On September 23, 2016, Nikolaos Bonos notified the sponsor of the CurrencyShares Canadian Dollar Trust, which is Guggenheim Specialized Products, LLC, d/b/a Guggenheim Investments (the Sponsor), that he will resign as Chief Executive Officer of the Sponsor, effective September 26, 2016. On September 23, 2016, Joseph Arruda notified the Sponsor that he will resign as Chief Financial Officer of the Sponsor, effective September 26, 2016. On September 23, 2016, John Sullivan was appointed by the sole member of the Sponsor as Chief Executive Officer of the Sponsor, effective September 26, 2016.

Mr. Sullivan is 61 years of age and has served as Senior Managing Director of the Sponsor since 2010. Mr. Sullivan has also served as Chief Financial Officer, Chief Accounting Officer and Treasurer of certain other funds in the Guggenheim fund complex since 2010. Mr. Sullivan served as Managing Director and Chief Compliance Officer of each of the funds in the Van Kampen Investments Inc. fund complex from 2004 to 2010 and as Chief Financial Officer and Treasurer of the Van Kampen Investments Inc. fund complex from 1996 to 2004.

On September 23, 2016, Keith Kemp was appointed by the sole member of the Sponsor as Chief Financial Officer of the Sponsor, effective September 26, 2016. Mr. Kemp is 55 years of age and has served as Managing Director of Guggenheim Partners Investment Management, LLC from April 2015 to the present and as Director of Guggenheim Partners Investment Management, LLC from 2010 to 2015.