NCC-AR-EN-DIgital-v3

CELEBRATING OUR CONSERVATION
HEROES
ANNUAL REPORT 2018–2019

2
ANNUAL REPORT 2018–2019
Table of Contents
03
04
05
07
08
12
16
20
24
26
27
28
29
30
34
35
39
Mission and Values
Letter from NCC’s Chair and President
Snapshot of Success
A Strong Partnership for Nature
Land: Urban Development Goes Green
Water: Keeping it in the Family
Wildlife: Leave it to the Birds
People: Home is Where the Heart Is
The Youth are Nature’s Future
Leaving a Legacy
A Landmark Year
Looking Ahead
Management Review of Financials
Summarized Financials
Board of Directors
Recognition List
Thank You

Vision
We envision a world in which Canadians conserve
nature in all its diversity and safeguard the lands
and waters that sustain life.
03
ANNUAL REPORT 2018–2019
Mission
The Nature Conservancy of Canada leads and inspires
others to join us in creating a legacy for future
generations by conserving important natural areas
and biological diversity across all regions of Canada.
Values
Wherever we work across Canada, we share and apply
the following values:
Durable conservation outcomes
While respecting nature’s processes, we manage lands and waters for their
natural values today and for the long term. We believe future generations
deserve to inherit a biologically rich world.
Evidence-based decision-making
We are guided by the best available conservation science. We are committed
to continuous learning, and to finding practical, resourceful and innovative
solutions to conservation challenges.
Respect for nature and people
We respect the needs, values and culture of local communities. We seek
conservation solutions that meet the needs of nature and people. Conservation
supports prosperous and sustainable communities.
Integrity first
We work to the highest ethical and professional standards. We are transparent
and accountable to our donors and partners. We earn trust by living up to
our commitments.
The conservation of Next Creek, in British Columbia, completed
the Darkwoods conservation project this past year.
Conservation through collaboration and cooperation
Our commitment to community, donors, partners, volunteers and staff
makes us strong. We strive to be open to the ideas of others so that together
we can achieve conservation outcomes that benefit all. We work in the
spirit of collaboration. We celebrate each other’s successes.

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ANNUAL REPORT 2018–2019
YOU ARE OUR
CONSERVATION HEROES
Dear friends,
Top: Bruce MacLellan
Bottom: John Lounds
One of the great joys in our work at the Nature Conservancy of Canada (NCC) is
the opportunity to meet Canadians of all ages and to speak with them about our
shared enthusiasm for our country’s natural landscapes. We often trade stories
about our favourite places or encounters with nature. And we are always amazed
by just how many people are passionate about making sure these places, and the
plants and animals they support, are protected for the future.
That passion is a powerful force. In fact, we know that it’s only because of
you, and people like you who support our mission — donors, volunteers, partners,
communities and governments at all levels — that we have helped to conserve
14 million hectares (35 million acres) across the country since 1962.
If you’ve been a supporter of NCC for some time, you may note this number
represents a significant boost in our tally of total lands conserved. But we didn’t
get there overnight. Every number of years, NCC takes stock of our achievements
to measure our conservation impact. This time we more fully accounted for the
lands we have directly acquired, conserved and currently steward, as well as the
broader impact of our work through partnership.
Your support has meant that the past several years have seen an unprecedented
increase in the pace of our work, particularly in large landscape projects that
are helping to create new protected areas in Canada’s North and oceans.
Your support inspires our staff, who are committed to working to fulfill your
vision for a natural Canada. When we work together to conserve Canada’s natural
places, the impacts are far-reaching and include:
• protecting Canadian species that are threatened globally;
• protecting and restoring streams, lakes and watersheds; and
• helping people and nature adapt to climate change.
This year alone, your support helped to conserve 224,073 hectares
(553,696 acres) on 55 properties right across the country. None of it would be
possible without you — our conservation heroes.
In this annual report, you’ll meet just a few of the many conservation heroes
who, like you, have helped us accomplish so much in the last year, through either
a gift of land or a donation to our Landmark Campaign. You drive us to do more,
better, and faster, to ensure a lasting legacy for generations to come.
Thank you for all you do to build Canada’s natural legacy.
Yours in nature,
John Lounds
Bruce MacLellan
Chair of the Board of Directors
John Lounds
President & CEO

SNAPSHOT
OF SUCCESS
The Nature Conservancy of Canada’s
on-the-ground work is led by a team of
conservation professionals who work to
identify, plan and execute the protection
of the best of Canada’s natural spaces
and manage and restore them for the
long term. This process ensures that our
conservation actions (like buying land,
removing invasive weeds or mapping
the location of rare species) are efficient
and effective.
The following is a snapshot of our
success and impact in the past year.
And in the pages that follow, you’ll
read stories of our conservation breakthroughs
on the land and water, as well
as with species at risk. You will also
learn about some of the conservation
heroes who helped make it possible.
1. Conservation
OUR CONSERVATION HEROES helped us secure 55 properties this year. This was fewer
than planned, but a number of the projects themselves, such as Next Creek in BC, were
larger than we anticipated. As a result, we surpassed our goal for land secured, conserving
224,073 hectares (553,696 acres).
We now maintain habitat for 34 per cent of Canada’s species at risk, thanks to the support
of our donors and partners (see p.19).
Areas conserved in 2018–2019
Province/
territory
# of
properties
Hectares
secured
Acres
secured
Land
value ($)*
British Columbia 2 217,548 537,573 18,000,001
Alberta 5 1,503 3,713 6,556,000
Saskatchewan 3 1,670 4,128 866,000
Manitoba 4 176 436 326,000
Ontario 18 1,388 3,429 6,279,500
Quebec 10 1,052 2,598 2,730,978
New Brunswick 3 211 521 442,500
Prince Edward Island 2 127 313 243,500
209,666 HA
The size of NCC’s
Glass Sponge Reef project,
completed in 2018-19, off the
coast of British Columbia.
Nova Scotia 6 300 741 3,326,040
Newfoundland
and Labrador
Northwest
Territories
1 98 243 2,205,000
1 1 2 430,000
Grand Total 55 224,073 553,696 41,405,519
*Land value is the fair market value as determined by independent appraisal.

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ANNUAL REPORT 2018–2019
5. Investment
THE LANDMARK CAMPAIGN was introduced to the public at a media event in
Toronto in September 2018. NCC staff, partners and supporters joined a number
of distinguished Canadians – including Olympic rower Adam van Koeverden and
television personality Cheryl Hickey – to announce our largest ever campaign to
raise funds for conservation (see p. 27).
We inspired more Canadians to support our cause, including 134 new Nature Legacy
Society members who planned a gift to NCC in their Wills or estate plans (see p. 26).
NCC had over 36,000 donors from the private sector this past fiscal year (individuals,
foundations, corporations and organizations).
We continued to be prudent with our gifts (78 per cent of our revenue is invested
in land, programs and endowments on a five-year average), while making strategic
investments to grow our fundraising capacity and technology (see p. 29).
2. Science
DR. RYAN NORRIS was appointed as the
Weston Family senior scientist in spring 2019.
He will advance original research and develop
and lead the new Weston Family Conservation
Science Fellows Program, which will support
conservation leaders of the future. The program
will offer hands-on opportunities to graduate
students who are studying species at risk,
invasive species or effective conservation.
3. Engagement
CLOSE TO 3,230 VOLUNTEERS joined
us at 234 Conservation Volunteers events
from coast to coast. We also held seven
NatureTalks events in Vancouver, Calgary,
Regina, Winnipeg, Toronto, Montreal and
Halifax, as well as 10 regional NatureTalks.
4. Partnerships
AFTER MORE THAN a decade of significant
conservation accomplishments, our partnership
with the Government of Canada was
renewed in spring 2019 as the Natural Heritage
Conservation Program (see p.7).
NCC introduced the Indigenous Engagement
Framework, after significant consideration
and consultation. The framework will guide
our work with Indigenous communities
and individuals.

