This episode we bring on a very special 2nd guest, Colin Johnston SVP with VCI Vault Capital Inc. Currently Vice President of sales in BC, Colin has carried very impressive roles in the Canadian mortgage space over the last 30 years. Director of HSBC Finance, Director of Manulife One and then Vice president at Chip Home Equity Loan (reverse mortgages). Colin has an amazing mix of experience within the mortgage space. From working with A Lenders to doing reverse mortgages and now solely focusing on private mortgages, Colin brings on a wealth of knowledge. This range of experience in A lending, B lending and private lending is definitely priceless. The education dropped on this episode speaks for itself. We talk about how the stress test makes no more sense and Bank of Canada's questionable decisions over the past few years. But talk in depth about what's happening in the private lending space, from the consumers carrying them and the lenders that provided them. Did you know that a MIC (Mortgage Investment Corp) was founded and born in British Columbia? BC is Home of the MIC Listen to the full episode to learn everything about private lending. 

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We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!