FEATURES: DECEMBER 2007

Power Key:

N = New
N/C = No change from 2006 ranking
U = Up from 2006 ranking
D = Down from 2006 ranking

The Power 50 — Page 3

Nos. 30 to 21


30. Carol Newell & Joel Solomon
Endswell Foundation & Renewal Partners

[ N ] In the year of Giustra and his gift of many millions, it’s easy to forget that some Vancouverites have been quietly working the “social investment” angle for over a decade. Take Carol Newell: the New York-born heir to the Newell Rubbermaid fortune established her Endswell Foundation in 1992 as a way of assisting local environmental causes, including Sierra Legal Defence Fund, Western Canada Wilderness Committee, Raincoast Conservation Society, and the Sierra Club of B.C. To date over $20 million has been handed out. In 1994, Newell and business partner Joel Solomon—himself a multimillion-dollar heir—launched Renewal Partners, which provides seed money to local green ventures. Their success stories include Capers, Happy Planet juices, Salt Spring Coffee, Jorg & Olif bicycles, and the Hollyhock Retreat on Cortes Island. Next year, the pair plans to launch Renewal Two—their first attempt at bringing outside investors into the business. First job Carol: A geologic field assistant. Joel: National Youth Coordinator of Jimmy Carter for President Campaign in 1975. 2007 Highlight Carol: Realizing that we’d reached a tipping point both in public awareness of how fragile our world is and that strategic philanthropy in sustainability was on the rise to address these issues. Personally, my investiture as a Member in the Order of Canada. Joel: The Great Bear Rainforest Protection and Sustainable Economic Development Initiative. Lowlight Carol: No complaints, no grumblings. Joel: Continuing wars in Iraq and Afghanistan. Best advice Carol: Just take a step and start now. It doesn’t have to be perfect to begin—mistakes are the routes to new untried paths. Joel: Align my values and vision with life work. Favourite book Carol: Ishmael by Daniel Quinn. Joel: Blindness by Jose Saramago. Favourite vacation spot Carol: Hollyhock Retreat Centre. When I have more time, India. Joel: Hollyhock. Who should be #1 Carol: Alison Lawton, social entrepreneur and venture philanthropist. Joel: Gregor Robertson, MLA and founder of Happy Planet.

29. Francesco Aquilini
Co-owner, Canucks & GM Place; Managing Director, Aquilini Investment Group

[ D ] This year has not been especially kind to Francesco Aquilini, since much of it was spent fighting a costly legal battle with his former partners Ryan Beedie and Tom Gaglardi over ownership of the Vancouver Canucks and GM Place. That said, the Canucks solidified their team and their fan base last season by locking up MVP-calibre goaltender Roberto Luongo and making the playoffs, and whoever ends up owning the franchise looks to be in for a good run. Aquilini bought a 50-percent stake in the Canucks and GM Place from Seattle’s John McCaw in 2004, and a couple of years later added the other 50 percent; Gaglardi and Beedie argue that he violated their partnership by going behind their backs to cut the deal. This is a big-time, high-stakes scrap: Don Cherry would be proud. And should Aquilini emerge victorious—a decision is expected early in the new year—he’ll be the undisputed sports king of the city.

28. Larry Blain
CEO, Partnerships B.C.

[ U ] In July, after some bad press on how the under-construction Canada Line—one of the B.C. government’s biggest public-private partnerships to date—was hurting businesses in her riding, Finance Minister Carole Taylor openly questioned her government’s use of P3s (public-private partnerships) and said she would be questioning such projects more thoroughly in the future. To outsiders, it might have suggested that Larry Blain, who heads the Crown agency charged with securing and executing P3s, was in a precarious position. In fact, his job security is all but assured. Since being appointed to the post in 2003, he has brokered deals for some of the biggest infrastructure projects the province has seen, including the Britannia Mine waste-water treatment plant, the Gordon and Leslie Diamond Health Care Centre at VGH, and the Sea-to-Sky Highway Upgrade. Up next: P3s for the Port Mann Bridge/Highway 1 expansion and—if TransLink plays along—the Evergreen Transit Line to Coquitlam. Says Blain: “There is basically too much money chasing too few partnership opportunities. And if you happen to be on our side of the equation, that’s a very good place to be.”

