(February 22 – 17:45 ET) – B2B Trust has deferred its proposed initial public offering of common shares due to unfavourable market conditions,

“The company has sufficient working capital to move forward with its current plans and business activities. Therefore, B2B Trust will not change its strategy” said Bernard Piché, co-chief operating officer and CFO of B2B Trust

Henri-Paul Rousseau, president and CEO of Laurentian Bank of Canada stated that “Laurentian Bank views B2B Trust as a very important strategic investment and intends to continue to support B2B Trust’s development.”

B2B Trust is a regulated financial institution and technology infrastructure company that supplies banking and financial products to independent financial advisors and retailers across Canada. The company is based in Toronto.
-IE Staff