Chris Kuflik - ScotiaMcLeod Montreal

Issuer Profile

407 ETR Concession Company Limited (407ETR) is the operator and manager of Highway 407, which extends 108 kilometres east-west, just north of Toronto, Canada. 407 International Inc., the sole shareholder of 407 ETR, is owned by a consortium comprised of Cintra Concesiones de Infraestructures de Transporte, Macquarie Infrastructure Group, and SNC Lavalin.

Real Return Bonds - Inflation Protected Bonds With a Government Guarantee

Mortgage Backed Securities enable the investor to build a safe, high-yielding, and easily managed retirement income portfolio. Structuring a fund so that the minimum withdrawals are provided for by the cashflow from the MBS investment allows the investor to tailor the balance of a RRIF to suit individual retirement investment concerns. MBS monthly income offers the RRIF investor the flexibility of receiving frequent payments of investment income. Real Return Bonds are commonly referred to as RRBs and in many ways resemble conventional bonds. They pay semi-annual interest payments, and upon maturity, repay the original principal or face value.

This document provides a comprehensive guide to Canadian Corporate bond issuers. You will find a description of the company's business, its credit rating and outstanding issuances.