CIBC Capital Markets is a leading provider of M&A advisory, debt and equity financing, corporate banking, trading, hedging and research. Since CIBC Capital Markets began market making for our ETF partners in 2014, we have transformed our technology and enhanced our quantitative expertise, which, along with increased cross-desk and cross industry collaboration, has allowed us to better serve our partners. Over the years, we have regularly supported industry initiatives and partnered with ETF issuers to enhance the ETF ecosystem in Canada.