Board Committees

The Board of the Corporation has four committees: Audit Committee, Corporate Governance - Nomination, Compensation and Succession Committee ("GOCOM"), Risk Review Committee and Pension Fund Committee. The Board annually appoints committee members and reviews and approves the committee mandates. The Corporation does not have an executive committee. In addition, from time to time, ad hoc committees of the Board are appointed to consider matters such as related party transactions and other issues of importance to the Board and the Corporation.

Director	Audit	GOCOM	Risk Review	Pension Fund
R.T. Booth		X
L.M. Charlton	X		X
D.A. Dodge				Chair
D.M. Ellard	X		X
L.A. Heathcott				X
R.J. Normand	X		X
M.R.P. Rayfield				X
R.J. Routs				X
J.W. Simpson	Chair	X	Chair
R.J. Urwin	X
C.W.Wilson		Chair

Audit Committee
[Chairman: J.W. Simpson]
This committee is responsible for the oversight of the quality and integrity of the accounting, auditing, internal audit functions and controls, management information systems and reporting practices of the Corporation. The Audit Committee oversees the performance and compensation of the external auditor. The information about the Audit Committee required by Multilateral Instrument 52-110 Audit Committees, including the Audit Committee mandate, is disclosed on pages 35 to 39 of the Corporation’s annual information form.

» View Audit Committee information in the 2007 AIF
» View Audit Committee Mandate

Corporate Governance:
Nomination, Compensation and Succession Committee ("GOCOM")
[Chairman: C.W. Wilson]
This committee is responsible for succession planning and, in conjunction with the President & Chief Executive Officer, assessing the performance of officers and determining executive compensation. This committee reviews committee mandates prior to their submission to the Board and is responsible for identifying and recommending potential candidates for the Board.

» View GOCOM Mandate

Risk Review Committee
[Chairman: J.W. Simpson]
This committee reviews significant risks identified by management which could materially affect the Corporation’s ability to achieve its strategic or operational targets and which are associated with future performance, growth and lost opportunities. This committee is responsible for ensuring that management has procedures in place to mitigate identified risks.

» View Risk Review Committee Mandate

Pension Fund Committee
[Chairman: D.A. Dodge]
This committee oversees the retirement plans for employees of the Corporation in accordance with the Pension Governance Policy. The primary responsibilities of this committee are to oversee the governance structure of the pension plans and approve policy decisions for benefit design and liability management, funding and investment of the plans and to select and monitor the investment managers for the plans.

» View Pension Fund Committee Mandate