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Commissions, fees and expenses may be associated with investment funds. Read a fund's prospectus or offering memorandum and speak to an advisor before investing. Funds are not guaranteed, their values change frequently and investors may experience a gain or loss. Past performance may not be repeated.

More about Fidelity Investments Canada ULC
Fidelity Investments Canada ULC (FIC) is registered as a portfolio manager and mutual fund dealer in each province and territory in Canada.

More about Fidelity Clearing Canada ULC
Fidelity Clearing Canada ULC (FCC) is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).

Site content
Materials and content on this site are based on information believed to be reliable and are provided for information purposes only. Where such information is based in whole or in part on information provided by third parties, we cannot guarantee that it is accurate, complete or current at all times. Graphs and charts are used for illustrative purposes only and do not reflect future values or returns on investment of any fund or portfolio. FIC and its affiliates and related entities are not liable for any errors or omissions in the information or for any loss or damage suffered.

No legal, tax or investment advice
The site does not provide investment, tax or legal advice, and is not an offer or solicitation to buy. Particular investment strategies should be evaluated according to an investor's investment objectives and tolerance for risk.

Forward looking statements
This site may contain forward looking statements that are predictive in nature and based on current expectations and projections about future market factors, and which may prove incorrect at a future date. Such statements are not guarantees of future performance, should not be relied upon, and will not be updated as a result of new information, future events or otherwise.

Investment performance
Investment returns are not guaranteed and will fluctuate over time.

No guarantee or insurance
FIC products are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured.

Investly® privacy policy

Last Updated: Sept. 9, 2023

Fidelity Investments Canada ULC ("Fidelity", "we", "our", "us") has always been committed to the confidentiality, integrity and security of your personal information. We believe that treating your personal information with the highest degree of respect is integral to our relationship with you.

This privacy policy (“Policy”) describes how Fidelity collects, uses and discloses your personal information when you interact with us. In particular, this Policy applies to investors, advisors or other investment professionals and other individuals who otherwise interact with us, including through our websites or mobile apps on which this Policy appears. This includes individuals who visit fidelity.ca and privatewealth.fidelity.ca, getinvestly.com or our Investly® app (all online Fidelity websites and apps will be referred to in this Policy as “Fidelity Sites”). This Policy does not apply to our handling of the personal information of our employees or job applicants, which is governed by a separate policy.

In this Policy, “personal information” means any information (in any format) about an identifiable individual. This may include your name, contact information, email address, phone number, date of birth, government issued ID, and information relating to your account with us. It may also include more technical information, such as your IP address, browser settings, and device identifier, but only when such information can identify you as an individual. Information that is aggregated or anonymized and cannot be associated with an identifiable individual is not considered personal information.

Summary

Fidelity collects your personal information only as necessary to provide you with products and services and to promote our products and services to you, as well as to meet regulatory and tax requirements, provide electronic delivery of regulatory and operational documents, and for identity authentication and access management purposes.

If you are an advisor who uses the section of fidelity.ca restricted to advisors, we collect your personal information to ensure that we keep you informed of products and services you may be interested in, and for identity authentication and access management purposes.

Your information may be shared with third-party service providers, in confidence, to provide services such as the preparation and mailing of client account statements.

We may also share your information with other Fidelity companies, other financial institutions, and government organizations and, if you are an investor with your advisor or investment professional, if you have one. Where information is shared outside Fidelity, it is on a strictly limited basis to complete transactions on your behalf, to provide you with services or to meet legal obligations, such as tax reporting.

If you are an investor with an advisor or investment professional, we will only share information with that advisor or investor professional that is relevant to your relationship and necessary to provide you with products and services within the context of that relationship.

Your personal information may be stored and processed by Fidelity affiliates and third-party service providers in Canada and abroad.

Fidelity requires that our service providers and affiliates protect your information and only use it for the limited purpose of providing their services to us.

Personal information is collected from our interactions with you. We might interact with you directly, such as when you call or write to us or visit Fidelity Sites, or we might interact with you indirectly, such as if you are an investor with your advisor or investment professional, if you have one. Personal information collected across Fidelity business lines may be used to form a profile of you and your interactions with Fidelity, both in-person and on digital platforms such as the Fidelity Sites or through a service provider, partner or third party, to better serve you with relevant products, services and advertisements.

Your personal information is protected by extensive physical, electronic and procedural controls, and we regularly review these controls to determine whether they need to be adapted to respond to changing requirements and advances in technology.

When accessing our online services, we use a variety of protections designed to maintain the security of your online session. For example, we make extensive use of firewall barriers, encryption techniques and authentication procedures.

When you visit our Fidelity Sites, we may collect technical and navigational information, such as computer browser type, Internet protocol address, pages visited and average time spent on Fidelity Sites.

We use cookies and similar technologies to support the operation of Fidelity Sites, as well as to promote products and services that may be of interest to you. You can refuse or delete cookies or opt-out of promotions.

Fidelity advertises our products and services on websites not affiliated with Fidelity. We do not permit these companies to use information they collect on Fidelity’s behalf for any purpose other than to assist them with advertising Fidelity products and services.

You may request access to your personal information and question its accuracy and completeness. We will respond to your request within 30 days of receiving it.

You may withdraw all or part of your consent for us to use your personal information, within certain legal restrictions. If you withdraw consent, however, we may be limited in the services or products that we provide to you.

Please click on the following questions or topics to obtain more detailed information.

What categories of personal information do we collect and how do we collect it?

We limit the collection of personal information to what is reasonably required to fulfil the purposes for which it was collected.

