Purdy Crawford
Encyclopedia
Purdy Crawford, is a Canadian
lawyer and businessman.
Purdy Crawford, the "dean emeritus of Canada's corporate bar" is a native of Five Islands, Nova Scotia, and a graduate of Mount Allison University, Dalhousie Law School and Harvard Law School. He pursued his legal career with Osler, Hoskin & Harcourt
LLP, practising primarily in the corporate/commercial area. He joined Imasco as C.E.O. in 1985 - retiring as C.E.O. in 1995 but continuing as non-executive Chairman of Imasco Limited, CT Financial Services Inc. and Canada Trustco Mortgage Company
until February 1, 2000.
Crawford sits on the boards of several large Canadian companies. He was Chair of the Pan-Canadian Investors Committee for Third-Party Structured Asset Backed Commercial Paper, is the former Chair of the Five-Year Review Committee, appointed to review securities legislation in Ontario, and is also the former Chair of the Securities Industry Committee on Analyst Standards. In 1996 he became an Officer of the Order of Canada. He was inducted into the Business Hall of Fame of Nova Scotia in 1997 and became a Fellow of the Institute of Corporate Directors in 1999. In 2000 he was inducted into the Canadian Business Hall of Fame and named Ivey Business Leader of the Year. In April 2003 was named one of the five 2002 Public Policy Forum honorees and in October was named The Conference Board of Canada's 2003 Honorary Associate. In 2007 he received the Yee Hong Golden Achievement Award and was honoured as a Champion of Public Education by The Learning Partnership. He is Chancellor Emeritus of Mount Allison University.
, he received a Bachelor of Arts
degree from Mount Allison University
in 1952, a Bachelor of Laws
degree from Dalhousie Law School
in 1955, and a Master of Laws
from Harvard Law School
in 1956. He was called to the Bar of Nova Scotia
in 1956 and the Bar of Ontario in 1958. He was created a Queen's Counsel
in 1968.
as a student. Specializing in corporate and commercial law, he became an Associate Lawyer in 1958, Partner in 1962, and a Senior Partner from 1970 to 1985. He articled with Roland Ritchie
in Halifax and studied labour law at Harvard with Archie Cox who is best known as the Watergate prosecutor. From 1964 to 1968, he was a Special Lecturer at the Osgoode Hall Law School
of York University
and taught at the University of Toronto Law School from 1969 to 1971. In the early 1960s he worked with the Kimber Committee which recommended a new securities law for Ontario in 1965. He was involved in drafting the legislation to implement the Kimber recommendations. As a result a new Securities Act was enacted in Ontario and subsequently in other Provinces of Canada. This Securities Act is the foundation for securities law in Canada today.
He was the Chairman of the Atlantic Institute for Market Studies (AIMS), Chancellor of Mount Allison University
, and Chairman of AT&T Canada
Corporation. He was a corporate director for Canadian National Railway and is currently a member of the board of the Maple Leaf Foods, Inc.
. He is a former Governor of the University of Waterloo
.
He was chairman of the Ontario Government's Crawford Panel on a Single Canadian Securities Regulator
. Crawford acted as the lead negotiator for resolution of the Canadian financial institutions' crisis in Asset-Backed Commercial Paper, which was primarily caused by the fear created by the collapse in the subprime mortgage market in the United States
in 2007.
http://www.nsra-adnf.ca/cms/index.cfm?group_id=1230 (Imperial Tobacco, Imasco, and the Smuggling of Cigarettes into Canada)
"as the quintessential corporate philanthropist" and "as a caring and sensitive leader". In 2007, he was promoted to Companion of the Order of Canada.http://www.gg.ca/media/doc.asp?lang=e&DocID=5131 In 1997 he was inducted into the Nova Scotia Business Hall of Fame and the Canadian Business Hall of Fame
in 2000.
The Purdy Crawford Teaching Centre at Mount Allison University is named in his honour. Dalhousie University's Faculty of Law established the Purdy Crawford Chair in Business Law in his honour. He received an honorary degree
from University of New Brunswick
in 2010 http://oncampus.macleans.ca/education/2010/09/24/honourary-degrees-awarded-at-unbs-225th/.
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...
lawyer and businessman.
Purdy Crawford, the "dean emeritus of Canada's corporate bar" is a native of Five Islands, Nova Scotia, and a graduate of Mount Allison University, Dalhousie Law School and Harvard Law School. He pursued his legal career with Osler, Hoskin & Harcourt
Osler, Hoskin & Harcourt
Osler, Hoskin & Harcourt LLP is one of Canada’s largest business law firms practising nationally and internationally from its offices in Toronto, Calgary, Montreal, Ottawa, and New York. It is one of Bay Street's "seven sisters". Clients include industry and business leaders in all segments of the...
