premier Glen Clark, Time Inc. CEO Ann Moore and Michael Korenberg, vice-chairman of the Jim Pattison Group. Sharp kept rein over his lodging kingdom in May when 94% of shareholders voted down a motion to do away with the dual-share structure that gives him control over Four Seasons Hotel and Resorts Inc., even though he owns only 12% of the stock. that could decrease the service price and reduce local competition. Combined, the seven companies won US$260 million worth of contracts. Using his knowledge of the construction industry gained from cutting his teeth on building sites during summers while a business student at Queen's University, Cortellucci pooled his resources and purchased nine lots that had come up for sale in the Mavis and Derry Rds. presentation-ready copies of Toronto Star content for distribution Almost all the homes will be in the midst of green space backing on to a ravine, yet only 15 minutes away from amenities, he says. But watch out, Peter: the darling is already starting to slide. The deal fell through. J. R. Shaw's cable TV giant, now run by his son Jim, jumped on the voice-over-Internet protocol (VoIP) bandwagon this year, announcing plans to team up with rival Bell Canada to offer its Digital Phone service to subscribers by next year. Schwartz's holding company, Onex, is awash with cash but he won't speculate on new acquisitions. For those who didn't know about Zancor Homes' recent Brampton sales event, the dozens of people sleeping in their cars along a quiet suburban street must have seemed an odd sight. Read More . We're a family-run collective of diverse, dynamic and successful businesses that build commercial and residential communities throughout Toronto, its neighbouring cities, and even across the province. With satellite radio growing by leaps and bounds in the United States, Slaight's Standard Broadcasting Corp. partnered with CBC/Radio Canada and Sirius Satellite Radio in February to bring the digital service to Canadians and convince the CRTC of its merits. Emergency crews were called to the scene in the area of Pape Avenue and O’Connor Drive around 10 p.m. It’s alleged that a man stole a taxicab and then crashed into another vehicle. Our Roots Run Deep. The McCain family also forked over $5 million to the National Ballet School in July. Melnyk, who also owns the Ottawa Senators, saw shares in his drug firm plummet amid ongoing investigations by U.S. and Canadian regulators. The founder of Quebec-based printer and publisher Transcontinental Inc. resigned his post as CEO in March, almost three decades after he started the company. Her family’s story was not a unique one. Cortellucci has already committed to two new sites, including 160 lots in King City, a development he says will become his flagship community. The 77-year-old Montreal financier snatched up French publisher Groupe Moniteur in March through his Paris-based private equity firm, Sagard SAS, for US$335 million. The magazine has previously cited the De Gasperis family’s net worth at $1.67 billion. The future of Izzy's plan for a human-rights museum in Winnipeg is on the rocks because the federal government refuses to provide funding. Cortellucci has already committed to two new sites, including 160 lots in King City, a development he says will become his flagship community. permissions/licensing, please go to: www.TorontoStarReprints.com. Sarah’s Hope 10.1k All Time 0. Four Valleys Excavating & Grading Ltd. - Nick Cortellucci Address: 137 Bowes Rd, , Concord ON L4K 1H3 Phone: 905-669-1588 or 905-669-3840 But building homes is more than just a job for Cortellucci. Gail Regan, Rosemary Phelan and Holiday Phelan-Johnson: $400 million. One of the founding fathers of the Tim Hortons chain, he now owns a luxury golf resort and a chartered jet company. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. In the Maritime turf war between Bragg's three-year-old EastLink Telephone and BCE's Aliant Inc., EastLink won. Business must be hopping for Katz's private drugstore empire. Area. The payoff: the Koschitzky clan increased its net worth 32% since last year. "People today know value and they look for value. Hundreds of thousands expected to be raised at mayor's 2014 gala And while the Canadian economy is supposed to start its slow recovery over the next several months, Zancor's business continues to expand at a rapid pace. In March, Irving Oil Ltd. was the first Canadian company to be named North American Refiner of the Year by Texas-based Hart Energy Publishing, a major energy sector publisher. The head of London Drugs (the Vancouver-based