A Mortgage Investment Corporation (MIC) is an investment that lends money secured against residential and commercial properties in the form of a mortgage. MICs are given special treatment by Canada Revenue Agency that prevents the double taxation of profits that goes on in many other types of investments-all profits flow through directly to investors. The returns that investors receive are real profits, earned from borrowers’ interest payments. While many investors like to invest in real estate, well-managed mortgages are an even safer way to invest in real estate as they are secured against the property. Mortgages provide a steady income to investors.