The pitch
What walked into the Den
Paul Therien, a mortgage broker in Vancouver, British Columbia, brought Haystax Mortgage to Dragons' Den Canada.
The pitch landed in Season 14, episode 2, which aired in 2019. Therien asked for $500,000 for a 20% stake, a request that valued the brokerage at $2,500,000.
After the show
What happened next
Whether a Dragon actually bit is something the broadcast never spelled out for the archives. We record the ask because it is documented, and we leave the outcome blank rather than fill it with a guess.
The brand has since grown into a broader financial-services umbrella. The old Haystax Mortgage address now forwards to haystax.ca, a live operation with news dated through July 2026, several locations, and working appointment tools connected to more than 100 lenders. Read that as a rebrand and expansion, not a closure.
Our read
The Hub verdict
A $500,000 request for 20% values the brokerage at $2,500,000, a reasonable frame for a lending business whose worth rides on volume and lender relationships rather than a single product.
The outcome is unrecorded, so the analysis lives on the ask side. What is notable is continuity: the brand folded into a wider Haystax financial-services umbrella rather than disappearing, which reads as a rebrand and expansion. That is a healthier signal than most unrecorded pitches leave behind, even without a documented deal.
Worth knowing: We treat the move under the wider Haystax banner as continuity, not a shutdown, based on the live site we checked in July 2026.
