EXHIBIT 3 - INVESTMENT TERMS (All Funds excluding DCA)
INSTRUMENT	ISSUER	INT_RATE	DATE_BGT	DATE_SOLD	BOUGHT	SOLD	BANK	LENGTH	DAYS to MAT	W AVG LENGTH	W AVG MAT	3/31/2009
T-BILLS	GOV CAN	0.35	27-Mar-2009	02-Apr-2009	34,997,900.00	35,000,000.00	TD	6	2	209,987,400	69,995,800
BA	CIBC	0.50	24-Mar-2009	13-Apr-2009	13,996,220.00	14,000,000.00	TD	20	13	279,924,400	181,950,860
BA	TD	1.08	12-Jan-2009	15-Apr-2009	1,994,520.00	2,000,000.00	TD	93	15	185,490,360	29,917,800
BA	BNS	0.50	24-Mar-2009	16-Apr-2009	15,995,040.00	16,000,000.00	TD	23	16	367,885,920	255,920,640
T-BILLS	GOV CAN	0.29	24-Mar-2009	16-Apr-2009	14,997,300.00	15,000,000.00	TD	23	16	344,937,900	239,956,800
TERM DEP	TD	0.90	17-Feb-2009	30-Apr-2009	30,000,000.00	30,053,260.27	TD	72	30	2,160,000,000	900,000,000
				Less than 1 month	111,980,980	33.5%
TERM ON	TD	3.40	14-May-2008	14-May-2009	5,000,000.00	5,170,000.00	TD	365	44	1,825,000,000	220,000,000
T-BILLS	GOV CAN	0.72	09-Feb-2009	14-May-2009	10,979,650.00	11,000,000.00	TD	94	44	1,032,087,100	483,104,600
BOND	ONT	4.19	03-May-2004	19-May-2009	2,980,260.00	3,000,000.00	RBC	1,842	49	5,489,638,920	146,032,740
BA	BNS	3.10	02-Jun-2008	25-May-2009	9,705,700.00	10,000,000.00	TD	357	55	3,464,934,900	533,813,500
BOND	GOV CAN	4.20	10-Jul-2003	01-Jun-2009	2,138,920.00	2,000,000.00	RBC	2,153	62	4,605,094,760	132,613,040
				Between 1 and 3 months	30,804,530	9.2%
BOND	CMHC	4.20	20-Sep-2004	15-Sep-2009	1,020,270.00	1,000,000.00	WG	1,821	168	1,857,911,670	171,405,360
BOND	LONDON	4.58	19-Sep-2003	19-Sep-2009	498,830.00	500,000.00	WG	2,192	172	1,093,435,360	85,798,760
BOND	TORONTO	4.59	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	WG	2,192	178	1,094,027,200	88,839,800
BOND	TORONTO	4.59	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	MER	2,192	178	1,094,027,200	88,839,800
BOND	MANITOBA	4.10	15-Sep-2008	01-Oct-2009	3,000,000.00	3,000,000.00	WG	381	184	1,143,000,000	552,000,000
CD	MANULIFE	3.68	26-Nov-2008	26-Nov-2009	8,000,000.00	8,294,400.00	CAN	365	240	2,920,000,000	1,920,000,000
CD	MANULIFE	1.37	17-Mar-2009	18-Dec-2009	7,000,000.00	7,072,516.16	CAN	276	262	1,932,000,000	1,834,000,000
BOND	BMO	4.40	03-Jan-2009	03-Jan-2010	2,000,000.00	2,000,000.00	BMO	365	278	730,000,000	556,000,000
GIC	TD	0.85	17-Mar-2009	17-Mar-2010	20,000,000.00	20,170,000.00	TD	365	351	7,300,000,000	7,020,000,000
				Between three months and one year	42,517,300	12.7%
BOND	NIAGARA	1.51	11-Mar-2009	11-Jul-2010	1,565,325.00	1,500,000.00	WG	487	467	762,313,275	731,006,775
BOND	CHT	3.63	27-Sep-2005	15-Sep-2010	998,910.00	1,000,000.00	WG	1,814	533	1,812,022,740	532,419,030
BOND	CHT	4.04	09-Dec-2005	15-Sep-2010	1,964,800.00	2,000,000.00	BMO	1,741	533	3,420,716,800	1,047,238,400
BOND	CHT	4.02	18-Jan-2006	15-Sep-2010	2,945,340.00	3,000,000.00	BMO	1,701	533	5,010,023,340	1,569,866,220
BOND	TORONTO	4.80	25-Sep-2003	25-Sep-2010	499,900.00	500,000.00	WG	2,557	543	1,278,244,300	271,445,700
