Canada Hibernia Holding Corporation

Canada Hibernia Holding Corporation (CHHC) manages and holds the Government of Canada’s interests in the Hibernia Project, an oil development and production project located offshore Newfoundland and Labrador.

About the company

Located in Calgary, CHHC plays an active role as an owner in the Hibernia Project. Our responsibilities are to maximize shareholder value through the exploration, development, production and marketing of crude oil from the project. CHHC was incorporated in March 1993 and is a wholly owned subsidiary of CDEV.
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Our Responsibilities

Health and safety

CHHC strives to ensure that the health and safety of workers and protection of the environment are paramount in all Hibernia decisions.

Compliance

CHHC is committed to operating in legal and regulatory compliance. CHHC is governed by an independent Board of Directors and reports to Parliament through the Minister of Finance.

Commercial Strength

CHHC focuses on protecting Canada’s ownership interests in the project, maximizing value and keeping the Hibernia asset in a ready state for evaluation and sale should Canada elect to divest of the asset.

Our role in the Hibernia Project

CHHC is a non-operating working interest owner of the Hibernia Project. It manage the marketing and transportation of our share of Hibernia crude oil, through contractual relationships with other owners and service providers to the producing fields offshore Newfoundland and Labrador.
 
The Hibernia Project comprises the original Hibernia Development Project area, where CHHC has an 8.5% working interest, and the Hibernia Southern Extension Unit (“HSE Unit”), where CHHC has a 5.67% working interest. Construction of the field facilities was completed in 1997 and first oil from the original Hibernia field occurred in November 1997.
 
Since inception, CHHC has been staffed by a highly skilled group of professionals with extensive industry experience.
 
CHHC participates regularly in the Hibernia Executive Committee, which is responsible for the management of the project, technical, legal, health, safety, environmental and financial committees that collectively oversee the ongoing business planning and operations of the Hibernia Project.
 
The corporation derives its cash flow solely from the Hibernia assets which include our share of Hibernia crude oil production and a small portion from incidental revenue from the Hibernia drilling and production facilities. Cash flow fluctuates primarily depending on Hibernia production volumes, the price of crude oil, royalty and national payroll payments, operating costs, income taxes and major capital expenditures.

Reporting on our progress

Read our annual reports, accessibility progress reports and more.
December 18, 2025 | Reports

CHHC Multi-Year Accessibility Plan

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October 8, 2025 | Reports

CHHC Annual Report to Parliament: Privacy Act 2024 – 2025

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May 26, 2025 | Reports

CHHC Supply Chains Act Report

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Executive Leadership Team

Anita Tonn

President and Chief Financial Officer

Gerry Goobie

Vice President, Marketing and Transportation

Robin Grouette 

Vice President, Operations

CHHC Board of Directors

Jennifer Reynolds

Board Chair

Alicia Damley 

Chair of the Audit Committee

Sean W. Strickland 

Director

Anita Tonn

President and Chief Financial Officer

Anita Tonn

President and Chief Financial Officer

Anita joined CHHC in 2013 and was appointed to the role of President and CFO in 2023. In this role, Ms. Tonn leads the Calgary team responsible for managing Canada’s investment in the Hibernia Project.

Ms. Tonn has over 20 years of experience in the oil and gas industry managing finance, accounting, treasury, tax and mergers and acquisitions. Previously to CHHC, Ms. Tonn held numerous positions with junior and intermediate oil and gas companies including VP Finance and CFO of Emerge Oil & Gas Inc., Financial Controller of Petrobank Energy and Resources Ltd., Controller of Peerless Energy Inc., and Controller of Outlook Energy Corp. Ms. Tonn commenced her career in the audit practice of KPMG LLP, a large public accounting firm.

Ms. Tonn holds a Bachelor of Commerce degree with Great Distinction from the University of Saskatchewan. She is a Chartered Accountant with the Chartered Professional Accountants of Alberta.

Gerry Goobie

Vice President, Marketing and Transportation

Gerry joined CHHC in 2018 to oversee the disposition of CHHC’s crude oil production.

Mr. Goobie is a 40+ year veteran in the petroleum industry specializing in the crude oil, natural gas, and natural gas liquids businesses.  Mr. Goobie’s experience includes commercial operations, project management, strategic planning, acquisitions and divestments and regulatory matters as well as process design and reservoir engineering.

Prior to joining CHHC, Mr. Goobie was a Principal at Goobie Tulk Inc. and Gas Processing Management Inc. (GPMi) and prior to GPMi, he was a Managing Consultant in the Calgary office of Purvin & Gertz Inc. Both GPMi and Purvin & Gertz were internationally renowned, independent energy industry consultancies.  Prior to joining Purvin & Gertz, 

Mr. Goobie worked in various commercial and operational roles with ATCO Midstream Ltd., TransCanada Pipelines Ltd., Murphy Oil, Alberta Natural Gas Ltd, Esso Resources Canada, Texaco Canada Resources and Brown & Root Inc.

Mr. Goobie holds a Bachelor of Science in Chemistry, a Master of Science in Chemical Engineering, a Master of Business Administration and is a Life Member of the Association of Professional Engineers and Geoscientists of Alberta.