We may collect the following personal information about you depending on the services you request or your interactions with Fidelity (e.g., if you are an investor, advisor, investment professional, website visitor or mobile app user):

  • Identifiers and contact information, including your full name, email address, phone number, mailing address, account number and language preference;
  • Background information, including your date of birth, gender, banking and investment information, and government issued ID, such as social insurance numbers (SIN). If you are an advisor, we may also collect information about your designations (CPA, CFA, MBA, etc.), hobbies, recreational interests, dietary information and health information (disabilities), information about your employer/dealer and subjective information, such as comments, opinions and remarks; 
  • Information used to identify you, such as your email address and/or phone number (for the purpose of sending you a code to authenticate your identity so that you can log into password protected areas of Fidelity Sites), answers to security questions and, if you choose to enroll in our voice biometrics program, your voiceprint (i.e., various characteristics unique to your voice);
  • Records that reflect our interactions with you, such as when you call us through our call centers (e.g. complaints, errors and problems), when you contact us online or in-person, or when you use your accounts with us or conduct transactions;
  • Information automatically collected when you visit Fidelity Sites or interact with electronic communications from us, including device identifiers, IP addresses, location information, browser information, network connection information (e.g., Wi-Fi, Bluetooth, near field communication), Internet search provider information, advertising identifiers, website or mobile app usage information (including content visited and average time spent on our websites or mobile apps), as well as email or text message click-throughs; and 
  • Any other information you provide to us, such as when you contact us for customer support, create an account or otherwise interact with us online or in-person.

We may collect this information in several ways, including:

  • Directly from you: We may collect identifiers and contact information, background information, and other personal information you provide when you interact with us, such as when you fill out paper, online or digital forms or applications, enrol in our programs, or otherwise communicate with us. This may also include recordings or live monitoring of telephone or online discussions with our representatives, which we use for our mutual protection, to enhance customer service, for training purposes, and to confirm our discussions with you, in accordance with applicable law. It may also be used to better provide you with more relevant information, offers, products and services.
  • From advisors or investment professionals: If you are working with an advisor or investment professional, we may collect personal information from them that is necessary to provide you with our services. This may include background information, financial information, and other personal information related to your investment profile. For example, we may collect information about your investment goals, risk tolerance, and other information that is relevant to your investment portfolio.
  • Through cookies and similar technologies: We may collect information automatically when you visit a Fidelity Site, or interact with electronic communications from us, including email, text message or digital advertising. This is done through the use of cookies, tracking pixels, Flash objects, web beacons, embedded scripts, and other similar technologies. This information may be used, for example, to alert you to software compatibility issues, to measure the performance of our ads and other online content, to improve our web design and functionality, or to provide you with personalized products and service offerings on third party websites, social media platforms or Fidelity digital platforms. More details can be found in the “Cookies and Similar Technologies” section.
  • From advertising partners: We may receive information about you from the digital advertising companies with whom we work (see Targeting or Advertising section below) to help us deliver ads that may interest you across different browsers and devices. This may include pseudonymous advertiser identifiers that digital advertising companies share with us. We may work with our digital advertising company partners to match their identifiers to our own, to enhance data points about a unique browser or device. We may also receive information about you from experience-based partners holding virtual or in-person events that we may sponsor or have a partnership with, when consent is given by you to participate in the event(s) or consume content in connection with the event(s).
  • From other sources: We may collect personal information that you provide about your family members and other individuals, such as your legal representative or joint account holder. You are responsible for obtaining consent from these individuals and informing them that their information will be provided to Fidelity. By providing such information to Fidelity, you represent that you have obtained such consent in a manner that is satisfactory to Fidelity. 

No matter how we collect your personal information, we try to ensure its accuracy and completeness to the extent required for our use of the information. In order to maintain the accuracy of your information, please make sure we know about any changes as soon as possible.

How do we use your personal information?

We collect information to better serve you. We may use your personal information for the following purposes or otherwise, with your consent or as permitted or required by law:

General Business Purposes

If you are an investor, we collect your name, contact information, Social Insurance Number, banking information and other information necessary to provide you with portfolio management services, to comply with our legal and regulatory obligations and to manage our business operations. This includes complying with our contractual, legal and regulatory obligations, including record keeping and tax reporting obligations, preventing error and fraud, providing you reports, making payments to you by way of electronic funds transfer and responding to inquiries from you or your advisor or investment professional, if you have one.

If you are a member of the general public or are an investor with us, you may subscribe to receive educational and marketing materials from Fidelity, as well as targeted advertising. Fidelity will collect and use your name, contact information and consent for these purposes, and this information and consent may be collected online or over the phone by calling Fidelity

If you are an advisor who uses the section of the fidelity.ca website restricted to advisors, we collect your name, as well as information on the types of tools, products and services that may interest you based on your use of our website, so as to ensure that we can keep you informed of other such products and services, and to support your use of our online tools, products and services

In addition, we will use your personal information to identify you for the purpose of logging into password protected areas of Fidelity Sites. For example, when you provide us with your email and/or phone number, we may use them to send you a code for the purposes of authenticating your identity.

If you call Fidelity and consent to enrolling in Fidelity’s voice biometrics program, we will collect and store a sample of your voice to create your voiceprint (i.e., various characteristics unique to your voice) to allow you to authenticate your identity on future calls without having to respond to a series of security questions. The voiceprint will be used to verify your identity when you call us and try to access your accounts or information. We will only use your voiceprint for the purpose of validating your identity on calls. You may withdraw your consent and unenroll from the program at any time by contacting us as indicated below, in which case you will still be able to verify your identity on calls by responding to security questions.

Research and Data Analytics Purposes

We may use personal information to understand and assess the preferences and interests of our clients to improve our products and services and develop new ones, and to evaluate potential improvements or other modifications to the functionality of the Fidelity Sites, and to our product and service offerings. When required by law, we will use aggregated or anonymized information for these purposes.

Examples of research and data analytics include:

  • Measuring the performance of our ads and other content on the Fidelity Sites and on third-party websites or platforms.
  • Using third-party web analytics services to analyze how users interact with the Fidelity Sites to improve their display, appearance or functionality.
  • Segmenting, classifying and personalizing messaging in connection with predictive marketing tactics.

Marketing and Promotional Purposes

We may use your personal information to communicate with you in a variety of ways (for example, by email, telephone, text message, Fidelity digital properties (including Fidelity Sites), digital advertising, direct mail or through our online customer support services) about our programs, products, services, offers, promotions, contests or events that may be of interest to you. You may unsubscribe from receiving these communications from us at any time, by following the unsubscribe procedure included in each of these communications or by contacting us. For more information on this topic, see the “What privacy rights and choices do you have?” section.

