Press Releases
HomeEquity Bank launches powerful new series featuring real Customers and their inspiring stories of living 55 & Better!
Toronto, ON – June 5, 2025 – In celebration of Ontario Seniors Month, HomeEquity Bank is proud to launch a new series featuring real customers sharing their personal stories of the powerful impact of choosing a CHIP Reverse Mortgage. These stories, shared by the customers themselves, spotlight the very real and very human decisions aging Canadians face when it comes to aging in place. The “55 & Better” series features video interviews and personal stories of Canadians who have tapped into the equity and saving
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Aspirations to Age at Home Clash with Canada’s Economic and Health Care Realities
Canadians overwhelmingly (94%) value the work of PSWs, highlighting the importance of ensuring access and support for these essential caregivers The majority of Canadians 45+ want to age in their homes (90%), but few (13%) have planned for the PSW care that makes this possible Toronto, ON – May 16, 2025: New research commissioned by HomeEquity Bank, provider of the CHIP Reverse Mortgage, and conducted by Ipsos reveals Canadians aged 45 and over prefer to age in their homes, but few have proactively planne
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MedicAlert Foundation Canada and HomeEquity Bank announce new partnership to empower Canadians to age in place
Toronto – May 13, 2025 – HomeEquity Bank and MedicAlert Foundation Canada are pleased to announce a new partnership driven by our shared mission to empower Canadians to age securely and safely in place. As part of the partnership, HomeEquity Bank will match donations to MedicAlert by May 31 to help ensure Canadians have access to live-saving medical information when they need it the most. Donations help MedicAlert to continue to provide essential services, reach more families, and save more lives. An iconic Canadian c
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CHIP Mortgage Trust Issues $225 million of Medium Term Notes
Toronto, May 1, 2025 – CHIP Mortgage Trust ("CMT" or the "Trust") today announced that it has concluded the sale of $225 million of senior medium term notes (the "Notes"). The dealer syndicate for the sale was led by TD Securities and Scotiabank and included BMO Capital Markets, CIBC Capital Markets, National Bank Financial Markets and RBC Capital Markets. The Notes have a coupon of 3.967%, are rated AAA (sf) by DBRS Limited and have an expected final payment date of September 1, 2028. CMT will use the proceeds of thi
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Scam-Proof: Older Canadians Remain Sharp Against Rising AI Fraud Threats
Nearly 7 in 10 Canadians 55+ report being able to easily spot scams 77 per cent of Baby Boomers acknowledge the rapid advancement of AI technology and the continuous adaptation of scammers Ongoing education is critical to staying one step ahead of AI-enhanced scam strategies TORONTO – March 3, 2025 – A new survey from Ipsos and HomeEquity Bank, provider of the CHIP Reverse Mortgage, reveals Baby Boomers are more adept at detecting AI-driven scams than previously thought. The study highlights that nearly 7 in
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