BEE Mortgage Inc., a tech savvy full-service brokerage which operates on an advanced Proptech platform, joined its forces with Canada’s most respected VERICO Canada network. BEE Mortgage Inc. is operating on the RIFO platform, which includes dedicated real estate brokers, legal advisors, homes improvement services, that complete thousands of transactions from west to east coast of Canada every year. This partnership is a significant milestone for BEE Finance Group Inc., a rapidly growing Canadian financial technology services company which owns BEE Mortgage Inc.
“We are pleased to welcome Bee Mortgage Inc. to the VERICO network. Principal Broker and Chief Compliance Officer, Howard Brand, under the leadership of Charles Jiang, Chair and CEO, will be a force within the industry. VERICO’s business model was especially attractive to their leadership team as it allows them to continue to build their brand, their way while leveraging the tools and expertise available to the licensees within the network,” says W. Mark Squire, President of VERICO Canada.
“Through our partnership with VERICO we will dramatically increase the ability of BEE Mortgage to provide customers with the best possible results; combining companies whose great technology, people and branding are leaders in the mortgage, proptech and fintech industries,” adds Robert Fotheringham, Director, Board of Directors of BEE Mortgage Inc. and RIFO Holding Group Inc.
“We chose VERICO because of the strong support from the top executives, the flexibilities in branding options, and the technology that will support our future business growth,” adds Charles Jiang, CEO and Chairman of BEE Mortgage Inc.
Part of Canada’s undisputed #1 in origination, the M3 Group, the VERICO network prides itself of growing with like-minded entrepreneurs who reflect our core values of excellence, integrity professionalism and ethical standards. The new partnership created between VERICO and BEE Mortgage Inc. is a reflection of the mutual commitment to these core values that sets VERICO firms apart in the industry.
About BEE Mortgage Inc. Executive Team
Robert Fotheringham has previously served as a Director on a number of public and private company Boards. Mr. Fotheringham served on the Board of Directors for The Canadian Depository for Securities (CDS) Group of Companies, the CDS Audit/Risk Committee, and Certified General Accountants of Ontario’s Board of Governors (CPA). Robert is currently on the Board of Directors of BEE Mortgage Inc. and RIFO Holding Group Inc.
Charles Jiang is CEO of Bee Finance Group, Bee Mortgage Inc, and Queen Financial Group Inc. Mr. Jiang obtained his MBA from the University of Windsor Ontario in 1998. Mr. Jiang has won numerous awards: 2006 Outstanding Canadian Chinese Entrepreneur Award, 2007 Excellent Chinese Entrepreneur Award, 2008 Canadian Chinese “Best Startup Business” Award, 2008 “China`s Top Ten Economic Talents” Award, 2008 World Chinese Who`s Who, 2009 Top 25 Canadian Immigrants Finalist Award, the 2012 Queen Elizabeth II Diamond Jubilee Medal, Top 80 Chinese Entrepreneurs in 2013, Top 50 Advisors in Canada in 2014 by Wealth Professional.
Howard Brand holds over 20 years of experience in the mutual fund industry having implemented compliance and risk management programs across MFDA Member firms. In addition to his experience in the mutual fund industry, Howard has also held several roles in compliance working with banks, trust companies and insurance companies. Furthermore, he has been a licensed Mortgage Agent and Principal Broker of Queen Mortgage Brokers Corporation.
About Verico Financial Group Inc.
VERICO was founded in 2005 with a single idea: to unite top mortgage originators in Canada and create additional opportunities for this group of highly driven professionals. In 2010, VERICO reached $10 billion in collective loan volume, a number that rivaled the mortgage business of the big 5 banks in Canada. Today, VERICO originates over $18 Billion in volume. Operating at the highest degree of professionalism, excellence, integrity and ethical standards, we help 45,000+ families annually with their mortgage needs.