BOND	TD	4.55	08-Dec-2008	18-Jan-2011	2,988,900.00	3,000,000.00	WG	771	658	2,304,441,900	1,966,696,200
BOND	YORK	4.21	25-May-2005	25-May-2011	997,900.00	1,000,000.00	WG	2,191	785	2,186,398,900	783,351,500
BOND	CIBC	4.40	11-Mar-2008	01-Nov-2011	3,999,520.00	4,000,000.00	BMO	1,330	945	5,319,361,600	3,779,546,400
BOND	HALTON	4.68	13-Feb-2004	12-Feb-2012	989,018.00	991,000.00	WG	2,921	1,048	2,888,921,578	1,036,490,864
BOND	BMO	5.15	25-Feb-2009	21-Jun-2012	4,013,600.00	4,000,000.00	BMO	1,212	1,178	4,864,483,200	4,728,020,800
BOND	CIBC	4.90	15-Feb-2008	10-Sep-2012	4,025,560.00	4,000,000.00	BMO	1,669	1,259	6,718,659,640	5,068,180,040
BOND	BNS	5.40	12-Dec-2008	01-Nov-2012	2,445,510.00	3,000,000.00	WG	1,420	1,311	3,472,624,200	3,206,063,610
BOND	TD	5.00	08-Apr-2008	01-Nov-2012	5,000,000.00	5,000,000.00	BMO	1,668	1,311	8,340,000,000	6,555,000,000
BOND	TD	4.67	02-Jun-2008	01-Nov-2012	3,272,600.00	4,000,000.00	WG	1,613	1,311	5,278,703,800	4,290,378,600
BOND	BNS	5.17	16-Jan-2009	27-Mar-2013	2,988,000.00	3,000,000.00	WG	1,531	1,457	4,574,628,000	4,353,516,000
BOND	BCMFA	5.03	22-Apr-2004	22-Apr-2013	998,900.00	1,000,000.00	CAN	3,287	1,483	3,283,384,300	1,481,368,700
BOND	BCMFA	4.01	29-Sep-2008	12-May-2013	3,000,000.00	2,500,000.00	BMO	1,686	1,503	5,058,000,000	4,509,000,000
BOND	TD	5.15	28-Nov-2007	03-Jun-2013	5,143,750.00	5,000,000.00	BMO	2,014	1,525	10,359,512,500	7,844,218,750
BOND	RBC	5.59	06-Oct-2008	06-Jun-2013	1,958,000.00	2,000,000.00	WG	1,704	1,528	3,336,432,000	2,991,824,000
BOND	RBC	5.61	28-Nov-2008	06-Jun-2013	2,936,700.00	3,000,000.00	BMO	1,651	1,528	4,848,491,700	4,487,277,600
BOND	CIBC	5.35	13-Jun-2008	06-Jun-2013	4,971,500.00	5,000,000.00	BMO	1,819	1,528	9,043,158,500	7,596,452,000
BOND	BMO	3.26	27-Mar-2009	03-Sep-2013	5,372,000.00	5,000,000.00	WG	1,621	1,617	8,708,012,000	8,686,524,000
BOND	BNS	4.66	27-May-2008	27-Sep-2013	1,960,700.00	2,500,000.00	WG	1,949	1,641	3,821,404,300	3,217,508,700
BOND	YORK	4.04	27-Sep-2005	27-Sep-2013	1,986,000.00	2,000,000.00	WG	2,922	1,641	5,803,092,000	3,259,026,000
BOND	BNS	5.79	02-Feb-2009	03-Oct-2013	3,035,400.00	3,000,000.00	WG	1,704	1,647	5,172,321,600	4,999,303,800
ACCRUAL	BMO	4.65	05-Mar-2007	01-Mar-2014	3,000,000.00	4,124,700.00	BMO	2,553	1,796	7,659,000,000	5,388,000,000
BOND	HALTON	3.50	24-Mar-2009	23-Nov-2014	1,060,000.00	1,000,000.00	WG	2,070	2,063	2,194,200,000	2,186,780,000
BOND	CIBC	4.84	14-Mar-2005	22-Dec-2014	1,994,880.00	2,000,000.00	WG	3,570	2,092	7,121,721,600	4,173,288,960
BOND	ONT	4.28	22-Jul-2005	08-Mar-2015	1,021,050.00	1,000,000.00	WG	3,516	2,168	3,590,011,800	2,213,636,400
BOND	TD	6.14	22-Oct-2008	02-Apr-2015	1,940,000.00	2,000,000.00	WG	2,353	2,193	4,564,820,000	4,254,420,000
BOND	TD	5.10	08-Aug-2008	02-Apr-2015	4,098,880.00	4,000,000.00	BMO	2,428	2,193	9,952,080,640	8,988,843,840
BOND	TD	5.33	10-Sep-2008	02-Apr-2015	2,024,000.00	2,000,000.00	BMO	2,395	2,193	4,847,480,000	4,438,632,000
