July 25, 2008
 
Toronto 

416.863.5585 (Direct Line)
416.863.0871 (Fax)

dbrown@dwpv.com

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David A. Brown, Q.C.
 
 
David Brown has recently returned to Davies Ward Phillips & Vineberg LLP as Counsel following seven years as the Chairman and Chief Executive Officer of the Ontario Securities Commission.  Prior to joining the OSC, he was a senior corporate law partner with a predecessor firm to Davies Ward Phillips & Vineberg for 29 years, focusing on mergers and acquisitions, corporate finance and reorganization.  During his tenure as Chairman and CEO, the OSC moved from a government agency to a self-funded Crown Corporation with a renewed mandate to provide effective protection to investors while maintaining strong, efficient capital markets in Canada.  David led the expansion and reorganization of the OSC to meet the increasing demands of a changing market.  This enabled the OSC to strengthen its resources and to focus its activities on providing a balanced regulatory response to emerging issues.
 
David has played a significant role in national and international regulatory bodies.  He was the founding chair of the Council of Governors for the Canadian Public Accountability Board, a national body he helped form to oversee the audits of Canadian publicly-listed companies.  He is a member of the Audit and Assurances Standards Oversight Council, a body formed by the Canadian Institute of Chartered Accountants to oversee the setting of Canadian auditing standards.  In 2007 he undertook an independent investigation into matters relating to RCMP pension and insurance plans, and delivered his report "A Matter of Trust" to the Minister of Public Safety and to the President of the Treasury Board of Canada.  He was subsequently appointed chair of a five person task force to examine issues of governance and culture with the RCMP.  The Task Force report and recommendations were delivered to the Minister of Public Safety and to the President of the Treasury Board on December 14, 2007.

Internationally, he is a past chair of the Technical Committee and a member of the Executive Committee of the International Organization of Securities Commission.  He is currently a member of the Public Interest Oversight Board, a new body formed by international regulatory and supervisory bodies to oversee the standards-setting and other public interest activities of the International Federation of Accountants.
 
David received his Bachelor's degree in Civil Engineering from Carleton University in 1963 and his LL.B from the University of Toronto in 1966.  He was appointed Queen's Counsel in 1984 and was awarded an honourary doctorate of laws from McMaster University in 2005.
 
David serves on a number of boards and advisory committees.  He is a Director and member of the Funds Advisory Boards for the AIM Trimark group of mutual funds.  He serves on the Panel of Senior Advisors to the Auditor General of Canada and is a member of the Investment Advisory Board of Westerkirk Capital Inc. and the advisory board for Q4 Web Systems Inc..

David also is an active volunteer.  He is the Deputy Chair of the Board of Trustees of the University Health Network and a Director and Chair of the Governance and Nominating Committee of Cancer Care Ontario.  He is the Chair of the Public Policy Forum, the Chair of the Governance and Leadership Council of the Ontario Hospital Association and a member of the Dean's Advisory Council for Osgoode Hall Law School and The Dean's Advisory Council for the Wilfrid Laurier University School of Business and Economics.  He is a past director of the Royal Agricultural Winter Fair and the Princess Margaret Hospital Foundation and a past director and President of the Granite Club.
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