Robert J. Wright

The Group's principal activity is that of an open-ended Investment trust. It operates through its wholly-owned subsidiary, Fording Inc, through which it holds 60% interest in the Elk Valley Coal Corporation. It alsoinvests in metallurgical coal and industrial minerals mining and processing operations. The Metallurgical coal provides mining and processing activities, primarily metallurgical coal, from three mines, Fording River, Greenhills and Coal Mountain. The Industrial Minerals Operations provides mining and processing of wollastonite and other industrial minerals from two operations in the United States and one operation in Mexico. The Group operates in Canada, the United States and Mexico and sells it products to customers around the world. During the year the Group sold NYCO.

Armtec Infrastructure Income Fund manufactures and markets infrastructure products and provides engineering construction solutions. It supplies products to the agricultural, commercial, household and natural resource sectors. It operates through its divisions Armtec, Con-Force and Durisol. The company was founded in 1908 and is headquartered in Guelph, Canada.

Resolve Business Outsourcing Income Fund operates as a closed-end investment fund. The company through its subsidiaries provides business process outsourcing solutions. It provides services to the government, communication & media, automotive, and pharmaceutical sectors. The company is headquartered in Toronto, Canada.

Air Liquide Canada, Inc. was established in 1911 and operates in more than 75 countries. Air Liquide provides gases for industry, health and environment. The company offers solutions based on constantly evolving technologies. These solutions help the customers to manufacture many indispensable, everyday products. Founded in 1902, Air Liquide has more than 43,000 employees worldwide.

Workplace Safety & Insurance Board provides insurance services. The company is headquartered in Toronto, Canada.

Lang Michener LLP provides legal advisory services to Canadian and International clients. It plays a major role in shaping Canada's economic and political institutions and understanding the competitive global needs of the country's leading companies and industries. The company was founded in 1927 and is headquartered in Toronto, Canada

Armtec Holdings Ltd. operates as an investment holding company. The company was founded on July 16, 2004 and is headquartered in Charlottetown, Canada.