As the Canadian securitization market grows, Montreal-based Laurentian Bank of Canada, the country's seventh-largest bank, is looking to expand into mortgage-backed securities and other products, sources at the company said.

The bank recently completed its purchase of Toronto-based Sun Life Trust Co., an issuer of mortgage-backeds. With this acquisition, the bank can now expand its product line.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.