LLP, practising primarily in the corporate/commercial area. He joined Imasco as C.E.O. in 1985 - retiring as C.E.O. in 1995 but continuing as non-executive Chairman of Imasco Limited, CT Financial Services Inc. and Canada Trustco Mortgage Company
Canada Trust
CT Financial Services Inc. was a trust company that was founded in London, Ontario and later had its headquarters in Toronto, Ontario and operated in Canada through subsidiaries including Canada Trustco Mortgage Company and The Canada Trust Company...
until February 1, 2000.
Crawford sits on the boards of several large Canadian companies. He was Chair of the Pan-Canadian Investors Committee for Third-Party Structured Asset Backed Commercial Paper, is the former Chair of the Five-Year Review Committee, appointed to review securities legislation in Ontario, and is also the former Chair of the Securities Industry Committee on Analyst Standards. In 1996 he became an Officer of the Order of Canada. He was inducted into the Business Hall of Fame of Nova Scotia in 1997 and became a Fellow of the Institute of Corporate Directors in 1999. In 2000 he was inducted into the Canadian Business Hall of Fame and named Ivey Business Leader of the Year. In April 2003 was named one of the five 2002 Public Policy Forum honorees and in October was named The Conference Board of Canada's 2003 Honorary Associate. In 2007 he received the Yee Hong Golden Achievement Award and was honoured as a Champion of Public Education by The Learning Partnership. He is Chancellor Emeritus of Mount Allison University.
Education
Born in Five Islands, Nova ScotiaFive Islands, Nova Scotia
Five Islands is a rural community in Colchester County Nova Scotia with a population of 300 located on the north shore of the Minas Basin, home of the highest tides in the world...
, he received a Bachelor of Arts
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
degree from Mount Allison University
Mount Allison University
Mount Allison University is a primarily undergraduate Canadian liberal arts and science university situated in Sackville, New Brunswick. It is located about a half hour from the regional city of Moncton and 20 minutes from the Greater Moncton International Airport...
in 1952, a Bachelor of Laws
Bachelor of Laws
The Bachelor of Laws is an undergraduate, or bachelor, degree in law originating in England and offered in most common law countries as the primary law degree...
degree from Dalhousie Law School
Dalhousie Law School
The Schulich School of Law is part of Dalhousie University in Halifax, Nova Scotia, Canada. Formerly called Dalhousie Law School, it was established in 1883, making it the oldest university-affiliated common law school in the Commonwealth. It is the primary law school in Atlantic Canada and...
in 1955, and a Master of Laws
Master of Laws
The Master of Laws is an advanced academic degree, pursued by those holding a professional law degree, and is commonly abbreviated LL.M. from its Latin name, Legum Magister. The University of Oxford names its taught masters of laws B.C.L...
from Harvard Law School
Harvard Law School
Harvard Law School is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, it is the oldest continually-operating law school in the United States and is home to the largest academic law library in the world. The school is routinely ranked by the U.S...
in 1956. He was called to the Bar of Nova Scotia
Nova Scotia
Nova Scotia is one of Canada's three Maritime provinces and is the most populous province in Atlantic Canada. The name of the province is Latin for "New Scotland," but "Nova Scotia" is the recognized, English-language name of the province. The provincial capital is Halifax. Nova Scotia is the...
in 1956 and the Bar of Ontario in 1958. He was created a Queen's Counsel
Queen's Counsel
Queen's Counsel , known as King's Counsel during the reign of a male sovereign, are lawyers appointed by letters patent to be one of Her [or His] Majesty's Counsel learned in the law...
in 1968.
Law career
In 1956, he joined the law firm of Osler, Hoskin & HarcourtOsler, Hoskin & Harcourt
Osler, Hoskin & Harcourt LLP is one of Canada’s largest business law firms practising nationally and internationally from its offices in Toronto, Calgary, Montreal, Ottawa, and New York. It is one of Bay Street's "seven sisters". Clients include industry and business leaders in all segments of the...
as a student. Specializing in corporate and commercial law, he became an Associate Lawyer in 1958, Partner in 1962, and a Senior Partner from 1970 to 1985. He articled with Roland Ritchie
Roland Ritchie
Roland Almon Ritchie, CC was a Canadian lawyer and Justice of the Supreme Court of Canada.Born in Halifax, Nova Scotia, the son of William Bruce Almon Ritchie and Lillian Stewart, he received a B.A. from the University of King's College in 1930, a B.A. in 1932 from Oxford University, and was...
