Market Opens

Miyo Yamashita, President and Chief Executive Officer, The Princess Margaret Cancer Foundation, and her team joined John McKenzie, Chief Executive Officer, TMX Group, to celebrate the 17th annual Ride to Conquer Cancer and open the market. The Princess Margaret Cancer Foundation is Canada's largest and leading cancer charity, dedicated to raising funds for Princess Margaret Cancer Centre, one of the world's top five cancer research centres known for its game-changing scientific achievements and exceptional patient treatment and care. Through philanthropy, events, our world-leading home lottery program, and commercialization initiatives, we make possible the critical funding required to accelerate cancer research, education, and clinical care -- benefitting patients at Princess Margaret Cancer Centre, throughout Canada and the world. To learn more, please visit www.thepmcf.ca. The Ride to Conquer Cancer is Canada’s largest and most impactful cycling fundraiser. All proceeds directly benefit The Princess Margaret Cancer Centre, one of the top five cancer research centres in the world. Each year it brings thousands together to help accelerate life-saving cancer research. While each Rider has their own reason for riding, we are all heading towards the same goal to: Conquer Cancer In Our Lifetime. There are multiple Ride routes to choose from and cyclists of all levels are encouraged to join.

Hon. Stephen Lecce, Ontario Minister of Education, and his team joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX), to open the market. The Ontario government is announcing a financial literacy graduation requirement as part of the first major overhaul of the Ontario Secondary School Diploma since 1999. Students will need to learn about, and demonstrate knowledge of practical financial literacy skills such as budgeting, saving, investing, interest rates and financial fraud awareness. Students will also benefit from a modern “Home Economics” education, new investments in career coaches and updated guidance counselor qualification courses to better connect students to in-demand jobs as well as get practical tools and resources. This is part of the government’s back-to-basics plan to set students up with the skills and knowledge to succeed in real life and in their future careers.

The Honourable Mario Marcel Cullell, Chile Minister of Finance together with Cristobal Torres ,Director at InBest as well as representatives and sponsors of Chile Day joined Rob Peterman, Chief Commercial Officer at Toronto Stock Exchange and TSX Venture Exchange, to open the market and celebrate Chile Day, which is being hosted in Toronto on May 28-29, 2024. Chile Day is an instance of public-private collaboration, sponsored by the Ministry of Finance of the Government of Chile. Its objective is to position Chile in international markets as a highly attractive country for financial investment, as well as a financial services platform for Latin America and emerging markets.

Members of the CI Global Asset Management (CI GAM) team joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of CI Global Artificial Intelligence Index ETF (TSX: CIAI). CIAI seeks to maximize long-term capital appreciation by investing primarily in global equity securities of companies that are actively involved in the research, development and application of artificial intelligence technologies. CI GAM has also reduced the management fee of CIAI to 0.20% from 0.55% until the earlier of one year after launch or until CIAI reaches $1 billion in assets under management. As a result of the fee waiver, CIAI will begin trading with the lowest management fee of any artificial intelligence-focused ETF in the Canadian marketplace. CI GAM is Canada’s fifth-largest ETF provider with approximately $21.5 billion in assets under management in more than 80 ETFs (as at March 31, 2024). CI GAM’s ETF lineup is highly diversified and includes beta, smart beta, asset allocation, managed volatility, actively managed, liquid alternatives, digital assets, covered calls, ESG and other thematic mandates.