EXHIBIT 1 - INVESTMENT PORTFOLIO BY ISSUER AT MARCH 31, 2005
							Quarter-End Portfolio Balance (All Funds): $338.7m
			Investment		Portfolio at
			Policy Targets		Mar 31/05
	Government (Federal/Provincial)		>30%, no max		30%
	Government (Municipal)		max 30%		2%
	Schedule A Banks:
		Bank of Nova Scotia	max 25%		13%
		Bank of Montreal	max 25%		3%
		CIBC	max 25%		19%
		Manulife	max 25%		3%
		Royal Bank of Canada	max 25%		4%
		Toronto Dominion	max 25%		15%
	Schedule A Banks Total		max 65%		57%
	Schedule B Banks:
		Hong Kong Bank	max 15%		11%
	Schedule B Banks Total		max 25%		11%
					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.