Ontario Financing Authority
Daki Proudfoot, CFA, has extensive experience in capital markets, currently serving as Money Market Manager at the Ontario Financing Authority since 2016, with prior roles in trading, risk control, and corporate finance. In 2016, Daki held the position of Senior Advisor at the Ontario Ministry of Economic Development and Growth and previously worked as an Economic Analyst in the Ontario Retirement Pension Plan Implementation Secretariat at the Ontario Ministry of Finance from 2015 to 2016. Earlier in Daki's career, teaching and instructional roles were undertaken at York University and World Foreign Language Middle School, alongside experience as an English Language Instructor at Synergistic Solutions Ltd. Daki Proudfoot holds an Honours Bachelor of Arts in Economics from McMaster University and a Master of Arts in Economics from York University.
Ontario Financing Authority
The Ontario Financing Authority (OFA) was established as an agency of the Crown on November 15, 1993 by the Capital Investment Plan Act, 1993 (the Act). In accordance with the Act, the OFA: • conducts borrowing, investment and financial risk management for the Province of Ontario (the Province); • manages the Provincial debt; • manages the Province's key financial relationships with investors, financial institutions, rating agencies and public bodies; • provides centralized financial services for the Province including banking and cash management; • advises ministries, Crown agencies and other public bodies on financial policies and projects; • assists Crown agencies and other public bodies to borrow and invest money; • acts at the direction of the Province in lending to certain public bodies; • invests on behalf of some public bodies; • with Ontario Power Generation Inc. (OPG), manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund; and • carries out the day-to-day operations of Ontario Electricity Financial Corporation (OEFC) and provides a broad range of financial services to Infrastructure Ontario. In addition, the OFA’s objects include: • providing such other financial services as are considered advantageous to the Province or any public body; and • any additional objects as directed by the Lieutenant Governor in Council. In pursing its mandate, the OFA is committed to its core values of respect, innovation, teamwork and accountability.