Canada’s renewal wave is reshaping lender rankings

See which lenders brokers trust most as record mortgage renewals put pressure on borrowers and partnerships

Canada’s renewal wave is reshaping lender rankings

Canada’s mortgage market is entering its biggest renewal year on record, with 1.15 million mortgages expected to renew in 2026 and many borrowers facing higher monthly payments.

CMP’s 20th annual Brokers on Lenders survey reveals which lenders brokers trust most for speed, flexibility, competitive rates, and transparent service.

For the first time, lenders are ranked separately across Prime and Alternative categories, reflecting the different pressures shaping each market.

Among the awardees of the year is Manulife Canada. “Manulife is focused on providing solutions and supporting clients with their broader financial needs,” says Jenn Ruso, vice president and head of residential lending and distribution.

See why these top-tier lenders earned broker recognition, and what their performance reveals about winning lender partnerships in a high-pressure renewal market.