We may also use your personal information, including information collected through cookies and similar technologies, to provide you with personalized content and services, including information and offers that may be of interest to you. We have included additional information about tracking technologies below (see Targeting or Advertising below), and we have provided you with “opt-out” options.

How do we share your personal information?

We may share your personal information with the following third parties:

Affiliates and Related Entities

We may share your personal information with other Fidelity companies, including our parent company, subsidiaries and affiliates, for the purposes described in this Policy. This may include managing operational risks, coordinating the provision of shared IT or other business resources, platforms or infrastructure, marketing our products or services to you, providing you with the products and services you request, having visibility and the ability to service you across lines of businesses, and complying with legal and regulatory requirements.

We may combine the personal information we collect across business lines with other demographic information about you, your investment profile, and your online and offline interactions with Fidelity, to create an integrated profile of you so that we may keep you informed of products and services that may be of specific interest to you.

We may share your personal information with third-party service providers to perform services on our behalf. These service providers may include financial institutions, accounting, law and other professional service firms, technology companies (which includes information technology services and software companies), mailing, courier, imaging, document storage, marketing and advertising firms and platforms (see below) and other vendors. We may share your personal information with these service providers for the purposes described in this Policy, including:

  • security and fraud prevention.
  • setting up and maintaining client accounts and trades.
  • preparing and mailing client statements and other relevant documents.
  • processing payments and facilitating electronic payment/collection of monies.
  • document delivery, storage, including cloud storage and hard copy storage of documents.
  • satisfying regulatory obligations, including identity verification, screening, filing, reporting and legal and regulatory analysis.
  • research and data analytics.
  • understanding the client to provide better products and services, including marketing and promoting products and services as follows: 
    We may use your personal information within digital marketing platforms licensed by Fidelity and its partners to help us market our products to you or provide you with services, such as email, text, website, app, customer relationship management, customer data platforms, demand side platforms, and other software suites. We may also share your personal information with service providers who help us market and promote our products or services to you. For example, we may work with a digital advertising agency to provide you with relevant online ads or with a direct mail service to send you marketing communications.

When we share your personal information with service providers, we take steps to ensure that your information is protected. We use contractual means to provide the information with an appropriate level of protection, and we require our service providers to use your personal information only for the purpose for which it was shared and to handle it in accordance with applicable laws.

Advisors or Investment Professionals

If you are an investor with an advisor or investment professional, we may share your personal information with your advisor or investment professional for the purpose of providing services to you, fulfilling your requests, or as otherwise described in this Policy. We will only share information with that advisor or investor professional that is relevant to your relationship and will not share information collected from Fidelity or other Fidelity business lines outside the context of that relationship, without your consent.

Governmental and Regulatory Authorities and Self-Regulatory Organizations

We may disclose your personal information to governmental and regulatory authorities and self-regulatory organizations, including the Canadian Investment Regulatory Organization and provincial securities commissions, as required or permitted by law, such as to comply with legal and regulatory obligations (such as tax reporting) or in response to a search warrant, court order or other valid request. Please note that when the information is disclosed to these entities, they may in turn disclose it to other governmental and regulatory authorities in accordance with their own policies and practices and applicable laws.

Other Third Parties

Fidelity may also share your personal information with certain government entities or other third parties as permitted or required by law, such as where there is reasonable cause to believe your personal information has been compromised and reporting to such an entity may reduce or mitigate the risk of significant harm to you. We may also share your personal information when necessary for a business transaction, including the sale or transfer of all or part of our business to a third party, in accordance with applicable law.

How do we protect your personal information?

We have always considered the protection of personal information to be a foundation of customer trust and a sound business practice. We employ extensive physical, electronic and procedural controls, and we regularly review these controls to determine whether they need to be adapted to respond to changing requirements and advances in technology. Within Fidelity and among our service providers, we aim to restrict access to personal information to those who need it to provide products and services to you.

We implement a combination of security measures to protect your personal information, including:

  • Internal policies and procedures that govern the protection of personal information throughout its life cycle. These include policies and procedures that define the roles and responsibilities of our personnel when handling personal information, establish a process for handling complaints about the protection and processing of personal information, and govern the retention and destruction of such information;
  • Physical, technical and organizational measures to limit access to personal information on a “need-to-know” basis and protect against loss or unauthorized access, use or disclosure of personal information, including firewall barriers, encryption techniques and authentication procedures;
  • Employee privacy training courses;
  • Designation of a Privacy Officer to oversee compliance with applicable privacy laws.

The transmission or storage of information via electronic means can be compromised or exposed to unauthorized parties. While Fidelity has taken steps to protect your information, we encourage you to take precautions to ensure your information is kept secure and only transferred to us via secure means.

How long do we keep your personal information?

We retain your personal information for as long as necessary to provide our services to you, to manage our business operations, to comply with our legal and regulatory obligations, to fulfill the purposes described in this Policy or as otherwise required or permitted by law. When your information is no longer needed, we will securely destroy or anonymize it (so that the information can no longer be used to identify you) in accordance with applicable law.

Cross-border Transfers of Personal Information

At times, we may use other Fidelity companies located outside of Canada, including in the European Union, the United Kingdom, and the United States, to perform data storage and processing services for us, and may use third-party service providers located outside of Canada. This may involve the transfer of your personal information to these entities. In such cases, the information may be subject to the law of that foreign jurisdiction, including any law permitting or requiring disclosure of the information to the government, government agencies, courts and law enforcement in that jurisdiction. In all cases, we require that our service providers protect your information and only use it for the limited purpose of providing their services to us.

Cookies and Similar Technologies

Cookies are small amounts of data that a website sends to a web browser on a visitor’s computer. We use cookies and similar technologies to support the operation of Fidelity Sites, as well as to promote products and services that may be of interest to you.

You can refuse or delete cookies. Most browsers and mobile devices offer their own settings to manage cookies. If you refuse a cookie when on a Fidelity Site, or if you delete cookies, you may experience some inconvenience in your use of Fidelity Sites. For example, you may not be able to sign in and access your account, or we may not be able to recognize you, your device or your online preferences.

