Canadian retirement plans face life support without adequate home care
Survey: Canadians fear becoming a burden to families, but firmly want to stay in their homes Demand set to skyrocket for already stretched PSW services due to growth in ageing population HomeEquity Bank recognizes five Home Care Heroes to mark PSW Day 2023 TORONTO, May 15, 2023 – With PSW Day set for May 19, HomeEquity Bank, provider of the CHIP Reverse Mortgage, is sounding the alarm on the urgent need for more Personal Support Workers (PSWs) and in-home healthcare professionals to support Canada’s ageing
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HomeEquity Bank CFO Atul Chandra wins 2023 Report on Business Best Executive Award
Annual awards program from The Globe and Mail celebrates excellence among non-CEO leaders TORONTO, Apr. 19, 2023 - HomeEquity Bank, provider of the CHIP Reverse Mortgage, is delighted to announce that Executive Vice President & Chief Financial Officer (CFO), Atul Chandra, has been recognized as a recipient of the 2023 Report on Business magazine Best Executive Awards in the Finance category. This win for Chandra comes on the heels of the bank’s accolades in 2022, including being named by Waterstone Human Capital as
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Nominations now open for HomeEquity Bank’s annual Home Care Heroes Awards
Honouring Personal Support Workers’ Vital Impact on Canadians TORONTO, April 3, 2023 - HomeEquity Bank, provider of the CHIP Reverse Mortgage, today announced that nominations for the second annual Home Care Heroes Awards are officially open. The awards acknowledge the vital work that hundreds of thousands of Personal Support Workers (PSWs) and in-home healthcare professionals provide for Canadians who want to age in-place, something that HomeEquity Bank believes all Canadians should have the right to do. Building on t
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HomeEquity Bank total reverse mortgage portfolio exceeds $6 billion in 2022
Reverse mortgage originations surpass $1B for the second time TORONTO, Jan. 18, 2023 - HomeEquity Bank, provider of the CHIP Reverse Mortgage, reported more than $1 billion in reverse mortgage originations for 2022, making it the second year the bank has surpassed the billion-dollar mark. This milestone represents a 30 per cent increase over 2021. The value of the bank's total reverse mortgage portfolio under management now stands at $6.28 billon, further entrenching it as Canada's undisputed market leader. In 2022, the ban
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Waterstone Human Capital Names HomeEquity Bank to its Most Admired Corporate Cultures list for the First Time
TORONTO, ON, November 24, 2022 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to announce it has been recognized in the Waterstone Human Capital Most Admired™ Corporate Cultures list for the first time. Canada’s Most Admired Corporate Cultures is a national program, now in its 19th year, that annually recognizes best-in-class Canadian organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. HomeEquity Bank was named to the list in the Mid
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