Capital Gain or Loss

Profit or loss resulting from the sale of certain assets classified under the federal income tax legislation as capital assets. This includes stocks and other investments such as investment property.

Canadian Securities Institute(CSI)

The national educational organization of the securitiesindustry sponsored by the Investment Dealers Association of Canada, Toronto Stock Exchange, theBourse de Montréal and TSX Venture Exchange.

Canadian Investor Protection Fund (CIPF)

A fund established to protect customers in the event of insolvency of a member of any of the following sponsoring self-regulatory organizations: the Bourse deMontréal, Toronto Stock Exchange, TSX Venture Exchange and the Investment Dealers Association of Canada

Canadian Derivatives Clearing Corporation (CDCC)

The designated central clearing corporation for options and futures trading on the Bourse de Montréal. Previously known as Trans Canada Options Inc. (TCO).

Canadian Depository for Securities Limited (CDS)

Canada's national securities depository, Canadian Depository for Securities Limited (CDS), provides clearing and settlement services in support of trading in equity, fixed income, and money markets.CDS is owned by major Canadian chartered banks, members of the Investment Dealers Association of Canada (IDA), and TSX Inc. CDS is regulated by the Ontario Securities Commission, L'Autorité des marchés financiers (the securities commission of Quebec), and the Bank of Canada.

Call Option

An option which gives the holder the right, but not theobligation, to buy a fixed amount of a certain stock at a specified price within a specified time. Calls are purchased by investors whoexpect a price increase.

Capitalization Effective Date

The date that the capitalization change is reflected in the issuer's share register, regardless of when it is reported to the Exchange

Capitalization or Capital Structure

Total dollar amount of all money invested in a company, such as debt, preferred and common stock, contributed surplus and retained earnings of a company.

Capped Indices

Indices for which there is a maximum relative weight bymarket capitalization for any one constituent. Any individual constituent of theindex can represent no more than a specified percent of the index. The individual constituents of the S&P/TSX Capped Composite and S&P/TSX Capped 60 indices are capped at 10%, while the individual constituents of the S&P/TSX Capped sector indices are capped at 25%.

Cash Settlement

Settlement of an option contract not by delivery of the underlying shares, but by a cash payment of the difference between the strike or exercise price and the underlying settlement price.