The M3 Group is the #1 originator and undisputed leader in mortgage brokerage across Canada. With 8300+ brokers and more than $50 billion in volumes on a trailing twelve-month basis, the technology driven, consumer obsessed group and its family of brands, Multi-Prêts Mortgages, Mortgage Alliance, Invis, Mortgage Intelligence, Verico, Simplinsur, M3 Tech, M3 Ventures, M3 Innovation Lab and YourMortgageMarket have a single mission: Make brokers more competitive through innovative technology.
Source: Verico Canada
RIFO uses prop technology as the core driving force to innovate the traditional real estate sales business in a disruptive business model. By enhancing the efficiency of the industrial chain, it provides home-centered products. RIFO has teamed up with more than 20 outstanding strategic partners in the fields of capital, technology, real estate transactions, settlement services, and real estate finance.
Taking "Let everyone have a house and a home" as the corporate vision, we are committed to building RIFO into the world's largest real estate settlement ecological mobile trading platform.
On November 17, 2019, RIFO Holding Group and its strategic partners held its RIFO Awards & Dinner Gala at the Hilton Hotel. The glittering soiree marked a successful start to a Festive Winter Holiday season. Thousands of guests flocked together to participate in this elegant grand affair, which is hosted annually to create networking opportunities and promote cooperation between business partners, brokers and clients, as well as to reward the hard work of all real estate and financial sector contributors to the great milestones achieved in 2019. The fete was attended by representatives of RIFO Holding Group Board of Directors, Queen Financial Group, BEE Finance, major banks, as well as property developers and media outlets. The famed “RIFO Luxury Housing Fair” attracted countless spectators who enjoyed fiery dancing and opera singing performances, lucky draws, luxury cars show, and professional insights covering the real estate financing industry.
Sources: “融合梦想，赢在未来” RIFO 2019 颁奖盛宴圆满举行" by EasyMedia Canada; Dushi Singtao Media; CROC Media
The Eurasian Economic Union space has the potential for foreign entrepreneurs and investors. These and other issues were discussed at the Embassy of the Republic of Kazakhstan in Toronto. Canadians' interest in the market of the Eurasian Economic Union is growing with Kazakh markets offering unique opportunities and a variety of discounts for new investors. The Canadian Ambassador to Kazakhstan said the lack of information provided to businessmen exists and "such meetings will help change the situation." A special Business Council was established to promote cooperation between Kazakhstan and Canada. Chairman of the Board of "Kazatomprom" Askar Zhumagaliyev and President of Cameco Corporation Tim Gittel are chairing the meeting. The parties have recently signed the corresponding agreement.
Robert Fotheringham, CEO and Co-Founder of Fotheringham & Fang Investment Company said in his interview: "In recent years the relations between Kazakhstan and Canada have been developing considerably. Many of our regions are working directly with the country. In order to strengthen our cooperation in the future, we must conduct meetings like this one, to help recognize respective markets’ strengths and opportunities for collaboration".
Interview with China-Canada Business Times magazine: "Robert Fotheringham: Immigrants are Brave " [方伯翰: 移民的勇气可嘉——多伦多证券交易集团股票交易部高级副总裁专访]
“Immigrants are brave,” says Robert Fotheringham. “They are entrepreneurial, bold, enthusiastic, and not afraid to take risks.” Fotheringham should know. His parents were immigrants to Canada from Scotland."
Read a full article punished by the China Canada Business Times Magazine : http://ccbtimes.com
China Canada Business Times Magazine:
Hong Kong Tourism Board in Canada is anticipating of a lucky Year of the Dog with the launch of a new Hong Kong - Canada travel marketing campaign and other initiatives.
On February 22, the HKTB was joined by the Hong Kong Economic and Trade Office (HKETO) for its annual Chinese New Year reception, held this year at Soho's Luckee by Susur Lee in downtown Toronto. The event included an appearance by the celebrity chef himself, who prepared a dish with a little help from the HKTB’s Canadian Director Michael Lim and HKETO Director Kathy Chan.
In her welcoming remarks, Director Kathy Chan, updated guests on the economic performance of Hong Kong in 2017 and stressed that the city continued to prosper under the “one country, two systems” principle. "Hong Kong has been crowned as the world’s freest economy for 24 consecutive years by the United States' Heritage Foundation. We also continued to top the Fraser Institute’s World Economic Freedom Index every year since its first report in 1995," Miss Chan said.