Website cookies

Our cookies help us to collect information about visitors to Fidelity Sites, including date and time of visits, pages viewed, amount of time spent on our sites, or general information about the device used to access the site. Fidelity cookies are also used for security purposes and to personalize your experience, such as customizing your screen layout.

These cookies are collected via Google Analytics, which is a web analytics service provided by Google Inc. that provides statistics about visitors to our Fidelity Sites.

You can opt-out of these cookies by clicking here.

Email cookies

Fidelity also uses cookies and similar technologies in the emails that we send. We will gather information such as your IP address and geographical location, as well as whether you open the email, which links you click on within the email and any Fidelity Sites you subsequently visit. We will have the ability to link any activity on Fidelity webpages and emails we send to your email address. This is done by matching your IP address, as opposed to storing any personal information about you. Please note this does not track any activity on non-Fidelity pages. You can remove these cookies from your device at any time by clearing your cookies and cache.

Third Party Functionalities

Our Fidelity Sites will from time-to-time use YouTube’s API services in connection with embedding video thumbnail images and descriptions provided by YouTube LLC (“YouTube”). As such, you acknowledge and agree that by accessing the videos linked through the embedded video thumbnail images and descriptions, you are also bound by YouTube’s Terms of Service and Google’s Privacy Policy. Using YouTube’s offering requires a connection to be established to YouTube’s servers. During this process, certain information is transmitted to YouTube. We do not control the collection, storage or use of any of your information by YouTube and do not have access to any information collected. You should review Google’s and YouTube’s Privacy Policies carefully before you use any YouTube features. Further information about how your data is collected and used by YouTube and your rights in relation to this can be found in YouTube's privacy policy at www.youtube.com.

Targeting or Advertising Through Interest Based Advertising

We participate in various forms of targeted advertising (interest-based advertising) and use third-party analytics and advertising companies to provide you with targeted advertising and offers. Specifically, we permit third-party online advertising networks and services, social media companies and other third-party services, to collect information about your use of Fidelity Sites over time so that they may display advertisements on Fidelity Sites, or on other websites, applications or services that you may use, and other devices that you may use.

Typically, targeting or advertising cookies will be used to deliver advertisements relevant to you. They are also used to limit the number of times you see an advertisement, as well as to help measure the effectiveness of the advertising campaign. Such cookies or tracking technologies may recognize the device you are using and collect click stream information, browser type, time and date or your visit to Fidelity Sites or elsewhere online, and similar information. Targeting cookies are used to:

 

  • understand what Fidelity advertisements you might be interested in on our site

    •  

     

  • understand what Fidelity advertisements you might be interested in on other sites

    •  

    As part of this, we use several third-party services to help us understand what advertisements you might be interested in. These cookies hold information about your computer, and they might hold a record of what other websites you've looked at, so that we can show you promotions while visiting other websites.

    We may also use advertising cookies to link to social media networks such as Facebook,  LinkedIn, Instagram, Twitter and other widgets. They will use any information about your visit to Fidelity Sites to recognize you, set a cookie or employ other tracking technologies, then deliver targeted advertising to you. 

    You can opt-out of these cookies at any time by checking your settings with the relevant social media platform or within your browser. Your interactions with these features are governed by the privacy policies of those companies. If you do not want to receive targeted ads on your social networks, you may be able to adjust your advertising preferences; for example:

    We may also share certain anonymized information with our third-party advertising partners (such as a hashed email address or other anonymized and encrypted “remarketing” lists) to help identify you across sites and across devices and to show you relevant ads, generate similar audiences and to show dynamic ads. As noted above, for social media companies, you can adjust your advertising preferences within the social platforms themselves. The social media companies that interact with our site, and all of the other third-party advertising services that we use, are detailed in the chart that is available at the end of this Policy. We endeavour to keep this chart up to date but may remove or add service providers from time to time. Please contact us if you have any questions about our current services.

    We, and our third-party service providers, use cross-device linkage so that the content that you view on one device can result in you receiving relevant advertising on another device, and also to allow us to perform analytics on our products and services and assess the effectiveness of our advertising. We do this by collecting information about each device you use when you visit Fidelity Sites. We may also work with third-party partners who employ tracking technologies, or the application of statistical modelling tools, to determine if two or more devices are linked to a single user and/or household. We may share a common account identifier (such as an email address or user ID) with third-party advertising partners to help recognize you across devices.

    Fidelity has engaged the following service providers, who may use advertising or targeting cookies; you can opt-out of vendor-specific cookies by clicking on the relevant links below:

    Service Provider Description Provider Policy / Opt-Out
    Adobe Experience Cloud These cookies are used to collect information in an anonymous form about how visitors use the website. The information is used to help us improve the site. Opt-out of Adobe
    AdWords  Google AdWords is an advertising service by Google for businesses wanting to display ads on Google and its advertising network.  Opt-out of AdWords cookies
    Bing Microsoft product that provides pay-per-click advertising on both the Bing and Yahoo! search engines.  Opt-out of Bing cookies
    Decibel Insight Decibel Insights is a digital customer experience tool used to identify and measure site performance issues. Opt-out of Decibel Insights
    Adform Adform is used to provide Internet ad serving services. Right to Withdraw Consent - Adform Site
    Facebook Facebook is a social networking service that operates via websites and mobile apps.  Opt-out of Facebook cookies
    Google Analytics Web analytics service provided by Google Inc. that provides statistics about visitors to our website. Opt-out of Google Analytics
    Google Display Network & Floodlight  Google Display Network platform provides digital advertising on websites to promote your business, easy and effective. Opt-out of Google Display Network & Floodlight
    Hatch64 A digital advertising and media partner. They do not handle any Personally Identifiable Information (PII) and default to the privacy policies of their clients, platforms, and industry best practices. They license numerous media buying platforms and executes campaigns in house by their team of specialists. For Fidelity’s campaigns they utilize LinkedIn, Google, and StackAdapt platforms. Opt-out of LinkedIn cookies
    Opt-out of StackAdapt cookies
    LinkedIn Business and employment-oriented social networking service that operates via websites and mobile apps. Opt-out of LinkedIn cookies
    Marketo Marketo provides Marketing Automation software focused on email, mobile, social, digital ads, web management, and analytics.   Delete cookies in browser settings
    X (formerly Twitter) Twitter is an online news and social networking service where users post and interact with messages, “tweets.”  Opt-out of Twitter cookies

    What privacy rights and choices do you have?

