![Stephen Smith](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Stephen Smith
Director/Board Member at
E-L FINANCIAL CORPORATION LIMITED
Net worth: 596 M $ as of 30/05/2026
Profile
Founder of First National Financial Corp. (Ontario), First National Financial Income Fund and First National Financial LP, Stephen J. R. Smith is an entrepreneur and businessperson who has been the head of 6 different companies and currently is Chairman & Chief Executive Officer at First National Financial Corp. (Ontario), Chairman & Chief Executive Officer at First National Financial LP (a subsidiary of First National Financial Corp. (Ontario)), Chairman of Canada Guaranty Mortgage Insurance Co. and Chairman for Duo Bank of Canada. Mr. Smith is also Chairman at Historica Canada, Member of Professional Engineers Ontario and Member of Business Council of Canada and on the board of 5 other companies. In his past career he occupied the position of Assistant Director-Corporate Planning at Hawker Siddeley Canada, Inc., Chairman & President at First National Financial Income Fund and Research Analyst at Canadian Pacific Ltd. He received a graduate degree from London School of Economics & Political Science and an undergraduate degree from Queen's University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
EQB, Inc.
 EQB, Inc. Regional BanksFinance Provides mortgage financing 19.31% | 27/04/2026 | 7,065,990 ( 19.31% ) | 596 M $ | 30/05/2026 |
Stephen Smith active positions
| Companies | Position | Start |
|---|---|---|
| E-L FINANCIAL CORPORATION LIMITED | Director/Board Member | 09/05/2018 |
C.D. Howe Institute
 C.D. Howe Institute Miscellaneous Commercial ServicesCommercial Services Operates as non profit research institute to raise living standards by fostering economically sound public policies | Director/Board Member | - |
Smith Financial Corp. (Canada)
 Smith Financial Corp. (Canada) Financial ConglomeratesFinance Provides financial services | Chief Executive Officer | 31/12/1987 |
Fairstone Bank of Canada
 Fairstone Bank of Canada Regional BanksFinance Provides commercial banking services | Chairman | 31/03/2019 |
Canada Infrastructure Bank
 Canada Infrastructure Bank Regional BanksFinance Provides banking services | Director/Board Member | - |
E-L Financial Services Ltd.
 E-L Financial Services Ltd. Financial ConglomeratesFinance Provides investment services | Director/Board Member | - |
First National Financial LP
 First National Financial LP Finance/Rental/LeasingFinance Provides residential and commercial mortgage services | Chief Executive Officer | 29/02/1988 |
Business Council of Canada
 Business Council of Canada Miscellaneous Commercial ServicesCommercial Services Operates business council | Corporate Officer/Principal | - |
Metrolinx
 Metrolinx General GovernmentGovernment Operates as a government agency that manages and integrates road & public transport services | Director/Board Member | 12/01/2011 |
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Former positions of Stephen Smith
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Training of Stephen Smith
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
69
1st degree connections
23
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 23 |
|---|---|
First National Financial Corp. (Ontario)
 First National Financial Corp. (Ontario) Finance/Rental/LeasingFinance Provides residential and commercial mortgage lending services | Finance |
First National Financial Income Fund
 First National Financial Income Fund Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
E-L Financial Corp. Ltd.
 E-L Financial Corp. Ltd. Life/Health InsuranceFinance Operates as a holding company which provides life insurance services | Finance |
Hawker Siddeley Canada, Inc.
 Hawker Siddeley Canada, Inc. Financial ConglomeratesFinance Development stage company | Finance |
Canadian Pacific Ltd.
 Canadian Pacific Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Opeartes railways, shipping and energy related services | Producer Manufacturing |
Queen's University
 Queen's University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
The Dominion of Canada General Insurance Co.
 The Dominion of Canada General Insurance Co. Multi-Line InsuranceFinance Provides insurance services | Finance |
The Empire Life Insurance Co.
 The Empire Life Insurance Co. Life/Health InsuranceFinance Provides life insurance, investment and employee benefit services | Finance |
London School of Economics & Political Science
 London School of Economics & Political Science Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
First National Financial LP
First National Financial LP Finance/Rental/LeasingFinance Provides residential and commercial mortgage services | Finance |
Professional Engineers Ontario
 Professional Engineers Ontario Engineering & ConstructionIndustrial Services Provides professional engineering services | Industrial Services |
Metrolinx
Metrolinx General GovernmentGovernment Operates as a government agency that manages and integrates road & public transport services | Government |
C.D. Howe Institute
C.D. Howe Institute Miscellaneous Commercial ServicesCommercial Services Operates as non profit research institute to raise living standards by fostering economically sound public policies | Commercial Services |
Royal Ontario Museum
 Royal Ontario Museum Other Consumer ServicesConsumer Services Operates museums | Consumer Services |
GO Transit
 GO Transit Other TransportationTransportation Operates as interregional public transportation system | Transportation |
E-L Financial Services Ltd.
E-L Financial Services Ltd. Financial ConglomeratesFinance Provides investment services | Finance |
Canada Guaranty Mortgage Insurance Co.
 Canada Guaranty Mortgage Insurance Co. Insurance Brokers/ServicesFinance Provides mortgage insurance solutions | Finance |
Fairstone Bank of Canada
Fairstone Bank of Canada Regional BanksFinance Provides commercial banking services | Finance |
Historica Canada
 Historica Canada Investment Trusts/Mutual FundsMiscellaneous Operates as a charitable organization that offers programs in both official languages to explore and learn on history | Miscellaneous |
Rideau Hall Foundation
 Rideau Hall Foundation Investment Trusts/Mutual FundsMiscellaneous Operates as a charitable organization that supports programs focused on learning, leadership and community-building solutions | Miscellaneous |
Business Council of Canada
Business Council of Canada Miscellaneous Commercial ServicesCommercial Services Operates business council | Commercial Services |
Canada Infrastructure Bank
Canada Infrastructure Bank Regional BanksFinance Provides banking services | Finance |
Smith Financial Corp. (Canada)
Smith Financial Corp. (Canada) Financial ConglomeratesFinance Provides financial services | Finance |
- Stock Market
- Insiders
- Stephen Smith
