Equimor Mortgage Investment Corporation  
 

CASH Investment

A cash investment may be made either at EMIC's office or by mail.  You must complete the Subscription Form included with the Offering Memorandum and forward with your certified cheque or bank draft payable to Michael Woods "In Trust" to our office at unit 203, 120 Traders Boulevard E., Mississauga, Ontario, L4Z 2H7.  Mr. Woods is a solicitor in good standing in Ontario and as such all funds received are insured under the Law Society of Upper Canada's Indemnity Fund.

RRSP and RRIF Investment

An investment in EMIC may be made through your self-directed RRSP or RRIF account. The process is very simple.

Here is how it works:

  • If the investment is an original investment that you wish to contribute to your RRSP or RRIF account in the "current" taxation year, the easiest way is to make the contribution directly to EMIC by way of cash or cheque at EMIC's office, and direct EMIC to register the investment certificate in the name of your RRSP/RRIF Trustee. EMIC will require your plan number and name and address of your Trustee, and will then forward the investment certificate to your Trustee, where it will be placed in your RRSP or RRIF account.
  • To invest funds already in your RRSP or RRIF account, the appropriate amount of your investment(s) will have to be converted to cash (unless there are sufficient funds already in your RRSP or RRIF cash account), and then invested in EMIC.
  • In any case, you must have a Self-Directed RRSP or RRIF. If your RRSP or RRIF is not self-directed, the process involves instructing your Trustee to create a self-directed plan for you. You are now ready to make a EMIC investment.

If you have any questions on this process, please do not hesitate to contact us by phone or email.

 

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