A STRONG PARTNERSHIP FOR NATURE
Working together with the Government of Canada, Ducks Unlimited Canada and local land trusts
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ANNUAL REPORT 2018–2019
This fiscal year we closed the book on the Natural
Areas Conservation Program (NACP). For 12 years
the unique public-private partnership was a model
of environmental leadership.
The Government of Canada‘s NACP investment of
$345 million was matched 2:1 in non–federal funds, for a total
conservation outcome of over $1 billion. The NACP allowed
the Nature Conservancy of Canada (NCC) and its partners,
Ducks Unlimited Canada (DUC) and local land trusts, to
conserve more than 550,000 hectares (1.3 million acres) across
the country – an area almost as big as Banff National Park.
Though NACP funds expired in spring 2019, the program’s
momentum will not be lost. When the federal government
sought proposals for a new $100-million conservation
initiative, NCC and partners applied and were successful. We
will oversee the new Natural Heritage Conservation Program
(NHCP), working closely with partners DUC, the Canadian
Land Trust Working Group and Wildlife Habitat Canada.
We look forward to an exciting four-year program,
through which we will conserve and care for an additional
200,000 hectares (more than 490,000 acres), contributing
directly to Canada’s commitment to conserve at least
17 per cent of our terrestrial and freshwater habitat.
NACP program achievements since 2007
The NHCP places a focus on protecting habitat for the
recovery of species listed under the Species at Risk Act.
The new program will also advance collaboration for
conservation. It will support partnerships with Indigenous
communities for conservation planning, stewardship and
securement. It will also help to develop capacity within
Canada’s land trust movement.
As with the NACP, the match requirement is again 2:1. The
NHCP partners are ready to work with Canadians to raise
and invest an additional $200 million of non-federal funding
to ensure the program’s success.
• SUPPORTED THE CONSERVATION of more than 550,000
hectares (1.3 million acres);
• PROTECTED HABITAT FOR 29 per cent of COSEWIC-assessed
species at risk*;
• PROTECTED NATURAL AREAS within 100 kilometres of
93 per cent of Canadians;
• CREATED NATURAL CONNECTIONS: 80 per cent of
NACP-conserved properties are within two kilometres of
other protected areas; and
• CONNECTED MORE CANADIANS than ever before with
our country’s rich natural habitats and species.
*Species at risk includes COSEWIC-assessed and SARA-listed (Schedule 1) taxa designated
as endangered, threatened or special concern. COSEWIC - Committee on the Status of
Endangered Wildlife in Canada. SARA - Species at Risk Act.
Since 1962, working with our partners and supporters, we have
helped conserve 14M hectares (35M acres), more than 20x the
size of Banff National Park (6,641 square kilometres)

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ANNUAL REPORT 2018–2019
Land
URBAN DEVELOPMENT GOES
GREEN

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ANNUAL REPORT 2018–2019
In a choice between nature and
development, Allan Shaw chose
to go green.
Surprisingly
Allan Shaw and the
Shaw Group are helping
connect Halifax
residents with a new
urban wilderness area.
close to downtown Halifax, there is wild land.
From a high point, surrounded by rocky barrens
and the peace of the forest, the city’s tallest
buildings are in view. The Nature Conservancy of
Canada (NCC) has been working to conserve this
natural oasis, soon to be called the Shaw Wilderness
Park. The 154-hectare (380-acre) proposed
park marries nature conservation with naturebased
recreation. The project is happening thanks
to the many citizens of Halifax who are passionate
to explore, and ultimately protect, this land.
Allan Shaw is one of them.
Allan is the chairman of the Shaw Group
Ltd., the company that owned this land.
Together with NCC and the Halifax Regional
Municipality, the project will conserve forest
around Williams Lake and Colpitt Lake, within
the Purcell’s Cove Backlands.
“We originally bought the land here for
development,” explains Allan. “We found out
that the citizens of Halifax really wanted to
see this area protected, then NCC came to see
us. They asked if we would be willing to sell
the land to them, and I said, ‘We’ll talk.’”

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ANNUAL REPORT 2018–2019
NCC staff knew that in order to make
it happen, they would have to show Allan
and the Shaw Group Ltd. a different side
of nature. After the initial meeting, Allan
knew he had the opportunity to help create
a place of solace for the public.
“Craig Smith (NCC’s Nova Scotia program
director) came in with a video showing our
land in a way we’d never seen it before. It
blew us away. It reminded me of when I was
12 or 13 years old and would walk over these
lands. It reminded me why it was so important
that they be protected.”
From that moment on, it was an easy
decision for Allan and the Shaw Group. They
would sell the land to NCC to ensure it is
protected for the long term. However, the
price for land smack dab in the middle of one
of Canada’s major cities doesn’t come cheap,
and NCC needed help getting the funds
together. Enter the city of Halifax.
“The citizens have been heard loud and
clear,” says Allan. “The city wanted to see
this place as a green space.”
“NCC showed us our land in a new light. It reminded
me why it was so important it be protected”
Clockwise from top: The proposed Shaw Wilderness
Park, Sisters of Mercy, Joan Feather, Freshwater Bay
Newfoundland, Hole in the Wall Saskatchewan
So did the provincial government.
Last fall, NCC announced its Keep Halifax
Wild campaign to support the creation of
the Shaw Wilderness Park in Halifax. As part
of NCC’s fundraising campaign launch on
September 20, 2018, the Province of Nova
Scotia announced it would contribute $1 million
toward the creation of the wilderness park.
The future park will be twice the size of
Halifax’s Point Pleasant Park. It will protect
wildlife habitat and an ecologically significant
native landscape called jack pine broom
crowberry barren, while providing a wilderness
experience in the city.
In the meantime, Allan reminisces about
his past on the land while remaining hopeful
that it will eventually become a place for
people to make their own memories.
“Do you know what’s fabulous about nature
and exploring the outdoors?,” he asks. “It’s
peaceful, but not quiet. You can hear the wind,
you can see the trees move in the breeze, you
hear your footsteps as you’re walking. But while
you’re out here you can think and contemplate.
You have the chance to be quiet.”

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Community-led conservation
ON THE HIKING ROUTE to Cape Spear, one of Canada’s
most iconic landmarks, you’ll find NCC’s newest nature
reserve in Newfoundland and Labrador. The 98-hectare
(243-acre) reserve protects forest and undeveloped coastline
in Freshwater Bay, just minutes from St John’s. The
Freshwater Bay conservation project was completed with
the help of many donors new to NCC, including the Sisters
of Mercy of Newfoundland.
ANNUAL REPORT 2018–2019
“We are pleased to become part of the network of members
of the St. John’s community, led by NCC, to conserve and
steward this land,” says Sister Elizabeth Davis. “In so doing,
we are becoming more accountable for doing what is right
and good for the protection of the Earth. We extend deep
gratitude to the Nature Conservancy of Canada for giving
us the privilege of participating in this endeavour.”
Freshwater Bay is a popular destination for nature
lovers. The property is located along the East Coast Trail;
a spectacular, internationally renowned, 300-kilometre
hiking trail. The Freshwater Bay Nature Reserve is NCC’s
eleventh on the island of Newfoundland. It provides
an important land buffer for nearby seabird colonies of
black-legged kittiwakes, black guillemots, herring gulls
and great black-backed gulls.
FINDING FOOTING ON CANADA’S GRASSLANDS
Joan Feather is a hero for grasslands in Saskatchewan.
“Native grasslands in Saskatchewan are so important to
me because they appeal to my head and to my heart,” she
says. “I roamed the grassland hills as a child, left that all
behind for many years, and returned only to discover that
my heart and soul are intimately bound to these places.”
Grasslands provide habitat for pollinators, control
flooding and protect the quality and security of drinking
water for people living in Canada’s Prairie provinces.
The diversity of habitat that grasslands provide has not
gone unnoticed by Joan, who recognizes that in order to
provide a future for these species, we need to ensure
grasslands are protected.
“My head knows that they are rich in biodiversity and
amazingly resilient. They provide vital ecological services,
and they are an essential part of our rural economy and
heritage,” she explains. “The Nature Conservancy of
Canada provides an opportunity for me to put my money
where my heart is, to help conserve these places where
my heart sings.”
Joan Feather is a shining example of thousands of NCC
donors who support our work from coast to coast to coast.
Total area saved in 2018-2019
Forest
10,944
hectares
(by habitat type)
Grassland
1,987
hectares
Marine
209,724
hectares

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ANNUAL REPORT 2018–2019
Water
KEEPING IT IN THE
FAMILY

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ANNUAL REPORT 2018–2019
Bob Mickelson’s family could think of no
better way to honour his memory than by
protecting an area important to him.
If
The Mickelson family’s partnership
with NCC commemorates their
presence in the Roblin area for
more than a century.
you ask Jim Mickelson
about his late brother, Bob, he will tell you about
Bob’s lifelong love for animals — specifically for
his horses. Growing up on one farm, Bob was
able to spend his childhood exploring the
outdoors. In fact, all of the Mickelson family in
the area would gather together to enjoy the
Shell River Valley.
“Looking back, I am so thankful for the
opportunity we had as kids to be outside so
much,” he reflects. “We would explore different
parts of the valley and would have big family
barbeques by the water.”
Winters were spent cross-country skiing
through the same valleys. In the summers,
Bob, 15 years Jim’s senior and a former rodeo
cowboy, would take to the valley on horseback.
“He would spend many hours riding horses
through the area,” recalls Jim. “A lot of his
favourite spots in nature were in the Shell
River Valley.”

