| (a) |
National Bank Financial Ltd., Suite 890, 360 Main St.,
Winnipeg, MB R3C 3Z3 be the Financial Advisor for the Reserve
Fund.
|
| (b) |
The Treasurer and Finance Committee all be advised of
the information regarding investments coming due, of the
recommendations of National Bank and make the decision prior
to re-investment.
|
| (c) |
In accordance with By-Law I of the Constitution, all
investments be non-speculative in nature and that The Ethical
Investment Principles be adopted.
|
| (d) |
A record shall be kept of when the bi-annual review of
investments is done and passed on from Treasurer to Treasurer
and from year to year.
Ethical Investment Principles:
| 1. |
The corporation should encourage progressive industrial
relations with all members of staff or employees.
|
| 2. |
The corporation should regularly conduct business
in, and with, any country or countries that provide
racial and gender equality within its, or their, political
boundaries.
|
| 3. |
The corporation should consistently strive to encourage
and comply with environmental regulations established
by governments and government agencies and be committed
to implementing environmentally conscious practices. |
|
| (e) |
The WTA Finance Committee review on a bi-annual basis
the performance of National Bank or any other financial
institution which has WTA investments.
|
| (f) |
Interest income earned by the Reserve Fund investments be
transferred to the General Fund and used as income for day-to-day
operation of the Association. |
