Standard & PoorÕs is postponing the launch of its Income Trust Index in Canada. The new index was originally scheduled to commence operation at the end of June 2001.

“Due to the unique nature of this product, additional time is required by Standard & Poor’s to complete the necessary research for this index and its sub indices, the Energy Trust index, and the REIT Index,” says the company.

The new index launch is now expected to take place later this fall. The S&P Income Trust Index will be calculated real-time, and will be disseminated through the Toronto Stock Exchange. Constituents, weights, and an index history will be released prior to the new index1s launch.