Miss Chan highlighted that Hong Kong is working to introduce a two-tier profits tax system, which will enhance Hong Kong’s attractiveness as a premier place to do business. Specifically, the corporate profits tax rate for the first HK$2 million profits (around CAD$300,000) will be halved from 16.5% to 8.25% and Hong Kong aims to implement this new tax rate within 2018.
Ring in the Chinese New Year with #HKCBA Toronto, and party the night away while enjoying sumptuous bites, 5 course gourmet dinner and drinks. The best live bands, celebrity host and MC Theresa Kruze will make HKCBA Chinese New Year unforgettable grand affair for you and your guests. Lots of valuable prizes and, as every year, lots of fun!
Be in the Know
*Fotheringham&Fang Group is a returning Band Sponsor and a Corporate Partner of HKCBA CNY Ball.
More than 3,000 financial policymakers, financial elites and business leaders attended the two-day 11th Asian Financial Forum in Hong Kong.
AFF 2018 was held under the theme "Steering Growth and Pioneering Innovation: Asia and Beyond," which examined the latest economic trends, industries with the greatest growth potential and investment opportunities presented by technology and innovation. More than 670 one-on-one meetings were arranged during the AFF Deal Flow Matchmaking Session, to help participants explore business and investment opportunities.
To celebrate the 20th anniversary of the establishment of the Hong Kong Special Administrative Region, the Hong Kong Economic and Trade Office organised a business seminar bringing together businesses, industry leaders and Government representatives from across Canada and Hong Kong to share how Canadian companies can tap into the vast opportunities presented by the rapid-growing Asia market through Hong Kong at the event.
July 1, 2017 marks the 20th anniversary of the return of Hong Kong to China and and the establishment of the Hong Kong Special Administrative Region (HKSAR). Hong Kong Trade Development Council and Hong Kong Business Association hosted a Gala Dinner at the Fairmont Royal York to celebrate the occasion. Over 200 distinguished guests attended the event and enjoyed the festivities. HK20 Gala Dinner Toronto
Since its return to China, the principles of "one country, two systems", "Hong Kong people administering Hong Kong" and a high degree of autonomy have been successfully implemented in Hong Kong. The 20th anniversary of the return to China is a significant milestone in the history of the Hong Kong. To share the joy of the 20th anniversary with the whole community, Hong Kong has joined hands with different sectors to organize a wide variety of celebrations under the theme of "Together • Progress • Opportunity" which speaks about their vision of tomorrow.
The University of Toronto Scarborough rings the opening bell of the Toronto Stock Exchange (TMX) - Source: UofT News
Robert M. Fotheringham was appointed First Vice President of the HKCBA, GTA Chapter. Robert has served on the Board of Directors of Hong Kong Canada Business Association since October 22, 2015.
The Hong Kong-Canada Business Association (HKCBA), one of the largest bi-lateral trade association in Canada, has more than 1,000 members in 8 active Sections in major cities (Vancouver, Calgary, Edmonton, Winnipeg, Toronto, Ottawa, Montreal and Halifax - and Representatives in Hong Kong, Regina Saskatchewan and London Ontario – together with strong dynamic connections to 33 similar trade groups in 24 countries around the world through the Federation of Hong Kong Business Associations Worldwide (FHKBAW).
HKCBA exists to encourage two-way trade between Canada and Hong Kong, and through Hong Kong to the rest of China and Asia, and to provide a forum for discussion of trade issues involving Hong Kong and Canada, and to promote policies - by both governments - that will lead to expanded trade and closer ties between the two. It does this by sponsoring meetings and professional presentations on topics of interest, leading trade delegations, and by organizing cultural exchanges.
With holidays upon us, we would like to extend our invitation to join the Hong Kong Canada Business Association in celebrating the Year of the Rooster! Our festivities will include:
Participation serves to strengthen and promote important bilateral relations between Hong Kong and Canada. Additionally, it provides valuable exposure to an important market segment represented by our HKCBA members and their clients, friends and business associates.
