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Biography

Ronald W. Osborne
Director

Mr. Osborne has been the Chairman of the Board of Directors of Sun Life Financial Inc., a company listed on the Toronto, New York and Philippines stock exchanges, and Sun Life Assurance since May 2005. Mr. Osborne served as the President and Chief Executive Officer and a director of Ontario Power Generation Inc. from 1998 until December 2003. He was formerly President and Chief Executive Officer of Ontario Hydro, the predecessor company of Ontario Power Generation Inc. He was appointed to this position in March 1998. Mr. Osborne joined BCE Inc. as the Executive Vice President and Chief Financial Officer and was subsequently appointed President of BCE Inc. in 1996 and served in that position until 1997. From 1997 until he joined Ontario Hydro, he was President and Chief Executive Officer of Bell Canada, a subsidiary of BCE Inc. From 1981 to 1994, Mr. Osborne held various positions at Maclean Hunter, including the position of Chief Executive Officer from 1986 until 1994. Mr. Osborne was also a partner of Clarkson Gordon, Chartered Accountants in Toronto from 1979 until 1981. He also served on the International Trade Advisory Committee, a private sector committee to advise the federal government on international trade issues, from January 1986 to 1994. In addition, he was Chairman of a Sectoral Advisory Group on International Trade from 1988 to 1994, responsible for advising the government on current trade issues relating specifically to the arts and cultural industries.

Mr. Osborne is a director of RioCan Real Estate Investment Trust, a Toronto Stock Exchange listed issuer, and Torstar Corporation, also a Toronto Stock Exchange listed issuer. He is also a member of the board of governors of the Corporation of Massey Hall and Roy Thomson Hall, a member of the advisory board of Brookfield Power, a director of St. Lawrence Cement Group Inc., and a fellow of the Institute of Chartered Accountants of Ontario.