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• Letter from the Chair
• Letter from the CEO
• Statement of Corporate Governance Practices
• Management's Discussion and Analysis
• Management Statement
• Auditors' Report to the Shareholders
• Consolidated Financial Statements
• Notes to the Consolidated Financial Statements

• Note 1	Note 2	Note 3
  Note 4	Note 5	Note 6
  Note 7	Note 8	Note 9
  Note 10	Note 11	Note 12
  Note 13	Note 14	Note 15
  Note 16	Note 17	Note 18
  Note 19	Note 20	Note 21
  Note 22	Note 23	Note 24
  Note 25	Note 26	Note 27

• Three-year Review: Financial Information
• Board of Directors
• Senior Management
• Shareholder Information

Notes to the Consolidated Financial Statements
Years ended December 31, 2008 and 2007 (In thousands of dollars, except per share amounts)

7. Investment in affiliate:

The Company owns a 47% equity interest in CanDeal.ca Inc. (“CanDeal”), an electronic trading system for the institutional debt market. The investment is accounted for using the equity method. As part of the investment, the Company and CanDeal entered into an agreement under which the Company would provide technological services in support of CanDeal’s electronic trading system. In 2008, the Company charged CanDeal $187 (2007 – $185) for technology services and remitted to CanDeal $695 (2007 – $643) as part of a revenue sharing arrangement and for the supply of technology development.