    You may request access to your personal information and request that it be corrected if it is inaccurate, incomplete or not up-to-date. In some cases, you may also request that we delete your information if its collection, disclosure or retention is not authorized by applicable law. We will respond to your request within 30 days of receiving it, in accordance with applicable law. You can exercise these rights by contacting us as described in the “How to contact us about privacy?” section.

    You may withdraw your consent for us to use your personal information for secondary marketing purposes, either by using the unsubscribe option that we provide in electronic communications, or by contacting us at any time to request that we do not use your personal information for this purpose.

    We use cookies and similar technologies to manage and improve Fidelity Sites and personalize your experience, to serve targeted advertisements, and to measure the performance of our ads and other online content. You may delete or disable some of these technologies at any time via your browseror by clicking here. However, if you do so, you may not be able to use some of the features of Fidelity Sites. You can learn more about these practices and related privacy choices in the “Cookies and Similar Technologies” and “Targeting or Advertising Through Interest Based Advertising” sections.

    You may also withdraw all or part of your consent for us to use or disclose your personal information, subject to certain legal or contractual restrictions. For example, we may be required or permitted by law to retain your personal information to comply with our legal or regulatory obligations, to establish, exercise or defend our legal rights or interests, or to protect you and others against fraud and other harmful activities. We may also need your personal information to provide you with the products or services you request. If you withdraw consent in these cases, we may be limited in the services or products that we provide to you. Please contact us to learn more.

    How to report fraudulent sites

    Protect your data: Be aware of look-alike websites and other scams. If you suspect that a website or email claiming to be from Fidelity is fraudulent, please report it to cyber.defence.canada@fidelity.ca.

    Changes to the Policy

    We may make changes to this Policy from time to time at our sole discretion. Any changes we make will be effective when we post the revised policy on the Fidelity Sites or contact you to inform you when required by law. If we make any material changes to the Policy, we will update the Last Updated date on this Policy. We encourage you to look for updates and changes to this Policy when you access the Fidelity Sites. By continuing to interact with us after the modified version of the Policy has been posted, you are accepting the changes to the Policy, subject to any additional requirements that may apply. It is your responsibility to ensure that you read, understand and accept the latest version of the Policy.

    How do you contact us about privacy?

    We welcome your privacy questions.

    Email:     FICCustService@fidelity.ca
    Telephone: 1 800 263-4077

    If you are not satisfied with the results of your email or phone call, contact

    Chief Privacy Officer
    privacy@fidelity.ca

    Telephone:     1 800 263-4077
    Fax: (416) 307-5349

    or by mail at:
    Attention Chief Privacy Officer
    Fidelity Investments
    483 Bay Street, Suite 300
    Toronto, ON
    M5G 2N7

    Important legal information

    Terms of use

    Read before continuing - Your acceptance of terms of use

    Fidelity Investments Canada ULC ("Fidelity") is pleased to provide you with the products, services, content, tools and information on the Investly® sites (the term "Investly® site" refers to all Investly® websites, as well as to the content on them). The Investly® sites are intended only for your personal, non-commercial use, unless you and Fidelity have agreed otherwise in writing. Your use of the Investly® site is subject to the following terms of use ("terms").

    These terms are a binding contract between you and Fidelity. By using or accessing the Investly® sites, you accept and agree to be bound by these terms. Your use of the Investly® sites is governed by the version of the terms in effect on the date each Investly® site is accessed by you. Fidelity may modify these terms at any time without prior notice. You should review the most current version of this document by visiting getinvestly.com and clicking on the legal terms of use hyperlink located at the bottom of the page. These terms are in addition to any other agreements between you and Fidelity, including any customer or account agreements, and any other agreements that govern your use of products, services, content, tools and information available on the Investly® sites. Fidelity may terminate your access to the Investly® sites for any reason, without prior notice.

    About Fidelity

    Fidelity was established in Canada in 1987. Fidelity is part of a group of companies collectively known as Fidelity Investments. Fidelity offers Canadian investors a full range of domestic and international mutual funds or pools through a number of advice-based channels, including financial planners, investment dealers, banks and insurance companies.

    Investly®, part of Fidelity, is Fidelity’s digital advisor solution for first time and do-it-yourself investors, relying on a combination of proprietary algorithms and human oversight to automatically direct a client’s contributions into appropriate investments, based on their goals and risk tolerance.

    Mutual funds or pools

    Fidelity Funds, Fidelity Capital Structure Corp. mutual funds, Fidelity ETFs and Fidelity Private Investment Pools are managed by Fidelity and are available through independent dealers. Certain Fidelity Funds and Fidelity ETFs may also be offered as part of the portfolios available through Investly®.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus, which contains detailed investment information, before investing. The indicated rates of return (other than for each money market fund) are historical annual compounded total returns for the period indicated including changes in unit value and reinvestment distributions. The indicated rate of return for each money market fund is an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven-day return and does not represent an actual one-year return. The indicated rates of return do not take into account sales, redemption, distribution or option charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured. Their values change frequently. There can be no assurances that any money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Past performance may not be repeated.

    As with any investment, there are risks to investing in mutual funds or pools. There is no assurance that any mutual fund or pool will achieve its investment objective, and its net asset value, yield and investment return will fluctuate from time to time.

    Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future values of any mutual fund or returns on investment in any mutual fund.

    A return of capital reduces an investor’s adjusted cost base. Capital gains taxes are deferred until units are sold or until their ACB goes below zero. Investors should not confuse this cash-flow distribution with a fund’s rate of return or yield. While investors in Fidelity’s tax-efficient series (T-SWP®) will be able to defer some personal capital gains, they must still pay tax on capital gains distributions. T-SWP will also pay a year-end distribution that must be reinvested in additional securities of the applicable fund.