in Halifax and studied labour law at Harvard with Archie Cox who is best known as the Watergate prosecutor. From 1964 to 1968, he was a Special Lecturer at the Osgoode Hall Law School
Osgoode Hall Law School
Osgoode Hall Law School is a Canadian law school, located in Toronto, Ontario, Canada and affiliated with York University. Named after the first Chief Justice of Ontario, William Osgoode, the law school was established by The Law Society of Upper Canada in 1889 and was the only accredited law...
of York University
York University
York University is a public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, Ontario's second-largest graduate school, and Canada's leading interdisciplinary university....
and taught at the University of Toronto Law School from 1969 to 1971. In the early 1960s he worked with the Kimber Committee which recommended a new securities law for Ontario in 1965. He was involved in drafting the legislation to implement the Kimber recommendations. As a result a new Securities Act was enacted in Ontario and subsequently in other Provinces of Canada. This Securities Act is the foundation for securities law in Canada today.
Business career
In 1985, he became President and Chief Operating Officer of Imasco Ltd., becoming Chief Executive Officer in 1986, and Chairman, President and CEO in 1987. He retired as CEO in 1995 and as Chairman OF Imasco Ltd. in 2000.Recent years
He re-joined Osler as Counsel in 2000.He was the Chairman of the Atlantic Institute for Market Studies (AIMS), Chancellor of Mount Allison University
Mount Allison University
Mount Allison University is a primarily undergraduate Canadian liberal arts and science university situated in Sackville, New Brunswick. It is located about a half hour from the regional city of Moncton and 20 minutes from the Greater Moncton International Airport...
, and Chairman of AT&T Canada
AT&T Canada
AT&T Canada was a Canadian long-distance telephone service provider, the Canadian subsidiary of American telecommunications company AT&T Communications between the early 1990s and 2003. It was then renamed Allstream, as a result of AT&T's declining participation in the company. AT&T sold its...
Corporation. He was a corporate director for Canadian National Railway and is currently a member of the board of the Maple Leaf Foods, Inc.
Maple Leaf Foods
Maple Leaf Foods Inc. is a major Canadian food processing company, founded in 1927 as a merger of several major Toronto meat packers.-History:The company was originally known as Canada Packers...
. He is a former Governor of the University of Waterloo
University of Waterloo
The University of Waterloo is a comprehensive public university in the city of Waterloo, Ontario, Canada. The school was founded in 1957 by Drs. Gerry Hagey and Ira G. Needles, and has since grown to an institution of more than 30,000 students, faculty, and staff...
.
He was chairman of the Ontario Government's Crawford Panel on a Single Canadian Securities Regulator
Canadian securities regulation
Canadian securities regulation is managed through laws and agencies established by Canada's 13 provincial and territorial governments. Each province and territory has a securities commission or equivalent authority and its own piece of provincial or territorial legislation.Unlike any other major...
. Crawford acted as the lead negotiator for resolution of the Canadian financial institutions' crisis in Asset-Backed Commercial Paper, which was primarily caused by the fear created by the collapse in the subprime mortgage market in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
in 2007.
http://www.nsra-adnf.ca/cms/index.cfm?group_id=1230 (Imperial Tobacco, Imasco, and the Smuggling of Cigarettes into Canada)
Honours
In 1996, he was made an Officer of the Order of CanadaOrder 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...
"as the quintessential corporate philanthropist" and "as a caring and sensitive leader". In 2007, he was promoted to Companion of the Order of Canada.http://www.gg.ca/media/doc.asp?lang=e&DocID=5131 In 1997 he was inducted into the Nova Scotia Business Hall of Fame and the Canadian Business Hall of Fame
Canadian Business Hall of Fame
The Canadian Business Hall of Fame honours "Canada's most distinguished business leaders", selected by an independent panel representing Canadian business, academic and media institutions....
in 2000.
The Purdy Crawford Teaching Centre at Mount Allison University is named in his honour. Dalhousie University's Faculty of Law established the Purdy Crawford Chair in Business Law in his honour. He received an honorary degree
Honorary degree
An honorary degree or a degree honoris causa is an academic degree for which a university has waived the usual requirements, such as matriculation, residence, study, and the passing of examinations...
from University of New Brunswick
University of New Brunswick
The University of New Brunswick is a Canadian university located in the province of New Brunswick. UNB is the oldest English language university in Canada and among the first public universities in North America. The university has two main campuses: the original campus founded in 1785 in...
in 2010 http://oncampus.macleans.ca/education/2010/09/24/honourary-degrees-awarded-at-unbs-225th/.