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ANNUAL REPORT 2018–2019
Bob lived in Roblin and near the valley for
his entire life, developing a deeply rooted
passion for the area; so much so, that he ended
up purchasing part of the lands here in 1980.
When Bob died suddenly in his early 60s,
his family could think of no way better to
honour his life — one surrounded by nature
— than by ensuring the place he loved was
protected for the long term.
“The entire family got together after Bob’s
death and decided unanimously that ensuring
the perpetual conservation of this land through
a partnership with the Nature Conservancy
of Canada was the best way to commemorate
him. The love he had for nature was the
defining feature of his life, and this area is a
microcosm of everything Bob loved about it.”
This past summer, close to 40 members
of the Mickelson family from five provinces
gathered approximately 25 kilometres southeast
of Roblin in the Riding Mountain area.
Together, they unveiled what is now known
as the Bob Mickelson Conservation Lands.
“We wanted to celebrate Bob’s life as well as
create a legacy that would commemorate our
family’s presence in the Roblin community for
more than a century,” says Jim. “Bob was an
“I hope my family’s donation of land will prompt others
to think of maintaining the natural environment.”
important part of our family, and the donation
celebrates both the ties we have to each other
as family and our relationship to the area.”
Jim hopes that this partnership will inspire
other landowners in Manitoba to ensure the
future of landscapes, especially the province’s
wetlands, by conserving them for the long term.
“One of the things I hope come from my
family’s partnership for conservation is that
it will prompt others to think of the value of
maintaining the wetlands and the natural
environment that’s around them.”
“My brother had a love for all animals,” Jim
says, as he reflects fondly on Bob’s life. “We
could think of no better way to honour his
memory than protecting an area important
to him and the species that rely on it.”
Bob Mickelson and his family are true
conservation heroes.
Clockwise: Wetland on the Bob Mickelson Conservation Lands,
MacPhee family, Glass sponge reef, Kingsboro property, Bob Mickelson
Wetlands & coast protected
Wetlands
218
hectares
Inland waters
81
hectares
Shoreline length
Rivers/streams
225
kilometres
Lakes/ponds
35
kilometres
Marine
234,084
hectares
Great Lakes
7
kilometres
Marine
5
kilometres

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PROTECTING PEI’S WETLANDS
East of Charlottetown, near Kingsboro, PEI, is a large wetland
surrounded by a forest of tall, mature yellow birch and sugar maple.
The wetland here is home to several species at risk. Considering
that only five per cent of PEI’s land base is currently classified as
wetland, the protection of these areas is critical.
The conservation of this area was made possible by the MacPhee
family, through a donation to NCC’s Landmark Campaign. The
Landmark Campaign is the most ambitious fundraising effort in NCC’s
history. Our goal is to raise $750 million to conserve more land faster,
connect more Canadians to nature and inspire the next generation of
conservation leaders.
We are grateful to Canadians like the MacPhee family and their
vision of a natural Canada.
ANNUAL REPORT 2018–2019
Glass Sponge Reef
THANKS TO A UNIQUE COLLABORATION between NCC
and Shell Canada, rare glass sponge reefs off the BC coast are
now fully protected. Although the reefs had a protected designation
previously, some industrial activity, including resource
exploration and extraction, was still a possibility.
In September 2018, Shell donated a number of exploration
permits to NCC. NCC held onto the permits until new Government
of Canada provisions came into place that banned
four types of industrial activity in all Marine Protected Areas.
NCC surrendered the permits to the federal government. The
area is now well and truly protected.
Scientists once believed the rare reefs had died off 40 million
years ago, until they were discovered in 1987. Glass sponge
reefs are slow-growing and extremely fragile. They are particularly
vulnerable to damage from human activities, such
as trawling or anchorage. The reefs also provide important
habitat for many marine animals, including prawns, rockfish,
herrings and sharks. They provide a link between the deeper
marine environments and habitat closer to the surface, while
the sponges play an important role in processing marine
carbon and nitrogen.

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ANNUAL REPORT 2018–2019
Wildlife
LEAVE IT TO THE
BIRDS

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ANNUAL REPORT 2018–2019
Marjorie Cameron’s lifelong passion
for the Canadian Prairies is helping
ensure a future for greater sage-grouse.
For
A portion of Marjorie
Cameron’s gift has
been allotted to NCC’s
greater sage-grouse
recovery program.
Marjorie Cameron, the Prairies
are a place of wonder. The views are long, the
colours are subtle. The skies can be breathtaking.
Unfortunately, little remains of the original,
complex prairie environment. Marjorie says
she has been privileged to explore some of
these fragments of prairie on the Nature
Conservancy of Canada’s (NCC’s) partnership
projects at the Sandstone Ranch and the
Waldron in Alberta, and Old Man on His Back
in Saskatchewan.
“Our pasture was unbroken shortgrass
prairie in the Eagle Creek valley, in Saskatchewan.
It was about a mile away from our
house and was a favourite place for us children
to explore,” recalls Marjorie. “There was
always something to see: saskatoon bushes in
sheltered areas, meadowlarks and hawks, wild
roses, lichen-covered rocks and cacti. Every
footstep released scents of sage and dry grass.
The smell of sage never fails to bring back
memories of that special place.”

18
ANNUAL REPORT 2018–2019
But the prairies Marjorie grew up on have
changed and, unfortunately, have diminished.
More than 70 per cent of Canada’s prairie grasslands
have been converted to crops, cities and
roads. As the habitat shrinks, so do populations
of the wildlife that rely on it. The endangerment
of grassland habitat in Canada has cascaded
into the endangerment of many grassland
species, including greater sage-grouse.
Marjorie has supported numerous conservation
projects facilitated by NCC to protect
grasslands in Canada. It is important to her
that these areas are protected.
“Vast areas of grassland have been lost
already and climate change is affecting what
remains,” she says. “Biodiversity is increasingly
under threat. Future generations deserve
the opportunity to experience the beauty and
complexity of the areas that remain.”
“I want people to visit NCC’s projects to see that
it is possible and essential to protect the lands.”
Part of Marjorie’s gift has been allotted to
NCC’s greater sage-grouse recovery program.
In partnership with the Calgary Zoo, this fiveyear
program aims to restore the historic populations
of the species within two protected
locations, one of which is owned by NCC.
“The species that adapted to the grasslands
can only survive if they have access to
the habitat they require,” says Marjorie as she
reflects on the program.
With the help of Marjorie’s gift, NCC purchased
grassland property last year to provide a suitable
environment in which to release sage-grouse.
By supporting habitat protection, Marjorie
is doing her part to care for the Canadian
landscape she has loved her entire life.
“We have an opportunity to protect some
fragile and beautiful areas,” she says. “Without
our help, they will be lost forever.”
It is her hope that as others go out and
explore nature, they feel the same way she
does when the long prairie grasses skim her
pant legs.
“I want people to visit NCC’s projects to
see that it is possible and essential to protect
the lands.”
Canadians like Marjorie, and their passion for
our country’s natural landscapes, are building
a natural legacy for today and for tomorrow.
A small
but mighty
conservation
win
IN SUMMER 2018, the Assiniboine Park Conservancy’s
Conservation and Research Department successfully released
six captive-reared Poweshiek skipperling butterflies on NCC
land in the Tall Grass Prairie Natural Area in southeastern Manitoba.
The release is part of a multi-year, collaborative research
and conservation effort to save this endangered species.
Recent estimates suggest that there may be fewer than
200 Poweshiek skipperlings remaining in Canada, making the
addition of six individuals in NCC’s protected area significant.
The release marks the first-ever release of captive-reared
Poweshiek skipperlings.
NCC supporters are protecting the high-quality tall grass
prairie that the butterflies depend upon to survive.

