EDMONTON, Alberta –

Carfinco Income Fund’s transition to becoming a corporation has officially been completed.

Earlier this week, Carfinco Financial Group — which is the new corporation — announced the completion of the court-supervised plan of arrangement for the conversion, meaning Carfinco Financial Group will continue the business previously run by the income fund and its subsidiaries.

The plans to become a corporation were first revealed on Sept. 8.

“Pending the final approval of the Toronto Stock Exchange the common shares of Carfinco will begin trading on the TSX one to two business days following the date hereof under the symbol ‘CFN,’” officials noted on Tuesday. “Until such time, the trust units of the Fund will continue trading on the TSX under the symbol ‘CFN.UN.’”