INVESTMENT POLICY ADVISORY COMMITTEE
AGENDA

June 6, 2012
Trophy Room, 2nd Floor City Hall
1841 Argyle Street, Halifax
12:00 p.m. to 2:00 p.m.

1. CALL TO ORDER

2. APPROVAL OF MINUTES – February 27, 2012

3. APPROVAL OF THE ORDER OF BUSINESS AND APPROVAL OF ADDITIONS AND DELETIONS

4. BUSINESS ARISING FROM THE MINUTES

4.1 Annual Investment Policy Review – Verbal Update

4.2 RBC Dexia – Verbal Update

5. REPORTS

5.1 Treasurer's Report - Quarter Ending March 31, 2012

5.2 Draft Investment Policy Advisory Committee Report to the Audit and Finance Standing Committee for Quarter Ending March 31, 2012

5.3 Trust Fund Investment Strategies

6. ADDED ITEMS

7. NEXT MEETING DATE - To Be Determined

8. ADJOURNMENT

Information Items

6.1 Bloomberg Commentary “Our Gift for Good Stories Blinds Us to the Truth” – Reid Hastie

6.2 Bloomberg Commentary “German Unions Seeking Higher Pay Could Save the Euro” - Simon Johnston

6.3 Bloomberg Commentary “U.S. Perfecting Formula for Budget Failure, Says Bowles” – William D. Cohan

6.4 CIBC Economics “U.S. Student Loans – A Growing Problem” – Benjamin Tai

6.5 Bloomberg Commentary “Hope for Treasury Bailout Profits Rests on Fuzzy Math” – Jonathan Weil

6.6 Hoisington Investment Management Company Quarterly Review and Outlook First Quarter 2012 – Van R. Hoisington and Lacy H. Hunt