Board of Directors
TAF is governed by an 11-member board. Three of these members are City Councillors at the City of Toronto and eight are citizen members appointed through the City of Toronto’s public appointments process. TAF has been fortunate to have attracted a wide range of experience and expertise to our board, including investment specialists, energy experts and community engagement professionals. The board meets four times a year and board meetings are open to the public (but may include in-camera sessions).
TAF board meeting minutes can be found online.
Members:
- Chair: Parminder Sandhu
- Vice Chair: Shelley Carroll, City Councillor at City of Toronto
- Treasurer: Kimberly Marshall
- Secretary: Graysanne Bedell, Retired Lawyer, Independent Director
- Andrew Dooner, Partner at Strategy&, part of the PwC Network
- Stuart Galloway, CEO at Energy Services Association Canada
- Nick Mantas, City Councillor at City of Toronto
- Wayne Miranda, Founder, Wecelium Inc.
- Jean Olemou, Co-Founder and Principal at GreenDev Inc.
- Dianne Saxe, City Councillor at City of Toronto
- Dan Zilnik, Partner at EY
Legal Counsel: Gardiner Roberts
Auditors: Welch, LLP
Various standing committees assist the Board of Directors. The members of each committee are appointed by the board. Minutes for each committee’s meetings are submitted to the board and can be found online.
Audit Committee
The Audit Committee oversee and objectively assess the integrity of TAF’s financial statements, internal controls, accounting standards, legal and regulatory compliance, and independence of the external auditor.
- Stuart Galloway (Chair), CEO at Energy Services Association Canada
- Councillor Nick Mantas, City Councillor at City of Toronto
- Kimberly Marshall
Grants and Programs Committee
The Grants and Programs Committee directs TAF’s granting and social mobilization efforts, reviews incubation program goals and outcomes and provides strategic advice. We are fortunate to have members with expertise in community engagement, energy efficiency, sustainable buildings, energy policy, and greenhouse gas emissions quantification and community engagement.
Members:
- Chair: Wayne Miranda, Founder, Wecelium Inc.
- Nicola Crawhall, CEO, Canadian Water Network
- Tamar Heisler, Senior Advisor, Strategic Policy at the Ontario Energy Board
- Ali Hoss, Chief Sustainability Officer at Triovest
- Kirk Johnson, President at Eco-Efficiency Consulting
- Mike Layton, Chief Sustainability Officer at York University
- Erika Lontoc, Energy Efficiency Professional
- Ryan Ness, Adaptation Research Director at the Canadian Institute for Climate Choices
- Rosemarie Powell, Executive Director at Toronto Community Benefits Network
- Lindsay Wiginton, Senior Consultant at Dunsky Energy + Climate Advisors
Human Resources Committee
The Human Resource Committee develops and implements a senior executive compensation and review policy that balances the accountable and efficient use of financial resources with the need to provide the right incentives to attract, retain and recognize excellent performance, and supports the evaluation of the CEO’s performance; and provides TAF’s senior management with advice related to HR matters as needed, including advancing the diversity, equity and inclusion of staff, executive, Board and Committees.
- Andrew Dooner (Chair), Partner at Strategy&, part of the PwC Network
- Shelley Carroll, City Councillor at City of Toronto
- Parminder Sandhu
Investment Committee
The Investment Committee oversees both management of TAF’s endowment and mandate-related investments (loans and equity investments in enterprises that can deliver emission reductions). The committee members have a wealth of investment and legal expertise and provide recommendations to the TAF board on all investment decisions.
Members:
- Chair: Jean Olemou, Co-Founder and Principal at GreenDev Inc.
- Sandra Berbari, Senior Director, Private Equity & Infrastructure Operations at HOOPP
- Shelley Carroll, City Councillor at City of Toronto
- Bill Crossland, President and CEO at Thermal Energy International Inc.
- Jacoline Loewen, CEO at Loewen Capital Partners
- Simon Segall, Experienced Pension Plan Trustee & Board Member
- Terry Vaughan, Principal and Senior Consultant at Prime Quadrant
Direct Investment Committee
The Direct Investment Committee recommends financing of direct investments to the Board of Directors along with any terms and conditions that are relevant and may be necessary in keeping with prudent investing. The Committee oversees that the conditions of investment established by the Board are duly implemented before investments are advanced and monitors the performance of investments.
Members:
- Chair: Kimberly Marshall
- Graysanne Bedell, Retired Lawyer, Independent Director
- Michael LeClair, Founder and CEO at GML Legacy Corp.
- Bernie Li, Investor and Advisor
- Graham McBride, Independent Investor and Strategist
- Sandra McEwen, Managing Director of Valuation & Analytics at Ontario Teachers’ Pension Plan
- Stephen Simpson, Partner at Instar Asset Management
Upcoming meetings
Board of Directors
- July 14, 2023, 9:30 a.m.
- November 21, 2023, 9:30 a.m.
Grants and Programs Committee
- April 5, 2 p.m. Minutes
- Jun 22, 10 a.m.
- October 19, 10 a.m.
Investment Committee
- June 7, 2023, 2 p.m.
- September 13, 2023, 2 p.m.
- December 6, 2023, 2 p.m.
Direct Investment Committee
- June 20, 2023, 2 p.m.
- October 17, 2023, 2 p.m.
Past meetings
Board of Directors
- April 27, 2023, 9:30 a.m. Minutes
- February 10, 2023, 9:30 a.m. Minutes
- November 3, 2022, 9 a.m. Minutes
- July 13, 2022, 9 a.m. Minutes
- May 25, 2022, 1 p.m. Minutes
- April 27, 2022, 1 p.m., Board of Directors. Minutes
- February 14, 2022, 9 a.m., Board of Directors. Minutes
Grants and Programs Committee
Investment Committee
- November 16, 2022, 2 p.m., Minutes
- March 1, 2023, 2 p.m. Minutes will be posted by May 1
- March 27, 2023, 1:30 p.m. Minutes will be posted by May 1
Direct Investment Committee
- October 7, 2022, 12 p.m. Minutes
- August 11, 2022, 9 a.m., Minutes
- August 9, 2022, 3:30 p.m. Minutes
- August 4, 2022, 2 p.m. Minutes
- June 27, 2022, 3 p.m. Minutes
- May 5, 2022, 2 p.m. Minutes
- January 24, 2023, 2 p.m. Minutes
- March 28, 2023, 2 p.m. Minutes
For older archives, visit the City of Toronto website