Industry Canada

Industry Canada

January 29, 2008 12:17 ET

Industry Canada: Thomas Spencer Appointed to the Board of Directors of the Business Development Bank of Canada

OTTAWA, ONTARIO--(Marketwire - Jan. 29, 2008) - The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Business Development Bank of Canada (BDC), today announced the appointment of Mr. Thomas Spencer to the Board of Directors of the BDC.

"I am pleased to welcome Mr. Spencer to the BDC," said Minister Prentice. "His extensive experience in, and knowledge of, business and finance will assist and support the Board as it continues to deliver on its commitment to strengthen entrepreneurship in Canada."

Mr. Spencer retired from the position of Vice Chair of Risk Management at TD Bank Financial Group in 2003. During his career with TD Bank Financial Group, he held various commercial lending and corporate finance positions before being named, successively, Vice President of Corporate and Investment Banking, Senior Vice President of Corporate and Investment Banking, Senior Vice President of Risk Management and Executive Vice President of Risk Management.

The Business Development Bank of Canada is a financial institution wholly owned by the Government of Canada that actively supports the development and growth of Canadian small and medium-sized businesses through its complementary financial, investment and consulting solutions.

Contact Information

  • Office of the Honourable Jim Prentice
    Minister of Industry
    Deirdra McCracken
    Press Secretary
    613-995-9001
    or
    Business Development Bank of Canada
    Denise Arab
    Director, Communications
    514-283-3054