19
CONNECTING WILDLIFE AND LAND
Midway between Ottawa and Montreal is an unspoiled, 7,000-hectare (18,000-acre)
corridor of land, rich in hardwoods, including black maple. The corridor provides habitat
for 24 imperiled species of plants, birds and mammals. Protected by NCC since 2013,
the Kenauk project is a critical step in NCC’s plan to maintain a wildlife corridor that
stretches north from the Ottawa River to the Laurentian Mountains.
In the heart of this place, a unique lake spanning over 1,300 hectares (3,212 acres),
and reaching 85 metres in depth, is home to a healthy lake trout population. The lake is
also the site of many family cottages — including that of Tim Hartley and his wife, Wendy,
who first met on the lake.
Tim is a leader in his community. He co-chairs the cottage owners association and has
been encouraging local cottagers, municipalities and associations to ensure the long-term
protection of the lake’s natural values. Tim made a significant contribution to NCC to
protect land in the Kenauk area, and has invited other cottagers to do the same.
The support of Tim and other donors has supported NCC’s collaborations with scientists
and the surrounding landowners to better understand and protect the biodiversity of
this unique landscape. NCC’s annual biodiversity survey confirms the presence of numerous
rare species, including four-toed salamander, one of Quebec’s largest colonies of the
showy orchid, and the ghostly, chlorophyll-free American cancer-root plant.
ANNUAL REPORT 2018–2019
Clockwise from top:
Greater sage-grouse,
Poweshiek skipperling,
butterfly release
Protecting Canada’s species at risk*
Species
group
# of species at risk
found on NCCowned
properties
Total # of
species at risk
in Canada
Amphibians
Birds
Clams, snails &
other molluscs
Fishes
(fresh water)
Insects & spiders
Lichens
Mammals
(terrestrial)
Mosses
Reptiles
Vascular plants
15
58
8
11
12
7
21
2
30
59
27
89
38
107
68
23
44
19
43
204
*Species at risk includes COSEWIC-assessed and SARA-listed (Schedule 1) taxa designated as
endangered, threatened or special concern. COSEWIC - Committee on the Status of Endangered
Wildlife in Canada. SARA - Species at Risk Act.

20
ANNUAL REPORT 2018–2019
People
HOME IS WHERE THE
HEART
Lynda Griffiths’ love
of nature grew out of
childhood time spent
fishing with her father.

21
ANNUAL REPORT 2018–2019
IS
Lynda Griffiths is doing her part to
protect the place where she grew up.
There’s
a special place in southeastern
British Columbia where snow-covered mountains
nurture a vast expanse of protected inland
temperate rainforest, creating a safe haven for
wildlife great and small. Rising from the clear
waters of Kootenay Lake to the bare alpine peaks
of the South Selkirk Mountains, the Darkwoods
Conservation Area anchors the Nature Conservancy
of Canada’s (NCC’s) work in the West
Kootenay region. But up until recently, there was
something missing from this globally significant
conservation area.

22
ANNUAL REPORT 2018–2019
The Next Creek watershed sits in the
heart of Darkwoods and was not included in
the original boundaries of the conservation
area. Now, thanks to the support of a broad
range of funders, including a gift from Lynda
Griffiths, NCC has added the Next Creek lands
to Darkwoods, expanding the property by
7,900 hectares (19,500 acres).
This area holds a special place in Lynda’s
heart, as she grew up half a province away
in Vancouver.
“My partner and I spend every moment
we can in nature,” says Lynda. “Our love of the
outdoors is what first brought us together.”
Lynda’s first gift to NCC was in 2008 — the
same year NCC conserved Darkwoods. She
has been a supporter ever since.
“In Canada, we are just so fortunate for
these wild spaces, and I feel it is absolutely
critical to preserve them. There’s so much
nature here that is still in its wild state.”
“I like to live my life with hope, and recognize the fact
that Darkwoods exists today is a testament to that.”
Clockwise from top: Next Creek, Riverside
Ranch, Sandra Crabtree and Gerald MacGarvie,
Mark and Berny Zoratti, Next Creek
Her donations have, for the most part,
been in support of conservation work in her
home province.
“I went to a NatureTalks event in Vancouver
where I first heard about the Next Creek
project and its importance as a corridor for
wildlife. Right then and there, I knew I was in.”
Lynda is passionate about connecting
people with nature and supporting natural
areas Canadians can explore.
“I think people who spend more time in
nature are more likely to protect it. The only
way to engage people, especially young people,
in conservation and inspire them to do their
part is by taking them to the natural places
we have left.”
Lynda and her partner are now retired
and spend most of their time in and around
the wild places they are working to protect.
Her passion for nature may stem from
afternoons fishing for salmon as a child, but
has blossomed into a dedication to protecting
the areas she has known her entire life.
“I like to live my life with hope, and recognize
the fact that Darkwoods exists today is a
testament to that. I hope to inspire others to
give to conservation and to spread the importance
of preserving these places for the future.”

23
KEEPING CONSERVATION IN THE FAMILY
In celebration of World Wetlands Day 2019, NCC joined members of the Zoratti
family to celebrate their conservation of Riverside Ranch, a 1,600-hectare
(3,950-acre) ranch along the Castle River in the foothills of southwest Alberta.
Riverside Ranch was established in 1914 after Peter Zoratti immigrated
to Canada from Coderno, Italy, and purchased a property near Beaver Mines.
It has stayed in the family ever since.
“Every generation in my family had a hand in expanding and improving
Riverside Ranch,” says landowner Berny Zoratti, the grandson of Peter
Zoratti. “I saw the need to protect our heritage and preserve the ranch that
our past generations developed and that our future generations will inherit.
Partnering with NCC will do that: preserve our ranch, the natural landscape
and our grasslands.”
The family and NCC have entered into a conservation agreement that
restricts recreational development on the property, ensuring the land
is protected. The family will continue operating the cattle ranch while
maintaining the landscape and the Castle River in a natural, healthy and
un-fragmented state.
NCC is grateful to Canadians such as the Zoratti family who have cared
for our country’s precious natural areas for generations.
Over 22 million Canadians
(22,892,556)
live within 100 kilometres
of one of the properties
we protected in 2018-2019.
ANNUAL REPORT 2018–2019
A well-rooted foundation
THE CRABTREE FOUNDATION, now based in Ottawa, is a
private family foundation with roots in New Brunswick. Foundation
president, Sandra Crabtree, and her husband, Gerald
MacGarvie, met while studying at Mount Allison University.
While the couple now calls a different province home, their
passion for protecting the place where they met remains.
“Our family is delighted to support NCC’s many projects
in New Brunswick. The natural heritage of this province is
extraordinary, and it is deeply satisfying to help make a difference
for the conservation of wildlife habitat and biodiversity
here,” says Sandra. “This part of the world is very special to my
husband and I and our children and grandchildren.”
The Crabtree Foundation has provided more than $1 million
in financial support critical to the completion of some of NCC’s
key projects in New Brunswick, ranging from the Acadian Peninsula
to Grand Manan, and from the Miramichi watershed to
the Johnson’s Mills Shorebird Reserve and Interpretive Centre.
Thanks to the Crabtree Foundation, NCC has been able to
respond to urgent opportunities and protect ecologically
important land throughout New Brunswick. Funding from the
Crabtree Foundation has supported the conservation of 3,000
hectares (more than 7,400 acres), including the full protection
of the Grand Manan Migratory Bird Sanctuary.

24
ANNUAL REPORT 2018–2019
THE YOUTH ARE NATURE’S
UTURE
With a legacy gift honouring their mother’s wishes,
Glen Estill and his brothers are bringing youth like
Lauren Moretto closer to nature
Lauren Moretto’s internship
complements her
master’s research on bat
habitat management.