27. Brian Day
President, Canadian Medical Association

[ N ] In the monotheistic world of Canadian healthcare, Brian Day is, if not a non-believer, a questioner. The Liverpudlian orthopedic surgeon (some of our finest seniors have him to thank for their new knees) founded his Cambie Surgery Centre in 1995—the first and largest private hospital in Canada—and has since become one of the country’s leading advocates for more private involvement in public healthcare, including contracting out services to reduce wait times and funding hospitals on a per-patient basis. This August, in one of the most divisive conventions in its history, the Canadian Medical Association installed Day as its new president. “Those who have studied or worked in other countries know there are systems with universal coverage and no wait lists,” said Day in his inaugural address. “They do deliver better care at less cost than here in Canada.” First job Delivering newspapers as a nine-year-old in Liverpool. 2007 Highlight Personal: birth of my first grandchild, Charlotte. Professional: becoming President of the Canadian Medical Association. Lowlight Several, relating to friends’ serious illnesses or deaths. Best advice To move to Vancouver (from England). Who do you bounce ideas off A few close friends, colleagues, and my wife. What makes you lose sleep Telephone ringing in the middle of the night. Favourite book Straight and Crooked Thinking, by Robert Thouless. Favourite vacation spot Maui. Who should be #1 Premier Gordon Campbell or Mayor Sam Sullivan.

26. Wally Oppal
B.C. Attorney General, Minister Responsible for Multiculturalism

[ N ] As attorney general, the Cowichan Valley-raised former head of the B.C. Supreme Court acts as the province’s chief prosecutor: he’s the one who, in important cases, weighs the evidence and ultimately decides on charges. In recent years he’s overseen two historic trials: the Air India bombing, and the ongoing Robert Pickton murder case. Another complex legal challenge is unfolding at Bountiful: polygamy is unlawful in Canada, and just as the U.S. has cracked down on polygamists, criminal charges involving sexual abuse may also be pending here. Oppal is the province’s minister of multiculturalism as well, and takes seriously the task of uniting our diverse ethnic and racial communities. First job Working at a sawmill on Vancouver Island at age 13. 2007 highlight Getting back to my desk two weeks after my surgery, and having strangers tell me they got checked because of me. Lowlight Being diagnosed with prostrate cancer. Best advice I’ve never forgotten my Grade 8 basketball coach telling us, “If you guys don’t want to work, it’s no skin off my nose.” What do you worry about What every parent worries about—my children. Who do you bounce ideas off My sounding board and political advisor is Barinder Sall. I fire him every day, but he keeps coming back. Last book read The Looming Tower by Lawrence Wright, about Al-Qaeda and the whole background leading up to 9/11.

25. Terry Hui
President & CEO, Concord Pacific

[ U ] Save for a few buildings in the final stages of development—Smart Gastown, and a handful of towers being squeezed into the remaining waterfront lots on North False Creek (The Erickson, the Mariner at Coopers Quay)—Concord’s reign over the 604 is complete. But like other power listers (see Larry Beasley, No. 40 and Nat Bosa, No. 12), developer Terry Hui is finding success exporting the dense, skinny-tower model he perfected here. In Hui’s case the opportunities these days are to be found in Toronto, Porteau Cove north of Lions Bay, and the Okanagan, where his ultra-exclusive Greata Ranch development will put condos in vineyards. Picture condo living-meets-vacation homes-meets-retirement living. How else, in these condo-dense parts, to keep Vancouverites buying Concord products?

