Robert M. Astley
Chair

Fellow, Canadian Institute of Actuaries
Waterloo, Ontario

Director since September 2006. Appointed Chair effective October 2008.

Former president of Sun Life Financial Canada, former president and CEO of Clarica Life Insurance Company. Director of the Bank of Montreal and chair of its human resources and management compensation committee. Member of the Dean’s Advisory Council, Laurier School of Business and Economics. Former chair of Canadian Life and Health Insurance Association and of Wilfrid Laurier University. Qualifications include extensive senior management experience in pension and life and health insurance financial services, including oversight of the successful integration of Clarica with Sun Life Financial.

Member: Investment (chair) and governance committees.

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Ian A. Bourne

Corporate Director
Calgary, Alberta

Director since April 2007.

Retired executive vice-president and CFO of TransAlta Corporation, a power generation company, and president of TransAlta Power L.P. Over 35 years of experience in senior finance roles at TransAlta, General Electric and Canada Post Corporation. Chair of Ballard Power Systems Inc. Director of Canadian Oil Sands Trust, Wajax Income Fund, SNC Lavalin Group, and the Canadian Public Accountability Board. Former director of TransAlta Power L.P., TransAlta CoGeneration, L.P. and Purolator Courier Ltd. Qualifications include expertise in finance in major corporations and international experience in Paris and London.

Member: Investment, audit (chair), and governance committees.

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Robert Brooks

Corporate Director
Oakville, Ontario

Director since January 2009.

Former vice-chair and group treasurer of the Bank of Nova Scotia, the culmination of a 40-year career with the bank serving in a succession of senior investment banking, finance and treasury roles. Director of Dundee Wealth and Hamilton Capital Partners Inc. Former director of numerous Scotiabank subsidiaries including Scotia Discount Brokerage, Inc., Scotia Life Insurance Company, ScotiaMcLeod, Inc. and Scotia Cassels Investment Counsel Ltd. Qualifications include more than 40 years of financial industry experience as a bank executive dealing with finance, risk management, pension fund asset mix, investment strategies, treasury functions and international operations.

Member: Investment and audit committees.

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Pierre Choquette

Corporate Director
Vancouver, British Columbia

Director since February 2008.

Director of Methanex Corporation since 2003. Former CEO of Methanex, serving for 10 years and credited with globalizing the company’s asset base. Former president and COO of Novacorp International and former president of Polysar Inc. Former chair of Gennum Corporation. Former director of Credit Lyonnais (Canada), Echo Bay Mines (U.S.), Stelco, Inc., TELUS Corporation, Terasen Gas, Inc., Terasen Pipelines and Terasen, Inc. Qualifications include 25 years of senior management experience, concentrated in the natural gas and chemical industries, international experience in Belgium and Switzerland, and extensive board experience, including chairing human resources and governance committees and serving on the full range of board committees – notably two acquisition committees for large transactions.

Member: Investment, governance, and human resources and compensation (chair) committees.

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Michael Goldberg

Economist, Ph.D.
Vancouver, British Columbia

Director since February 2008.

Former Chief Academic Officer, Universitas 21 Global, an online graduate school initiated by Universitas 21, an international network of 20 research-intensive universities. Professor Emeritus and former Dean of the University of British Columbia’s Sauder School of Business, with 37 years on the UBC faculty. Former member of the Deposit Insurance Advisory Committee to the federal Minister of Finance and of the B.C. Workers’ Compensation Board Investment Committee. Director of Geovic Mining Corporation. Former director of China Enterprises Limited, Redekop Properties Ltd., Vancouver Land Corporation, Catamaran Ferries International Inc., Imperial Parking Limited and Lend Lease Global Properties Fund, a Luxembourg-based fund investing in properties in Europe and Asia. Ph.D. (Economics) from the University of California at Berkeley. Qualifications include expertise in global real estate investments and urban infrastructure and experience on boards as a director serving on audit and compensation committees.

Member: Investment, audit and governance committees.

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Peter K. Hendrick

Chartered Accountant, Chartered Financial Analyst
Toronto, Ontario

Director since October 2004.

Former executive vice-president of investments and chief investment officer of Mackenzie Financial Corporation. Former vice-president and director of CIBC Wood Gundy Securities Inc. (now CIBC World Markets) in the Corporate Finance, Institutional Equity and Capital Markets divisions. Former lecturer at the Graduate School of Business Administration at Harvard University in the area of management and financial accounting relating to financial controls. Qualifications include experience in equities trading, due diligence reviews, securities regulation, derivatives, hedging, risk analysis and performance measurement from roles at Mackenzie Financial and CIBC World Markets, and audit experience from Ernst & Young.

Member: Investment and audit committees.

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Nancy Hopkins

Lawyer
Saskatoon, Saskatchewan

Director since September 2008.

