HSBC Canada Asset Trust announces distribution

VANCOUVER , Dec. 7 /CNW/ - HSBC Canada Asset Trust (HBH.M-TSX), an affiliate of HSBC Bank Canada , has approved the distribution of C$38.90 per unit on HSBC Canada Asset Trust Securities - Series 2010 and C$25.75 per unit on HSBC Canada Asset Trust Securities - Series 2015 both due on 31 December 2009 .

HSBC Bank Canada , a subsidiary of HSBC Holdings plc, has more than 260 offices including over 140 bank branches and is the leading international bank in Canada . With around 8,500 offices in 86 countries and territories and assets of US$2,422 billion at 30 June 2009 , the HSBC Group is one of the world's largest banking and financial services organizations.

For further information: Media enquiries to: Ernest Yee, [phone]; Sharon Wilks, [phone]