement, the more useful question isn't whether to keep contributing. It's whether what's already in there is still the right fit.
Our latest article looks at one part of that question that rarely comes up in standard bank reviews: what an RRSP can legally hold beyond mutual funds, why interest income is well-suited to a registered plan, and what investors should ask before adding a private mortgage fund to a retirement portfolio.

The carousel above covers the key points. Full article in the comments.

Morrison Financial recently completed financing for three condominium corporations across Alberta and Ontario, totalling $2.2M. The loans support a range of capital needs from major exterior and balcony repairs to reserve fund replenishment. Each loan was structured around the corporation's reserve fund study, repair timeline, and unit-owner affordability - providing condominium boards with an alternative to large one-time special assessments.

Learn more about our condominium corporation loans at https://morrisonfinancial.com/condo-term-loans/



Learn more about a funded condominium corporation - https://morrisonfinancial.com/mortgage-lending/funded-mortgage-loans/

Ontario's enhanced HST rebate removes the full 13% HST on qualifying new homes for a 12-month window - up to $130,000 back for first-time buyers, move-up buyers, and investors.

The mechanics matter more than the headline. The rebate doesn't reduce builder revenue; it shifts the tax carry from buyer to government, letting developers lower advertised prices without compressing margins. On a $1,000,000 home, that's roughly $106,000 of buyer savings funded entirely by the rebate.

But eligibility hinges on three hard dates: APS signed between April 1, 2026 and March 31, 2027; construction started by December 31, 2028; substantial completion by December 31, 2031 (or December 31, 2029 for owner-built homes). Miss any of them and the rebate collapses to the legacy $24,000 cap.

Our full breakdown - including how lenders should be underwriting projects priced off the enhanced rebate - is on the blog: https://morrisonfinancial.com/ontarios-enhanced-hst-rebate-what-it-means-for-developers-buyers-and-lenders/

Consistent performance begins with careful underwriting. Our latest fund results for period ending Q1 2026 continues to reflect that discipline in practice.

12-month trailing compounded returns as of month ending March 2026:

Junior Fund - 9.27%
Senior Fund - 7.12%

Asset-backed, privately structured, and focused on long-term reliability.

For information, please contact Tarik Ansara — 📧 [email protected]

Disclaimer:

This post is for information purposes only and does not constitute a solicitation to buy or an offer to sell securities, nor shall it form the basis of an act as any inducement to enter into a contract or commitment. Any offering is made only pursuant to the relevant offering documents, all of which must be read in their entirety. Introductions are permitted exclusively through registered dealers. Morrison Financial has retained Belco Private Capital (“Belco”) an exempt market dealer. For offering documents and subscription information, and to discuss whether this investment is suitable for you, please contact Tarik Ansara, a registered dealing representative with Belco, at [email protected].

The Morrison Financial Mortgage Income Funds are managed by a team that has been active in Canadian real estate finance since 1987. In the Company’s almost four decades history, it has earned the trust of a wide variety of investors. Not only has it successfully managed investments from smaller, individual clients, but also some of Canada’s largest financial institutions and asset managers.

By applying the same conservative risk management approach across everything it does - it has been able, not only to protect capital, but also to generate attractive and stable sources of income for its investors.

The business of charging interest on mortgages secured by real estate is nothing new or exciting. It is a tried-and-tested strategy that relies on the manager's experience and discipline.

Morrison Financial

Ontario's condo infrastructure is aging faster than reserve funds can keep up. Construction costs have consistently outpaced CPI, and the regulatory environment around reserve fund adequacy is only getting more prescriptive. The gap between what's in the fund and what a major repair actually costs has to be funded - the question is how.

Special assessments have always been the default. But a large lump-sum call on short notice puts real pressure on unit owners - and boards are increasingly looking for alternatives. Condominium corporation loans distribute that cost across time, aligning repayment with the useful life of the asset. We break down how it works, what the legal framework looks like, and what boards should weigh as they determine next steps.

Warmest Easter wishes from all of us at Morrison Financial. As we celebrate this season of new beginnings, we are grateful for the strong partnerships we’ve built together. Wishing you and your family a wonderful holiday filled with peace and joy.