Canaccord Genuity Group Inc. (CCORF) Q2 2022 Earnings Call Transcript

Canaccord Genuity Group Inc. (OTCPK:CCORF) Q2 2022 Earnings Conference Call November 3, 2022 8:00 AM ET

Company Participants

Daniel Daviau - President and Chief Executive Officer
Don MacFayden - Chief Financial Officer

Conference Call Participants

Graham Ryding - TD Securities
Stephen Boland - Raymond James
Rob Goff - Echelon
Jeff Fenwick - Cormark Securities

Operator

Good morning, ladies and gentlemen. Thank you for standing by. I'd like to welcome everyone to the Canaccord Genuity Group Inc. Fiscal 2023 Second Quarter Results Conference Call. [Operator Instructions] As a reminder, this conference call is being broadcast live online and recorded.

I would now like to turn the conference call over to Mr. Dan Daviau, President and CEO. Please go ahead, Mr. Daviau.

Daniel Daviau

Thank you, operator, and thanks to everyone joining us for today's call. As always, I'm joined by Don MacFayden, our Chief Financial Officer. Following the overview of our second quarter fiscal 2023results, both Don and I will be pleased to answer questions from analysts and institutional investors.

Today's remarks are complementary to our earnings release, MD&A and supplementary financials, copies of which have been made available for download on SEDAR and on the Investor Relations section of our website at cgf.com. Within our update, certain reported information has been adjusted to exclude significant items in order to provide a transparent and comparative view of our operating performance.

These adjusted items are non-IFRS financial measures. Please refer to our notice regarding forward-looking statements and the description of non-IFRS financial measures that appear in our investor presentation and also in our MD&A.

And with that, let's discuss our second fiscal quarter. For several months, markets have been worried about economic growth, aggressive central bank policy actions, soaring inflation, political instabilities, and the war in Ukraine. Both public and private markets have suffered a significant reduction in deal volumes, particularly