Corporate Governance

Corporate governance is an integral part of our effective and efficient operation. We are dedicated to fulfilling our responsibility to our stakeholders by governing ISC with accountability, transparency and integrity. Our commitment to full and fair financial disclosure and best practices in corporate governance provides a solid foundation for our operational culture.


Board of Directors


Joel Teal, Board Chair


Mr. Teal is retired from the position of President of Dundee Developments/Homes by Dundee, where he worked since 1996. Prior to this, Mr. Teal was the President and CEO of Preston Developments.

In 2015, Mr. Teal was the recipient of the Saskatchewan Chamber of Commerce Business Leader of the Year award. Mr. Teal has been awarded the Saskatchewan Centennial Medal for Volunteerism and the Canada Medal of Bravery. He was also recognized as Canadian Home Builder Member of the Year by the Canadian Home Builders Association and, in 2008, Mr. Teal was named one of Saskatchewan’s 10 ‘‘Men of Influence’’ by SaskBusiness magazine. In 2009, he was a finalist for the Saskatchewan Chamber of Commerce Business Leader of the Year Award.

Other current board memberships:
• Jayman Legacy Holdings Inc. Board member


Karyn Brooks, Audit Committee Member


Ms. Brooks is a corporate director, who has 20 years of executive experience as an officer of several large Canadian public companies. Prior to her retirement in 2014, she was Senior Vice-President & Controller at BCE Inc. and Bell Canada for several years. Over the course of her career, Ms. Brooks was an active volunteer in the standard-setting process, both domestically and internationally, as a member of various committees and councils that either developed accounting standards or provided oversight and advice to standard-setting bodies. She also is a Trustee Emerita of Queen’s University, where she sat on the Board of Trustees from 2007 to 2014.

In 2009, Ms. Brooks was elected a fellow of CPA Ontario and was named one of the Women’s Executive Network - Canada’s Most Powerful Women. She was named to the Canadian Board Diversity Council’s Diversity 50, a group of diverse board-ready candidates in 2013. In 2014, she was the recipient of Financial Executives International (Canada) Distinguished Service Award.

Other current board memberships:
• Director and Audit & Human Resources, Safety and Governance member, Bird Construction Inc.
• Trustee & Finance and Legal Chair, Calgary Zoological Society and Calgary Zoological Foundation
• Director and Audit Chair, Aspen Leaf Energy Limited
• Director and Audit Chair, Leaside Capital Corp.


Tom Christiansen, Compensation Committee Member


Mr. Christiansen has owned and operated Décor Complete Ltd., a retail flooring business in Swift Current, Saskatchewan for the past 30 years. Mr. Christiansen has been a director of ISC since 2009 and has previously served as Board Chair.

Mr. Christiansen is a founding member and current President of the Colts Football Alumni and Booster Club, and a founding member of the Swift Current Minor Football Association.

Mr. Christiansen was named as one of Saskatchewan’s ‘‘Men of Influence’’ by SaskBusiness magazine in 2012.


Doug Emsley, Board Vice-Chair & Compensation Committee Chair


Mr. Emsley is the President, Chief Executive Officer and Chairman of Input Capital Corp., the world’s first agricultural streaming corporation. Input Capital Corporation is a publicly traded company, which is listed on the Toronto Venture Exchange (“TSX.V”).

Mr. Emsley has a wide array of business and professional experience. He is also the President of Emsley & Associates (2002) Inc., which operates an executive business centre in downtown Regina, Chairman and CEO of Security Resource Group Inc. (an information technology and physical security firm), and Sabre West Oil & Gas Ltd. (an oil and gas company).

Mr. Emsley is also the Chief Executive Officer and Chairman of Assiniboia Capital Corp. and Palliser Farmland Management, which previously managed a $200 million portfolio of Saskatchewan farmland on behalf of investors who own and rent approximately 200,000 acres of Saskatchewan farmland to over 150 farmers.

Other current board memberships:
• Chairman and CEO, SRG Security Resource Group Inc.
• Director, Greenfield Carbon Offsetters Inc.
• Director & Chair, Input Capital Corp.


Tony Guglielmin, Audit Committee Chair


Mr. Guglielmin currently serves as Vice-President and Chief Financial Officer of Ballard Power Systems Inc., a position he has held since 2010. Previously, Mr. Guglielmin served as Senior Vice-President and Chief Financial Officer of the public-private partnership Canada Line Rapid Transit Inc., a rapid transit project connecting the Vancouver International Airport, the City of Richmond and downtown Vancouver.

