How We Got Here

1986

Canadian Home Income Plan Corporation is founded in Vancouver, BC.
1986

Canadian Home Income Plan Corporation is founded in Vancouver, BC.
by William Turner.

2001

The Canadian Home Income Plan expands to Ontario and Alberta. It’s eventually offered in every province.

2002

HomeEquity Income Trust is listed on the Toronto Stock Exchange (TSX), and is publicly traded as the stock symbol HEQ.UN

2009

HomeEquity Bank becomes a Chartered Bank trading under the symbol HEQ. On October 13th, 2009, HomeEquity Bank is recognized as a Schedule 1 Canadian Bank.

2012

HOMEQ Corporation announces the closing of an arrangement involving HOMEQ and Birch Hill Equity Partners. Birch Hill indirectly acquires all outstanding common shares.

2013

HomeEquity Bank introduces Income Advantage. An opportunity for Financial Planners and Investment Advisors to work with their clients to develop a comprehensive retirement plan, inclusive of assets in their portfolio (investments, pensions and home equity).

2014

The name changes to CHIP Reverse Mortgage. HomeEquity Bank continues to offer CHIP across Canada to homeowners 55 and over. With regional offices across Canada, HomeEquity Bank works hard to help Canadian homeowners live a safe and secure retirement.

2018

HomeEquity Bank rebrands itself with the name changing from HomEquity Bank to HomeEquity Bank. The CHIP Reverse Mortgage is still offered to Canadian homeowners 55 and over. It continues to give them the safety and security they deserve when they retire, and helps them stay in the home they love. Because there’s no retirement like home.

1986

Canadian Home Income Plan Corporation is founded in Vancouver, BC.
2001

The Canadian Home Income Plan expands to Ontario and Alberta. It’s eventually offered in every province.

2009

HomeEquity Bank becomes a Chartered Bank trading under the symbol HEQ. On October 13th, 2009, HomeEquity Bank is recognized as a Schedule 1 Canadian Bank.

2013

HomeEquity Bank introduces Income Advantage. An opportunity for Financial Planners and Investment Advisors to work with their clients to develop a comprehensive retirement plan, inclusive of assets in their portfolio (investments, pensions and home equity).

2018

HomeEquity Bank rebrands itself with the name changing from HomEquity Bank to HomeEquity Bank. The CHIP Reverse Mortgage is still offered to Canadian homeowners 55 and over. It continues to give them the safety and security they deserve when they retire, and helps them stay in the home they love. Because there’s no retirement like home.

1986

Canadian Home Income Plan Corporation is founded in Vancouver, BC.
by William Turner.

2002

HomeEquity Income Trust is listed on the Toronto Stock Exchange (TSX), and is publicly traded as the stock symbol HEQ.UN

2012

HOMEQ Corporation announces the closing of an arrangement involving HOMEQ and Birch Hill Equity Partners. Birch Hill indirectly acquires all outstanding common shares.

2014

The name changes to CHIP Reverse Mortgage. HomeEquity Bank continues to offer CHIP across Canada to homeowners 55 and over. With regional offices across Canada, HomeEquity Bank works hard to help Canadian homeowners live a safe and secure retirement.