Michelle Savoy

Laurentian Bank of Canada engages in the provision of financial services. It operates through the following segments: Personal Operating, Business Services, and Capital Markets. The Personal Operating segment caters to the financial needs of retail clients. The Business Services segment caters to the financial needs of business clients, small and medium-sized enterprises, and real estate developers such as leasing solutions, investment, cash management, and international services. The Capital Markets segment provides a range of services, including research, market analysis and advisory services; corporate underwriting for debt and equity; and administrative services. The company was founded by Monsignor Ignace Bourget on May 26, 1846 and is headquartered in Montreal, Canada.

Capital Guardian (Canada), Inc., part of The Capital Group Cos., Inc., is a company headquartered in Los Angeles, CA. The firm provides investment advice.

CIBC World Markets, Inc. is a full-service investment bank headquartered in Toronto. The firm is a subsidiary of the Canadian Imperial Bank of Commerce (NYSE: CM). CIBC provides an internationally integrated research product through three primary strategies. In the US, the firm provides research coverage on technology, telecommunications, healthcare, energy, power generation and technology, financial institutions, consumer growth, real estate and media. In Canada, the firm offers the full spectrum of coverage for all of the sectors that form the TSE 300 Index.Their broad investment grade analysis of return bond Indices provides daily performance of the Canadian bond market. The sectors covered are: government of Canada bonds, provincial and municipal bonds and corporate bonds rated AAA/AA, A and BBB.Also available is a monthly ABS/MBS market report that provides information on ABS market conditions, market summary data and monthly performance reports on outstanding transactions. This report includes information about the MBS market, including key statistics on MBS spreads and prepayments. Another report contains MBS trading data, cash flows and other key data. A separate monthly Portfolio Valuation Report provides month end pricing for ABS and MBS transactions.Corporate debt research produces highly targeted credit analysis and research for investment grade and high yield debt securities. The corporate bond review covers bond market action, new issues, price/yield movements, rating changes, and buy/sell recommendations.The fixed-income research group produces actionable fundamental and technical analysis, strategies, products, and runs bond indexes and quantitative models relating specifically to fixed income markets, bond portfolios, and individual securities.CIBC provides risk management solutions to corporations, investors, financial institutions, and governments across all asset classes: interest rates, equities, credit, currency, and commodities.CIBC World Markets is a subsidiary of Canadian Imperial Bank of Commerce.