Prior to joining Canada Line Rapid Transit Inc., Mr. Guglielmin held senior management roles in treasury, investor relations, corporate development and strategic planning at Finning International Inc. in Vancouver, was Corporate Treasurer of BC Hydro, and held various management positions with The Bank of Nova Scotia in Toronto.

Mr. Guglielmin belongs to a number of professional organizations, including Financial Executives International (Canada) and the Association of Investment Management and Research.


Scott Musgrave, Audit Committee Member


Mr. Musgrave is an executive and shareholder within the Musgrave group of companies, primarily a real estate and development company. In addition to this core business, the Musgrave group of companies has ownership and provides managerial involvement for a diversified group of businesses ranging from the hotel and hospitality industry to the oilfield.


Iraj Pourian, Governance & Nominating Committee Member


Mr. Pourian has owned and operated an independent consulting firm since 2008 (Pourian Consulting Inc.). He has held various senior management and executive roles, including Partner, Consulting Practice Leader, and Branch Manager. He is the former President and CEO of Sierra Systems Inc. He has been involved in mergers and acquisitions working closely with Board of Directors and investment advisors.

He has direct working experience in complex business development and delivery of large complex capital investment initiatives. He provides executive leadership for complete organizational and business transformation strategies with particular emphasis on value creation.

Mr. Pourian’s consulting, information management and information technology experience spans over 30 years and includes significant experience in strategic planning, contract management, program management, business transformation, change management and organizational design. His business advisory and management consulting industry experience spans government, manufacturing, banking, service, and retail industries.

Mr. Pourian has been an adjunct professor at the University of Victoria, teaching within the MBA Program. He holds a Master of Science degree, majoring in Management Information Systems from Sheffield City University, UK.


Laurie Powers, Compensation Committee Member


Ms. Powers is the President and Chief Executive Officer of Canterra Capital Corp.

Previous positions include the Senior Portfolio Manager of Assiniboia Capital Corp., Vice-President, Private Investments at Harvard Developments Inc., Chief Financial Officer at Victoria Park Capital Inc., Chief Financial Officer at Investment Saskatchewan, and Chief Financial Officer of Information Services Corporation of Saskatchewan.

She was awarded her ICD.D designation by the Institute of Corporate Directors.

Other current board memberships:
• Director, Peace Hills Insurance
• Director, Canterra GP Ltd.
• Director, CPPIB 013113, LLC


Heather Ross, Governance & Nominating Committee Member


Ms. Ross is a retired senior executive from TD Bank Group. Throughout her tenure at TD, she held a number of positions including, most recently, Senior Vice-President of Personal Banking Operations at TD Canada Trust. Previously she held the positions of Chief Information Officer (CIO), and Senior Vice-President of Retail Transformation.

Her background includes a broad range of functional experiences with competencies in strategy and execution of key mandates, innovation and technology, and risk management.

Other current board memberships:
• Chair, Compensation, Governance & Nominating Committee and Member, Audit Committee, Stelco Holdings Inc.
• Member, Conduct Review and Human Resources Committee and Member, Nomination and Governance Committee, RSA Canada


Dion E. Tchorzewski, Governance & Nominating Committee Chair


Mr. Tchorzewski has practised law in Saskatchewan and internationally for more than 20 years. Mr. Tchorzewski is a partner in the Regina office of McDougall Gauley LLP and joined that firm in 2011. Mr. Tchorzewski’s practice includes working with local, national and international businesses in the areas of corporate governance, real estate, secured lending and information technology.

Mr. Tchorzewski has experience providing legal services to several of Saskatchewan’s Crown corporations, including Saskatchewan Gaming Corporation. Mr. Tchorzewski’s international experience includes private practice with the firm ASAR, during which he advised local and international business clients operating in the State of Kuwait.

Prior to joining McDougall Gauley LLP, Mr. Tchorzewski practised law with the firm of Olive Waller Zinkhan & Waller LLP in Regina, Saskatchewan. Previously, he acted as general counsel to the Kuwaiti-based international retailer, Alshaya, for which he oversaw legal matters covering all of Alshaya’s Middle East operations.

Mr. Tchorzewski is a member of the Law Society of Saskatchewan and the Canadian Bar Association. In 2017, Mr. Tchorzewski successfully completed the Director Education Program through the Rotman School of Management (University of Toronto), Edwards School of Business (University of Saskatchewan) and Levene Graduate School of Business (University of Regina) and was awarded his ICD.D designation by the Institute of Corporate Directors.

Other current board memberships:
• Board Chair, Regina Pats Community Foundation Inc.

Interactive Analyst Centre


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Non-IFRS Information

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