BOND	BMO	5.71	22-Oct-2008	10-Jun-2015	3,901,600.00	4,000,000.00	BMO	2,422	2,262	9,449,675,200	8,825,419,200
BOND	BNS	5.51	24-Feb-2009	22-Jan-2016	2,138,000.00	2,000,000.00	WG	2,523	2,488	5,394,174,000	5,319,344,000
BOND	BNS	6.23	27-Jan-2009	22-Jan-2016	5,144,200.00	5,000,000.00	BMO	2,551	2,488	13,122,854,200	12,798,769,600
BOND	BCMFA	3.71	24-Mar-2009	19-Apr-2016	2,119,800.00	2,000,000.00	CAN	2,583	2,576	5,475,443,400	5,460,604,800
BOND	BCMFA	3.87	27-Mar-2009	19-Apr-2016	2,095,600.00	2,000,000.00	CAN	2,580	2,576	5,406,648,000	5,398,265,600
BOND	ONT	3.72	27-Mar-2009	02-Jun-2016	3,076,960.00	4,000,000.00	WG	2,624	2,620	8,073,943,040	8,061,635,200
BOND	ONT	4.47	26-Apr-2007	08-Mar-2017	1,485,315.00	1,500,000.00	WG	3,604	2,899	5,353,075,260	4,305,928,185
BOND	ONT	4.57	26-Nov-2008	08-Mar-2017	1,970,560.00	2,000,000.00	RBC	3,024	2,899	5,958,973,440	5,712,653,440
ACCRUAL	BMO	5.11	02-May-2007	02-May-2017	4,000,000.00	6,586,400.00	BMO	3,653	2,954	14,612,000,000	11,816,000,000
BOND	YORK REGION	4.39	07-Mar-2008	30-May-2017	1,529,250.00	1,500,000.00	WG	3,371	2,982	5,155,101,750	4,560,223,500
BOND	YORK	4.94	25-Sep-2008	30-May-2017	1,470,000.00	1,500,000.00	WG	3,169	2,982	4,658,430,000	4,383,540,000
BOND	YORK REGION	4.66	30-May-2007	30-May-2017	1,999,200.00	2,000,000.00	WG	3,653	2,982	7,303,077,600	5,961,614,400
BOND	BCMFA	4.33	27-Mar-2009	01-Dec-2017	3,100,800.00	3,000,000.00	CAN	3,171	3,167	9,832,636,800	9,820,233,600
BOND	ONT	4.73	29-Oct-2008	08-Mar-2018	1,928,640.00	2,000,000.00	RBC	3,417	3,264	6,590,162,880	6,295,080,960
BOND	ONT	4.41	12-Dec-2008	08-Mar-2018	1,974,860.00	2,000,000.00	WG	3,373	3,264	6,661,202,780	6,445,943,040
BOND	BMO	5.63	09-Sep-2008	02-May-2018	1,552,500.00	1,500,000.00	WG	3,522	3,319	5,467,905,000	5,152,747,500
BOND	ONT	5.11	05-Nov-2008	02-Jun-2018	2,999,999.57	4,835,979.00	BMO	3,496	3,350	10,487,998,497	10,049,998,560
BOND	TORONTO	5.05	27-Jun-2008	27-Jun-2018	996,960.00	1,000,000.00	WG	3,652	3,375	3,640,897,920	3,364,740,000
BOND	RBC	5.26	10-Oct-2007	04-Nov-2018	3,039,990.00	3,000,000.00	BMO	4,043	3,505	12,290,679,570	10,655,164,950
BOND	ONT	4.39	24-Feb-2009	02-Dec-2018	1,972,500.00	3,000,000.00	WG	3,568	3,533	7,037,880,000	6,968,842,500
BOND	TORONTO	4.57	27-Mar-2009	18-Dec-2018	4,336,800.00	4,000,000.00	BMO	3,553	3,549	15,408,650,400	15,391,303,200
BOND	ONT	4.78	09-Mar-2009	02-Jun-2019	1,860,000.00	3,000,000.00	WG	3,737	3,715	6,950,820,000	6,909,900,000
BOND	ONT	4.33	15-Jan-2009	02-Jun-2019	5,440,850.00	5,000,000.00	RBC	3,790	3,715	20,620,821,500	20,212,757,750
BOND	ONT	4.48	30-Jan-2009	02-Jun-2019	3,223,410.00	3,000,000.00	RBC	3,775	3,715	12,168,372,750	11,974,968,150
				Over 1 year	148,554,438	44.5%
		Bonds			161,190,918			Average Length of Investment (days)	1,209.6
		Money Market			172,666,330
								Weighted Average Days to Maturity	994.4
		Portfolio Balance Mar 31, 2008			333,857,248
		General Fund and Other Reserves
		(not including DCA)