eclectic chain that he owns through his late father's company, H. Y Louie Co. Ltd.) attended the World Economic Forum in Davos, Switzerland, in January with the likes of Bill Gates, Michael Dell and Steve Forbes. It is important to remember that there is no single Cortellucci family tree, as last names were assigned to people for various reasons. In September, Weston's supply of Wonder Bread became tenuous as its supplier, Interstate Bakeries Corp., filed for bankruptcy protection, blaming diet preferences, heavy debt and high costs. That was in August 2001. The Greenbergs made headlines of a different kind last year when a copy of Maher Arar's 1997 lease agreement with the family's Ottawa-based Minto Developments Inc., was allegedly used by the FBI to connect the Syrian-born Canadian with an al-Qaida operative. Brick employees shared more than $40 million in bonuses from the offering. But Mario Cortellucci is now, at 68, embarking on a second act. Mario Cortellucci; 2800 Highway 7 West, SUITE 301 Vaughan Ontario Canada L4K 1W8; Leave a message; 53. The Mackenzie Vaughan Hospital has now collected a whopping $160 million in donations after the Cortellucci family pledged $40 million during the mayor’s gala Thursday. Property tycoon Paul Reichmann stepped down as CEO of family holding company Reichmann International in October, passing the torch to his son, Barry. "His company is growing at a faster pace, more successful and more hands-on than anything I've experienced," said Martin. Owners will be moving into their new homes in the spring. In January, the family's investment firm bought floundering chartered aircraft company Starlink Aviation. He made almost $247 million by selling 33 million fund units he received in the deal. I have known the Cortellucci family for 48 years and throughout these years, I have witnessed many acts of kindness and compassion for the greater good. They are well known in the suburban Italian community, and the province appointed Mario Cortellucci to the York Region police board in 1998. Given new case loads, variants & understanding of aerosols in transmission, did Lecce’s adjustments make you feel confident? St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. The chairman helped turn Mississauga, Ont.-based Woodbridge Group into a billion-dollar company that develops and produces foam products for the automobile industry. Comrie, founder of the Brick Warehouse Corp., has become one of Canada's largest furniture-store magnates. Now that daughter Belinda has left Magna for a seat on Parliament Hill, he seems to have forgotten his former political ambitions. The company also handed over $15 million to $20 million to rename Edmonton's hockey arena Rexall Place, and hopes the nickname “the Drugstore” catches on. The Winnipeg-based Richardson clan, known for making its money in the grain industry, signalled a return to its roots in the financial services sector last summer when Richardson Financial Group Ltd. launched a $325-million private equity fund. The chairman of Pacific Century CyberWorks lost 17% of his wealth on the list, mostly due to a decrease in share price. And with my business background, it sort of came easy calling the right tradespeople, negotiating and contracts.". He is on a number of boards, including FPI Ltd., of which Clearwater is a major shareholder, owning 14.9%. Purchase this copy now Subscribe starting next issue Read it now – a digital version. Or else I would marry a very rich wife…”. Sycamore Networks Inc., founded by Deshpande in 1998, was one of seven companies to win a contract from the U.S. Defense Department in January as part of a US$850-million plan to turn its communications system into a worldwide high-speed network. I want to thank Mario and Nick Cortellucci, and their families, for their generosity and commitment to our community. In February, the owners of CanWest Global Communications — the late Izzy Asper's wife, Ruth, and children Leonard, David and Gail — formed a voting trust to exercise control over the multiple voting shares in the company. It is this type of selfless giving which makes our community even stronger. "I said, 'You've got to be kidding me. The son of the “king of the subdivision” got into a fight with the tony Rosedale Golf Club in Toronto's secluded Hogg's Hollow, over a 900-square-foot balcony on his property. Between 1995 and 2001 Mario Cortellucci's companies contributed $1.097 million. https://www.wealthypersons.com/ray-dalio-net-worth-2020-2021 The CEO of embattled pharma giant Biovail Corp. stepped down in October (he remains chairman) after handing over the reins to industry veteran Doug Squires. Kruger family: $1.11 billion . Coming soon to Innisfil, The Orbit is a cutting-edge community that will offer sustainability for the future. The company is controlled by developer Mario Cortellucci, a major Progressive Conservative party fundraiser, Tabuns said. Copyright owned or licensed by Toronto Star Newspapers Limited. 