The CANNEX Financial Network (CFN) is a service that supports the processing of GIC transactions between banks and nominee brokers.

The benefits of CFN include:

• Expanded distribution of GICs for banks, trusts and credit unions
• Expanded offering of GIC products for nominee dealers
• Simplified exchange of information within a secure and reliable process
• Streamlined process that reduces costs, data errors and turn-around time for GIC transactions.

The features of CFN include:

• The efficient exchange of GIC transaction data for:
  • Nominee and client name orders
  • Intra-dealer re-registration requests
• The periodic exchange of reconciliation files for GIC holdings and positions
• Same day settlement of funds related to GIC orders through settlement service providers

Participants on the CANNEX Financial Network (CFN) – Product Issuers:

• B2B Bank
  • Laurentian Bank
  • Laurentian Trust
  • LBC Trust
• Bank of Montreal
  • BMO Mortgage Corp.
  • BMO Trust
• BlueShore Financial Credit Union
• Bridgewater Bank
• Canadian Tire Bank
• Canadian Western Bank
  • Canadian Western Trust
• Coast Capital Savings Federal Credit Union
• Community Trust
• Concentra Bank
• Effort Trust
• Equitable Bank
  • Equitable Trust
• Fairstone Bank of Canada
• FirstOntario Credit Union
• First West Credit Union
• General Bank of Canada
• Haventree Bank
• Home Equity Bank
• Home Trust Company
  • Home Bank
• HSBC Bank
  • HSBC Mortgage Corp.
  • HSBC Trust
• ICICI Bank Canada
• Industrial and Commercial Bank of China (Canada)
• Innovation Federal Credit Union
• KEB Hana Bank Canada
• League Savings and Mortgage Company
• Manulife Bank
  • Manulife Trust
• MCAN Mortgage Corporation
• Meridian Credit Union
• National Bank
  • NatCan Trust
• Peoples Trust
• President’s Choice Bank
• RFA Bank of Canada
• Royal Bank
  • Royal Bank Mortgage Corp.
  • Royal Trust Company
  • Royal Trust Corporation
• SBI Canada Bank
• Scotiabank
  • Scotia Mortgage Corp.
  • Montreal Trust
  • National Trust
  • The Bank of Nova Scotia Trust Company
• Shinhan Bank Canada
• Steinbach Credit Union
• Sun Life Financial Trust Inc.
• Vancity Savings
• VersaBank
• Wealth One Bank of Canada

Participants on the CANNEX Financial Network (CFN) – Dealer Organizations:

• Assante Capital Management Ltd.
• Assante Financial Management Ltd.
• B2B Bank Financial Services Inc.
• BMO Nesbitt Burns Inc.
• Canaccord Genuity Corp.
• CI Investment Services Inc.
• CIBC World Markets Inc.
• Credential Asset Management
• Credential Qtrade Securities Inc.
• Deposit Broker Services Inc.
• Desjardins Financial Services Investments Inc. – NEW
• Desjardins Securities Inc. – NEW
• Educators Financial Group
• Edward Jones Inc.
• Equity Associates Inc. – NEW
• Fidelity Clearing Canada ULC
• Haywood Securities Inc.
• Investia Financial Services
• Investment Planning Counsel Inc.
• Investors Group Financial Services Ltd.
• Investors Group Securities Inc.
• Leede Jones Gable Inc.
• Manulife Securities Inc.
• Manulife Securities Investment Services Inc.
• MD Financial Management
• National Bank Independent Network Inc.
• National Bank Financial Inc.
• Odlum Brown Ltd.
• PEAK Investments Inc. – NEW
• PEAK Securities Inc. – NEW 
• PI Financial Corp.
• Portfolio Strategies Corporation – NEW
• Questrade Inc.
• Raymond James Ltd.
• RBC Dominion Securities Inc.
• Research Capital Corporation – NEW
• Scotia Capital Inc.
• Sterling Mutuals Inc.
• TD Waterhouse Canada Inc.
• Worldsource Financial Management Inc.