Under the Last Will and Testament of the late Dorothy J. Killam, four Trustees are in office at any one time. The four original Trustees, all now deceased, were: Donald N. Byers, QC, Managing Trustee and Mrs. Killam's personal solicitor; Conrad F. Harrington, Chairman of the Royal Trust Company; G. Arnold R. Hart, President of Bank of Montreal; and Major General the Hon. E.C. ("Johnny") Plow, Lieutenant Governor of Nova Scotia.

The Trustees presently in office are:

John H. Matthews, LLD, Toronto. Mr. Matthews is a former CEO and Director of RBC Trust Company, and General Manager and Director of the Bermuda Trust Company. He is now an independent consultant and company director. In addition, Mr. Matthews is a Member of the Investment Committee of the Canada Council for the Arts; Director, MD Private Trust Company; and Treasurer, Society of Saint John the Evangelist.

John S. Montalbano, CFA, Vancouver.  Mr. Montalbano has worked in the asset management industry since joining Phillips, Hager & North as an equity analyst in 1987. He sits on the boards of Sky Investment Counsel Inc., two research centres at the UBC Sauder School of Business and the Take a Hike - Youth at Risk Foundation; and is an Advisor to the Power to Be Foundation.

M. Ann McCaig, CM, AOE, LLD, Calgary. Mrs. McCaig is one of Canada's prominent volunteer leaders in the charitable and not-for-profit sector and a well-known advocate and philanthropist in the areas of education, health and youth development.  She is Chancellor Emeritus at the University of Calgary, a Director of the Gairdner Foundation, Chair of the Calgary Health Trust, Chair of the Alberta Adolescent Recovery Centre and the Honourary Chair of the Alberta Bone and Joint Health Institute.

George T.H. Cooper, CM, QC, LLD, Halifax. Mr. Cooper is Senior Partner with McInnes Cooper, an Atlantic Canada law firm. He is a former Member of Parliament and Parliamentary Secretary to the Minister of Justice of Canada. Mr. Cooper is a corporate lawyer; director of a number of companies; trustee of a number of Canadian-based foundations; and Chairman of the Board of Governors, University of King's College, Halifax. He is the Managing Trustee of the Killam Trusts.