The Tykes beat off competition from Wolves, Sheffield United and Preston to secure the 24-year-old Canada international´s signature.
Manager Simon Davey told the club´s official website: "We´ve been tracking Iain all summer and I´ve been an admirer of him since his days at Tranmere. Iain is a big talent, who at the age of 24 is just starting to come into his prime."
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