INVESTMENT POLICY ADVISORY COMMITTEE

AGENDA

November 27, 2009
Trophy Room
2nd Floor, City Hall
1841 Argyle Street
Halifax, NS

12:00 - 2:00 pm

1. CALL TO ORDER

2. APPROVAL OF MINUTES - August 17, 2009

3. APPROVAL OF AGENDA AND APPROVAL OF ADDITIONS AND DELETIONS

4. BUSINESS ARISING FROM THE MINUTES
4.1 Potential Investment Policy Changes
4.2 Comparison with Other Municipalities

5. NEW BUSINESS
5.1 Treasurer’s Report - Quarter Ending September 30, 2009
5.2 Draft Investment Policy Advisory Committee Report to Council for Quarter Ending September 30, 2009

6. INFORMATION ITEMS / OPTIONAL READING
6.1 Bloomberg Commentary - “What Central Bankers Say When They Mean “Awful”“ - Caroline Baum
6.2 Bloomberg Commentary - “Why the Goldman Sachs - AIG Story Won’t Go Away” - Jonathan Weil
6.3 Bloomberg Commentary - “Valuing Bonds, Dollar Is Crazy in World Gone Mad” - Mark Gilbert
6.4 “Fewer U.S. Homeowners Owe More Than Properties are Worth” - Bloomberg
6.5 RBC Capital Markets - “Global Macro View: Hard Labour”
6.6 Bloomberg Commentary - “Frank, Dodd Will Fix Banking Regulation But Good” - Caroline Baum

7. NEXT MEETING DATE - To Be Determined

8. ADJOURNMENT