Industry committee  So the question is what sorts of pitfalls might you want to....

Industry committee  I think the big thing, speaking to Bill C-501 as an investor in bonds, is that as bond holders what we really took to and what we don't like is uncertainty. If changes are made in legislation that change the pecking order of who receives assets and liquidation and what not, we ca

Industry committee  That's right.

Industry committee  I can certainly speak to the nature of our client base. We invest in total maybe in the order of $50 billion to $60 billion of fixed income assets in Canada. Of those assets, the vast majority of them are defined benefit pension plans, whether we're hired by a trustee board or th

Industry committee  Unfortunately, I'm not able to divulge the names of my clients specifically. However, they would be a range. If you look through the list of the top 60 investment-grade issuers that is very readily available, those would be the typical types of clients. The other important piece

Industry committee  Thank you, Mr. Chair and members of Parliament. I do thank you for inviting me to meet with you today. I'm a fixed-income portfolio manger with Phillips, Hager and North Investment Management. PH and N has been investing in corporate bonds for over 25 years and currently invests