RBC Dexia Investor Services announced today that it has been re-appointed as Canadian custodian and securities lending provider for the Province of Manitoba.

This service extension is the culmination of a comprehensive competitive bidding process and builds on a successful 13-year working relationship between RBC Dexia Investor Services and the province.

“The Province of Manitoba has enjoyed a positive working relationship with RBC Dexia Investor Services since 1993,” said Scott Wiebe, director of treasury and banking operations for the Province of Manitoba. “After reviewing the strategic options available in the Canadian marketplace, we found RBC Dexia Investor Services to be the strongest provider. They know our business and they have always demonstrated a willingness to go the extra mile. We are confident in our choice of retaining RBC Dexia Investor Services as our provider of Canadian custody and securities lending services.”

Under this new agreement, RBC Dexia Investor Services will provide custody and securities lending services to Manitoba.

“We are delighted by this announcement and look forward to continuing our successful working relationship with the Province of Manitoba in the months and years to come,” said José Placido, CEO of RBC Dexia Investor Services.

“We are pleased that the Province has demonstrated such confidence in our people and our service offering. We remain committed to helping the Province of Manitoba continue to increase the effectiveness of their operations, minimize their exposure to risk and enhance their returns,” he added.