Karen Martin

Karen Martin, CPA, CA, CFA

Toronto, Ontario, Canada
Director since May 2024

Ms.  Martin  is  an  independent  corporate  director  in  the  financial  services  sector.    In addition  to  MCAN  Mortgage  Corporation,  Ms.  Martin  serves  on  the  boards  and  audit committees  of  specialty  finance  company  ECN  Capital  (TSX:ECN),  the  network management  services  platform  for  the  mortgage  and  insurance  industries  Real  Matters Inc. (TSX:REAL), and online financial technology company, Propel Holdings (TSX:PRL).  Ms. Martin served in senior executive management, treasury and finance positions in growing and  complex  public  and  private  financial  services  companies  for  over  35  years.    Ms. Martin’s roles included Interim Chief Financial Officer of NorthWest Healthcare Properties REIT (TSX:NWH) ( Nov 2023- April 2024); EVP & Treasurer (2012 – 2019) at Element Fleet Management  (TSX:EFN)  where  she  oversaw  the  balance  sheet  growth  from  under  C$1 billion  in  mid-2012  to  C$18  billion  in  2019  and  successfully  managed  the  company’s transition  from  a  non-investment  grade  company  to  an  S&P  investment  grade  rated organization.    Other  roles  included  senior  positions  at  Xceed  Mortgage  Corporation  and Canadian Imperial Bank of Commerce.

Ms.  Martin  holds  the  professional  independent  director  designation  (ICD.D)  from  the Institute of Corporate Directors.