Partner with the law firm McDougall Gauley LLP, specializing in taxation law and corporate governance. Chair of the Saskatoon Airport Authority and vice-chair of the University of Saskatchewan board of governors. Director of Cameco Corporation, chairing the nominating, governance & risk committee. Director of GrowthWorks Canadian Fund and GrowthWorks Opportunity Fund Inc., chairing the audit and independent review committees. Former chair of SGI Canada, a Saskatchewan Crown corporation, and of the Saskatchewan Police Commission. Appointed Queen’s Counsel in 1992. Qualifications include 30 years of legal experience with expertise in taxation, governance and information technology, experience in government interface and as a director in multiple stakeholder organizations.

Member: Investment and governance (chair) committees.

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Douglas Mahaffy

Corporate Director
Toronto, Ontario

Director since October 2009.

Recently retired Chairman, chief executive officer and director of McLean Budden Ltd., an institutional money management firm. Former managing director and head of investment banking (Ontario) of Merrill Lynch Canada Inc., and former senior vice-president, finance and chief financial officer of Hudson’s Bay Company. Current director at Methanex Corporation and former director at Stelco Inc. and Woodward’s Ltd. Current chairman at Drumlane Capital, a personally owned investment firm. Qualifications include more than 20 years of investment industry experience with expertise in mergers and acquisitions and risk management practices.

Member: Investment and human resources and compensation committees.

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Elaine McKinnon

Certified General Accountant,
Quispamsis, New Brunswick

Director since January 2009.

CFO and COO of Brovada Technologies, a Saint John-based software provider. Served in senior positions with xwave, a division of Bell Aliant, Aliant Inc., Prexar LLC., Bruncor Inc., and as president and CEO of Datacor Atlantic Corp. Director of Efficiency NB, a Crown corporation that promotes energy efficiency in New Brunswick. Qualifications include more than 20 years of IT and telecommunications industry experience in key leadership roles, experience in mergers and acquisitions, corporate finance and human resources, and expertise as a Certified General Accountant.

Member: Investment and audit committees.

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Principal and Vice-Chancellor of McGill University
Montreal, Quebec

Director since December 2010.

Former Vice-President of Research and International Relations, and Professor and Dean at the University of Toronto. Also former Assistant Professor at McMaster University and York University. Current non-executive roles include board memberships or other advisory responsibilities with the Pierre Elliott Trudeau Foundation, Yellow Pages Group, Association of American Universities,  Conference of Montreal, Association of Universities and Colleges of Canada, Conférence des recteurs et des principaux des universités du Québec, Canada Foundation for Innovation, and the Science, Technology and Innovation Council of Canada. Previous non-executive roles include ones with Hydro One Inc., Four Seasons Hotels and Resorts, Nestlé Canada, Board of Trade of Metropolitan Montreal, Council of Canadian Academies, Montreal International, Universities Research Association, Alcan Inc., Medical Research Council of Canada, Sir Mortimer B. Davis Jewish General Hospital, Neurosciences Canada, the Conference Board of Canada and Visible Genetics. Qualifications include 22 years of senior management experience, concentrated in the higher education sector, which includes serving as a board director on executive, human resources and compensation, investment, and finance committees across the public and private sectors.

Member: Investment and human resources and compensation committees.

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Ronald E. Smith

Fellow, Institute of Chartered Accountants of Nova Scotia
Yarmouth, Nova Scotia

Director since November 2002.

Former senior vice-president and CFO of Emera, Inc., a Halifax-based energy company. Former CFO of Aliant Telecom Inc. and its predecessor, Maritime Telephone & Telegraph Ltd. Chair of Innovative Properties Inc. and interim chair of Gammon Gold Inc. Former director of Bangor Hydro Electric Company. Member of the Accounting Standards Oversight Council. Former chair of the Board of Governors of Acadia University. Former partner Ernst & Young. Qualifications include extensive experience in investment, finance and compensation.

Member: Investment and human resources and compensation committees.

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D. Murray Wallace

Fellow, Institute of Chartered Accountants of Ontario
London, Ontario

Director since April 2007.

CEO of Granite Global Solutions, an insurance services company, since August 1, 2009. Chairman and CEO of Park Street Capital Corporation, a personally owned investment and corporate advisory firm. Former president of Axia NetMedia Corporation. Director of Terravest Income Fund and Critical Outcome Technologies Inc. Former director of Western Surety Ltd., Ontario Hydro, London Insurance Group, IPSCO Inc., Crown Life Insurance Co. and Queen’s University School of Business (Advisory Committee), among others. Former Deputy Minister of Finance and Deputy Minister to the Premier for the Government of Saskatchewan. Qualifications include expertise as a chartered accountant, senior-level financial experience from five years as President of Avco Financial Services Canada Ltd. and eight years in executive roles with companies in the Trilon Financial Group, experience in public pension plan management and interface with government.

Member: Investment, and human resources and compensation committees.

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