Canada Market Review - August 2018

Canada’s structured products market recorded another strong showing in the month of August, with 299 products striking, up from 247 in July. Despite another round of guaranteed investment certificates (GICs) from Desjardins, which only come every other month, sales volume last month totaled just C$810m (US$621m), down from an average of C$1.31 billion for the previous 12 months, according to SRP estimation models. While sales volumes are down, the number of products entering the markets remains