Street Capital Bank of Canada terminated all affinity programs in mid-march of this year when they ceased marketing their program. However, Street Capital Bank of Canada has assured us they will honour any existing agreements or applications existing pipeline or generated between before 1 June 2018.
Fortunately, Janice Moran, our previous relationship manager with Street Capital, has moved to Main Street Mortgages. The CMEA has signed a new affinity contract with Main Street Mortgages with the same terms. Not only does this reduce costs to our members, but it returns a small dividend to the Association.