Archived - Report on the Management of Canada's Official International Reserves

January 1, 2005-March 31, 2006

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Table of Contents

Purpose of the Report

Highlights

Overview of the Exchange Fund Account Management Framework

Review of Operations

Annex 1: Statement of Investment Policy (Effective as of September 2006)

Annex 2: Official Intervention

Annex 3: Canada's Official International Reserves

Annex 4: List of Agents and Mandataries as Defined by the Currency Act

Annex  5: Glossary

Financial Statements of the Exchange Fund Account