Press Release

DBRS Releases Report on Canaccord Financial Inc.

Funds & Investment Management Companies
November 26, 2012

DBRS has today released a report on Canaccord Financial Inc. (Canaccord or the Company) that provides further detail on the recently confirmed rating of Pfd-3 (low) on the Company’s Preferred Share obligations. The Negative trend, which was initially assigned in December 2011 following the announcement of the Company’s $400 million acquisition of Collins Stewart Hawkpoint plc (CSHP), is being maintained.

Today’s report and the November 16, 2012, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.