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Thomas S. Caldwell


Thomas S. Caldwell graduated from McGill University in 1965, and has been actively involved in the investment industry since that time.

Mr. Caldwell is Chairman of Caldwell Securities Ltd., an organization founded in 1980. Caldwell Securities Ltd. is a diversified investment company with affiliate organizations providing investment management, brokerage and insurance services to a broad spectrum of investors throughout North America and around the world.

In June 2014, Mr. Caldwell was inducted into the IIAC Investment Industry Hall of Fame. Mr. Caldwell is CEO and a director of Urbana Corporation, a publicly traded investment company. He also serves on the Board of the Conference of Defence Associations Institute in Ottawa. Mr. Caldwell was appointed Honorary Lieutenant-Colonel of The Lincoln and Welland Regiment in January 2014.

Mr. Caldwell is a past Governor of the Toronto Stock Exchange and one of the leading experts in capital markets, particularly in trading environments. He is recognized as one of the world’s foremost investors in securities exchanges. Caldwell Securities Ltd. and its affiliates were the second-largest owners of the New York Stock Exchange prior to the NYSE’s demutualization. Mr. Caldwell has, through his career, been actively involved in addressing social and community needs.

He was awarded Her Majesty’s Golden Jubilee Medal in 2002 for his activities on behalf of Canadian Veterans. In 2003 he was appointed a Member of the Order of Canada for his work in assisting those in need as well as contributing to institutions working to better the lives of others. In 2012, he received Her Majesty’s Diamond Jubilee Medal for his efforts on behalf of the disadvantaged. Mr. Caldwell and his wife Dorothy have been married since 1966 and have two sons, Brendan and Theo, and four grandchildren.

Ned Goodman CSE Deputy Chairman picture

Ned Goodman

-Deputy Chairman

Ned Goodman is the founder of Dundee Corporation and its subsidiary Goodman & Company, Investment Counsel Inc. Dundee Corporation is a Canadian holding company listed on the Toronto Stock Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of its core competencies including investment advisory, corporate finance and private equity investment in real estate and infrastructure, energy, resources and agriculture.

Ned Goodman has over four decades of investment experience as a securities analyst, portfolio manager and senior executive. He has an established reputation as one of Canada’s most successful investment counsellors and is Chief Investment Officer of Goodman & Company, Investment Counsel Inc., an investment fund manager.

Mr. Goodman has a Bachelor of Science degree from McGill University and a Master of Business Administration from the University of Toronto. He earned the designation of Chartered Financial Analyst in 1967. In 1997, he was awarded a Doctorate of Laws, honoris causa, by Concordia University and is Chancellor of Brock University. Mr. Goodman is founder and benefactor of the Goodman Institute of Investment Management - a graduate school for investment management at Concordia University. In 2012, The Goodman Family Foundation established both the Goodman School of Business at Brock University and the Goodman School of Mines at Laurentian University in honour of Ned Goodman.

Aubrey Baille CSE Director

Aubrey W. Baillie


Mr. Baillie is chairman of Newport Private Wealth and one of the founders of that company, with over 35 years’ experience in the investment industry. He retired in 1999 as deputy chairman and chief operating officer of Nesbitt Burns Inc., having joined a predecessor firm in 1977. He is a member of the Board of the Juvenile Diabetes Research Foundation, Canada, and the Appleby College Foundation, and he is a member of the board of Acting Up Stage Company. Mr. Baillie is a past chair of the Board of Trustees of United Way of Greater Toronto. Mr. Baillie holds a degree in business administration from the University of Western Ontario, and is a chartered accountant.

Jeffrey Macintosh CSE Director picture

Jeffrey MacIntosh

-B. Sc. LL.B. LL.M.