25
Glen
ANNUAL REPORT 2018–2019
Estill remembers his mother’s wisdom
fondly, including her belief that ensuring a future for
nature meant supporting its future caretakers.
He describes playing with his three brothers along
the rocky sand beaches in Grundy Provincial Park in
Ontario, as the waves from Lake Huron lapped onto the
shore. It was a favourite spot of the Estill family.
“It was one of the first places my parents took us
camping. I remember the granite and the loons,” he recalls.
“We went all over the place when I was growing up. We did
a lot of hiking around lakes and up mountains.”
Glen’s intimate relationship with nature and his passion
for protecting it began on these campgrounds and were
fostered by his late mother, Ann.
For the last 15 years, Glen has lived in Lion’s Head, on
the Saugeen Bruce Peninsula. This is an area Ann and her
family came to know well after she and her husband, Don,
came to Canada.
“It was always taught to me that nature needs to be
protected and that in order to survive, we need a lot of it,”
explains Glen.
Throughout her life, Ann was passionate about the future
of Canada’s landscapes and supporting the work that goes
into protecting them. She was instrumental in helping with
some of the Nature Conservancy of Canada’s (NCC’s)
conservation efforts on Manitoulin Island. Ann also invested
in future conservationists through NCC’s Conservation
Internship Program.
“She was a former [United Church] Minister and had a
lot of experience working with youth groups,” recalls Glen.
“So when the opportunity came to support youth and
nature, she jumped at it.”
Ann supported both the 2017 and 2018 intern programs
and intended on donating to the 2019 program when she
passed away. Before her death, she met several of the interns
she helped fund. She always commented on how inspiring it
was to talk to such bright, enthusiastic and committed young
people working toward a career in conservation. Honouring
their mother’s wishes, Glen and his brothers have worked
with NCC to fulfill her intent and carry out her legacy.
“The intern program brings together youth with a deep
understanding and passion for nature conservation. It is
my hope that, through this program, the interns will gain
the experience they need to help conserve Canada’s
landscapes. I also hope that mom’s gift will help to inspire
others to support this program too,” says Glen.
Lauren Moretto and Glen Estill
IN THE LAST YEAR, NCC provided work experience for
86 young conservation professionals, thanks to support
from the Government of Canada under the Green Jobs
Initiative. Learn more at www.conservationinterns.ca.
Lauren Moretto’s internship out of Central Ontario
West, specifically at NCC’s Happy Valley Forest, this
summer was made possible by Ann’s gift to NCC.
“This internship is providing me with practical experience
for habitat management for wildlife in a rapidly
urbanizing area, and thus complements my master’s
research on landscape level management of natural bat
habitat in urban environments,” Lauren says. “Each day,
I’m contributing to the protection of significant habitat
within the Happy Valley Forest, through invasive species
removal, species monitoring and outreach.”
Through her gift to NCC’s internship program, Ann
made it evident how much she cared for the future leaders
of conservation. Her generosity toward protecting natural
places in Canada and fostering greater educational
opportunities for youth has made a permanent impact on
the future of conservation.
“I feel that I’m developing a bigger picture approach to
addressing conservation in urban areas, which is critical
for effective conservation,” Lauren states. “This internship
is providing me with experience on important aspects of
conservation. I believe that I can use these skills to design
and implement effective strategies for conservation.”
The generous support of donors like Ann Estill and
her family is an investment in the next generation of
Canada’s conservation leaders.
“I was fortunate enough to meet Glen on the Bruce
Peninsula,” says Lauren. “He is a very soft-spoken, kind
individual and is passionate about sustainability and green
living. I told him how much his family’s contributions
meant to me for my future.
“Throughout my career, I want to work toward effectively
balancing the sustainable growth of cities with environmental
protection. My time with NCC developing this ’big picture’
approach will help me achieve this.”

26
ANNUAL REPORT 2018–2019
LEAVING A LEGACY
Marianne Girling’s passion for nature and philanthropy
lives on through a generous gift in her Will.
Deep in the heart of Essex County in Ontario is a property
bustling with rare wetlands and meadows teeming with
wildlife. The 41 hectares (102 acres) here are nestled just
northeast of the community of Harrow, where the land
meets the water along Cedar Creek.
Born and raised in Windsor, Ontario, the late Marianne
Featherstonhaugh Girling grew up exploring the fields
and waters of Essex County. Her passion for philanthropy
was inherited from her mother, who taught her the
importance of giving back and doing your part. During her
life, Marianne spent decades as a professional volunteer
— in her church, hospital and grassroots community
organizations.
And it was her father, Murray, to whom she attributed
her spirit of adventure and passion for nature. He instilled
in her a lifelong love of the Lake of Bays, where she would
spend summers paddling and swimming near the family
cottage in Muskoka.
Her commitment to helping protect precious areas
was something she would pass on to her children and
grandchildren, whom she would take out into nature
every chance she could.
“When you grow up with a strong role model as a mother,
a love for nature becomes part of who you are,” says Karen
Girling, Marianne’s daughter.
Marianne’s legacy gift to the Nature Conservancy of
Canada (NCC) reflects her love for the region where she
grew up. A new conservation property, which serves as
important habitat to numerous species, has been named
in her honour. The Marianne Girling Nature Reserve was
made possible by a generous gift in her Will.
“She would be so happy to know that people can walk
through the land she helped to protect, exploring nature
in the same ways she did growing up.”
Marianne’s lifelong love of nature and her commitment
to community inspired her to leave a donation to NCC to
support habitat conservation in Ontario. Her gift has gone
toward protecting a part of a Provincially Significant
Wetland that is home to species designated under the
Species at Risk Act, such as barn swallow, eastern
foxsnake, monarch, short-eared owl and yellow-breasted
chat. Conserving this land means adding to an important
connected stretch of habitat along Cedar Creek that
includes Marshfield Woods, a large forest and Area of
Natural and Scientific Interest.
The land here is now linked to Marianne’s identity. Her
gift is ensuring that her memory and passion for nature live
on and inspire others to protect nature for the future.
“She walked the talk. Whether she was swinging an
axe at the cottage or outside jogging, she always wanted
people to have the same opportunities she had growing
up exploring nature.”
Marianne’s gift has contributed to the Landmark
Campaign, the most ambitious fundraising initiative in
NCC’s 57-year history. One of the goals of the Landmark
Campaign is to inspire future generations to extend our
legacy and lead more conservation efforts in communities
across the country, something Marianne was passionate
about throughout her life.
“I hope that her donation will trigger in people’s minds
to do what they can to conserve land,” says Karen. “I would
love to see people think about the future of the land and
how to conserve it in perpetuity to honour Canada’s
natural heritage.”
FIND OUT HOW YOU CAN LEAVE YOUR LEGACY:
www.natureconservancy.ca/legacy.
Marianne Girling
passed on her
love of nature to
her children and
grandchildren.

27
A LANDMARK YEAR
Together with support from donors, we are working to CONSERVE more land faster,
CONNECT more Canadians to nature and INSPIRE the next generation of conservation leaders.
ANNUAL REPORT 2018–2019
2018-19 was literally a landmark year for the Nature
Conservancy of Canada (NCC). On September 27, 2018, we
publicly announced our $750-million Landmark Campaign,
the largest conservation fundraising campaign in our
country’s history. With generous support from donors
coast to coast to coast, together we are making steady
progress toward our goals to CONSERVE more land faster,
CONNECT more Canadians to nature and INSPIRE the
next generation of conservation leaders.
Thanks to donors and supporters like you, we are
significantly increasing the amount of lands and waters
protected by NCC and creating more opportunities for
Canadians to get outdoors and experience nature first-hand.
Together, we are inspiring people of all ages to take up the
torch and lead conservation efforts in communities across
the country.
To date, you have helped us raise over 80 per cent of our
goal. Our many successes to date would not be possible
without the support of individuals like you. As we prepare
for the successful completion of the Landmark Campaign,
thank you for joining us in protecting our lands and waters
for future generations of Canadians.
LEARN MORE: www.leaveyourlandmark.ca.

28
ANNUAL REPORT 2018–2019
Looking
ahead
Here’s what we are planning
for the future:
• Rally Canadians to help us meet the final
20 per cent of our $750-million Landmark
Campaign goal.
• Develop a new strategic plan to guide
NCC from 2021 and onward.
• Launch the Natural Heritage
Conservation Program, our new
public-private partnership.
• Host a national conference to advance
new approaches to finance conservation.
• Build capacity to support Indigenous
leadership to further Indigenous
Protected and Conserved Areas.
• Enhance services for a growing French
supporter base.
• Launch an employee communications program.
• Continue to invest in new technology to help
update systems to support land information
and donor relationship management.
• Continue to connect more Canadians to
nature through NatureTalks, Nature Score
and Conservation Volunteers opportunities.
• Inspire more Canadians to consider leaving
a gift to NCC in their Will.

