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Purdy Crawford, CC (born November 7, 1931) is a Canadianmarker 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.

Mr. Crawford sits on the boards of several large Canadian companies. He is 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. He is Chancellor Emeritus of Mount Allison University.

Education

Born in Five Islands, Nova Scotiamarker, he received a Bachelor of Arts degree from Mount Allison Universitymarker in 1952, a Bachelor of Laws degree from Dalhousie Law Schoolmarker in 1955, and a Master of Laws from Harvard Law Schoolmarker in 1956. He was called to the Bar of Nova Scotiamarker in 1956 and the Bar of Ontario in 1958. He was created a Queen's Counsel in 1968.

Law career

In 1956, he joined the law firm of Osler, Hoskin & Harcourt 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 and studied labour law with Archie Cox. From 1964 to 1968, he was a Special Lecturer at the Osgoode Hall Law Schoolmarker of York Universitymarker and taught at the University of Toronto Law Schoolmarker from 1969 to 1971.

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, 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 Waterloomarker.

He was chairman of the Ontario Government's Crawford Panel on a Single Canadian Securities Regulator. Crawford is acting as the lead negotiator for resolution of the Canadian financial institutions' crisis in Asset-Backed Commercial Paper, which was primarily caused by the collapse in the subprime mortgage market in the United Statesmarker in 2007.

Honours

In 1996, he was made an Officer of the Order of Canada "as the quintessential corporate philanthropist" and "as a caring and sensitive leader". [301613] In 2007, he was promoted to Companion of the Order of Canada.[301614] 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.

References




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