Barometer Capital Management buys Rockwater Asset Management

Client

Barometer Capital Management Inc.

Date

November 2006

On November 23, 2006, Rockwater Capital Corporation, a leading independent diversified financial services company, announced that it had completed the sale of Rockwater Asset Management Inc., a registered adviser, and certain of its private client assets to Barometer Capital Management Inc.

Garth Foster and Munier Saloojee of Fasken Martineau advised Barometer Capital Management in this transaction.