Derek Townsend on Blogger: October 2019

Monday, October 7, 2019

Canada's Performance in the Rugby World Cup

Stadium Photo by Thomas Serer on Unsplash

A Vancouver, Canada-based mortgage broker with 7 years of experience, Derek Townsend serves as principal of Citifund Capital Corporation, where he brokers commercial financing for construction, term, and loan loans. Outside of his professional pursuits, Derek Townsend is a former member of the Canadian 7's men's rugby team who enjoys playing and watching the sport.

Canada has participated in every Rugby World Cup event since 1987. Despite being the second-strongest national team in North America, Canada hasn't fared too well in the international competition. It dropped its first two games in the 2019 Rugby World Cup to Italy and New Zealand on September 26 and October 2, respectively, and finished 17th in the 20-team tournament in 2015, with only two points, and a score differential of -73.

Canada fared slightly better in 2011, when it finished 12th with six points and a score differential of -86. That year, it ranked ahead of countries like Japan, the United States, and Russia. Canada finished 16th in the 2007 Rugby World Cup. Its best result came in 1991, when it reached the quarterfinals of the 16-team tournament before losing a 29-13 decision against New Zealand, which later defeated Scotland in the third-place game. Its best individual game came in 1999, when it defeated Namibia 72-11.

About Derek Townsend

Citifund Capital Corporation principal and co-owner Derek Townsend serves as the firm’s rental apartment market sector expert. He underwrites and brokers various types of commercial real estate financing. Since joining Citifund in 2012, he distinguished himself as British Columbia’s largest producer of Canada Mortgage and Housing Corporation-insured apartment financing and became the company’s youngest ever principal.

Derek Townsend concurrently serves LandlordBC,’s director; the organization assists owners and managers of rental housing in British Columbia. He collaborates with other leaders to plan and promote events for clients to learn and network.

Outside of the professional environment, Mr. Townsend has a long history with rugby as a player, coach, and administrator. He serves as director of the Meraloma Athletic Club, and he also heads the Meraloma Rugby Alumni Committee. He served the Meraloma Athletic Club as president of rugby from 2014 to 2016 and coached the U15-U19 Meraloma Rugby Club from 2012 to 2014.