- For the 2024-25 Fiscal Year, Premiere Canadian Mortgage Corp. reported a net annual return to shareholders of 9.13%.
- As of September 1, 2024, Premiere Canadian Mortgage Corp. (PCMC) and Classic Mortgage Corporation (Classic), both mortgage investment corporations (MIC), amalgamated with PCMC continuing as the successor entity.
- Effective September 1, 2025, the management company, Premiere Home Mortgage Ltd., d.b.a. Premiere Mortgage, was wholly acquired by Alta West Mortgage Capital Corporation (Alta West Capital). As part of this collaboration, Alta West Capital assumed management responsibilities for Premiere Canadian, effective March 6, 2026.
- From inception (1996) to the date of amalgamation, PCMC reported positive net annual returns to shareholders averaging 8.71% over the past 20 years (2005 – 2024). Similarly, Classic established in 2003, was also consistently profitable, generating an annual net return of 8.34% over the same 20 year period prior to amalgamation.
- As of August 31, 2024, the final annual net returns to shareholders (pre-amalgamation) for PCMC was 8.50% (12 months) and 8.80% for Classic (8 months).
Additional Investment and Portfolio Information
Historal Net Return to Shareholders – 2005 to 2025 Fiscal Years
Portfolio Anaylsis Report – 2025-25 Fiscal Year
Notice To Reader: There is no guarantee that the company’s future performance will match, or be similar to past performance, as circumstances and market conditions are constantly changing.