37. Zancor already has 800 names registered for the second phase of the Country Trails development, which has 150 homes. expressly prohibited without the prior written consent of Toronto Although shares in Friedland's Ivanhoe Mines Ltd. have since returned to more earthly levels (dropping him 18 spots on the list), his Mongolian copper and gold project continues to churn out good news. Almost all … Nick Cortellucci smiles at the opening of his 2,500 home development Olde Winchester in Brooklin near Whitby. Descriptions of what Cortel Group believes in and represents. Potter thrilled more than 1,500 people at the Brockville Flying Club's semi-annual fly-in breakfast when he flew by in his 1945 Spitfire, bringing the plane low for the crowd to gawk. 79. Harrison McCain, the New Brunswick farm boy who helped turn McCain Foods Ltd. into one of the world's largest frozen food companies, died in a Boston hospital in March, at the age of 76. Located at 6th Line and 20th Sideroad, south of Alcona, this stunning new community will be a perfect blend of rural and urban living. De très nombreux exemples de phrases traduites contenant "un proche du parti" – Dictionnaire anglais-français et moteur de recherche de traductions anglaises. Natural Lash 4.7k All Time 4. Meanwhile, dissident cousin Ian (a former Molson deputy chairman) pondered a hostile bid with a rival investor group. Tell them to go home.' Minto president Roger Greenberg denied any involvement. I want to thank Mario and Nick Cortellucci, and their families, for their generosity and commitment to our community. Gerald (Gerry) Schwartz and Heather Reisman: $758 million. In fact, it was only one of three testimonies that were shared at the Vatican’s VI International Forum for Migrants and Peace Feb. 21. Italian wildlife photographer and videomaker on assigment. Add $2,000 To The Caribbean Vacation You Can’t Take 224 All Time 1. Developer and Vaughan native Mario Cortellucci, Mayor Maurizio Bevilacqua and YYZed architect Alan Tregebov have thrown their energies behind a project called Expo City. The real estate family made a killing on the merger of Canadian Apartment Properties Real Estate Investment Trust and Residential Equities Real Estate Investment Trust (ResREIT) in June. The Vancouver-based family also continued to manage investments in real estate and pulp and paper through its privately owned conglomerate, Belkorp Industries Inc. Stroll was spotted vacationing with former Gucci designer Tom Ford on the Caribbean island of Mustique last December, prompting one local to speculate on the hatch of the “next big fashion label…right here on this tiny island.” But for now, Stroll will keep his day job as co-chairman of upscale New York fashion label Michael Kors. Cliff, director and former president of family-owned construction conglomerate Ledcor Group of Cos., ramped up operations at his two vineyards in California's Napa Valley. But it looks like another bumpy year ahead: CEO Alain warned a strengthened Canadian dollar could hurt profits. Kate Beirness and Natasha Staniszewski – The SportsCentre Sisterhood 22k All Time 17. 83. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. 17. 48. Reisman's pride, Indigo Books & Music, is suffering quarterly losses and has decided to focus less on books and more on gifts. Our sixth annual ranking of Canada's wealthiest people. rights reserved. “I don’t recall if he was called or not,” she testified. Rogers Wireless made headlines this fall when it purchased Microcell Telecommunications Inc., the parent company of Fido, for $1.4 billion. She was shown an email from her staff in January 2010, during the “no contact” period, that indicates Fennell was to call Nick Cortellucci to solicit a contribution for her annual gala and points out that he had donated $50,000 the previous year. But they wouldn't leave.". That's why, more often than not, I can offer my homeowners great value without sacrificing quality or service," says Cortellucci, who creates his own floor plans with an architect. The youngest son of Hong Kong billionaire Li Ka-Shing, Richard uncharacteristically left the limelight to his older brother, Victor, this year. “It’s in your mind, in your