Robin Grouette 

Vice President, Operations

Robin joined CHHC in January 2025 as Vice President, Operations responsible for managing the technical and commercial operations for Canada’s investment in the Hibernia Project.

Ms. Grouette has over 25 years of experience in the oil and gas industry with proven success leading and participating in geographically, multidisciplinary and multicultural teams. Previously to CHHC, Ms. Grouette worked with Deloitte LLP within the Infrastructure and Real Estate division focusing on corporate governance, operational readiness, and cost management within the mining industry. Over 23 years of her career was spent working both nationally and internationally with Shell Energy holding numerous positions in strategy, operations, exploration, and development. Her most recent role was as the Managing Director for Shell China Upstream.

Ms. Grouette holds a Bachelor of Science degree from the University of Calgary.

Jennifer Reynolds

Chair of the Human Resources and Compensation Committee

Ms. Reynolds was most recently the CEO of Women Corporate Directors Foundation – the world’s largest network of women corporate board directors, with more than 2500 members serving on more than 8,500 public and private boards around the globe.

Ms. Reynolds’ 25-year career in the financial services industry has included senior roles in investment banking, venture capital, and global risk management. Prior to joining WCD, she served as the President & CEO of Toronto Finance International (TFI), a public-private partnership which promotes and develops Canada’s financial services sector and serves as the international representative for the Toronto financial centre. Prior to joining TFI, she was the President & CEO of Women in Capital Markets (WCM), Canada’s largest industry association and advocacy group for women in the financial sector.

Ms. Reynolds is a Director on the Board of BF&M Insurance Group Ltd, the Board of Agrinam Acquisition Corporation, and the Board of Women’s College Hospital Foundation. She is the Co-Chair of the UN convened Financial Centres for Sustainability (FC4S) network and also serves on the Advisory Council for the Institute of Sustainable Finance. In 2015 and 2017, she was named a Women’s Executive Network (WXN) Canada’s Most Powerful Women: Top 100 Award Winner.

Ms. Reynolds is a graduate of the Harvard Business School Women’s Leadership program, and she received her MBA from McGill University, as well as a Bachelor of Arts with a double major in Economics and Political Science from McGill University. She also holds the Institute of Corporate Directors Designation, ICD.D.

Alicia Damley 

Chair of the Audit Committee

Ms. Alicia Damley has over 25 years of professional experience which includes defining board governance, corporate oversight and renewal, leading and implementing risk and assurance best practices, and generating investment returns.

Ms. Damley began her career as a public accountant at Deloitte, with responsibility for audit and risk assurance services. Over this tenure, she provided a broad range of advisory and forensic services, functional risk assessments, financial reporting and accounting standards reviews, and fraud investigations and resolution.

Ms. Damley’s subsequent investment career in global markets has focused on generating investment outperformance aligned with client risk and returns. To date, this time has been punctuated with successfully navigating numerous global market crises and required blending unrelated areas of competence.

Ms. Damley’s board experience includes civil society, non-governmental and arts organizations, and executive and committee chair leadership. She has combined her areas of expertise to advise on investment, strategy, and organizational architecture for fintech and mobile technology startups. She is also an active volunteer with a focus on women, financial literacy, and education.

Ms. Damley is a Chartered Financial Analyst Charterholder, as well as Chartered Professional Accountant (Canada) and Chartered Accountant. She holds an Honours Bachelor of Science and a Master of Business Administration from the Rotman School, both from the University of Toronto.

Sean W. Strickland 

Director

As Executive Director of Canada’s Building Trades Unions, an association of 14 international unions representing over 600,000 members, Mr. Strickland is responsible for overseeing the operations of the CBTU office, programs and identifying and coordinating opportunities for affiliates and local and provincial councils across Canada; including working with owner clients and employers.

Sean currently represents the CBTU in a number of capacities including sitting on the board for BuildForce, SkillPlan, Multi-Employer Benefit Council of Canada, and Helmets to Hardhats. Additionally, Mr. Strickland participates in several advisory activities including NRCan’s Small Modular Reactor Action Plan and the Federal Government’s Construction Industry Roundtable.

Sean has a Bachelor of Arts in Political Science from the University of Waterloo, is a graduate of the Executive Management Program at Wilfrid Laurier University, and the Leadership Development program from Harvard University. He is the proud recipient of the Canada 125 Medal for Community Service and has served on numerous community boards and committees.

Anita Tonn

President and Chief Financial Officer

Anita joined CHHC in 2013 and was appointed to the role of President and CFO in 2023. In this role, Ms. Tonn leads the Calgary team responsible for managing Canada’s investment in the Hibernia Project.

Ms. Tonn has over 20 years of experience in the oil and gas industry managing finance, accounting, treasury, tax and mergers and acquisitions. Previously to CHHC, Ms. Tonn held numerous positions with junior and intermediate oil and gas companies including VP Finance and CFO of Emerge Oil & Gas Inc., Financial Controller of Petrobank Energy and Resources Ltd., Controller of Peerless Energy Inc., and Controller of Outlook Energy Corp. Ms. Tonn commenced her career in the audit practice of KPMG LLP, a large public accounting firm.

Ms. Tonn holds a Bachelor of Commerce degree with Great Distinction from the University of Saskatchewan. She is a Chartered Accountant with the Chartered Professional Accountants of Alberta.