Kootenay BizBlog » by Keith Powell

Business developments in the Kootenays…

The Kootenay connection to Canada’s wealthiest people

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Murray Edwards owns Resorts of the Canadian Rockies.— Photo courtesy Forbes.com

Nov 02, 2011

Each year, Canadian Business magazine publishes The Rich 100 Special Report: Canada’s 100 Wealthiest People. So, what is their connection to the Kootenays? Here's a brief rundown on their Kootenay connections.

Each year, Canadian Business magazine publishes The Rich 100 Special Report: Canada’s 100 Wealthiest People.  So what is their connection to the Kootenays? Here's a brief rundown on their Kootenay connections.

#2 Galen Weston: worth $8 billion

Kootenay connection: Owns Loblaw which operates The Great Canadian SuperStore in Cranbrook and Extra Food outlets.

#5 James (Jimmy) Pattison: worth $5.73 billion

Kootenay connection: Owns Save-on-Food and Overwaitea grocery stores and the Jim Pattison Broadcast Group with two radio stations in Cranbrook.

#22 Murray Edwards: worth $2.47 billion

Kootenay connection: Owns Resorts of the Canadian Rockies – Kimberley Alpine Resort and Fernie Alpine Resort.

#36 Heather Reisman and Gerald Schwartz: worth $1.62 billion

Kootenay connection: Owns Coles bookstores in Cranbrook and Nelson.

#38 Bob Gaglardi: worth $1.6 billion

Kootenay connection: Owns the Sandman Hotel chain and Revelstoke Alpine Resort.

#46 JR Shaw: worth $1.44 billion

Kootenay connection: Owns Shaw Cable outlets throughout the Kootenays.

#55 Ronald Joyce: worth $1.15 billion

Kootenay connection: Owns numerous Tim Hortons and one Wendy restaurant.

#87 Gary Charlwood: worth $709 million

Kootenay connection: Master franchiser of Century 21 real estate and Uniglobe travel outlets.

Keith Powell

Keith Powell is the publisher and founder of Kootenay Business magazine which is part of the Koocanusa Publications family. He has written a regular sales and marketing column, called Ad Talk, in Kootenay Business magazine for over 20 years. He also writes a daily business blog about business developments in the Kootenays. He is a director of Kootenay Rockies Tourism.

E-mail Keith if you have a business story idea.

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