29
MANAGEMENT REVIEW OF FINANCIALS
As we closed this fiscal year, we were pleased to report a number of positive outcomes. In addition to conserving
a significant number of hectares, NCC invested in fundraising capacity and technology.
ANNUAL REPORT 2018–2019
REVENUES
Overall revenues were $89.0 million with an additional
$6.2 million in restricted endowment contributions. These
revenue results were higher than budget as the organization
was able to be opportunistic in securing a significant new
property — Next Creek in BC — with funding commitments
from public sources that exceeded expectations. The sale of
carbon offsets is now established as a significant revenue
source and we continue to experience positive results from
the commitment to invest into our fundraising team and
donor support infrastructure.
9%
Other
10%
Corporations
15%
Foundations
& Organizations
41%
Government
EXPENSES
Total expenses were $89.6 million, being higher than budget
given the costs to complete opportunistic property acquisitions.
With this being the final year of our federal funding
agreement, contribution support to other land trusts were
lower than the previous year but will resume higher levels
again under the new federal agreement.
25%
Individuals
Our funders:
Average over last 5 years
As reported in previous years, NCC continues to execute on
strategic investments made in the development and marketing
areas to increase our fundraising capacity, in terms of both
staff investments and increased access to new technology
solutions. As a result, overhead ratios can vary year over year.
Management believes the five-year average in reporting these
ratios is a better indicator in reporting the benefits derived
versus results in increased conservation outcomes.
Following transfers from internally restricted net assets, NCC
posted a surplus of $0.9 million (2018 surplus = $0.4 million),
reflecting prudent financial management.
Total funds in land stewardship and science endowments
stand at $138.3 million, representing 19 per cent (2018 – 19
per cent) of the overall value of the NCC land portfolio and
a testament to NCC’s financial commitment to stewarding
these lands in the long term.
NCC continues to maintain a healthy balance sheet and
reserve funds, with very limited long-term debt and trade
payables in amounts owing.
78%
Land, Programs*
& Endowments
Average donor funds
invested over last 5 years
*Investing in science and technology to acquire conservation
lands and maintain the plants and animals on these lands.
11%
Administration
9%
Philanthropy
& Marketing
2%
Communications

30
ANNUAL REPORT 2018–2019
SUMMARY FINANCIAL STATEMENTS
May 31, 2019
INDEPENDENT AUDITOR’S REPORT
To the Members of
The Nature Conservancy of Canada
Opinion
The summary financial statements of The Nature
Conservancy of Canada [the “Conservancy”], which
comprise the summary statement of financial position
as at May 31, 2019, and the summary statement of
operations and changes in operating surplus for the
year then ended, and related notes, are derived from
the complete audited financial statements of the
Conservancy for the year ended May 31, 2019.
In our opinion, the accompanying summary financial
statements are consistent, in all material respects,
with the audited financial statements, on the basis
described in note 1.
Summary financial statements
The summary financial statements do not contain all of
the disclosures required by Canadian accounting standards
for not-for-profit organizations. Reading the summary
financial statements and the auditor’s report thereon,
therefore, is not a substitute for reading the audited
financial statements and the auditor’s report thereon.
The audited financial statements and our report thereon
We expressed an unmodified audit opinion on the audited
financial statements in our report dated September 19,
2019. The audited financial statements and the summary
financial statements do not reflect the effects of events
that occurred subsequent to the date our report on the
audited financial statements.
Management’s responsibility for the
summary financial statements
Management is responsible for the preparation of a summary
of the complete audited financial statements in accordance
with the basis described in note 1.
Auditor’s responsibility
Our responsibility is to express an opinion on the summary
financial statements are consistent, in all material respects,
with the audited financial statements based on our procedures,
which were conducted in accordance with Canadian Auditing
Standard 810, Engagements to Report on Summary
Financial Statements.
Toronto, Canada
September 19, 2019

31
SUMMARY STATEMENT OF FINANCIAL POSITION
AS AT MAY 31
2019
$
2018
$
ANNUAL REPORT 2018–2019
Assets
Current
Cash and cash equivalents
Short-term investments
Accounts receivable and other
Trade lands
Total current assets
Investments
Capital assets, net
Conservation lands and agreements [note 3]
21,358,731
12,481,037
5,548,013
45,000
39,432,781
143,769,019
1,156,086
744,964,916
929,322,802
15,373,675
14,183,013
7,405,512
—
36,962,200
141,169,517
1,090,749
715,196,087
894,418,553
Liabilities and net assets
Current
Operating and term loans [note 6]
Accounts payable and accrued liabilities
Current portion of long-term debt [note 6]
Deferred contributions
Total current liabilities
Long-term debt [note 6]
Total liabilities
Contingencies [note 7]
—
1,955,821
135,424
30,967,604
33,058,849
1,634,500
34,693,349
4,850,000
1,511,425
—
24,802,954
31,164,379
1,985,616
33,149,995
Net assets
Internally restricted
Invested in conservation lands and agreements
Other
Operating surplus
Science and Stewardship Endowments
Total net assets
743,199,142
11,379,028
754,578,170
1,747,338
138,303,945
894,629,453
929,322,802
713,210,471
11,468,959
724,679,430
835,845
135,753,283
861,268,558
894,418,553
See accompanying notes
Board Chair
Audit Committee Chair

32
ANNUAL REPORT 2018–2019
SUMMARY STATEMENT OF OPERATIONS AND CHANGES IN OPERATING SURPLUS
YEAR ENDED MAY 31
2019
$
2018
$
Revenue
Donations of conservation lands and agreements
Other donations and grants
Proceeds from sale of conservation lands
Other
Expenses
Conservation lands and agreements acquired
Purchased
Donated
Loan repayments for prior year acquisitions
Contributions to properties acquired and property-related
expenses incurred by others
Property-related
Support
Excess (deficiency) of revenue over expenses for the year
Net transfer from (to) internally restricted net assets
Net transfer from (to) internally endowed net assets
Net increase in operating surplus
Operating surplus, beginning of year
Operating surplus, end of year
11,006,687
69,698,313
—
8,286,460
88,991,460
27,737,314
11,006,687
219,842
5,735,931
44,699,774
21,601,225
23,343,663
89,644,662
(653,202)
335,431
1,229,264
911,493
835,845
1,747,338
12,655,801
71,162,814
28,657
7,858,610
91,705,882
17,500,387
12,655,801
191,448
13,511,755
43,859,391
20,041,181
21,102,445
85,003,017
6,702,865
(2,720,448)
(3,593,075)
389,342
446,503
835,845
See accompanying notes

33
NOTES TO SUMMARY FINANCIAL STATEMENTS
MAY 31, 2019
1. Summary financial statements
The summary financial statements are derived from the
complete audited financial statements, prepared in accordance
with Canadian accounting standards for not-for-profit
organizations as at May 31, 2019, and for the year then ended.
The preparation of these summary financial statements
requires management to determine the information that
needs to be reflected in the summary financial statements so
that they are consistent, in all material respects, with or
represent a fair summary of the audited financial statements.
These summary financial statements have been prepared
by management using the following criteria:
[a] whether information in the summary financial statements
is in agreement with the related information in the
complete audited financial statements; and
[b] whether, in all material respects, the summary financial
statements contain the information necessary to avoid distorting
or obscuring matters disclosed in the related complete
audited financial statements, including the notes thereto.
Management determined that the statements of changes
in net assets and cash flows do not provide additional useful
information and, as such, has not included them as part of
the summary financial statements.
The complete audited financial statements of The Nature
Conservancy of Canada [the “Conservancy”] are available
upon request by contacting the Conservancy.
2. Revenue recognition
The Conservancy follows the deferral method of accounting
for contributions. Revenue related to the sale of carbon
offset credits is recognized when the Conservancy has
transferred to the buyer the significant risks and rewards of
the ownership of the carbon credits, the amount is fixed and
determinable and collectability is reasonably assured.
3. Conservation lands and agreements
Purchased conservation lands and agreements are recorded
at cost when title is transferred. The purchases are recorded
as an expense to the extent that the purchase is internally
financed. Repayments of debt related to property acquisitions
are expensed when made. An amount equal to the expense
related to purchases and debt repayments is added to net
assets invested in conservation lands and agreements. When
a loan is obtained in a subsequent year related to an internally
financed purchase, an amount equal to the debt is transferred
from net assets invested in conservation lands and agreements
to operating surplus.
Contributed conservation lands and agreements are
recorded at fair market value when title is transferred. When
purchased conservation lands and agreements are acquired
substantially below fair market value, the difference between
consideration paid and fair value is reported as contributed
conservation lands and agreements. The contributions are
recorded as revenue and expenses and also as an asset offset
by net assets invested in conservation lands and agreements.
Properties transferred to others are recorded as a
reduction of conservation lands and agreements and net
assets invested in conservation lands and agreements.
Conservation lands and agreements, either purchased or
donated, are assets held as part of the Conservancy’s
collection. Conservation agreements are legal agreements
entered into by the Conservancy under which a landowner
voluntarily restricts or limits the type and amount of
development that may take place on his or her land to
conserve its natural features. Once registered on title, that
agreement runs with the title and binds all future owners.
4. Allocation of expenses
Salaries and benefits expenses are allocated between
property-related and support expenses based on the primary
job responsibilities of the employee’s position. No support
expenses are allocated to property-related expenses.
5. Donated materials and services
Donated materials and services are not recognized in the
summary financial statements.
6. Debt
The Conservancy has provided a general security agreement
over all of its assets, excluding conservation lands and
agreements, with one financial institution. In addition, as at
May 31, 2019, the Conservancy has one long-term debt
facility of $1,634,500 that is secured by conservation lands
and agreements with a carrying value of $1,673,275 and a
promissory note payable of US$101,622 that is secured by
conservation lands with a carrying value of $7,216,593.
7. Contingencies
The nature of the Conservancy’s activities is such that there is
often litigation pending or in progress. Where the potential
liability is likely and able to be estimated, management records
its best estimate of the potential liability. With respect to claims
as at May 31, 2019, it is management’s position that the
Conservancy has valid defences and appropriate insurance
coverage to offset the cost of unfavourable settlements, if any,
which may result from such claims. In other cases, the ultimate
outcome of the claims cannot be determined at this time, and
as such, no accruals have been made as at May 31, 2019.
ANNUAL REPORT 2018–2019

