2011 Annual Report on Giving PHILANTHROPY MAKES OUR POLICY WORK POSSIBLE
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Institut C.D. HOWE Institute Essential Policy Intelligence | Conseils indispensables sur les politiques 2011 Annual Report on Giving PHILANTHROPY MAKES OUR POLICY WORK POSSIBLE he annual Benefactors Lecture is a highlight of our crowded calendar – Tour chance to say “thank you” to the Institute’s members and friends and acknowledge their impact – your impact – on our policy work. Tonight’s event is particularly significant – for the first time the Benefactors Lecture – which celebrates philanthropic giving to the Institute, has been sponsored through a personal donation. Please join us in thanking longtime Institute member Briar Foster, Chairman and founder of Foster & Associates, for his wonderful gift. William B.P Robson We are also using this occasion to announce that we are now very close President and CEO to completing fundraising for our Endowment for Special Studies. This endowment, launched with Alfred Wirth’s $1.05 million challenge grant – the largest single gift in the Institute’s history – is well on the way to crossing the $2.1 million threshold. Members of the Board, together with current and former staff and Institute friends, have risen to Alf’s challenge to make personal philanthropy a core value in the Institute’s culture. Their gifts, in combination with support from our corporate members and institutional subscribers, is enabling the Institute to respond nimbly to emerging policy debates, get in front of the issues that are defining Canada’s future, and by so doing, improve the economic and social well-being of all Canadians. By supporting the Institute, individuals, corporations and foundations are Duncan T. Munn helping us bequeath to our children and grandchildren a country that is Senior Vice-President and strong, and creates opportunities for entrepreneurs and for less fortunate Chief Operating Officer Canadians – a country that is a favoured place to live, work, invest, and raise a family. To the Institute’s members and friends, challenge fund donors and major supporters: Thank you all! Your generosity and involvement sustain our standing as Canada’s most trusted source of essential policy intelligence. Bill Robson Duncan T. Munn President & CEO Senior Vice-President & COO On the cover: From left, Timothy J. Hearn, William B.P Robson, Alfred G. Wirth and Duncan T. Munn Your generosity and involvement sustain our “ standing as Canada’s most trusted source of 1 essential policy intelligence ” THE INSTITUTE’S SUPPORTERS Shaun Francis James P. McIlroy INDIVIDUALS Fred Gorbet Steven McNair Andrew Abouchar Peter Goring John D. McNeil Francis R. Allen Rob Graham Bruce H. Mitchell KPA Advisory Services Ltd. John A.G. Grant William Molson, CA James C. Baillie Douglas Grundy Gary P. Mooney John Bell John Haag Russell J. Morrison Jalynn H. Bennett Geoffrey Hale John P. Mulvihill Peter Bethlenfalvy Mary and Graham Hallward Edward P. Neufeld William Black C. M. Harding Foundation James S. Palmer, C.M., AOE, Q.C. R.A.N. Bonnycastle Gerald Hatch Nick Pantaleo, FCA Justin Brown Mark Hawman Donald S. Reimer Gordon Bruce G.R. Heffernan H. Sanford Riley Peter Buzzi Lawrence Herman Philip Robson Robert C. Caldwell Jim Hinds W.P. Rosenfeld, Q.C. Kenneth Christoffel Rebecca Horwood Fred P. Rumak Jack Cockwell Dallas Howe Guylaine Saucier Marshall A. Cohen Peter Hunt Brian Shaw E. Kendall Cork H. Douglas Hunter Mary-Anne Sillamaa Marcel Côté Julien Hutchinson Helen K. Sinclair Dann Cushing Richard W. Ivey Gerald Soloway Thomas P. d’Aquino Jon R. Johnson Andrew Spence Bryan and Malkin Dare Robert Johnstone Wayne Steadman MKS Inc. John A. Kazanjian Christopher Sweeney Laurent Desbois Kenneth Kelly Henry W. Sykes, QC Rod Dobson Claire M.C. Kennedy Thomas H.B. Symons Wendy Dobson Thomas E. Kierans Frederick H. Telmer David Dodge James T. Kiernan John D. Tennant Stephen Dulmage David A. Leslie Craig C. Thorburn Janet Ecker Henry Lotin Robert J. Turner William F. Empey J.W. (Wes) MacAleer Warren Viegas Will Falk John MacNaughton Alfred G. Wirth James D. Fleck Catherine Marsh Adam H. Zimmerman Briar Foster R.B. (Biff) Matthews Luke Zygalko Institute friends Rebecca and John Horwood. 