dreams. The family-owned company now has sales of some $450 million a year and continues to expand. "I had sent one of my staff there at 9:30 the night before our sales event to clean up. In June, Paul sold his remaining 38 million shares in Canary Wharf, the grand-scale office and retail development in London that brought the Reichmanns unwanted attention by going into bankruptcy protection in 1992. A November RBC report says there is a diminishing pool of potential first-time buyers in Toronto. Cortellucci donated the million-dollar facility. The Canadian Association of Family Enterprise and the Canadian Institute of Chartered Accountants named 149-year old Samuel, Son & Co. the Family Enterprise of the Year. © Copyright 2021 St. Joseph Communications. Robert (Bobby) Julien and Delia Moog: $960 million. We are often asked, How common it is for Cortellucci siblings to have the same first name? The bid for Riverside was worth $377 million, and Thorlakson assumed CEO duties on Nov. 1. Since then, Zancor has gone on to build communities – and more than 1,000 homes – in Wasaga Beach, Barrie, Stayner, Angus and now, Brampton. De Gaspé Beaubien family: $400 million. Comrie earned more than $270 million this year after converting his chain of more than 160 discount outlets into an income trust. Sirois is also behind Microcell and the Fido brand, which Rogers Wireless bought in November. At night you fall asleep and it comes to you, and the vision is sometimes that you see the city itself in front . The corporate cowboy and chairman of Calgary-based power and engineering giant ATCO Ltd. lost his battle with city council over a planned housing development to be built next door to his family's sprawling 300-acre equestrian park in the foothills of the Canadian Rockies. As part-owner of Maple Leaf Sports & Entertainment Ltd., he was in talks with the Toronto Argonauts earlier this year to jointly acquire Varsity Stadium at the University of Toronto. Having won the bid to host the golf event in 2001, Matthews is spending upward of $26 million to update the Wentwood Lakes course with underground cabling for wireless cameras and to build an 85,000-square-foot clubhouse. Monique Cortellucci; 7164816409; 106 Chatham … Harrison McCain family: $1.48 billion. Many buyers have stayed with Zancor as it has grown, purchasing first in Mississauga and upgrading to the company's new development in Brampton, or getting into the market in Barrie and moving up to Angus. Natural Lash 4.7k All Time 4. Once touted as Air Canada's saviour, Li pulled Trinity Time Investments Inc. out of a $650-million bailout investment in April. Mario and Nick Cortellucci have generously stepped forward with a $3 million donation towards the building of the new facility, which is currently under construction and expected to be open in 2019. He then […] Star Newspapers Limited and/or its licensors. The 82-year-old real estate mogul received an honorary doctor of architecture degree from Carleton University last November, complementing his four other honorary doctorates. Premier Gordon Campbell's most generous patron in 2003. "But the mechanic says, 'Don't worry about it.' This fall, it announced it was selling $900 million worth of notes to partially fund the redemption of $1.2 billion worth of debt securities. Despite Magna's recently announced plan to privatize its much-hyped spinoffs, Stronach's empire of auto parts companies is still a highly respected global operation. The high-profile guests included former B.C. The CEO of Power Financial Corp. raked in a tidy $170 million when he exercised stock options early in the year. Edward (Ted) Rogers Jr.: $2.21 billion. In April 2008, Wellspring Chinguacousy, a 6,000-square-foot home at 5 Inspiration Way in Brampton, opened offering psychological, emotional and social support for women suffering from breast cancer. He then […] 15. Joseph and Ted Burnett: $1.08 billion. Developer and Vaughan native Mario Cortellucci, Mayor Maurizio Bevilacqua and YYZed architect Alan Tregebov have thrown their energies behind a project called Expo City. He will stay on as executive chairman. Stephen and Mitchell Goldhar: $608 million. Republication or distribution of this content is But with shock jock Howard Stern in the mix, the group might be permanently off-air. Fipke, who was the first to discover diamonds in Canada's north in 1991, continues to earn an impressive amount from his 10% stake in the Ekati mine, which supplies 6% of the world's diamonds. The founder of software vendor Cognos Inc. owns two vintage planes and a yacht. The soaring