A commitment to sustainability sees thousands of trees planted, one loan at a time
MCAN Financial Group has announced that it has contributed to the planting of more than 25,000 trees across Canada since 2022 through its partnership with One Tree Planted, a non-profit organization focused on global reforestation efforts.
Through its tree planting program, MCAN plants four trees for every mortgage it funds via its residential lending subsidiary, MCAN Home. These trees represent different stakeholders: the client, the broker partner, the community, and MCAN’s team. The company, recently recognized as one of Waterstone’s Most Admired Corporate Cultures, highlighted that the program aims to support reforestation efforts, particularly in areas affected by wildfires and deforestation.
“We’re proud of the continued success of our tree planting initiative,” said Derek Sutherland, interim CEO of MCAN. “We understand the value of growth—whether it’s in supporting Canadians through the opportunity of homeownership or nurturing our environment. By planting trees for every mortgage we fund, we are contributing to a sustainable future.”
MCAN employees have also taken an active role in tree planting events. In 2024, team members, including Misty Tarallo (pictured, left) and Duane Chanderbhan (pictured, right), participated in reforestation efforts at Wanita Park and Goldhawk Park, respectively, in Toronto. The City of Toronto held a tree planting event in May 2024, the news release noted.
“With MCAN’s commitment to giving back to the environment by planting trees, we are restoring Canadian forests, creating habitat for biodiversity, and making a positive social impact,” said Hannah E., director at One Tree Planted. “We are grateful for their support, which is a great example of how businesses can give back to the planet.”
Avish Buck, senior vice president and chief operating officer at MCAN Financial Group and president of MCAN Home, emphasized the company’s long-term vision: “Through our tree planting program, we are taking purposeful steps to make a positive environmental impact and foster sustainable growth across Canada. It’s about creating a better tomorrow for everyone—clients, brokers, communities, and our team.”
MCAN Financial Group, a publicly traded company on the Toronto Stock Exchange, specializes in investing in Canadian mortgages, construction financing, and real estate investments.
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