Live CARR event: “Changing lanes: The road ahead post CDOR and BAs”

DATE: Feb 29, 2024 - 11am - pm ET

Dear CTA Members and Corporate Treasurers across Canada,

The Canadian Alternative Reference Rate Working Group (CARR) will be hosting in partnership PwC a live webinar on February 29 from 11am to 1pm ET to bookend the CDOR journey with a discussion among industry panelists – Changing lanes: The road ahead post CDOR and BAs. The webinar will be recorded and made available after the live session on the TMX Webcast and CARR websites. 

To access the live event participants will need to register with PwC through this registration link. The invitation to the event and registration link can be distributed to your clients or members. 

This year’s session will be focused on lending and hedging, as well as the transition away from the Bankers’ Acceptance market. See below for some more information:

Segment 1 CDOR Transition Overview - 4 months to go (20 mins)

• Karl Wildi, Managing Director and Vice-Chair, CIBC Capital Markets and Co-Chair of the Canadian Alternative Reference Rate Working Group (CARR)

• Harri Vikstedt, Senior Policy Director, Financial Markets Department at the Bank of Canada and Co-Chair of the Canadian Alternative Reference Rate Working Group (CARR)

Segment 2 Loan Transition and Related Hedging (50 mins)

• Carol McDonald, Managing Director & Head, Portfolio Management, Global Natural Resources, BMO, Co-lead of CORRA loan subgroup and CARR member

• Elaine Wright, Assistant Treasurer, Alcoa Corp. and CARR member

• Gavin Morris, Director Datalinx Business Operations, TMX and CARR observer

• Jacqueline Green, Managing Director & Head Financial Markets, CIBC and co-lead of Term CORRA subgroup

• Allan Levitt, Managing Director, Global Markets, CIBC Capital Markets and CORRA loan subgroup member

Segment 3 The Bankers’ Acceptance Market Transition (50 mins)

• Charles Lesaux, Managing Director Fixed Income Repo, RBC Capital Markets and co-chair of the BA Transition Virtual Network (BATVN)

• David Mitchell, Managing Director Liquidity Management, Treasury, OMERS and BA Transition Virtual Network (BATVN) member

• Elaine Lindhorst, Vice President & Director, Active Fixed Income Portfolio Management, TD Asset Management and co-chair of the BA Transition Virtual Network (BATVN)

• Julia Moynihan, Managing Director and Head, Money Markets, CIBC and BA Transition Virtual Network (BATVN) member

• Harri Vikstedt, Senior Policy Director, Financial Markets Department at the Bank of Canada and Co-Chair of the Canadian Alternative Reference Rate Working Group (CARR)

This will be an in-depth discussion on the cessation of CDOR, and provides an opportunity for corporates to pose questions to the CARR panel ahead of the June 2024 CDOR to CORRA transition.