Toronto, ON, September 25, 2026 – HomeEquity Bank, Canada’s original and leading provider of reverse mortgages, is proud to announce it has been recognized in the Report on Business ranking of Canada’s Top Growing Companies for the sixth time.
Assessed on three-year revenue growth, HomeEquity Bank earned its spot after reporting over $1 billion in reverse mortgage originations for the fifth consecutive year, achieving 108% growth since 2022. As of December 2025, HomeEquity Bank’s reverse mortgage portfolio under management exceeded $10 billion, reflecting the growing demand from older Canadians seeking to access their home equity in retirement.
As Canada’s population continues to age, more homeowners are looking for flexible ways to strengthen their financial plans without leaving the homes and communities they love. With nearly one in three Canadians now aged 55 or older, and many facing increasing costs in retirement, home equity is becoming an increasingly important source of financial flexibility.
“Being recognized as one of Canada’s Top Growing Companies for a sixth time reflects both the strength of our business and the growing need for innovative retirement financing solutions in Canada,” said Yvonne Ziomecki-Fisher, Chief Customer, Brand and Advice Officer at HomeEquity Bank. “Behind this growth are thousands of Canadians who are redefining what retirement looks like. We are proud to empower them with greater financial confidence.”
“The Globe and Mail congratulates the winners of Canada’s Top Growing Companies 2026 on this exceptional achievement” says Andrew Saunders, president and CEO of The Globe and Mail. “Each of these organizations has shown an extraordinary ability to adapt, innovate and grow amid ongoing change. Their achievements reflect the ingenuity and determination of Canadian entrepreneurs and business leaders who are helping shape the future of our economy.”
About HomeEquity Bank
HomeEquity Bank is a Schedule 1 Canadian Bank offering a range of reverse mortgage solutions including the flagship CHIP Reverse Mortgage™ product. The company was founded more than 35 years ago to address the financial needs of Canadians who wanted to access the equity of their top asset – their home. The Bank is committed to empowering Canadians aged 55 plus to live the retirement they deserve, in the home they love. HomeEquity Bank is a portfolio company of Ontario Teachers’ Pension Plan Board, a global investor that delivers retirement income for 340,000 current and retired teachers in Ontario. For more information, visit www.chip.ca.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.1 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.7 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.