Michael Rousseau

Hudson's Bay Co. is a holding company, which engages in the business of operating investments and businesses at the intersection of technology, retail operations, and real estate including majority ownership of iconic ecommerce companies. Its portfolios include The Bay, Hudson?s Bay, Saks Fifth Avenue, Saks OFF 5TH stores, and HBC Properties and Investments. The company was founded in 1670 and is headquartered in Brampton, Canada.

The Consumers' Waterheater Income Fund engages in the water heater rental business with over 1.4 million natural gas-fired water heaters which is rented primarily to residential customers in Ontario . It has captured about 50% of Ontario 's residential market with most of its business in the growing Greater Toronto Area. The firm's rental program provides homeowners with a convenient way of installing and maintaining a vital piece of equipment in their home with no capital outlay, with a convenient fixed and monthly fee currently bundled with their natural gas bill. The Fund's objective is to generate a stable and growing cash flow stream which will in turn be reflected in stable and growing unit holder cash distributions. The Fund structure entitles the Fund to receive 65% of rental revenues and Direct Energy - receives 35% for continuing to provide life-cycle service support for the asset base. It also owns Stratacon Inc., a leading sub-metering company, with contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada. It was founded in December 2002 and is headquartered in Markham, Canada.

Golf Town Income Fund operates a chain of golf stores. It offers various golf clubs, grips and shafts, shoes, balls, global positioning system (GPS) and rangefinders, apparels, bags and carts, and accessories. The company was founded by Stephen Bebis in 1998 and is headquartered in Markham, Canada.

Resolute Forest Products, Inc. engages in the production and sale of forest products. It operates through the following segments: Market Pulp, Tissue, Wood Products, Papers, and Corporate and Other. The company was founded on January 25, 2007 and is headquartered in Montreal, Canada.

EnerCare Solutions, Inc. engages in home services and service experts businesses. It provides products, services, programs and solutions that enable homeowners, multi-unit owners and tenants to make a contribution to Canada’s growing culture of energy conservation. The Home Services business consists of the following: the Rental Portfolio; the Protection Plan Portfolio; Heating, Ventilation and Air Conditioning (HVAC) Sales; and Other Services. The Service Experts business provides HVAC Equipment service, maintenance and repairs, and related services to residential and commercial customers. The company was founded on November 18, 2002 and is headquartered in Toronto, Canada.

Capital Eye Investments Ltd. operates as an investment holding company. It delivers returns on technology and associated assets. The company was founded by Duncan Frederick Coles and John D. Bright in 1978 and is headquartered in Johannesburg, South Africa.