Intact Financial Corporation Completes $425 million Medium Term Note Offering

Intact Financial Corporation (TSX:IFC) (“IFC” or the “Company”) announced that it has closed its previously announced $425 million offering of Series 7 unsecured medium term notes due June 7, 2027 (the “Notes”).

The Notes were offered on a best efforts basis through a syndicate co-led by CIBC World Markets Inc., National Bank Financial Inc. and TD Securities Inc. The Notes are direct unsecured obligations of IFC and rank equally with all other unsecured and unsubordinated indebtedness of IFC. The Notes will bear interest at a fixed annual rate of 2.85% until maturity on June 7, 2027. The net proceeds from this offering of Notes will be used to partially fund the purchase price for the acquisition (the “Acquisition”) of all of the issued and outstanding shares of OneBeacon Insurance Group, Ltd. (“OneBeacon”) pursuant to an Agreement and Plan of Merger (the “Acquisition Agreement”) among OneBeacon, IFC and two wholly-owned subsidiaries of IFC. The closing of the Acquisition is expected to occur in the fourth quarter of 2017.

If (i) IFC does not consummate the Acquisition on or prior to March 31, 2018 (the “Special Mandatory Redemption Triggering Date”) or (ii) the Acquisition Agreement is terminated at any time prior to the Special Mandatory Redemption Triggering Date, then IFC will be required to redeem the Notes at a redemption price equal to 101% of the aggregate principal amount of the Notes, plus accrued and unpaid interest, if any, up to, but excluding, the date of redemption.

The Notes have been given a rating of A with a Stable trend by DBRS Limited, a rating of Baa1 with a Stable outlook by Moody’s Investors Service, Inc. and a rating of A- with a Stable trend by Fitch Ratings Inc.

The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“U.S. Securities Act”), and may not be offered or sold in the United States or to or for the account or benefit of U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy such securities in the United States or in any other jurisdiction where such offer is unlawful.

IGM FINANCIAL INC. AMONG THE 10 BEST CORPORATE CITIZENS IN CANADA Company moves to 8th spot from 21st last year in annual Corporate Knights ranking

IGM Financial Inc. (TSX: IGM) has been ranked in the top 10 of
Corporate Knights’ Best 50 Corporate Citizens in Canada. The company improved its ranking to
th overall in 2017, up from 21st position last year.
IGM Financial is one of Canada’s premier personal financial services companies, with business
carried out principally through Investors Group, Mackenzie Investments and Investment
Planning Counsel.
“IGM Financial is proud to be recognized among Canada’s top 10 corporate citizens, which has
been a shared effort between our companies, financial advisors and employees across the
country” said Andrea Carlson, Vice-President, Finance & Corporate Responsibility for IGM
Financial. “We make a positive difference in the communities where we live and work through
our charitable giving, volunteer work and our commitment to environmental and social
Carlson said this recognition comes as a result of IGM Financial’s continued enhancements to
its corporate responsibility reporting and the introduction of environmental and social
initiatives which further demonstrate the company’s longstanding commitment in this area.
These efforts have contributed to recognition by Corporate Knights and other groups as
 IGM Financial was accepted into the internationally renowned FTSE4Good Index Series
in 2016 for demonstrating strong environmental, social and governance (ESG) practices.
 In 2015, IGM Financial earned a spot on the Jantzi Social Index (JSI), a leading Canadian
sustainability index consisting of 50 Canadian companies measured on ESG rating
 IGM Financial has been recognized by the CDP as a leader in Canadian climate disclosure
for the quality of its reporting on greenhouse gas emissions and climate change. In
2016, the company received a Leadership level score of A-.


HSBC Global Asset Management (Canada) Limited, manager of the HSBC Mutual Funds,
will lower the management and trailer fees on certain series of the HSBC World Selection®
Diversified Funds.
“In today’s fee conscious environment, reducing the cost of investing is essential to helping
clients achieve their financial objectives. These fee reductions reaffirm our commitment to
delivering a robust line up of mutual funds at competitive pricing,” said Marc Cevey, Chief
Executive Officer at HSBC Global Asset Management (Canada) Limited.
The table below sets out the new management fees for the HSBC World Selection
Diversified Funds. The fee changes take effect 20 June 2017.

