EXHIBIT 1 - INVESTMENT PORTFOLIO BY ISSUER AT DECEMBER 31, 2008
							Year-End Portfolio Balance (All Funds): $334.8m
			Investment		Portfolio at
			Policy Targets		Dec 31/08
	Government (Federal/Provincial)		>30%, no max		30%
	Government (Municipal)		max 30%		4%
	Schedule A Banks:
		Bank of Nova Scotia	max 25%		10%
		Bank of Montreal	max 25%		10%
		CIBC	max 25%		17%
		Manulife			4%
		Royal Bank of Canada	max 25%		4%
		Toronto Dominion	max 25%		17%
	Schedule A Banks Total		max 65%		62%
	Schedule B Banks:
		Hong Kong Bank	max 15%		4%
	Schedule B Banks Total		max 25%		4%
					100%
* Under the Town of Markham Investment Policy, deviations of +/- 5% from the above targets are allowed in order
to take advantage of changing capital market conditions.