Sue Fawcett Appointed to the Board of Directors of the Business Development Bank of Canada

OTTAWA, March 6, 2008 — The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Business Development Bank of Canada (BDC), today announced the appointment of Sue Fawcett to the Board of Directors of the BDC.

"Ms. Fawcett's financial background will contribute to the BDC's goal of providing financial and consulting services to Canadian entrepreneurs," said Minister Prentice. "I welcome Ms. Fawcett as she joins this Board of Directors."

Ms. Fawcett is currently President of Fawcett Financial Inc., a consulting company based in Calgary. Previously, Ms. Fawcett worked for CIBC Wood Gundy, where she served as Vice President and Investment Advisor, and for ScotiaMcLeod, where she was an investment advisor.

The BDC 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.

For further information (media only), please contact:

Deirdra McCracken
Press Secretary
Office of the Honourable Jim Prentice
Minister of Industry
613-995-9001

Denise Arab
Director, Communications
Business Development Bank of Canada
514-283-3054