Canadian Western Trust opens Toronto office

    TORONTO, April 23 /CNW/ - Canadian Western Trust Company (CWT) today
announced the opening of a new office in Toronto to better service its clients
in Ontario and Atlantic Canada. The premise is shared with CWT's affiliate,
Valiant Trust Company, and is located at Suite 2950, 130 King Street West (The
Exchange Tower).
    CWT also announced today the appointment of Darcy Steep and Rick Wood as
Directors of Business Development (Ontario) for CWT's Individual Retirement
and Investment Services (IRIS) and Corporate & Group Services (CGS) divisions,
    Darcy Steep joins CWT's IRIS division with over 10 years of financial
services industry experience, most recently with one of Canada's oldest and
most broadly diversified wealth management companies.
    Rick Wood, CFP, joins CWT's CGS division from the private client services
segment of the industry and has worked with two of the largest trust companies
in Canada. He brings over 15 years of experience in creating and managing
client relationships.
    "Many of CWT's clients are small to medium-sized business owners and
independent financial advisors - a segment of the market that we feel is
underserved by Canada's larger trust companies," said Scott Scobie, General
Manager of CWT. "With the opening of this Toronto office, we are further
enhancing our commitment to provide clients with superior service, as well as
a more creative, solution oriented and forward-thinking approach of doing
business. Darcy and Rick complete a dynamic client servicing team for CWT in
this region."

    About Canadian Western Trust

    Based in Vancouver, British Columbia, Canadian Western Trust Company
(CWT) is a wholly owned subsidiary of Canadian Western Bank (TSX: CWB). CWT
offers self-directed registered accounts and investment account services to
independent financial advisors, mortgage brokers and individuals. CWT also
provides corporate and group services to corporations that offer employee
retirement and pension plans. Established in 1987, CWT currently administers
over $4 billion in assets. Refer to for more information.

For further information:

For further information: Scott Scobie, General Manager, Canadian Western
Trust, Phone: (604) 699-4858, Email:

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Canadian Western Trust

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