EXHIBIT 12.1

I, Martin Ouellet, certify that:

1.    
          I have reviewed this annual report on Form 20-F of NB Finance, Ltd.;

2.    
          Based on my knowledge, this report does not contain any untrue statement of a
          material fact or omit to state a material fact necessary to make the statements
          made, in light of the circumstances under which such statements were made not
          misleading with respect to the period covered by this report;

3.    
          Based on my knowledge, the financial statements, and other financial information
          included in this report, fairly present in all material respects the financial
          condition, results of operations and cash flows of the company as of, and for,
          the periods presented in this report;

4.    
          The companys other certifying officer(s) and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial
          reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
          company and have:

| | (a)
                         Designed such disclosure
controls and procedures, or caused such disclosure                     controls and
procedures to be designed under our supervision, to ensure that
                    material information relating to the company, including its
consolidated                     subsidiaries, is made known to us by others within those
entities, particularly                     during the period in which this report is
being prepared;
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| | (b)
                         Designed such internal
control over financial reporting, or caused such                     internal control
over financial reporting to be designed under our supervision,                     to
provide reasonable assurance regarding the reliability of financial reporting
                    and the preparation of financial statements for external purposes in
accordance                     with generally accepted accounting principles;
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (c)
                         Evaluated the
effectiveness of the companys disclosure controls and
                    procedures and presented in this report our conclusions about the
effectiveness                     of the disclosure controls and procedures, as of the
end of the period covered                     by this report based on such evaluation;
and
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (d)
                         Disclosed in this report
any change in the companys internal control over                     financial
reporting that occurred during the period covered by the annual report
                    that has materially affected, or is reasonably likely to materially
affect, the                     companys internal control over financial reporting;
and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

5.    
          The companys other certifying officer(s) and I have disclosed, based on
          our most recent evaluation of internal control over financial reporting, to the
          companys auditors and the audit committee of the companys board of
          directors (or persons performing the equivalent functions):

| | (a)
                         All significant
deficiencies and material weaknesses in the design or operation                     of
internal control over financial reporting which are reasonably likely to
                    adversely affect the companys ability to record, process,
summarize and                     report financial information; and
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | (b)
                         Any fraud, whether or not
material, that involves management or other employees                     who have a
significant role in the companys internal control over
                    financial reporting.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|/s/ Martin Ouellet
Martin Ouellet
President | Date: June 20,  2005
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