Market Opens

Eli Yufest, Executive Director, The Canadian ETF Association (“CETFA”), Peter Haynes, Managing Director, Index Products and Market Structure Research, TD Securities Inc. and CEFTA’s board of directors and members, joined Keith Wu, Head Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market to celebrate the 35th anniversary of the ETF. CETFA serves as the national voice for Canada’s ETF industry, representing about 94% of exchange traded fund (ETF) assets in Canada. CETFA is dedicated to promoting the growth, sustainability, and integrity of the ETF industry. It keeps investment professionals informed about industry developments, educates investors on ETFs and their benefits, and works to dispel common misconceptions. Through advocacy, education, and collaboration, CETFA supports a thriving ETF ecosystem, ensuring transparency and accessibility for all market participants. By fostering a deeper understanding of ETFs, CETFA empowers investors to make informed decisions while strengthening confidence in the industry. As a trusted resource, CETFA continues to drive awareness within Canada’s evolving financial landscape.

Tammy Cash, Co-Head, Women in ETFs Canada and Kaitlin Thompson, Co-Head, Women in ETFs Canada (“WE Canada”), WE Canada members, sponsors, broader community and their daughters, joined Keith Wu, Head Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market to celebrate International Women’s Day. International Women's Day is a day to celebrate progress made and raise awareness of the work that needs to be done to ensure the full participation of women and girls in every aspect of Canadian society, including in the economic, social and democratic spheres, for future generations. This year’s theme, “Rights. Equality. Empowerment.”, calls on us to champion equal rights, amplify voices, and create opportunities for all—fostering a future where no one is left behind. Over the past decade, WE Canada has been a pioneer in fostering gender diversity, breaking barriers, and building networks that uplift women in finance.

Giorgia Anton, Managing Director and Head of Research, CIBC Capital Markets, Harry Culham, Group Head, Capital Markets, Global Asset Management and Enterprise Strategy, CIBC Capital Markets, and CIBC Women Connect, joined Michelle Tran, President, TMX Datalinx, to open the market to celebrate International Women’s Day as part of the 11th annual “Ring the Bell for Gender Equality” campaign. CIBC Women Connect is an employee-driven group focused on enhancing inclusion and advancement of women in Capital Markets. The group aims to provide networking opportunities, while bringing together industry experts to share knowledge and empower team members. CIBC Women Connect includes all levels of women across CIBC Capital Markets, including Global Corporate & Investment Banking and Global Markets. The ‘Ring the Bell for Gender Equality’ initiative is a partnership between the International Finance Corporation (IFC), the Sustainable Stock Exchanges (UN SSE) initiative, the UN Global Compact, UN Women and the World Federation of Exchanges (WFE). For the 11th consecutive year, stock exchanges around the world ring the bell for gender equality on or around the International Women’s Day (March 8, 2025), to raise awareness of the pivotal role the private sector can play in advancing gender equality. The theme of this year is “Ring the Bell for ALL Women and Girls. Right. Equality. Empowerment”.

Representatives from the Canadian exchange traded fund (ETF) industry, along with members of the 1990s Toronto Stock Exchange (TSX) team who were instrumental in the development and launch of the world’s first ETF, joined Graham MacKenzie, Managing Director, Exchange Traded Products, TSX and representatives from across TMX Group, to close the market to celebrate 35 years of ETF innovation. The Toronto 35 Index® Participation Units, or TIPs®, the world's first exchange-traded, index-linked product, was launched on March 9, 1990, and served as the prototype for the modern-day ETF. As the ETF has grown into a leading global investment vehicle, the Canadian ETF market has remained at the forefront of the industry, with TSX leading the way in innovation. At the end of January 2025, TSX ETFs held over $560 billion in AUM across 1,073 products. In 2024, $753 billion worth of ETF units were traded in Canada. Options on 53 ETFs trade on Montréal Exchange, Canada’s derivatives exchange and a wholly-owned subsidiary of TMX Group.