Jeffrey MacIntosh received a B.Sc. from M.I.T. in 1975, a LL.B. from the University of Toronto in 1981, and a LL.M. from Harvard Law School in 1982. After teaching for one year at Osgoode Hall Law School in 1982-83, Professor MacIntosh moved to the University of Toronto, Faculty of Law, where he was promoted to Associate Professor in 1987, full Professor in 1995, and Toronto Stock Exchange Professor of Capital Markets in 1999. In 1999, Professor MacIntosh also became the Associate Director of the Capital Markets Institute at the University of Toronto, a joint venture between the Faculty of Law and the Rotman School of Management. In addition, Professor MacIntosh spent one year (1987-88) as John M. Olin Fellow in Law and Economics at Yale Law School.

Professor MacIntosh has written extensively on various topics related to corporate and securities law, including minority shareholder rights, the oppression remedy, fiduciary duties, takeover bids, corporate governance, and the choice of jurisdiction of incorporation. More recently, Professor MacIntosh's writings have focused on financing small, high technology companies, with a particular focus on venture capital. Professor MacIntosh was a member of the Ontario Securities Commission Task Force on Small Business Financing which delivered its final report in 1996.

George Elliot CSE Director picture

George Elliott

A seasoned business leader with 35 years of experience in corporate financing, Mr. Elliott’s focus on new business development and relationship management lend a unique perspective to his Board activities. Formerly senior counsel at the law firm Gowling Lafleur Henderson, and senior partner at McCarthy Tetrault, based in Toronto, Mr. Elliott was also Executive Vice President of MCAP Financial, which manages over C$20 billion in mortgage investments for Canadian financial institutions, and Chair of the Executive Committee of the PLM Group, Canada’s fourth largest commercial printer, which was acquired by Transcontinental Printing for 250% of the then market value.

Mr. Elliott delivers shareholder value through the creation of innovative new revenue opportunities coupled with prudent long-term financial strategy. Mr. Elliott is a member of the Institute of Corporate Directors.

Joel Strickland

Mr. Strickland is a business person currently advising First Nations on energy and infrastructure projects. He also has substantial operational experience in Africa, including as founder and President of Buchanan Renewables Fuel Inc., a company that operated in Liberia, West Africa. Prior to founding Buchanan, Mr. Strickland held senior executive roles with a number of companies through his affiliation with an asset management company. He was previously a fixed-income trader, holding progressively senior positions at investment banks in Toronto and New York. Mr. Strickland is a director of Transeastern Power Trust. 

Mr. Strickland is a graduate of the Richard Ivey School of Business HBA program and has completed the Directors Education Program jointly developed by the Institute of Corporate Directors and the University of Toronto’s Rotman School of Management.

Mary Anne Palangio

Mary Anne Palangio is the Chief Financial Officer at LOGiQ Asset Management Inc.  Recognized for bridging business knowledge with technology expertise, she brings more than 25 years of senior operations, finance and technology experience in the financial sector to her role.

Prior to joining LOGiQ in 2017, Mary Anne served as Chief Financial Officer at the Ontario Retirement Pension Plan Administration Corporation until it was decommissioned.  Previously, Mary Anne was Senior Vice President, Global Head of Operations and Data Management, Investment Division at Manulife. She moved into that role after holding the positions of Senior Vice President, Chief Information Office, Group Functions and Vice President, General Fund Investment Systems.

 Before joining Manulife in 2008, Mary Anne was Executive Vice President, Operations at Perimeter Financial Corp. after holding senior investment operational and finance roles with The Canada Life Assurance Company, Mackenzie Financial Corporation and Ontario Teachers’ Pension Plan. 

 Mary Anne’s volunteer experience includes currently sitting on the Finance and Audit Committee of Toronto Rehabilitation Institute Foundation; a former director of Easter Seals Ontario, she chaired the Audit Committee and served on the Finance, Human Resources and Board Affairs Committees from 2003 to 2011; held various positions on the National Board of Directors of the Crohn's and Colitis Foundation of Canada from 1995 to 2001, including National President for two years; and Treasurer of YWCA of Metropolitan Toronto from 1990 to 1993.  Mary Anne is a CPA, CA and CFA and holds a BA from the University of Toronto.

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