Our Team

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Based in Western Canada, our seasoned management team has a long and successful track record of building, acquiring, growing and financing profitable businesses.

Our goal is to create long-term wealth for shareholders by building and maintaining a portfolio of strong, stable and profitable Western-based companies, and helping them to grow.

Scott Tannas is the Founder and Vice Chairman of Western Financial Group (“Western”), having served as its CEO from 1996 to 2014. Western was founded as a Junior Capital Pool in 1996. From its headquarters in High River, Alberta, Mr. Tannas oversaw the building of Western through more than one hundred acquisitions, and a number of strategic initiatives. Today, Western is a diversified financial services organization with more than $1 Billion in annual sales. 1800+ employees provide nearly 1 million customers with insurance and investment products and services. The company’s network of more than 160 offices stretches across the West from Winnipeg to the Pacific coast.


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On April 15, 2011, after 15 years as a publicly traded company, Western was acquired by Quebec based Desjardins Group, in a $440 million transaction. In the time between the IPO in 1996, and Western’s exit from the public market in 2011, the company’s stock price rose 1038%.

Scott is a director of Western and its federally regulated subsidiary Western Life Assurance Company. He is also the Lead Director of Rocky Mountain Dealerships Inc. (RME:TSX).

In addition to his business activities, Scott is active in public service. In a Province-wide election on April 23, 2012, Albertans elected Scott as a “Senator in Waiting”, and on March 25, 2013 Prime Minister Harper appointed him to the Senate of Canada.

Since 2002, James F. Dinning has been on the Board of Directors of Western Financial Group Inc. and since 2005 has been Chair of the Board of Western Financial Group Inc. From 1998 to 2004 Mr. Dinning was Executive Vice President of TransAlta Corporation and from 1997 to 1998 was Senior Vice President.


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Prior to 1997, Mr. Dinning held several key positions during his 11 years as a Member of the Legislative Assembly in Alberta, including Provincial Treasurer from 1992 to 1997. Mr. Dinning is currently Chair of the Board of Liquor Stores N.A. Ltd. and Russel Metals Inc. He also serves as a director of Oncolytics Biotech Inc. and Zag Bank.

In 2015, Mr. Dinning became a Member of the Order of Canada and was installed as a Fellow of the Institute of Corporate Directors. He is Chancellor Emeritus of the University of Calgary following his four year tenure as Chancellor.

Willard Yuill is the Chairman and Chief Executive officer of The Monarch Corporation. He is a Director of Shaw Communications Inc. and is Chairman of their Human Resources and Compensation Committee.


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Mr. Yuill is Chair and Chief Executive Officer of Monarch Ventures Inc., a Canadian private equity company and CSH International Inc., a United States private equity company. Mr. Yuill is currently a Director of TSO Logic Inc., a private company that provides software for monitoring and reducing energy consumption in large data centres, a Trustee of the St. Andrew’s College Foundation and a Governor of the Western Hockey League. He is a former Director of Western Financial Group, the Alberta Economic Development Authority and the Medicine Hat Exhibition and Stampede Ltd. and he is past Chair of the Alberta chapter of the World Presidents Organization.

Mr. Yuill received an Honorary Doctor of Laws from the University of Lethbridge.

Robert Espey is the President and Chief Executive Officer of Parkland Fuel Corporation ("Parkland"), joined Parkland in November, 2008 as Vice President Retail Markets. Throughout his career, Mr. Espey has held a variety of senior management roles across a diverse group of industry sectors including manufacturing, international consulting, and the Canadian military.


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Prior to joining Parkland, Mr. Espey spent three years with FisherCast Global Corporation where he was the Executive Vice President in charge of worldwide sales and marketing and operations, and was ultimately promoted to President and Chief Executive Officer. Mr. Espey was also Vice President of Algonquin Automotive, spent a total of six years in London, England primarily with Computer Sciences Corporation, was a partner with What If Impact, a London based innovation consultancy, and spent four years in the Canadian Navy as a commissioned officer.

Mr. Espey holds a Bachelor of Engineering (Mechanical) from Royal Military College and his Masters in Business Administration from the University of Western Ontario.

Richard Moore is a 32 year veteran of the Canadian Investment Industry, having held Officer positions at Raymond James Ltd, Canaccord Wealth Management and previously Vice President at Richardson GMP. Mr. Moore’s area of expertise has been in the raising of capital for start-up and micro-cap companies. He has been involved in the Capital Pool Program since its inception, having been the lead advisor on over 50 Capital Pool companies and their subsequent financings post qualifying transactions. He has financed companies across multiple sectors, including oil and gas, financial services, bio technology, health care, aerospace, mining and global security.


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Mr. Moore played a lead role in educating participants in other jurisdictions about the Capital Pool Program in advance of its expansion from Alberta to all Canadian provinces. Mr. Moore formerly sat on the Local Advisory Committee of the TSX Venture Exchange.

Dr. Kabir Jivraj serves as the Managing Director at AgeCare Ltd. and is instrumental in its success. Dr. Jivraj has acute understanding of health care and the seniors market and extensive business acumen and experience. He served as Senior Vice-President and Chief Medical Officer at Alberta Health Services - Calgary Health Region from 1999 to 2002. He also served as the Vice Dean of the University of Calgary, Faculty of Medicine from 2000 to 2002.


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Dr. Jivraj has been a Clinical Professor at the University of Calgary, Faculty of Medicine since 2001. He has taught undergraduate and graduate students since 1988. He received the Associations Medal of Distinguished Service in May 2000. He was honoured in 2005 as one of the 100 Alberta Physicians of the Century by the Alberta Medical Association and the College of Physicians and Surgeons of Alberta. He is a Fellow of the Royal College of Physicians of Canada from the Royal Course of Physicians & Surgeons of Canada completed in 1985 and Institute of Corporate Directors with the ICD.D Corporate Governance College completed in 2006. Dr. Jivraj obtained his Bachelor of Medical and Surgery degree from the London University, UK, in 1981.

Shafeen serves as a strategic advisor to Western on acquisitions and financings. He has over ten years of experience advising clients in a variety of sectors including energy, infrastructure, power and utilities and P3 projects. Shafeen started his investment banking career in Toronto as an associate at CIBC World Markets and in Calgary at UBS Securities Canada as Director. In total, Shafeen has advised on over $3.5 billion in acquisitions and executed over $4 billion in debt and equity offerings in the Canadian and U.S. marketplace.


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Shafeen completed his MBA from the Ivey School of Business at the University of Western Ontario and a Bachelors in Actuarial Science from Simon Fraser University. He is a Chartered Financial Analyst Charterholder and an Associate from the Society of Actuaries.