    The monthly cash-flow distributions on T-SWP are not guaranteed will be adjusted from time to time and may include income.

    Currency Neutral Funds (Pools) use derivatives to mitigate the fund’s exposure to changes in exchange rates between developed market currencies (or U.S. currency) and the Canadian dollar. The investment approach used by the funds (Pools), while effective in reducing exchange rate risk, will not completely eliminate the impact of currency fluctuations. The funds’ (Pools’) returns will differ from the local currency returns of its underlying funds.

    The performance of an index fund is expected to be lower than the index it seeks to track.

    Standard deviation is a statistical measure of the range of a fund’s performance. When a fund has a high standard deviation, its range of performance has been very wide, indicating that there is a great potential for volatility than those with low standard deviations.

    The breakdown of fund investments is presented to illustrate the way in which a fund may invest, and may not be representative of a fund’s current or future investments. A fund’s investments may change at any time.

    The statements contained herein are based on information believed to be reliable and are provided for information purposes only. Where such information is based in whole or in part on information provided by third parties, we cannot guarantee that it is accurate, complete or current at all times. It does not provide investment, tax or legal advice, and is not an offer or solicitation to buy. Graphs and charts are used for illustrative purposes only and do not reflect future values or returns on investment of any fund or portfolio. Particular investment strategies should be evaluated according to an investor’s investment objectives and tolerance for risk. Fidelity and its affiliates and related entities are not liable for any errors or omissions in the information or for any loss or damage suffered.

    From time to time a manager, analyst or other Fidelity employee may express views regarding a particular company, security, and industry or market sector. The views expressed by any such person are the views of only that individual as of the time expressed and do not necessarily represent the views of Fidelity or any other person in the Fidelity Investments organization. Any such views are subject to change at any time, based upon markets and other conditions, and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity Fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity Fund.

    Certain statements in this commentary may contain forward-looking statements (“FLS”) that are predictive in nature and may include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and assuming no changes to applicable tax or other laws or government regulation. Expectations and projections about future events are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable and, accordingly, may prove to be incorrect at a future date. FLS are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any FLS. A number of important factors can contribute to these digressions, including, but not limited to, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition and catastrophic events. You should avoid placing any undue reliance on FLS. Further, this is no specific intention of updating any FLS whether as a result of new information, future events or otherwise.

    While the fund is typically managed to this constraint, the portfolio manager retains the discretion to deviate from it, and it is not included in the offering document as part of the fund’s investment strategies.

    Morningstar Ratings are based on fund returns for the previous month end period and are subject to change monthly. Morningstar Star Ratings are assigned based on the ranked Morningstar Risk-Adjusted Return of each fund compared to other funds in the same CIFSC Category. Morningstar calculates ratings for the three-, five- and ten-year periods, and then the Overall Morningstar Rating is based on a weighted average of Morningstar Ratings for available time periods. Morningstar calculates ratings for categories with at least five funds. If a fund scores in the top 10% of its category, it receives five stars; if it falls in the next 22.5%, it receives four stars; the next 35% earns a fund three stars; those in the next 22.5% receive two stars; and the lowest 10% receive one star. For greater detail, see morningstar.ca

    © 2023 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is not a guarantee of future results.

    The Morningstar quartiles divide the ranked returns of all funds in a category into four groups with an equal number of funds in each (1,2,3,4). The quartile measure shows how well a fund has performed compared to all other funds in the same category over the same time period and are updated monthly. For the purpose of calculating quartile breakpoints, Morningstar assesses the return of each series of multi-series funds a fractional weight so that in aggregate a fund offered in multi-series, e.g., Series A, Series B, etc., occupies no more than one place in the category. Each series of each fund is then assessed a quartile rating depending upon where its return is situated relative to the quartile breakpoints. This accounting prevents a single portfolio in a smaller category from dominating any portion of the rating scales. The top 25% of funds (or quarter) are at the first quartile, the next 25% of funds are at the second, and the next group is of the third quartile. The bottom 25% of funds with the poorest performance is at the fourth quartile.

    A fund’s volatility is determined using statistical measure called “standard deviation.” Standard deviation measures the amount of variability of returns that has historically occurred relative to the average return. The higher the standard deviation of a fund, the greater the range of returns it has experienced in the past. Other types of risk, both measurable and non-measurable, exist. In addition, just as historical performance may not be indicative of future returns, a fund’s historical volatility may not be indicative of its future volatility.

    Mutual fund strategies and current holdings are subject to change.

    Regulatory restrictions limit publishing to investors any performance returns for funds or portfolios with a history of less than one year.

    Information for foreign investors

    This communication does not constitute an offer or solicitation by anyone in the United States or any other jurisdiction in which such an offer or solicitation is not authorized to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should consult with their advisor to determine if: (1) these mutual funds or pools may be lawfully sold in their jurisdiction; and/or (2) Investly® services may be lawfully procured in their jurisdiction.

    No investment recommendations or professional advice

    Generally, the Investly® sites do not provide tax, legal, insurance or investment advice, and nothing on the Investly® sites should be construed as an offer to sell, a solicitation or an offer to buy or a recommendation of any security by Fidelity or any third party. However, certain tools available on the Investly® sites may be deemed to provide general investment advice, within the meaning of the securities laws, based upon your personalized input. Unless otherwise specified, you alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you, based on your investment objectives and personal and financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.

    Views expressed regarding a particular company, security, industry or market sector are the views of only that individual as of the time expressed and do not necessarily represent the views of Fidelity or any other person in the Fidelity Investments organization and are not a recommendation to buy or sell. Any such views are subject to change at any time based upon markets and other conditions, and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity Fund or Pool are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity Fund or Pool.

    Copyright policy, linking policy and trademarks

    Unless you and Fidelity have agreed otherwise, links from another website to a Investly® site must resolve to the top-level homepage of an Investly® domain (e.g., www.getInvestly.com).

