MCAP Blog

Property taxes are one of the most predictable costs of homeownership, and also one of the most misunderstood. They fund essential services in the community, but the way they are calculated, billed, and adjusted can vary widely depending on where you live. Without a clear understanding of how property taxes work, homeowners can be caught off guard by unexpected bills, penalties, or missed savings opportunities.

From the MCAP call centre to his current role as Senior Director of the Financial Intelligence Unit & Chief Anti-Money Laundering Officer, Morgen Cookson has had a long and dynamic career with MCAP. His role, and that of his team, plays a vital part in MCAP’s continued success and security. As Morgen explains, “our role extends beyond compliance — we help ensure that the business MCAP conducts is resilient, well-governed, and positioned for sustainable growth.”

Diana’s career has grown significantly during her tenure with MCAP. From her start as Manager of Underwriting to her current role as Director, she has had the privilege to grow and develop while helping those around her do the same. “The underwriting teams I have developed, and a strong broker network, are my two biggest advocates,” Diana shares. “The Quebec teams share knowledge, and they challenge each other. The team is deeply rooted in a culture of trust, making mentorship and coaching an enjoyable part of my role.”

Before moving forward, here are five essential questions every borrower should ask when exploring a commercial mortgage.

For most Canadians, their home is their largest financial investment — and increasingly, it has become a target for fraudsters. As financial crime tactics grow more sophisticated, mortgage and real estate fraud continues to evolve, putting homeowners at risk in ways that aren’t always obvious. Fraud Prevention Month is an important reminder to stay informed, recognize warning signs early, and take simple steps to protect your home and financial well-being.