Canada's CMBS market is an asset class whose time has come, according to attendees at last week's Whistler conference, with much talk about new deals coming north of the border.

Rumors are swirling about Montreal-based Laurentian Bank potentially bringing a C$250 million ($179 million) deal to market soon, and the list is growing. Virtually all the big banks are thinking of CMBS deals, sources said, with a big impetus coming from large government employee-based pension funds.

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