2 THE PHILANTHROPIC FORCE BEHIND THE ENDOWMENT FOR SPECIAL STUDIES rominent philanthropist and investment executive Alfred G. Wirth had a vision Pfor the C.D. Howe Institute: motivate individuals to make the organization a key personal cause. His $1.05 million challenge grant set forth an ambitious target for the Institute: raise sufficient support from the Institute’s board and friends to create a $2.1 million endowment. He felt strongly that “in addition to strengthening the Institute’s research capacity, this would transform the Institute’s philanthropic culture.” “People overwhelmingly see the C.D. Howe Institute as an organization funded by corporations,” he says. “And corporate support is key to the Institute’s policy work. “But corporations cannot support the full spectrum of public policy research, and Alfred G. Wirth so additional, independent sources of financing are necessary,” he says. President & Chief Investment Officer, The Institute is now in late stage discussions with several potential donors whose HNW Management Inc. pledges would trigger the completion of fundraising for the $1.05 million matching grant. “We all have a stake in fostering smart, independent, evidence-based policy work,” he says, adding “an independent funding base is essential to the Institute’s reputation for objectivity.” A longtime leader in the investment management sector, he is President & Chief Investment Officer of HNW Management Inc. His other major gifts include the establishment of the University of Alberta’s Wirth Institute for Austrian and Central European Studies; a Renaissance ROM campaign challenge gift to establish the Wirth Gallery of the Middle East; the Wirth Art Centre in Aurora, Ontario; and the Wirth Foundation for Arthritic Research at the University Health Network. In recognition of his business and voluntary sector accomplishments, he received an honorary doctorate from the University of Alberta in 2005. William Robson, the Institute’s President & CEO, says the Wirth Challenge Fund, combined with support from Endowment for Special Studies donors, is already strengthening the Institute’s research capacity. “The endowment will boost our 2012 program,” he says, adding that “equally important, it has encouraged people to view the Institute as a priority cause worthy of personal support.” Perhaps equally important, it has encouraged people “ to view the Institute is a priority cause worthy of 3 personal support ” THE INSTITUTE’S SUPPORTERS ARC Financial Corp. Canadian Bankers Association UNIVERSITIES AND Association of Canadian Pension Canadian Chamber of Commerce COLLEGES Management Canadian Energy Pipeline Athabasca University Assuris Association Cape Breton University Astral Media Inc. Canadian Federation of Independent Carleton University ATB Financial Business HEC Montréal ATCO Ltd. & Canadian Utilities Canadian Finance & Leasing McMaster University Limited Association Queen’s University Balancing Pool Canadian Gas Association Ryerson University Bank of America Merrill Lynch Canadian Imperial Bank of The University of Calgary Barrick Gold Corporation Commerce The University of Lethbridge Benecaid Canadian Life and Health Insurance The University of Western Ontario Bennett Jones LLP Association Inc. Université de Sherbrooke Blake Cassels & Graydon LLP Canadian Pacific Railway Université Laval BMO Financial Group Canadian Pension & Benefits Institute University of Alberta BMO Life Assurance Company Canadian Tax Foundation University of British Columbia Bombardier Inc. Canadian Western Bank University of Manitoba Borden Ladner Gervais LLP Canam Group Inc. University of Ottawa Brookfield Asset Management Inc. Candor Investments Ltd. University of Saskatchewan Brookfield Renewable Power Cargill Limited University of Toronto Bruce Power CCL Group Inc. Wilfrid Laurier University BURNCO Group of Companies Cenovus Energy Inc. Business Council of British Columbia Certified General Accountants Business Development Bank of Association of Alberta Canada Certified General Accountants of ORGANIZATIONS Cadillac Fairview Corp. Ltd. Ontario Advocis Caisse de dépôt et placement du Chemistry Industry Association of AGF Management Limited Québec Canada Agnico-Eagle Mines Ltd. Campbell Strategies Clairvest Group Inc. Algoma Central Corporation Canada Deposit Insurance Corporation Clearwater Fine Foods Inc. Alpha Group Canada Overseas Investments Limited CN Altus Group Canadian Association of Petroleum Coast Capital Savings Credit Union AON Consulting Producers Cogeco Inc. Frank Swedlove, President of the Canadian Life and Health Insurance Association and Joanne De Laurentiis, President & CEO of The Investment Funds Institute of Canada. 4 THE INSTITUTE’S SUPPORTERS ORGANIZATIONS CONTINUED Credit Union Central of Canada Four Halls Inc. Kinross Gold Corporation Deloitte Front Street Capital KPMG LLP Desjardins Group GE Canada La Jolla Resources International Ltd. Dessau Gibson Energy ULC Lehigh Hanson Materials Limited Deutsche Bank AG, Canada Branch Gluskin Sheff + Associates Inc. Maclab Enterprises Devon Canada Corporation Goal Group of Companies Manulife Financial Donner Canadian Foundation Grant Thornton LLP Maritz Canada Inc. E.H. Price Limited Greater Saskatoon Chamber of Max Bell Foundation E.I. du Pont Canada Company Commerce McCain Foods Limited Echo: Improving Women’s Health in Groupe Aeroplan McCarthy Tétrault LLP Ontario Harvard Developments Inc.,