We look forward to celebrating the arrival of the Year of the Rooster with you!
Fotheringham&Fang Group's executive team attended the Canadian Institute of Mining Toronto Luncheon, hosted by the venerable National Club. The event's topic, Changing Landscape in the Mining Industry – How to Manage the Business and Projects in Uncertain Times, provided engaging and thought-provoking insights into the global mining industry's challenging situation, saddled with lower demand, lower commodity prices, and increased business and geopolitical risks. In the wake of Fukushima incident, the uranium industry, in particular, has been hit hard, with persistent oversupply and very low uranium prices, despite the aggressive building of new capacity in China and other parts of the world, and a brighter long-term outlook.
Robert Fotheringham, CEO of Fotheringham&Fang Group, joined Mr. Xue Bing, Consul General of P.R. China, MPP, Hon. Michael Chan, Minister of International Trade, Hon. Chrystia Freeland, Minister of International Trade at the special invitation events, which marked the official commemoration of the 10th Anniversary of the sister city relations.
The celebratory events, hosted by City of Markham and Wuhan Municipal People’s Government and organized by Culture and Economic Development Department, City of Markham, Canada Hubei Chamber of Commerce, Foreign Affairs Office, Wuhan Municipal People’s Government and China Council for the Promotion of International Trade (CCPIT), attracted over 200 of senior executives and business owners representing sectors such as hi-tech, life sciences, real estate, investment & financial services, engineering, new energy, eco-tourism, fashion, fine arts and culture.
Markham’s Economic Alliance Program creates a global network of business relationships with communities and business groups in strategic market locations, in an effort to create an international awareness of Markham’s business assets and geographic benefits.
Hong Kong hosted the inaugural Belt and Road Summit on 18 May to explore business opportunities presented to the world by the Belt and Road Initiative. Held at the Hong Kong Convention and Exhibition Centre, more than 20 senior government ministers from countries located along the Belt and Road routes as well as business leaders from Hong Kong, the Chinese mainland, ASEAN, Europe and other regions spoke at the summit, sharing insights from a wide range of perspectives. The high-level event welcomed more than 2,400 participants, including investors, project owners and services professionals.
Mr. Dongshang Lu, Vice Chairman of China Mining Association, Mr. Robert Kwauk Chief Representative & Partner, Beijing Blake, Ms. Maya Stano Partner in Gowlings LLP, Mr. Peter Zhang Counsel in the Toronto office of Gowlings LLP, Mr. George Gao President of Beijing Mining Exchange, Mr. Tony Guo, Chairman for the Association of Chinese Canadian Mining Professionals in Canada, Mr. Dan Colton Partner, Dorsey & Whitney LLP., Mr. Naishun Liu President and Chaiman of Canadian Dehua International Mines Group Inc.
China Mining Investment Symposium 2016 and Round-table Discussion, co-organized by Canada China Chamber of Commerce and China Mining Association with the support of Beijing International Mining City, were held on March 7 in Toronto during PDAC. Mr. Xiang Xia, Economic and Commercial Minister Counselor of the Chinese Embassy, and Mr. Dongshang Lu, Vice Chairman of China Mining Association delivered the keynote speeches.
More than 230 delegates participated in this event, which was followed by special guest reception and dinner.
The Belt and Road Initiative aims to build new economic, trade, financial and cultural links from China through Central Asia to Europe and Africa, backed by hundreds of billions of dollars of investment in railways, highways, pipelines, ports and other infrastructure projects. The concept is designed to attract partners from across the world and benefit the global economic community.
Fotheringham & Fang group sponsors the HKCBA 18th Annual Golf Tournament at the Mandarin Golf & Country Club
by Alexander Chechyotenko
On June 16th, Robert Fotheringham, CEO of Fotheringham&Fang Group, chaired a CERBA-hosted Business Brief with official business Delegation from Republic of Belarus. This event's discussions and presentations focused on many investment and joint venture opportunities in Construction, Engineering and Confectionery industries.