    In order to avoid confusion, if you do link from another website to an Investly® top-level homepage, your website, and the link itself, may not suggest that Fidelity endorses, sponsors or is affiliated with any non-Fidelity website, entity, service or product, and may not make use of any Fidelity trademarks or service marks other than those contained within the text of the link.

    All word marks, trademarks and service marks on the Investly® sites belong to Fidelity, except third-party trademarks and service marks, which are the property of their respective owners.

    If you believe that your work has been copied in a way that constitutes copyright infringement, please provide Fidelity with the following information:

    1. a physical or electronic signature of a person authorized to act on behalf of the owner of the copyright allegedly infringed;
    2. a description of the copyrighted work that you claim has been infringed, or, if multiple copyrighted works are the subject of a single notice, a representative list of such works;
    3. an identification of the allegedly infringing material, and a description of where that material is located on the Investly® sites;
    4. your address, telephone number and email address;
    5. a statement by you that you have a good-faith belief that use of the disputed material in the manner complained of is not authorized by the copyright owner, its agent or the law; and
    6. a statement by you that the information you provide in your notice is accurate and that you are the owner of the allegedly infringed copyright, or that you are authorized to act on behalf of the copyright owner.

    Fidelity's Agent for Notice of claims of copyright infringement can be reached as follows:
    By mail: Robyn Mendelson, Fidelity Investments Canada ULC, 483 Bay Street Suite 300, Toronto, Ontario M5G 2N7
    By phone: 416-307-5200
    By email: robyn.mendelson@fidelity.ca

    Third-party content and sites

    The Investly® sites include general news and information, commentary, interactive tools, quotes, research reports and data concerning the financial markets, securities and other subjects. Some of that content is supplied by companies that are not affiliated with Fidelity ("third-party content"). Most third-party content is available through framed areas or through hyperlinks to third-party websites, and its source is clearly and prominently identified.

    The Investly® website may use YouTube's API services in connection with embedding video thumbnail images and descriptions provided by YouTube LLC ("YouTube"). As such, you acknowledge and agree that if you access the videos linked through the embedded video thumbnail images and descriptions, you are also bound by YouTube's Terms of Service and Google's Privacy Policy. Using YouTube's offering requires a connection to be established to YouTube's servers. During this process, certain information is transmitted to YouTube. We do not control the collection, storage or use of any of your information by YouTube and do not have access to any information collected. You should review Google's and YouTube's Privacy Policies carefully before you use any YouTube features. Further information about how your data are collected and used by YouTube and your rights in relation to this can be found in YouTube's privacy policy at www.youtube.com.

    Although third-party content may be framed-in on the Investly® sites or available through a link to a third-party site, Fidelity does not prepare, edit or endorse third-party content. Fidelity therefore does not guarantee its accuracy, timeliness, completeness or usefulness, and is not responsible or liable for any content, advertising, products or other materials on or available from third-party sites. You will use third-party content only at your own risk.

    Changes to Investly® sites

    Unless otherwise agreed, Fidelity may discontinue or modify the Investly® sites at any time without prior notice to you, and you accept those modifications if you continue to use the Investly® sites.

    All content on the Investly® sites is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache setting on your browser to ensure you are receiving the most recent data.

    Prohibited uses

    Because all servers have limited capacity and are used by many people, do not use Investly® sites in any manner that could damage or overburden any Fidelity server, or any network connected to any Fidelity server. Do not use Investly® sites in any manner that would interfere with any other party’s use of the Investly® sites.

    Certain parts of the Investly® sites may be protected by passwords or require login. You will not obtain or attempt to obtain unauthorized access to such parts of the Investly® sites, or to any other protected materials or information, through any means not intentionally made available by Fidelity for your specific use.

    You should not access the Investly® sites through devices or services that are designed to provide high-speed, automated, repeated access, unless such devices are approved or made available by Fidelity.

    Password security and notification

    If you have a personal identification number (PIN) for access to non-public areas of the Investly® sites, you are solely responsible for all activities that occur in connection with your PIN. Accordingly, you should take steps to protect the confidentiality of your PIN. Notify Fidelity immediately if you become aware of any disclosure, loss, theft or unauthorized use of your PIN.

    Disclaimer of warranties

    • Fidelity does not make any express or implied warranties about the Investly® sites, including but not limited to implied warranties of merchantability, fitness for a particular purpose or non-infringement.
    • The Investly® sites are made available to you "as is" and "as available," and Fidelity does not warrant that any defects or inaccuracies will be corrected.
    • Fidelity does not warrant that the Investly® sites will meet your needs, or that they will be uninterrupted, timely, secure or error-free. Fidelity also makes no warranty that the results obtained from the use of the Investly® sites will be accurate or reliable, or that the quality of any products, services, information or other material purchased or obtained by you through the Investly® sites will meet your expectations. This provision may not apply to participants in certain employer-sponsored workplace savings plans.

    Limitation of liability

    • Fidelity does not make any express or implied warranties about the Investly® sites, including but not limited to implied warranties of merchantability, fitness for a particular purpose or non-infringement.
    • The Investly® sites are made available to you "as is" and "as available," and Fidelity does not warrant that any defects or inaccuracies will be corrected.
    • Fidelity does not warrant that the Investly® sites will meet your needs, or that they will be uninterrupted, timely, secure or error-free. Fidelity also makes no warranty that the results obtained from the use of the Investly® sites will be accurate or reliable, or that the quality of any products, services, information or other material purchased or obtained by you through the Investly® sites will meet your expectations. This provision may not apply to participants in certain employer-sponsored workplace savings plans.
    • Fidelity will not be liable to you or anyone else for any loss resulting from a cause over which Fidelity does not have direct control. This include failure of electronic or mechanical equipment or communications lines (including telephone, cable and Internet), unauthorized access, viruses, theft, operator errors, severe or extraordinary weather (including flood, earthquake or other act of God), fire, war, insurrection, terrorist act, riot, labour dispute and other labour problems, accident, emergency or action of government.

