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The Securities and Investment Management Association
In 2025, the association, formerly the Investment Funds Institute of Canada (IFIC), expanded its mandate and is now the leading voice for the securities and investment management industry. SIMA members, including investment fund managers, investment and mutual fund dealers, capital markets participants, and professional service providers, oversee approximately $4 trillion in assets—including mutual funds, ETFs, GICs, stocks, and bonds. They play a crucial role in supporting a stable, financial ecosystem that meets the needs of over 20 million investors and the broader Canadian capital markets.