The Ontario Securities Commission announced today the new members of its Small Business Advisory Committee (SBAC).

“The SBAC plays a critical role in assisting us to understand and address on-going issues that face small and medium-sized businesses,” said Erez Blumberger, manager, corporate finance and chairman of the SBAC. “After considering a number of applications for membership, we are pleased to compose a committee that reflects a broad spectrum of industry sectors and includes members with diverse and interesting backgrounds. We look forward to receiving the insights of the SBAC,” added. Blumberger.

The 2007-2008 SBAC will be comprised of the following members:

  • Erez Blumberger, Manager, Corporate Finance, Ontario Securities Commission (SBAC Chair);
  • Steve Callan, Assurance & Advisory Partner, Mintz & Partners LLP;
  • Ungad Chadda, Director, Listed Issuer Services, Ontario and NEX, TSX Venture Exchange;
  • Julia Dublin, Partner, Aylesworth LLP;
  • Tom Forestell, Partner, Grant Thornton LLP;
  • Eric Lowy, General Counsel and Corporate Secretary, Syndesis Limited;
  • Neill May, Partner, Goodmans LLP;
  • Michèle D. McCarthy, Lawyer, McCarthy Law;
  • Stephanie A. McManus, Lawyer, Compliance Support Services;
  • Kelly E. Miller, National Risk Partner, National Risk Management, BDO Dunwoody LLP;
  • Naomi Morisawa De Koven, Business & Securities Lawyer, Morisawa De Koven Professional Corporation;
  • Morley W. Salmon, Chairman of the Board, Limited Market Dealers Association of Canada;
  • Pierre Soulard, Partner, Ogilvy Renault LLP;
  • Malvin Spooner, President & CEO, Mavrix Fund Management Inc.;
  • Jennifer A. Wainwright, Partner, Aird & Berlis LLP; and
  • Doug Waterson, CFO & Portfolio Manager, Faircourt Asset Management Inc.



The SBAC was established on July 4, 2002 to serve as a forum for communication between the OSC and small and medium-sized businesses. The aim was to assemble a group of individuals with diverse backgrounds and experiences who collectively would reflect the interests of smaller issuers. SBAC members serve two-year terms and meet four to six times per year.