Notes to editors:
1. HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country. We help
companies and individuals across Canada to do business and manage their finances internationally through three
global business lines: Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth
Management. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London.
The Group serves customers worldwide from around 4,000 offices in 70 countries and territories in Europe, Asia,
North and Latin America, and the Middle East and North Africa. With assets of US$2,416bn at 31 March 2017,
HSBC is one of the world’s largest banking and financial services organizations. For more information visit or follow us on Twitter @HSBC_CA or Facebook @HSBCCanada.
2. HSBC Global Asset Management (Canada) Limited is a wholly-owned subsidiary of, but separate entity from, HSBC
Bank Canada and is the Canadian division of HSBC Global Asset Management.
HSBC Global Asset Management, the core investment business of the HSBC Group, manages assets totaling
US$428bn and is a leader in emerging markets funds, with more than US$116bn of assets managed in global,
regional and country specific emerging markets strategies across a range of asset classes. HSBC Global Asset
Management has a worldwide client base of private clients, intermediaries; corporates and institutions invested in
both segregated accounts and pooled funds. HSBC Global Asset Management fulfills its purpose of connecting these
customers with investment opportunities through an international network of offices in approximately 30 countries,
delivering global capabilities with local market insight. All figures as at 31 March 2017. For more information see
3. Commissions, trailing commissions, management fees, investment management fees and expenses all may be
associated with investments in the HSBC Mutual Funds. Please read the applicable account opening documentation
and prospectus, Fund Facts and other disclosure documents before purchasing the HSBC Mutual Funds. The HSBC
Mutual Funds are not guaranteed, their value may change frequently and past performance may not be repeated.
4. ®World Selection is a registered trade-mark of HSBC Bank Canada.

YWCA Women of Distinction Awards

At Goldcorp we respect and value the perspectives, experiences, cultures and essential differences our employees possess. We are committed to diversity in our workplace, and we believe that diversity leads to higher performance in all aspects of our business.

We have introduced several initiatives to increase and encourage diversity in our workplace, but we recognise there is always a more that can be done to become a truly diverse and inclusive company – and we can learn from the experiences of others. In a four-part series, we present several women working in traditionally male-dominated areas of work, both with Goldcorp and externally, who exemplify successful diversity in the workplace. In our first installment, we recognize women of distinction honoured at a celebration in Vancouver.

On May 29, 2017, Goldcorp proudly supported the YWCA Women of Distinction Awards which honour individuals and organizations whose outstanding activities and achievements contribute to the well-being and future of our community. The YWCA Women of Distinction Awards honour extraordinary women leaders, who through their own initiative, ability and effort have made an exemplary achievement in their field and are outstanding role models within the community. Their passion and commitment has created opportunities for other women by mentoring and leading by example.

More than 1,400 guests and volunteers gathered at the Vancouver Convention Centre to honour inspiring nominees and their achievements. Christine Marks, Director of Corporate Communications, attended the event and presented the Goldcorp-sponsored Business & The Professions category award to Anne Stewart. Anne is Partner Emeritus with Blake, Cassels & Graydon LLP, and is recognized as one of Canada’s best business lawyers and a pioneer in the traditionally male-dominated fields of mergers and acquisitions, corporate structuring and infrastructure and finance. Anne’s embodies professional leadership in both her field and community; her influence on the business landscape over her distinguished career is matched only by her impact on the careers of the many women she has mentored and championed along the way. She has also co-founded programs that help women return to work and transition to fulfilling retirement.

Anna Tudela, Vice President, Diversity, Regulatory Affairs and Corporate Secretary said, “It is important for us to celebrate Anne and all women of distinction recognised by these awards. At Goldcorp, we strive to foster an open and inclusive workplace environment, where we can work together to ensure that everyone has equal opportunities to reach their full potential both professionally and personally helping us achieve safe, profitable and responsible production.”


Genworth Canada will be part of Habitat for Humanity Canada’s biggest build project ever. Habitat for Humanity’s 34th Jimmy & Rosalynn Carter Work Project will take place in every province and territory across Canada with a goal to collectively build 150 homes to mark Canada’s 150th anniversary of Confederation. Former U.S. President Jimmy Carter and his wife Rosalynn, will be visiting Canada from July 9-14, 2017, focusing their efforts in Edmonton, Alberta, and in Winnipeg, Manitoba.

Habitat Canada has a long history of creating affordable housing opportunities in the country. People living in Habitat homes not only help to build their own houses, they also pay affordable mortgages. Habitat’s innovative approach helps working families on a new path to better, affordable living conditions that lead to improved health and stronger childhood development, as well as a decrease in reliance on food banks.

“Genworth Canada is committed to helping more Canadians achieve affordable homeownership, and by participating in the Jimmy & Rosalynn Carter Work Project we are helping to make this possible for 150 families,” said Stuart Levings, president and CEO of Genworth Canada. “We support Habitat Canada’s important work because we believe that everyone in Canada has the right to a safe, affordable and decent place to live in.”