24. Gordon Houston
President & CEO, Vancouver Port Authority

[ U ] Things are moving and shaking for Cap’n Houston. In September, the Vancouver Port Authority announced four terminal operators shortlisted to bid on the controversial Terminal 2 container project at Roberts Bank. The project— which received final approval from the feds in late 2006—will add 600 trucks and three trains daily, which represents 400,000 containers annually and addresses the projected 300 percent increase of Asia-Pacific container traffic over the next 15 years. And in a mid-year report released in August, the VPA announced a 25 percent increase in cruise traffic (after several years of reduced passenger volume) as well as record overall tonnage growth, thus posting gains in all of its business sectors. But the really big news? After more than 30 years of discussion and debate, the Vancouver Port Authority and its Fraser River counterparts finally got the green light from Ottawa to merge into one megaport, a key element in the federal government’s Asia-Pacific Gateway and Corridor Initiative. Houston was named transition CEO of the new operation. The merged authority is thought to be better able to tackle issues such as pollution and land use (the VPA’s got the financial clout; the FRPA has available land but inadequate financial resources to develop it), and better manage labour and congestion issues. Critics argue that the agency will be dominated by international shipping interests, bad news for small-business operators working on the Fraser—but these concerns, it seems, have been washed out to sea. First job Industrial chemist in an oil refinery. 2007 Highlight Receiving the Certificate of Intent to Amalgamate the three Lower Mainland ports. Lowlight Hasn’t happened yet. Best advice Trust your team. What makes you lose sleep Needless bureaucracy. Favourite Book License to Lead by Ross Buchanan. Favourite vacation spot Our boat.

23. Peter & Shahram Malek
Directors, Millennium OV Properties Ltd.

[ U ] While the Malek brothers are sitting on a gold mine in the 2.6-hectare Olympic Village at Southeast False Creek, they also paid dearly for it—an astounding $193-million, doubling the $130 per buildable foot previously paid for downtown land. But the build-out is underway, and when it’s all said and done in the fall of 2009, Millennium is expected to squeeze some 14 residential buildings, 70,000 square feet of retail, and a 30,000-square-foot community centre out of the deal, including—key to any chi-chi Vancouver neighbourhood—a new Urban Fare. This is a project that will take shape with amazing haste—it has to—and radically transform one of the last “good old days” parts of town. Meanwhile, on the north side of the Lions Gate Bridge, things are also looking up: Millennium’s controversial $400-million Evelyn Drive redevelopment behind Park Royal Mall—shelved for two years after vehement community opposition—was given the green light by West Van city council last winter: 62 post-war homes are to be replaced by 319 market and 30 non-market units, scaled back from the original 600-unit plan.

22. John & Paul Reynolds
Senior Strategic Advisor, Lang Michener, & Advisor to Prime Minister Harper;
President & CEO, Canaccord Capital

[ N ] Funny thing about politics: often the most powerful people aren’t the ones elected to office. Take Karl Rove, George W. Bush’s eminence gris—or John Reynolds. The former Official Opposition leader and MP for West Vancouver recently served as national co-chair of the Conservatives’ winning 2006 campaign, and will likely do so next time round (“Anything Stephen asks me to do, I’ll do”). Right now Reynolds is busy helping the Tories recruit high-profile B.C. candidates, advising the PM on B.C. strategy, counselling clients of Lang Michener on dealing with the Harper government, and serving on a variety of corporate boards. His son, Paul—one of seven children—has recently joined him in the upper echelons of Vancouver business, replacing Peter Brown this summer as head honcho at Canaccord Capital. Will the son follow the old man’s footsteps? “I don’t think Paul will go into politics,” says his father, laughing. “He makes far too much money.” From John Reynolds: First job Management trainee at Woolworth’s in Toronto. 2007 Highlight Good government, strong leadership, and a strong economy. Lowlight No lowlights since the NDP was removed from power in B.C. Best advice From John Diefenbaker, when I first came to Ottawa in 1972: “Always answer your mail and return your phone calls.” What makes you lose sleep Nothing. Favourite book Where Have All the Leaders Gone by Lee Iacocca. Favourite vacation spot Hawaii—my daughter lives there. Who should be #1 Jack Poole. He’s a Liberal, but I have a lot of respect for him. He’s done a phenomenal job with the Olympics.

21. Brandt Louie
President & CEO, H.Y. Louie Co.; Chairman & CEO, London Drugs; SFU Chancellor

[ D ] The Louie Dynasty began in 1898 when Brandt’s grandfather Hok Yat Louie came to Canada for the Klondike gold rush. He ended up selling seeds and fertilizer from a general store in Chinatown, an enterprise that has since grown into the London Drugs chain and co-ownership (with Sobey’s) of IGA grocery stores. Brandt Louie’s latest venture, London Air Services, which charters Challenger and Learjets and an Agusta helicopter to corporate executives, grew out of the frustration he felt when his first-class flight from Chicago to Vancouver spent five hours on the ground because United Airlines couldn’t round up a crew to fly it. A noted philanthropist, the media-shy Louie has made substantial donations to many local causes.


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