Arthur Labatt
Encyclopedia
Arthur Sackville Labatt, OC
(born May 11, 1934) is a great-grandson of John Labatt
, founder of the Labatt brewery. Until recently he was the chancellor of the University of Western Ontario
(UWO) in London
, Ontario
, Canada
.
Born in London, Labatt studied business at UWO for one year in 1953, and also briefly studied at McGill University
where he joined The Kappa Alpha Society
, however never graduating from either university. He was expected to take over Labatt but by the time he was an adult, the business had been sold outside of the family. Instead, he became an accountant and later worked in the securities
industry and investment
management. He founded Trimark Investment Management, a mutual fund
company, in 1981.
Labatt became an Officer of the Order of Canada
in 1996. He succeeded Eleanor Clitheroe as chancellor of UWO on October 28, 2004.
On February 7, 2007, the Labatt family donated $30 million to Toronto's Hospital for Sick Children—the largest donation in the hospital's history—in order to establish the Labatt Family Heart Centre, which will provide care for children with congenital heart disease; and to support the Brain Tumour Research Centre, which the Labatt family helped establish with a previous donation.
Order of Canada
The Order of Canada is a Canadian national order, admission into which is, within the system of orders, decorations, and medals of Canada, the second highest honour for merit...
(born May 11, 1934) is a great-grandson of John Labatt
John Kinder Labatt
John Kinder Labatt was an Irish-Canadian brewer, and the founder of the Labatt Brewing Company.Born in County Laoighis, Ireland, Labatt immigrated to Canada in the 1830s and initially established himself as a farmer near London, Upper Canada. In 1847 he invested in a brewery with a partner, Samuel...
, founder of the Labatt brewery. Until recently he was the chancellor of the University of Western Ontario
University of Western Ontario
The University of Western Ontario is a public research university located in London, Ontario, Canada. The university's main campus covers of land, with the Thames River cutting through the eastern portion of the main campus. Western administers its programs through 12 different faculties and...
(UWO) in London
London, Ontario
London is a city in Southwestern Ontario, Canada, situated along the Quebec City – Windsor Corridor. The city has a population of 352,395, and the metropolitan area has a population of 457,720, according to the 2006 Canadian census; the metro population in 2009 was estimated at 489,274. The city...
, Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.
Born in London, Labatt studied business at UWO for one year in 1953, and also briefly studied at McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
where he joined The Kappa Alpha Society
Kappa Alpha Society
The Kappa Alpha Society , founded in 1825, was the progenitor of the modern fraternity system in North America. It was the first of the fraternities which would eventually become known as the Union Triad...
, however never graduating from either university. He was expected to take over Labatt but by the time he was an adult, the business had been sold outside of the family. Instead, he became an accountant and later worked in the securities
Security (finance)
A security is generally a fungible, negotiable financial instrument representing financial value. Securities are broadly categorized into:* debt securities ,* equity securities, e.g., common stocks; and,...
industry and investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
management. He founded Trimark Investment Management, a mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
company, in 1981.
Labatt became an Officer of the Order of Canada
Order of Canada
The Order of Canada is a Canadian national order, admission into which is, within the system of orders, decorations, and medals of Canada, the second highest honour for merit...
in 1996. He succeeded Eleanor Clitheroe as chancellor of UWO on October 28, 2004.
On February 7, 2007, the Labatt family donated $30 million to Toronto's Hospital for Sick Children—the largest donation in the hospital's history—in order to establish the Labatt Family Heart Centre, which will provide care for children with congenital heart disease; and to support the Brain Tumour Research Centre, which the Labatt family helped establish with a previous donation.