Company: FXC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027265
Chunk: 39

Company: Invesco CurrencyShares Canadian Dollar Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 39
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ments to reconcile net comprehensive income (loss) to net cash   provided by (used in) operating activities:

    Change in operating assets and liabilities:

    Receivable from accrued interest

    106,223

    (26,527
    )

    Accrued Sponsor’s fee

    (5,409
    )

    (8,107
    )

    Net cash provided by (used in) operating activities

    1,345,924

    1,834,457

    Cash flows from financing activities

    Distributions paid to shareholders

    (1,326,515
    )

    (1,788,180
    )

    Proceeds from purchases of redeemable capital Shares

    24,989,122

    104,356,208

    Redemptions of redeemable capital Shares

    (36,155,840
    )

    (126,719,960
    )

    Increase (decrease) in payable for Canadian Dollar deposits overdrawn

    —

    (4,080
    )

    Net cash provided by (used in) financing activities

    (12,493,233
    )

    (24,156,012
    )

    Effect of exchange rate on cash

    (5,519,466
    )

    2,772,061

    Net change in cash

    (16,666,775
    )

    (19,549,494
    )

    Cash at beginning of period

    77,826,121

    97,375,615

    Cash at end of period
     
    $
    61,159,346

    $
    77,826,121

    Supplemental disclosure of cash flow information

    Cash paid for interest
     
    $
    —

    $
    —

See accompanying Notes to Financial Statements which are an integral part of the financial statements. 

23

Invesco CurrencyShares® Canadian Dollar Trust 

Notes to Financial Statements 

December 31, 2024

Note 1 - Background On September 28, 2017, Guggenheim Capital, LLC (“Guggenheim”) and Invesco Ltd. entered into a Transaction Agreement (the “Transaction Agreement”), pursuant to which Guggenheim agreed to transfer all of the membership interests of Guggenheim Specialized Products, LLC (the “Sponsor”) to Invesco Capital Management LLC (“Invesco Capital Management”). The Transaction Agreement