News Release

Canada's CFO of the Year™ 2008 Award Nominations now Open

Submit your nomination at CFOY.ca

TORONTO, December 3, 2007 - Nominations are now being accepted at www.cfoy.ca for the 2008 Canada's CFO of the Year™ Award. The award is given annually by presenting sponsors PricewaterhouseCoopers LLP (PwC), Financial Executives International Canada (FEI Canada) and The Caldwell Partners International. Now in its sixth year, the award honours the quality, insight, direction and leadership of Canada's senior financial leaders. Nominations close on March 31, 2008.

Candidates, from any business sector, may be nominated by CEOs, corporate directors, financial analysts and other senior executives. An independent selection committee, chaired by Peter Dey, Chairman, Paradigm Capital Inc., and composed of some of Canada's most prominent business leaders, will select the 2008 award winner. The 2008 recipient of Canada's CFO of the Year Award will be honoured at a gala dinner on May 29, 2008 at The Fairmont Royal York in Toronto.

"The CFO of the Year Award recognizes the tremendous achievements and the valuable contributions that are made on a daily basis by financial leaders across Canada," says Michael Conway, President and CEO of FEI Canada. "Each year the quality of the nominations is a testament to the profession."

Previous recipients of Canada's CFO of the Year Award include:

2007: Marvin Romanow, Executive Vice-President and Chief Financial Officer, Nexen Inc.
2006: Karen Maidment, Chief Financial and Administrative Officer, BMO Financial Group
2005: Claude Mongeau, Executive Vice-President and Chief Financial Officer, CN
2004: Peter Rubenovitch, Senior Executive Vice President and Chief Financial Officer, Manulife Financial Group
2003: Peter W. Currie, former, Vice-Chairman and Chief Financial Officer, RBC Financial Group.

"Over the past five years we've seen many accomplished executives honoured for their commitment to sound financial reporting, to building public trust and for assuming a critical leadership role at the companies they work for," says Chris Clark, Canadian Senior Partner and CEO, PwC. "We are looking forward to adding another name to this impressive list of award recipients."

Douglas Caldwell, Chair and Chief Executive Officer of The Caldwell Partners International adds, "In the five years that we have sponsored this Award we have seen the pressures on CFOs increase dramatically; from regulators, investors, Boards of Directors, and Chief Executive Officers. These pressures on CFOs are enormous, and they deserve our recognition and praise for their contribution."

For more information or to submit your nomination for the next Canada's CFO of the Year, please visit www.cfoy.ca.

About PricewaterhouseCoopers

The firms of the PricewaterhouseCoopers global network (www.pwc.com) provide industry-focused assurance, tax and advisory services to build public trust and enhance value for clients and their stakeholders. More than 146,000 people in 150 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice. Now celebrating 100 years of excellence in Canada, PricewaterhouseCoopers LLP (www.pwc.com/ca) and its related entities have more than 5,200 partners and staff in offices across the country.

(Unless otherwise indicated, "PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP, Canada, an Ontario limited liability partnership. PricewaterhouseCoopers LLP, Canada, is a member firm of PricewaterhouseCoopers International Limited.)

About Financial Executives International Canada (FEI Canada)

FEI Canada is the professional membership association for senior financial executives. With more than 2,000 members in 11 chapters across Canada, holding the title of Chief Financial Officers, Controllers, Treasurers, Tax Executives, Finance and Accounting Professors, the association membership represents the senior most financial officers of a significant number of Canada's most influential corporations. Further information can be found at www.feicanada.org.

About The Caldwell Partners International

The Caldwell Partners International Inc., founded in 1970, was Canada's first executive search firm. Today it is the largest and only truly national human capital services company, serving clients across Canada from its offices in Halifax, Montreal, Toronto, Winnipeg, and Vancouver, as well as internationally. The Caldwell Partners focuses on recruiting "C-class" executives (chief executive, chief financial, chief information officers, as well as other senior executives), as well as non-executive board directors. The Caldwell Partners takes pride in delivering unmatched depth of service and expertise to its clients, the caliber and experience of its staff, and the successful completion of its engagements. The Caldwell Partners founded and continues to promote the prestigious national awards programs recognizing Canada's Outstanding CEO of the Year™ and Canada's Top 40 Under 40™. The Caldwell Partners' Class-A non-voting shares are listed on The Toronto Stock Exchange (TSX: CWL.A). For more information see www.caldwell.ca.