Canso Select Opportunities Corporation

About Us

CSOC is an Ontario-based investment corporation. The Corporation’s mission is to provide capital gains and dividend income to its shareholders. Consistent with this mission the Corporation will evaluate potential investments in debt, public and private equity and other securities. The deployment of funds to new investments will depend on both the attractiveness of new investment opportunities and the availability of capital as generated from the realization of value from existing portfolio investments.


Executive Leadership

Brian Carney

President and Chief Executive Officer

Neda Bizzotto

Vice President and Corporate Secretary

Shirley Sumsion

Chief Financial Officer

Board of Directors

Neda Bizzotto 1, 2

Neda graduated from the University of Toronto with a Bachelor of Arts in Criminology in 1998 and from the University of Windsor with an LLB in 2003. Neda was called to the Bar in Ontario in 2004. Neda has over 10 years of securities and corporate/commercial law experience gained as a member of the Investment Management Group of Borden Ladner Gervais, a national law firm. While at BLG, Neda’s practice focused in the area of investment management, securities regulatory and compliance laws and regulations. Prior to embarking on her legal career, Neda was a Senior Intelligence Analyst with the Forensic and Corporate Intelligence team at KPMG Canada. Neda joined Canso in 2015 and is currently General Counsel and Compliance Officer. Neda is responsible for providing securities legal, regulatory and compliance advice in connection with Canso and its registrant affiliates. Neda also provides general legal advice on corporate and commercial law matters affecting Canso and its affiliates.

Brenda Burns 1, 2

Brenda attended Mount Allison University, graduating with a Bachelor of Commerce (Accounting) in 1981. Brenda joined Canso in 2005 after working in small business and the non-profit sectors. She completed the Canadian Securities Course in 2007 and the Partners, Directors and Senior Officers Course in 2009. Brenda is Corporate Secretary and is responsible for Personnel and Corporate Operations for the Canso group of companies.

Brian Carney 2

Brian attended the University of Notre Dame graduating with a degree in Government and International Studies in 1990. Brian then joined the Credit Department of Goldman Sachs & Co. working in the firm’s New York, London and Toronto offices. In 1997 Brian moved to Merrill Lynch Canada Inc. and over the next 11 years held a variety of positions in Corporate Bond Research, High Yield and Corporate Bond Trading, Syndication and Proprietary Trading. In 2009 Brian earned his Canadian Investment Manager (CIM) designation and started Big Rock Capital Management Inc. an investment management firm focused on the high yield segment of the fixed income market. In 2012 Brian joined Canso as a member of the investment team where he is a Portfolio Manager and also contributes to client servicing and marketing.

John Carswell 2

John graduated from the Royal Military College with a Bachelor of Arts (Commerce) and served as an Air Force navigator. He then earned an MBA degree from Queen’s University (Dean’s List, Award in Finance) in 1985. John completed the Chartered Financial Analyst program and was awarded a CFA charter in 1988. He began his investment career at Mutual Life of Canada in 1985 where he was an Investment Analyst in the Private Placement and Corporate Debt area. He then moved to TAL Investment Counsel Ltd. in 1988 where he was Vice President, Fixed Income, responsible for credit analysis and specialty fixed income products. In 1992, John then moved to Foyston, Gordon & Payne, where he was the Partner responsible for fixed income and preferred shares. He founded Canso Investment Counsel Ltd. in 1997.

Tom Fernandes 1, 2

Tom graduated from York University with a Bachelor of Arts in 1979. He worked at Merrill Lynch Canada from 1974 to 2016, most recently holding the title of Director, Institutional Fixed Income Sales until his retirement.

Steve Klubi 1

Steve obtained his Aircraft Maintenance Diploma from BCVS/BCIT in 1976. He went on to earn his Pilot Accreditation from the Canadian Armed Forces in 1979 and his Airline Transport Pilot License from the Edmonton Flying Club in 1984. He worked as a Senior/Training Captain with Cathay Pacific Airways from 1990 to 2015. He is now retired.

Tony MacDougall 1

Tony MacDougall graduated from Royal Military College with a Bachelor of Science in Applied Science in 1978. He was a member of the Canadian Armed Forces from 1973 to 1994. From 1994 to 2017, Tony worked in investment planning as a self-employed advisor. Between 1997 to 2006, Tony earned numerous designations, including Fellow of the Canadian Securities Institute (FCSI), Canadian Investment Manager (CIM), Certified Financial Planner (CFP) and Charter Life Underwriter of Canada (CLU). He served as a trustee of the City of Cumberland Library Board and was Chair of the new Library Committee. Tony was also a director on the Royal Military Colleges Foundation as Chair of the Investment Advisory Committee.

Joe Morin 2

Joe graduated from the Royal Military College with a Bachelor of Arts (Honours Economics and Commerce) in 1986 and served as an officer in the Canadian Navy. He subsequently earned an MBA degree from the University of British Columbia in 1995. Joe has held various positions in private lending, credit management and credit research in the past number of years including Export Development Canada, Nortel Networks, and Standard & Poor’s. Prior to joining Canso, Joe was a Director of Corporate Debt Research at BMO Capital Markets responsible for covering the Canadian telecom, cable, media, retail, real estate and credit card ABS sectors. Joe joined Canso in May 2009 as Director of Investment Research and is responsible for coordinating all Canso investment research activities.

Shirley Sumsion 1, 2

Shirley graduated from Concordia University with a BA in Sociology and in 1997 received her Chartered Accountancy designation. She spent approximately three years in a national public accounting firm and then moved to a local public accounting firm in 1995 and for the past 10 years was a partner in that firm. Her focus there was mainly working alongside and advising private businesses in various industries under both IFRS and ASPE. Shirley joined Canso in July 2015 as Vice-President, Finance.

(1) Audit Committee Member
(2) Investment Committee Member


For more information visit

For stock quote information visit: - CSOC.A - CSOC.B


100 York Boulevard
Suite 550
Richmond Hill, Ontario
L4B 1J8