Vancouver, BC - October 9, 2013 - The Asia Pacific Foundation of Canada expressed condolences today to the family and friends of the Honourable Paul Desmarais, who passed away yesterday at the age of 86. Mr. Desmarais was Chairman and Chief Executive Officer of the Power Corporation of Canada from 1968 to 1996, and the Founding Chairman of the Canada-China Business Council.
“Paul Desmarais understood the importance of China before even Chinese leaders were convinced that economic reform would lead to a better future. He understood the necessity of building long-term, trusted relationships with partners in China, not just for his own commercial interests, but for the larger ecosystem of Canada-China business relations,” said Mr. Yuen Pau Woo, APF Canada President and CEO.
Mr. Desmarais will be remembered for his tremendous contribution to the Canadian business world, as a pioneer in championing Canada's business relations with China, and as a generous philanthropist and leader in Quebec and Canadian civil society.
About APF Canada
The Asia Pacific Foundation of Canada is an independent, not-for-profit think tank on Canada’s relations with Asia. It brings together people and knowledge to provide current and comprehensive research, analysis and information on Canada’s transpacific relations. (www.asiapacific.ca)
For additional information, please contact:
Ms. Jillian Oliver
Asia Pacific Foundation of Canada