The Group's principal activity is to provide residential mortgage financing through its wholly owned subsidiary Equitable Trust to purchasers of multi-unit residential buildings and single family dwellings. The Group accepts deposits from the public by issuing Guaranteed Investment Certificates and pays interests on deposits held through its wholly owned subsidiary, Equitable Trust. The Group also funds Canadian Mortgage Housing Corporation insured mortgages originated through brokerage partnership across Canada and securitize under a national program through Equitable Trust.
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