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Even after living in Canada for years, many newcomers remain priced out of the market. Co-ownership, either with friends and family or with a company like Ourboro, can reduce the need for a large down payment and make homeownership possible.

Scotiabank joins other major investors to support Ourboro in providing first-time Canadian homebuyers with a co-ownership model that builds equity and wealth over the long term.

Study reaffirms homeownership’s personal and financial benefits while demonstrating the potential to unlock opportunities for those traditionally excluded from the housing market.

Chief Operating Officer, Eyal Rosenblum, speaks to The Canadian Jewish News about how the Ourboro model is helping Canadian homebuyers afford a 20% down payment, why Miles Nadal’s Peerage Capital backs Ourboro, and more.

A pilot program with a new lender could catapult Ourboro's reach to the next level and propel a new market segment. With so many Ontario homebuyers in need of a down payment boost, the timing couldn't be better.

Adding to Ourboro’s growing pool of capital, this investment will provide financial resiliency to Canadians through homeownership.