HomeEquity Bank to be acquired by Ontario Teachers’. Learn more.

The Globe and Mail Names HomeEquity Bank in the Ranking of Canada’s Top Growing Companies for a second time

TORONTO, Sept 29, 2021 – HomeEquity Bank is pleased to announce it has been recognized in the third annual Report on Business ranking of Canada’s Top Growing Companies.

Assessed on three-year revenue growth, HomeEquity Bank earned its spot in the ranking with three-year growth of 102 per cent.

“To be recognized again as one of Canada’s Top Growing Companies is testament to the success of our business strategy and to the amazing work of our talented team. We are excited to continue growing with our customers and empower more Canadians aged 55 plus to retire on their terms,” said Steven Ranson, CEO HomeEquity Bank.

“Any business leader seeking inspiration should look no further than the 448 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”

“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”

About HomeEquity Bank

HomeEquity Bank is a Schedule 1 Canadian Bank offering the CHIP Reverse Mortgage solution. The company was founded more than 30 years ago as an annuity-based solution addressing the financial needs of Canadians who want to access the equity of their top asset – their home. HomeEquity Bank is committed to empowering Canadians aged 55 plus to live the retirement they deserve, in the home they love.

Ranked by Report on Business as one of Canada’s Top Growing Companies for two years, HomeEquity Bank is recommended by The Canadian Association of Retired Persons (CARP) and The Royal Canadian Legion. CARP is Canada’s largest advocacy association for older Canadians promoting equitable access to health care, financial security, and freedom from ageism. The Royal Canadian Legion is Canada’s largest Veteran support and community service organization, honouring those who have served our nation.

About Canada’s Top Growing Companies

Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking.

The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online here.

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 award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s 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.

For further information:

Yvonne Ziomecki, Executive Vice President, Marketing & Sales yziomecki@heb.ca, 647-723-6812