Mr. Paoletti graduated from Concordia University in 1977 with a Bachelor of Commerce degree and received his Chartered Accountant designation in 1980.

In 1977, he joined the audit staff of Price Waterhouse and spent five years servicing a wide range of clients in a cross-section of industries such as cement, asbestos and aluminum manufacturing, real-estate and insurance brokerage, construction and non-profit organizations.

During 1982, Mr. Paoletti enriched his career by obtaining a position in the Insolvency Department of Ernst & Whinney. He was involved in various receivership and consulting mandates as well as bankruptcy assignments and proposals. Giovanni is a member of the Italian Chamber of Commerce and is an avid curler and cross-country skier.