Economic Advisory Panel Member Biographies
Ministry of Finance
These individuals from key sectors have been involved in ongoing discussions on the changing economy and will continue to offer their insight and ideas as part of an economic advisory panel.
Gordon Cheesbrough (Deceased, 2010)
Gordon Cheesbrough was a director of the Canadian Tire Corporation, Orion Capital, the Toronto Community Foundation, Canadian Olympic Foundation, Canadian Air Transport and Security Authority, and CML Healthcare Inc. He was also the chairman of the Board of Upper Canada College and of Canadian Tire Bank.
Mr. Cheesbrough capped a successful 24-year career at Scotia Capital Markets and its predecessor organizations with his appointment from 1993 to 1998 as Chairman and Chief Executive Officer. He joined Altamira Investment Services Inc. in 1998 as President and Chief Executive Officer. In 2003, he partnered with Steven Sharpe and formed Blair Franklin Capital Partners. Mr. Cheesbrough served on the board of Max Capital Group Ltd., was a director of the Canadian National Stock Exchange and was Chairman of the Board of North York General Hospital.
Janet L. Ecker, ICD.D, is a former Ontario Finance Minister, with experience in both the business and government sectors and a strong track record of working effectively with governments and elected officials of all political stripes.
She is currently president of the Toronto Financial Services Alliance, a public-private sector partnership between the City of Toronto and the financial sector that was created to build the Toronto region as a financial services centre. Ms. Ecker is also the public policy advisor for Tramore Group, a project and change management consulting firm. She sits on a number of corporate and non-profit boards, including serving as chair of the Rouge Valley Health System. A frequent media commentator, she is a former Fellow with the School of Policy Studies at Queen's University. In 2003, she received a "Canada's Most Powerful Women: Top 100 Award" from the Women's Executive Network and the Richard Ivey School of Business.
Tim Hodgson is chief executive officer of Goldman Sachs Canada. Prior to heading the firm, he held senior coverage duties in Goldman's Telecom, Media and Technology Group in both New York and Menlo Park, California and in Goldman's Investment Banking Services Group, covering clients in Canada.
Previously, Mr. Hodgson also worked in Goldman's Corporate Finance and in New Issues and Structured Finance departments in London. Before joining Goldman Sachs in 1990, he worked at Salomon Brothers, Price, Waterhouse & Company and Merrill Lynch.
David Leith is Deputy Chairman and Managing Director of CIBC World Markets and Head of CIBC World Markets' Investment, Corporate and Merchant Banking activities.
With more than 25 years' experience at CIBC World Markets, Mr. Leith has extensive equity, debt, government finance and M&A experience. He joined the investing banking department of Wood Gundy in London, England in 1983. He became a Vice-President of the firm in 1986, and Vice-President and Director in 1988. In 1992, he moved to Toronto as Head of Government Finance, and in 1999 was appointed Head of Debt Origination in Debt Capital Markets. Mr. Leith assumed responsibility for CIBC World Markets Investment and Corporate Banking activities in 2004. Mr. Leith is also a Director of the Children's Aid Foundation.
Tito Botelho Martins was appointed Vale Inco's President and Chief Executive Officer as of January 1, 2009, and continues to serve as Vale's Executive Director of Non-Ferrous. Mr. Martins oversees the company's nickel, copper, aluminum and coal operations. He previously served as the Executive Director for Corporate Affairs and Energy. Prior to that, he served as the Managing Director of the Corporate Finance Department from August 1999 to September 2003. From 1985 to 1999, he held different positions in Vale's financial areas.
He was also the CEO of CAEMI Mining and Metallurgy Corp. and Chairman & CEO of MBR Minerações Brasileiras Reunidas from 2003 to 2006. He is the President of the Board of Directors of MRN - Mineração Rio de Norte S.A., ALUNORTE - Alumina do Norte do Brasil S.A. and ALBRAS - Alumínio Brasileiro S.A. He holds a Bachelor's degree in Economics from the Federal University of Minas Gerais (UFMG) and a Master's degree in Management from the Federal University of Rio de Janeiro (IEAD). He has attended other executive education programs at INSEAD (France) and at the Kellogg School of Management of the Northwestern University (USA).
Michael J. Mueller
Michael J. Mueller is a member of the Board of Directors at Hydro One. He is a former Global Leader of PricewaterhouseCoopers' (PwC) Private Company Services/Middle Market Practice and a former member of PwC's Global Audit Leadership Team, Global Advisory Leadership Team and the Global Markets Council. His previous positions with the firm also included National Managing Partner for Canada and Senior Relationship Partner for a number of the firm's most significant clients.
Mr. Mueller, who retired from PwC in July 2007, is a Chartered Accountant, a Certified Insolvency Practitioner and a Chartered Business Valuator. His other leadership roles include: member of the Board of Governors of the Stratford Shakespearean Festival of Canada, President of the Windsor Symphony Society, and President, Better Business Bureau of Windsor and Essex Counties.
Lynn Patterson is President and Country Head of Merrill Lynch Canada. Prior to this position, Ms. Patterson was President, Managing Director and Head of Global Markets Canada for Merrill Lynch since 2003, responsible for the Canadian debt and equity sales and trading activities.
Before joining Merrill Lynch in 1999, she held a variety of senior positions with many well-known and respected organizations, including National Sales Manager of Fixed Income at Goldman Sachs Canada, Portfolio Manager of Fixed Income with the Ontario Teachers' Pension Plan Board, where she managed the global bond portfolio, and various trading positions with JP Morgan Canada and CIBC Wood Gundy.
Jim Stanford is an economist with the Canadian Auto Workers, Canada's largest private-sector trade union. He received his Ph.D. in Economics in 1995 from the New School for Social Research in New York, and also holds economics degrees from Cambridge University and the University of Calgary.
Mr. Stanford is the author of Paper Boom (published in 1999) and author of Economics for Everyone (Pluto Press and Canadian Centre for Policy Alternatives, 2008). In 2007 he was appointed vice-chair of the Ontario Manufacturing Council. He writes a regular economics column for the Globe and Mail, and lives in Toronto with his partner and two daughters.
Douglas Turnbull is Deputy Chairman at TD Securities Inc. He is responsible for executive coverage of sovereign, super-sovereign agencies, provincial, Crown corporation and quasi-government clients worldwide, with an emphasis on developing and enhancing capital market and infrastructure activities with this critical client group.
Mr. Turnbull has acted for government, corporate, infrastructure and public sector clients on numerous public and private market transactions, and has 30 years' experience in fixed-income capital markets, M&A and advisory experience in Canada, New York and Tokyo. He has also advised and spoken publicly on various topics related to capital markets, debt management, credit ratings, provincial budgets, infrastructure financings and privatizations. Prior to joining TD Securities in 2005, Mr. Turnbull was responsible for government origination and advised on and led a significant number of government-related debenture and infrastructure financings at BMO Nesbitt Burns.