While Canada's housing market is already starting to cool in the short term as a result of the Bank of Canada raising its benchmark interest rate, some mortgage experts are questioning how much long-term impact the move will really have.
Dominion Lending Centres Inc. Best Media / Marketing Campaign of the Year Best Newcomer Brokerage (DLC Valko Financial) Regional Brokerage of the Year BC – (DLC White House Mortgages) Newton Connectivity Systems Inc. Mortgage Centre Canada Inc. Regional Brokerage of the Year Alberta (MMG Mortgages)
Eddy Cocciollo, President of Dominion Lending Centres Inc., noted: On behalf of the entire DLC team, we d like to thank all of our owners and mortgage professionals for all of their hard work in 2020. Being named the National Network of the Year is extra special given all of the challenges that this last year presented. I d also like to congratulate DLC Valko Financial and DLC White House Mortgages, along with our VP of Marketing, Kate Brady and her team for winning the Best Marketing Campaign award.
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CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) Founders Advantage Capital Corp. (TSXV:FCF) ( FAC or the Corporation ) is pleased to announce the following results from its special meeting of shareholders (the Meeting ) held earlier today:
99.98% of the votes cast at the Meeting were in favour of the Corporation completing the proposed acquisition of Dominion Lending Centres pursuant to the purchase agreement dated October 5, 2020 (the Proposed Acquisition Resolution );
99.96% of the votes cast at the Meeting were in favour of the Corporation completing the proposed Inversion Right Termination Transaction pursuant to the purchase agreement dated October 5, 2020 (the Inversion Right Termination Resolution );
99.96% of the votes cast at the Meeting were in favour of the Corporation completing the proposed private placement of 4,285,714 class A common shares at a price of $1.75 per share (the Private Placement Resolution ); and