Mr. Eddy Cocciollo reports

DOMINION LENDING CENTRES ANNOUNCES AGREEMENT WITH SONNET INSURANCE

Dominion Lending Centres Inc. has entered into a referral agreement with Sonnet Insurance Company, whereby the corporation will exclusively promote Sonnet's home and auto insurance products within the DLC Group network.

Sonnet, a federally regulated insurance company part of the Definity family of companies, offers customers a simple on-line application and binding experience, and the option to connect with fully licensed agents across the country. As all borrowers are required to provide mortgage lenders with proof of a valid home insurance policy, the company intends to integrate the Sonnet product offerings into the Velocity application process to make it easy for borrowers to satisfy the prerequisite of valid home insurance. This agreement includes an opportunity for the company's respective teams to build an application programming interface that will embed Sonnet's home and auto quote and bind engine to Velocity in the future.

"As all mortgage borrowers require a home insurance policy, integrating a home and auto insurance solution into Velocity is a natural evolution of Velocity's growth to become a complete technology ecosystem for borrowers and mortgage professionals to secure a mortgage. Sonnet is a national insurance company and a technology leader in the home and auto insurance sector, which makes them a perfect partner for the DLC Group," commented Gary Mauris, chairman and chief executive officer of DLC Group.

"Sonnet is committed to making insurance simple, transparent and customized for Canadians," said Paul MacDonald, executive vice-president, personal insurance and digital channels, at Definity. "Partnering with DLC Group allows us to bring our digital-first home and auto insurance solution to customers at a key moment in their home ownership journey."

About Dominion Lending Centres Inc.

Dominion Lending Centres is one of Canada's leading networks of mortgage professionals. DLCG operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. Dominion Lending's extensive network includes over 8,900 mortgage professionals and over 500 franchises. Headquartered in British Columbia, Dominion Lending was founded in 2006 by Gary Mauris and Chris Kayat.