Mortgage default insurer Canada Guaranty is a Canadian turnaround story, and it’s starting to get mainstream attention. (This Globe & Mail story is one example.)
Last week, we had a good chat with its president and chief executive officer, Andy Charles. Andy spoke candidly about:
- Why lenders send business to Canada Guaranty
- The impact of CMHC’s pullback from the bulk insurance market, and
- How investors should view Canada Guaranty compared to its competitors.
That interview follows here…
(Length: 8 min., 45 sec.)
Interview transcript: Canada Guaranty – President and CEO, Andy Charles