price of crude helped push the Calgary financier and oilpatch magnate's personal net worth up more than 50% from last year. Located at 6th Line and 20th Sideroad, south of Alcona, this stunning new community will be a perfect blend of rural and urban living. That sales office will open in the spring. He kept a low profile this year. Tom and Caleb Chan, the famously private brothers and philanthropists, with extensive golf course and real estate holdings in the Vancouver-Whistler area, scored a major coup recently when it was announced the Telus Skins Game would be returning to their prestigious Nicklaus North course next year. The former transportation tycoon and one-time owner of the CFL's Hamilton Tiger-Cats made philanthropic history in December 2003 when he donated $105 million to McMaster University's medical school — the largest single cash gift to a Canadian institution. He calls me at home as says, 'Fab, you're not going to believe this. In fact, it was only one of three testimonies that were shared at the Vatican’s VI International Forum for Migrants and Peace Feb. 21. A major modernization project by forestry products maker Kruger Inc. and a Quebec industrial and financial holding company poured $500 million into the Kruger Wayagamack Inc. mill in Trois-Rivières, Que. Kenneth Thomson and family: $22.03 billion. The line of cars – and the odd tent – in front of the company's sales office on Summitgreen Cres., just south of the intersection of Airport Rd. Mario Cortellucci; 110 Fenyrose Crescent Woodbridge Ontario Canada L4L 7G2; Leave a message; 52. A former lieutenant-governor of Ontario with a family heritage in financial services and income trusts, he emerged this year as a fierce critic of fallen newspaper tycoon Conrad Black, a one-time friend. That means weaker demand, greater supply and price declines, or buyer incentives in the future. The North American construction boom kept the IKO Group, the family-owned roofing supply business, very busy in 2004. There will be no preferential seating for the real estate mogul at Canucks hockey games, after all. 14 Aug 2012 Cortel Group: Building Tomorrow. He expects the cost of these Gandhi-like movies will average US$20 million each. Some millionaires would like to live forever. Meanwhile the company has also committed to another 200 lots in Brooklin, a community 40 minutes east of Toronto, just north of Whitby. Modern Mamas – Cat & Nat 40.9k All Time 43. Still in his 20s, he bought two stores and started his own chain. Gururaj (Desh) Deshpande: $346 million. The Goldhar brothers sold nearly three dozen of their First Pro shopping centres to Calloway Real Estate Investment Trust this year, and their company was the landlord of choice for big-box chain Wal-Mart Canada Corp. That's good news for Mitchell, who also has part ownership of the trust. — transported to Winnipeg where it will become the centrepiece of a fashion museum. Community Hatchery Program, Peterborough, Ontario. London Drugs continues to expand, and opened a store in Manitoba in May. Our Roots Run Deep. Shareholders of Cara Operations Ltd., the Phelan family empire founded in 1883, voted in February to allow sisters Gail Regan and Rosemary Phelan, and their niece, Holiday Phelan-Johnson, to take the $1.1-billion company private. Nick Cortellucci smiles at the opening of his 2,500 home development Olde Winchester in Brooklin near Whitby. Alfredo (Fred) DeGasperis: $645 million. Coutu's pharmacy company became the fourth-largest North American drugstore chain in August when it purchased 1,549 Eckerd stores. York University bestowed an honorary doctorate on the media-shy founder of Teknion Corp., the office furniture company that first produced a tilting chair for under $100. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. He also had his family's first home in Canada — a dilapidated coal shed in Deloraine, Man. Empire Co., the parent company of successful grocery chain Sobeys, appointed its first ever unrelated chairman in September, as the company reported a 9% increase in first-quarter revenues. The province’s Special Investigations Unit (SIU) has invoked its mandate following an incident in the city’s east end Tuesday night. The company almost went bankrupt in 2001 but, after a financial restructuring, emerged as one of Romania's top telecoms. In September, it looked like Gaglardi's son, Tom, would be part of a successful $250-million bid for the Vancouver NHL team. View Maria Cortellucci’s profile on LinkedIn, the world's largest professional community.
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