Since 1984, President and Mrs. Carter have traveled around the world with Habitat, to build and improve homes. Their time and effort helps to raise awareness of the critical need for affordable homeownership around the world. Inspiring millions over the last three decades, President and Mrs. Carter have worked alongside nearly 100,000 volunteers in 14 countries to build, renovate and repair more than 4,000 homes.

To donate or learn more about the 34th Jimmy & Rosalynn Carter Work Project, please visit

FTG Celebrates C919 Maiden Flight with FTG Cockpit Control Panel Assemblies


Firan Technology Group Corporation (TSX:FTG) celebrates the first Chinese-built passenger jetliner completing its first flight on May 5, 2017 from Shanghai Pudong International Airport. The COMAC C919 is a narrow-body twin engine airliner being developed by Chinese aerospace manufacturer COMAC, to meet growing Chinese domestic air transportation demand, as well as for export sale globally. As of today, COMAC has received 570 orders from over 20 customers.

FTG was selected as a supplier for the C919 aircraft in 2013 and signed a long term Supply Contract with AVIC’s subsidiary – Shanghai Avionics Corp. (SAVIC) for Control Panel Assemblies in 2015. Under the Supply Contract, FTG will design, develop, manufacture and supply the Display Suite Control Panel Assemblies in FTG’s facilities in Toronto, Canada and Tianjin, China. The Supply Contract covers a minimum of 1,440 production ship sets consisting of 9 control panel assemblies per set.
“The COMAC C919 first flight is the biggest and most visible milestone in its development. We are very proud to be a part of it and I am sure the team at SAVIC and everyone involved in the program are equally proud as it is significant not only for China, but also the entire global aerospace industry.” stated Brad Bourne, President and CEO, FTG Corporation. He added, “We realize there is still much work to do and we remain committed to making this program a success as we do with all activities at FTG with our focus on Operational Excellence.”
Shanghai Avionics Corporation (SAVIC) is a wholly-owned subsidiary of AVIC, incorporated and existing under the laws of People’s Republic of China. Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense company.


FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:
FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Hudson, New Hampshire and a joint venture in Tianjin, China.

FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California, Fort Worth, Texas and Tianjin, China.
The Corporation’s shares are traded on the Toronto Stock Exchange under the symbol FTG.


This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation’s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

Fairfax to Sell a Portion of Tembec

Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announced that it has sold, through its subsidiaries, 3,122,050 common shares (the “Shares”) of Tembec Inc. (“Tembec”), representing approximately 3.1% of the issued and outstanding Shares. The Shares were sold over the facilities of the Toronto Stock Exchange between June 12th and 15th at an average price of approximately $4.30 per Share. Fairfax, through its subsidiaries, continues to hold 14,235,644 Shares, representing approximately 14.2% of the issued and outstanding Shares.

Fairfax holds the Shares for investment purposes and, in the future, it may discuss with management and the board of directors of Tembec any of the transactions listed in clauses (a) to (k) of item 5 of 62-103F1 and may further purchase, hold, vote, trade, dispose or otherwise deal in the Shares, in such manner as it deems advisable to benefit from changes in market prices of such securities, publicly disclosed changes in the operations of Tembec, its business strategy or prospects or from any sale, merger or other material transaction involving Tembec.

An early warning report will be filed by Fairfax in accordance with applicable securities laws and will be available on SEDAR at or directly from Fairfax.

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Fairfax’s registered and head office is located at 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7.

EXFO Investor Advisory – Third-Quarter Results for Fiscal 2017

EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the network test, monitoring and analytics experts has announced the company will release third-quarter results for fiscal 2017 after the close of stock markets on June 29, 2017. The news release will be followed by a conference call at 5 p.m. (Eastern time) to review EXFO’s financial results. To listen to the conference call and participate in the question period via telephone, dial (323) 794-2093. Please take note of the required participant passcode: 1063188.

EXFO’s Executive Chairman Germain Lamonde, CEO Philippe Morin and Pierre Plamondon, CPA, Vice-President of Finance and Chief Financial Officer, will participate in the call. An audio replay will be available two hours after the end of the conference call until 8:00 p.m. (Eastern time) on July 6, 2017. The replay number is (719) 457-0820 and the participant passcode is 1063188. The live audio Webcast and replay of the conference call will also be available on EXFO’s website at

IR Calendar

Third-quarter financial results for fiscal 2017, June 29, 2017, 5 p.m. (Eastern time), Telephone: (323) 794-2093 (participant passcode: 1063188) or Audio Webcast: