Maple bonds take root

Canadian bond market issuance for the year-to-date, at $12.5 billion, is more than triple the $3.7 billion for the same period a year ago, and is already more than the $9.4 billion issued in all of 2005, according to RBC Capital Markets.

The dramatic increase in issuance follows the repeal of a 30% foreign investment limit on Canadian and pension retirement savings, bringing European and American bond issuers flooding back to the Canadian market. The Canadian government removed the requirements

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