34
ANNUAL REPORT 2018–2019
BOARD OF DIRECTORS
The Nature Conservancy of Canada is grateful to the many volunteers who provide their time and insight
to help guide our work.
OFFICERS
DIRECTORS
Bruce MacLellan
Chair
Toronto, Ontario
Elana Rosenfeld
Vice Chair
Invermere, British Columbia
Bill Caulfeild-Browne
Past Chair
Tobermory, Ontario
John Lounds
President & Chief Executive Officer
Whitby, Ontario
Michael Paskewitz
Secretary
Toronto, Ontario
Paul Archer
Montreal, Quebec
Bill Caulfeild-Browne
Tobermory, Ontario
Chloe Dragon Smith
Yellowknife, Northwest Territories
Michael Gallagher
Vancouver, British Columbia
John Grandy
Toronto, Ontario
Alan Latourelle,
Chair, Conservation Committee
Ottawa, Ontario
Bruce MacLellan
Co-chair, Ad Hoc Campaign
Advisory Committee
Toronto, Ontario
Maureen McCaw
Chair, Marketing and
Fundraising Committee
Edmonton, Alberta
Kevin McNamara
Chester Basin, Nova Scotia
Mike Pedersen
Co-chair, Ad Hoc Campaign
Advisory Committee
Toronto, Ontario
Dave Phillips
Lumsden, Saskatchewan
Robert Rabinovitch
Chair, Investment Committee
Mont-Tremblant, Quebec
Elana Rosenfeld
Chair, Governance, Nominating
and Human Resources Committee
Invermere, British Columbia
Dorothy Sanford
Chair, Audit and Risk Committee
Toronto, Ontario
Bob Williams
Winnipeg, Manitoba
Barry Worbets
Calgary, Alberta
For a list of our executive management group and regional directors, visit www.natureconservancy.ca/ourteam.

35
THANK YOU!
We are fortunate that so many of you have decided
to ensure Canada’s natural legacy by making a gift
to the Nature Conservancy of Canada.
ANNUAL REPORT 2018–2019
Individual donors
The following individuals gave generously to
NCC between June 1, 2018, and May 31, 2019:
$1,000,000–$4,999,999
Frank C. Miller
$500,000–$999,999
One anonymous donor
$100,000–$499,999
Marilyn & Charles Baillie
Andrew Beckerman
Margaret & John Catto
Emma Donoghue
L. David Dubé
& Heather Ryan
Milfred & Patricia
Hammerbacher
Richard M. Ivey
Harold Kvisle
Dr. Therese Leneveu
Janice Ley
Gerald McBride
& Carol L. Lawrence
Darrell J. Metka
Dr. Wallace M. Mitchell
Carla Reed
Elana Rosenfeld
Leslie & Mark Shuparski
Janette Sweasy
Harold & Audrey Zettl
Four anonymous donors
$50,000–$99,999
Edward C. Bezeau
The Brenneman Family
Bill & Judy Caulfeild-Browne
Ray M. Dunsmore
Fred & Elizabeth Fountain
Doug & Mari Harpur
Bruce MacLellan & Karen Girling
Mike & Martha Pedersen
Nathalie Pratte
Gregory F. Stack
Cameron Taylor Marian
White
One anonymous donor

36
ANNUAL REPORT 2018–2019
$25,000–$49,999
Wendy & Robert Atkinson
Maureen Ebel
Liz & Tony Fricke
Mike & Kathy Gallagher
John Grandy & Meg Salter
Ian & Judy Griffin
David Hamel
Suann C. Hosie
La Famille Hotte
Lois A. Lang
Gerald T. McCaughey
Eliza L. Mitchell
Kerry & AJ Mueller
Patrick & Tamar Pichette
Ann Rooney & Jim Artindale
Bob & Barbara Shaunessy
Robert Sherrin
Mary E. Veale
Bob Williams
Audrey E. Wilson
Margo Wood
Three anonymous donors
$10,000–$24,999
Susan Anderson
Chris & Angela Atkins
Haakon Bakken
Bill Barley
Karen & Bill Barnett
Marc Beauchamp
Jamie & Tony Bowland
C. Jean Britton & Ransom Slack
Rodney Burgar
Peter Buzek & Deborah Hall
Marjorie H. Cameron
John Caraberis & Bonnie Bond
Drs. Margaret & Glen Carlson
George Castles
Jacqueline A. Clark
Cathy Clayton &
John Denholm
Monique Courchesne
David J. Craig
Elizabeth A. Currie
Dr. Yvonne Cuttle
Cam Davidson-Pilon &
Stefanie Gibson
Rolph A. Davis
Alan Davison
Melanie J. Dobson
Robert & Ellen Eisenberg
Steve Flindall & Jennifer Chanter
Judith & Rod Fraser
Areez Gangji
Martin & Silvia Gérard
Eric Grace
Peter & Judy Hall
Brian & Ruth Hastings
In memory of Tim K. Hodgson
Barbara A. Holmberg
Judith Howsam
Colin Jackson
In memory of Baxter Keats
Chris Key
Louise Koen
Diane Loeb
John Lounds
Pierre Martin & Shirley Gavlas
In memory of Joyce Mathieson
Robert & Wendy McDonald
Lynda McPhun
Nan McPhun
Joan, Bob & Doug McRae
Jeannie & Thomas Mills
Garfield R. Mitchell
Peter J. Muecke
Glen & Lois Mumey
Athena Ogden
Dr. Jean O’Grady
Barbara O’Shea
Stan & Edith Ouellette
Paul Peterson
Alison M. Philips
Cecil & Robert Rabinovitch
Linda Read
Mary Ann Redeker
Janet Reid
Christopher Richter
William D. Robertson
Scott D. Sarjeant
Frank Sinclair
Graham & Susan Smith
Peter Solonysznyj
Betty Speakman
Margaret Stockton
In memory of Ian A. Soutar
Jane Thorson
Eric Tripp & Maria Smith
Jack & Connie Uetrecht
Dukke van der Werf
Paddy Wales
Rene & Carol Weber
E. G. Worth
David B. & Virginia A. Wortman
Howsun Albert Wu
MGSP Yacht
20 anonymous donors
Donors of Land & Conservation Agreements
Margaret Atwood
Janine Blaine &
Debbie Christiansen, in
memory of Philip E. Plante
John D. Berryman
Francois Brière
Crosbie Group
Alexandre Grandmont
Halifax Regional Municipality
Shane & Laurel Hansen
John K. Irving
Loyalist Township
Mary & Kenneth Lund
MacKenzie Ranching
Company Limited
Susan Noiles
& Michael Brown
Nancy Novak
Jay Noyes
William S. Roberts
Nancy Roth
One anonymous donor
Life Insurance Donors
Richard Bélanger
Hazel Broker
Alison J. Dinwoodie
Dr. Sandra Fiegehen
Galin Foundation
J. Peter & Sarah I. Gardner
Brian Hitchon
Ross B. Hodgetts
Janette H. Johnston
Edward D. Kendall
Lois Lang
Roderick A. Manson
John & Shirley Martin
Robert & Wendy McDonald
Heather McLeod
Ravi & Anne Menon
Daniel A. Michaelson
Josefa Michaelson
Ellen Wedemeyer Moore
Janet Reid
Dorothy Sherling
Three anonymous donors

