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Finance committee  We do thousands of transactions for the various portfolios we manage. We manage about 150 different portfolios, so significant costs would be placed on our organization, but I think the bigger cost will actually be on the pension plan side.

November 7th, 2012Committee meeting

Neil Watson

Finance committee  My primary concern would be pensions and health and welfare—

November 7th, 2012Committee meeting

Neil Watson

Finance committee  I don't know whether you'd be getting sufficient reward for the risk.

November 7th, 2012Committee meeting

Neil Watson

Finance committee  As I say—

November 7th, 2012Committee meeting

Neil Watson

Finance committee  Our concerns are health and welfare benefits plans and pensions plans. As for the rest of it, there are privacy issues and other issues—

November 7th, 2012Committee meeting

Neil Watson

Finance committee  Possibly.

November 7th, 2012Committee meeting

Neil Watson

Finance committee  From our perspective, it's extremely problematic. We're basically going to put our investment strategies on a public website. We could be accumulating stocks; people could trade ahead of us, put up the price of the stock, and ultimately lower the investment returns for the pensio

November 7th, 2012Committee meeting

Neil Watson

Finance committee  It would be fairly substantial. From our perspective, a lot of these costs would be put at the feet of the various pension plans and benefit plans we manage manifold. I'm sure they would turn around and ask us to provide a lot of that information. In a portfolio, in a year we cou

November 7th, 2012Committee meeting

Neil Watson

Finance committee  Thank you for allowing Leith Wheeler Investment Counsel the opportunity to present before the committee. Leith Wheeler Investment Counsel Ltd. is an employee-owned investment firm managing over $11 billion in investment portfolios on behalf of our clients. Approximately 10% of

November 7th, 2012Committee meeting

Neil Watson