ICE Futures Canada (IFCA)—known as the Winnipeg Commodity Exchange (WCE) until 2008—was a derivatives market based in Winnipeg, Manitoba, and was Canada's only commodity futures exchange.
Prior to 2008, WCE was the subsidiary of WCE Holdings Inc., which also owned WCE Clearing Corporation, and Canadian Climate Exchange Inc. In 2007, WCE was purchased by the U.S.-based Intercontinental Exchange. In mid 2018, IFCA's futures and options contracts transitioned to ICE Futures U.S. (IFUS). Under the IFUS trading name, ICE continues to electronically trade Canadian contracts for milling wheat, durum, western barley, and canola (rapeseed).
In 1972, with the opening of the market in gold futures, the Exchange was renamed the Winnipeg Commodity Exchange.
The privately-held WCE was purchased by the U.S.-based Intercontinental Exchange (ICE) in September 2007 for $40 million ($62.08 per common share), changing its name to ICE Futures Canada on 1 January 2008. Until December 2007, futures were traded on the platform of the Chicago Board of Trade.