    Unclaimed property

    The provinces of Alberta, British Columbia, New Brunswick and Quebec have enacted regulations concerning unclaimed property. As a result, Fidelity Investments Canada ULC ("Fidelity") has implemented policies and procedures to locate investors (including Fidelity’s Investly® clients) for whom we are holding unclaimed property, if their last known address was in one of the four provinces. Unclaimed property could include mutual fund units, limited partnerships and cheques and is deemed "unclaimed" in the following circumstances:

    • a communication or cheque has been mailed to a Fidelity client for whom we are holding an account and has been returned as "undeliverable";
    • a communication has been sent to a client for whom we are holding an account requesting that an action be taken by a specified date, and no action has been taken;
    • a cheque was sent to a client for whom we are holding an account and the cheque has not been cashed;
    • the client has not indicated an interest in the account;
    • the value of the unclaimed property is $250.00 or more for owners of accounts residing in the province of Alberta;
    • the value of the unclaimed property is $50.00 or more for owners of accounts residing in the province of British Columbia; or
    • any value of unclaimed property for owners of accounts residing in the province of Quebec or New Brunswick.

    Fidelity is required to make contact with individual owners for whom we are holding unclaimed property. Efforts to locate such individuals may include, but are not limited to the following means:

    • correspondence with investment professionals;
    • searching our recordkeeping system for other existing accounts;
    • public listing searches (telephone book, 411 assistance, www.canada411.ca and other electronic databases); and
    • engagement of vendors specialized in updating client information.

    Fidelity maintains a list of unclaimed property owners whom we have been unable to contact. If you would like to request a search of our database, please contact:

    Client Services

    483 Bay Street, Suite 300

    Toronto, Ontario M5G 2N7

    1 800 263-4077

    Email: FICCustService@fidelity.ca

    You will be required to provide appropriate documentation to validate your status as the owner, heir or assignee.

    Accessibility at Investly®

    Fidelity Investments Canada ULC ("Fidelity" or "we") is committed to treating all people in a way that allows them to maintain their dignity and independence. We believe in integration and equal opportunity. We are committed to meeting the needs of people with disabilities in a timely manner, and will do so by preventing and removing barriers to accessibility and meeting accessibility requirements under the Accessibility for Ontarians with Disabilities Act (AODA) and the Integrated Accessibility Standards Regulations (IASR).

    Accessible formats and communication supports

    Fidelity will, upon request, provide or arrange to provide accessible formats and communication supports for information on Investly® websites ("Investly® information"). We are committed to providing or arranging to provide Investly® information in a timely manner, taking into account the person’s accessibility needs.

    Fidelity has outlined its accessibility strategy in the following policies:

    Accessible formats of our Multi-Year Accessibility Plan (2022) and Accessible Customer Service Policy are available upon request.

    Investly® social media

    Overview

    Investly® social media accounts are managed by Fidelity Investments Canada ULC (“Fidelity” or “we”) and include Instagram, Facebook and YouTube. They are intended for general information purpose only. Information provided does not constitute a recommendation to buy or sell any particular financial product or service, and is not intended to provide specific personalized advice, including, without limitation, investment, financial, legal, accounting or tax advice. Please consult an appropriate tax and/or investment professional regarding your particular circumstances.

    Forward looking statements

    Certain Investly® content may contain forward-looking statements (“FLS”) that are predictive in nature and may include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates” and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest, and assuming no changes to applicable tax or other laws or government regulation. Expectations and projections about future events are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable and, accordingly, may prove to be incorrect at a future date. FLS are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any FLS. You should avoid placing any undue reliance on FLS. Further, there is no specific intention of updating any FLS, whether as a result of new information, future events or otherwise. Before making any investment decisions, we encourage you to consider all relevant factors carefully.

    Third-party platform terms and conditions

    Investly® social media pages are on third-party platforms. You acknowledge that your use of Investly® social media sites is governed not only by our guidelines but also by the terms and conditions of the social media platforms. Please read the respective platform’s terms of service, privacy policies and cookie policies. The amount of information about a user that is available publicly depends on the user's privacy settings.

    Your privacy

    Fidelity reminds users to regularly check and adjust individual privacy settings, as they may change over time. Comments and/or replies left by individuals on Investly® social media platforms can be read by anyone. Therefore, we strongly advise users not to post personal information, either their own or the information of others, on our channels.

    Use of information

    We may use information provided on social media – including, but not limited to, opinions contained in your comments, replies or messages to us – for statistical or analytical purposes.

    Information on social media is not legal and official policy and is subject to change

    Investly® information contained herein is believed to be reliable. Where such information is based in whole or in part on information provided by third parties, we cannot guarantee that it is accurate, complete or current at all times. Graphs, charts and graphics are used for illustrative purposes only and do not reflect future values or returns on investment of any fund or portfolio. Particular investment strategies should be evaluated according to an investor’s investment objectives and tolerance for risk. Any products and services, including investment, trading or tax strategies, must be evaluated relative to each individual’s goals, objectives and risk tolerance. Fidelity, its affiliates and related entities are not liable for any errors or omissions in the information or for any loss or damage suffered.

    No endorsement

    Investly® social media accounts may follow other users, share or provide hyperlinks to third-party content, and “like/favourite” third-party content. Doing so is intended to provide additional perspective and should not be construed as an endorsement of any individuals, services, products, guidance or points of view. Comments and opinions posted by users are the responsibility of the person who posts them. Fidelity does not endorse or guarantee the accuracy of the content posted by others. Any opinions expressed by our followers are those of the persons submitting the comments and do not necessarily represent the views of Fidelity and its affiliates.

    Consequences of non-compliance

    Fidelity reserves the right to block any follower who posts or reshares content that is deemed inappropriate or offensive or that constitutes a testimonial, advice, recommendation or advertisement for securities, products or services or that is promotional in nature. We also reserve the right to block followers whose social media pages contain offensive or inappropriate content or serve as promotional sites. We reserve the right to review, edit, remove and/or report any posts, comments or replies deemed defaming, misleading or inappropriate, or that are in violation of these guidelines, our copyright, trademark and other legal policies.

    Should you have any questions about our social media policies, please email us at fidelitysocialmedia@fidelity.ca