37
Estate Gifts
Irene Bauman
Robert Bell
Mary Louise Burkholder
Francesca Rita Carla Carlani
Suleman Currim
Margaret N. Cutt
Elva Eleanor Doerr
Leonid Dubkovski
William Arthur John Gibbs
Marianne Girling
Lauren Geneva Glen
Isabella J. Goldstone
Joyce H. Good
Gray-Johnstone
Sheila M. Gribble
Gerta Mae Grieve
W. Robert Groves
Jean Gwendolyn Gugin
Jack Charles Hallam
Carolyn M. Hayr-Hadden
Alice M. Hill
Mary Hollands
Diana G. Horton
Dorothy F. Jones
Jean Klepachek
Philip John Kuys
Kenneth A. MacKenzie
Ruth Jessie Masters
Mary Grace McCaffrey
Mary F. McCallum
Heather C. McLaren
Bernard Scott Mellon
Thomas A. Miller
Marion Mills
Joan Millward
Evangeline Ann Moore
Wayne O’Brien
Lorna Jean Partridge
Phyllis & David Pike
Arleen Joan Sankey
Sandra Joyce Sharp
Charles Albert Shrubsole
David & Eileen Spring
Doreen W. Stoot
Pamela & Herman Swarte
Brian Ben Turner
Irene Young
Janet K. Zorena
Seven anonymous donors
ANNUAL REPORT 2018–2019
Corporations, Foundations, Organizations & Governments
The following groups gave generously to NCC between June 1, 2018, and May 31, 2019:
$20,000,000–$24,999,999
Government of Canada, Environment and Climate Change Canada – Natural Areas Conservation Program
$10,000,000–$19,999,999
Government of British Columbia
$1,000,000–$9,999,999
American Friends of Canadian
Nature Inc., through the
generosity of its donors:
Davis Conservation Foundation,
Goldman Sachs Philanthropy Fund,
David Gunn, V.W. (Tim) &
Monica Holt, Karen Ray,
Janette Sweasy, William P.
Wharton Trust, and others
Government of Alberta,
Alberta Environment and Parks
Government of Canada,
Environment and Climate
Change Canada – Aboriginal
Fund for Species at Risk,
Canadian Wildlife Service,
Ecological Gifts Program, National
Wetland Conservation Fund
Government of Nova Scotia,
Department of Natural Resources
J.D. Irving, Limited
TD Bank Group
Teck Resources Limited
U.S. Fish and Wildlife Service
The W. Garfield Weston Foundation
$500,000–$999,999
Action-Climat Québec
Columbia Basin Trust
Gouvernement du Québec,
Ministère de l’Environnement et de
la Lutte contre les changements
climatiques
Government of Canada,
Employment and Social
Development Canada – Summer
Work Experience Program
Government of Saskatchewan,
Ministry of the Environment
MapleCross Fund
Nova Scotia Crown Share
Land Legacy Trust
One anonymous donor
$100,000–$499,999
BC Hydro Fish and Wildlife
Compensation Program
BMO Financial Group
Canada Life
Coril Holdings Ltd.
The Dalglish Family Foundation
Ducks Unlimited Canada
Echo Foundation
Enbridge Inc.
Fondation de la faune du Québec
Government of Canada,
Environment and Climate
Change Canada – Quickstart
Program
Government of Canada,
Indigenous Services Canada
Government of Ontario, Ministry
of Natural Resources and Forestry
Les Studios Moment Factory Inc.
The Ontario Trillium Foundation
Power Corporation of Canada
RBC Foundation
RBC Wetland Conservation Fund
Repsol Oil & Gas Canada Inc.
Richardson Foundation
S. C. Johnson and Son, Limited
The Sitka Foundation
TELUS Corporation
Three Anonymous Donors

38
ANNUAL REPORT 2018–2019
$50,000–$99,999
Alan and Patricia Koval Foundation
Chisholm Thomson Family
Foundation
CIBC
Commission for Environmental
Cooperation
The Consecon Foundation
Copernicus Educational Products
Crabtree Foundation
Donner Canadian Foundation
Fondation Hydro-Québec pour
l’environnement
Galin Foundation
The George Cedric Metcalf
Charitable Foundation
The Gosling Foundation
Government of Canada,
Fisheries and Oceans Canada,
Parks Canada
Goverment of Prince Edward Island
The Hearn Family Foundation
Indigenous Engagement Fund,
Edmonton Community anonymous
donor
The John and Judy Bragg Family
Foundation
The Leacross Foundation
Lowe’s Canada
The Manitoba Habitat Heritage
Corporation
Marine Community Foundation
McCain Foundation
The McLean Foundation
The Michael Young Family
Foundation
The Nature Conservancy of
Canada Fund at Edmonton
Community Foundation
New Brunswick Environmental
Trust Fund
Ontario Power Generation Inc.
Regional District of Central Kootenay
Qualico
The Schad Foundation
Sweet Water Trust
TD Friends of the Environment
Foundation
The Trottier Family Foundation
Wildlife Habitat Canada
Three anonymous donors
$25,000–$49,999
Alliance Data
Bill and Wendy Volk Family
Foundation
The Bradstreet Family Foundation
Bruce Power Limited Partnership
The Calgary Foundation
Clark Cawthra Coneybeare Foundation
Collings Family Foundation
The Crowsnest Land Corporation
Earth Rangers
ExxonMobil Canada
Fondation Jeunesse-Vie
Government of Canada,
Department of Environment and
Climate Change
Gouvernement du Québec,
Ministère des
Ressources naturelles du Québec
Intact Foundation
Kaatza Foundation
Kicking Horse Coffee
Kruger Products L.P.
The Landry Family Foundation
Manitoulin Transport
Max Bell Foundation
The Mosaic Company
Municipality of Brighton
National Fish and Wildlife Foundation
New Brunswick Wildlife Trust Fund
Northview Apartment REIT
Ontario Lottery and Gaming
Corporation
Resources Legacy Fund Foundation
Sedbergh School Association
Sustainable Forestry Initiative Inc.
Turkey Point Company
The Woodcock Foundation
$10,000–$24,999
Alberta Conservation Association
Aldridge Acres Ltd.
Allard, Allard & Associés Inc.
Ann and Roger Phillips
Foundation
Appalachian Corridor
Banque Laurentienne
Camosun Biotechnology Inc.
Chaplin Nature Centre
Coleman Leggitt Trust
The Community Foundation
Connor Clark & Lunn
Foundation
D.R. Ashford Fund at the Calgary
Foundation
The Dallas Foundation
Dentons Canada LLP
Dispenser Amenities Inc.
EVRGRN Coffee
The First Nations and Métis
Community Engagement Program
Fonds Aluminerie de Deschambault
Funke-Furber Fund, through
the Victoria Foundation
G.J. Cahill & Company (1979) Ltd.
Google Inc., Employee Giving
Government of Ontario,
Ministry of Training,
Colleges and Universities
Harris and Cheng Medicine
Professional Corporation
Hastings Prince Edward
Land Trust
Hodgson Family Foundation
Husky Energy
J. T. Clark Family Foundation
Jewish Community Foundation
of Montreal
The Joan and Clifford Hatch
Foundation
The John Hindmarsh
Environmental Trust Fund
KPMG Canada
Lady Gray’l Fund
Lake Simcoe Region Conservation
Authority
The Leonard and Gabryela Osin
Foundation
LGL Limited
Lockhart Foundation
Lone Pine Land Trust
Long Point Region Conservation
Authority
Love Family Trust
Lower Trent Conservation
McDanel Land Foundation
The McMurtry Foundation
Nature’s Aid Inc.
New Gold Inc.
Northumberland Land Trust
Patten Family Foundation Inc.
Peter & Catherine Clark Family
Foundation
Petkind / Canada Fresh Pet Products
The Philips Fund
Quails’ Gate Estate Winery
Raymond James Canada Foundation
Regional District of East Kootenay
Sanimax
The Shaw Group
South Okanagan Conservation Fund
Southern Ontario Orchid Society
Syncrude Canada Ltd.
Tee Pee Farms Limited
TransCanada
United Nations Association
in Canada
United Way of Calgary,
Donor Choice Program
A United Way Worldwide Grant, on
behalf of the generosity of Praxair
Vermilion Energy Inc.
The Victoria Foundation
View West Foundation
The Walter J. Blackburn Foundation
William P. Wharton Trust
Four anonymous donors

39
ANNUAL REPORT 2018–2019
Thank
you!
We are grateful that you’ve joined us
in making the largest-ever charitable
investment in conservation in
Canada’s history.
Together, we’ve raised over 80 per cent
of the campaign’s $750-million goal, and
completed over 450 conservation projects!
We’ve made it this far because of you.
Let’s achieve the Landmark Campaign
goal together.
Help us reach the remaining 20 per cent
of our campaign goal.
Please leave your landmark today.

40
Nature Conservancy of Canada | 245 Eglinton Ave. East, Suite 410 | Toronto, Ontario, Canada M4P 3J1
Phone: 800-465-8005 | Email: supporter.services@natureconservancy.ca
TM
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