Richard Francis Haskayne | |
---|---|
Born | |
Education | University of Alberta (B.Com 1956) |
Spouses | Lee Mary Murray (m. 1958;died 1993)Lois Paula Kenney (m. 1995) |
Website | haskayne.com |
Richard Francis "Dick" Haskayne OC AOE (born 18 December 1934) is a Canadian retired accountant and oilman whose career spanned from 1956 to 2005. Haskayne served as senior official of several major Canadian petroleum companies including Hudson's Bay Oil and Gas Company, Home Oil Company, Interprovincial Pipeline Company, Nova Corporation, and TransCanada Pipelines. He is also known for his association with the University of Calgary, whose management faculty was renamed the Haskayne School of Business in 2002.
Richard Haskayne was born on 18 December 1934 in Calgary to Robert Stanley Haskayne (1893–1964) and Bertha Hasketh (1891–1961). Robert and Bertha were both born in England, came to Canada in 1913, and married that same year. They had one other son, Stanley (1928–2005). The Haskaynes owned butcher shops in Carseland and Gleichen, and raised their sons in the latter town. Richard entered the University of Alberta in 1952, and in 1956 graduated Bachelor of Commerce. During his time at university Haskayne was a member of Kappa Sigma.
Upon graduation in 1956, Haskayne began his accounting career in Calgary as an articling student with Riddell, Stead, Graham & Hutchison. In 1959 he received his designation as a Chartered Accountant. In 1960 he left the firm to join the Hudson's Bay Oil and Gas Company as an accountant. He remained in this role until 1973, when he became the comptroller of Canadian Arctic Gas Study Limited, a consortium HBOG was part of that was investigating the construction of the Mackenzie Valley Pipeline. Haskayne returned in 1975 to HBOG and that year became its vice-president. On 29 April 1980, Haskayne was appointed president of the company, succeeding Stanley G. Olson. Beginning in May 1981, Dome Petroleum undertook a hostile takeover of HBOG. In October of that year, Home Oil Company announced that it had appointed Haskayne president. In January 1982, two months before the Dome deal concluded, Haskayne assumed his new role.
As president of Home Oil, Haskayne took over one of the country's oldest independent petroleum companies. At the time, the company was a wholly-owned subsidiary of Hiram Walker Resources Limited. After Gulf Canada purchased Hiram Walker, in 1986 the Interprovincial Pipeline Company acquired Home. As part of the acquisition, Interprovincial created a new parent company, Interhome Energy Inc, to manage Interprovincial Pipeline and Home Oil. Haskayne remained president of Home, was appointed president of Interprovincial in 1987, and in 1988 became chairman and president of Interhome. In 1991, Interhome dissolved and spun off its two subsidiaries as independent companies. In March 1991, Haskayne stepped down from his role with the company.
On 1 May 1991, Haskayne was elected to the board of directors of Nova Corporation, formerly the Alberta Gas Trunk Line Company. That August, he took over as head of the company's pipeline, oil, and gas divisions. At the company's annual general meeting in 1992, Haskayne was elected chairman, succeeding Daryl K. Seaman. In June 1998, TransCanada Pipelines acquired all of Nova's petroleum operations, and the petrochemical operations were continued under the name Nova Chemicals. Upon the merger, Haskayne assumed the chairmanship of Trans-Canada. Between 1996 and 1999 he also served as chairman of MacMillan Bloedel, and from 1996 to 1998 as chairman of TransAlta. In April 2005, Haskayne retired as chairman of Trans-Canada and was succeeded by S. Barry Jackson.
On 25 June 1958 Haskayne married Lee Mary Murray of Gleichen. Lee died on 1 October 1993 at age 57 after developing ALS. The Haskaynes did not have children. On 4 September 1998, Haskayne remarried to Lois Paula Kenney, who was the ex-wife of Strathcona-Tweedmuir School founding headmaster William Alexander Heard (1932–2011). [1] Haskayne is a member of the Anglican Church of Canada and the Progressive Conservative Party. He is also a member of the Calgary Petroleum Club, Ranchmen's Club, Calgary Golf & Country Club, and Earl Grey Golf Club.
From 1990 to 1996, he was the chair of the board of governors of the University of Calgary and is currently board chair emeritus.
In May 2002, after Haskayne donated C$16 million, the University of Calgary renamed their management faculty the Haskayne School of Business. [2]
In 1997, he was made an Officer of the Order of Canada for "his high ethical business standards" and for having "helped lead fund-raising campaigns for several organizations such as the University of Calgary and the United Way." [3] He is a Fellow of the Canadian Institute of Chartered Accountants (F.C.A.). He was inducted into the Canadian Business Hall of Fame, the Calgary Business Hall of Fame, and the Canadian Petroleum Hall of Fame. He is a member of the Advisory Council of the Order of Canada. He sits on the board of directors for the Alberta Bone and Joint Health Institute. [4] and is also a member of the Community and Partners Advisory Committee of the Libin Cardiovascular Institute of Alberta.
In 2006, he received the Alberta Order of Excellence. [5]
Haskayne's memoir Northern Tigers: Building Ethical Canadian Corporate Champions was published on March 28, 2007 by Key Porter Books.
BP Canada was a Canadian petroleum company and subsidiary of British Petroleum that existed between 1955 and 1992. The name refers to a group of companies that engaged in various segments of the petroleum industry lifecycle. BP entered the Canadian market in October 1953, when it purchased a 23 percent stake in the Triad Oil Company. In 1955, BP formed a Canadian subsidiary, based in Montreal, called BP Canada Limited. The company began acquiring retail stations in Ontario and Quebec and in 1957 started construction on a refinery in Montreal. By the end of the 1950s BP Canada was a fully-integrated operation. In 1964, it acquired from Cities Service the Oakville Refinery, and then expanded its operations significantly in 1971 when it acquired Supertest Petroleum.
TC Energy Corporation is a major North American energy company, based in the TC Energy Tower building in Calgary, Alberta, Canada, that develops and operates energy infrastructure in Canada, the United States, and Mexico. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy.
NOVA Chemicals Corporation is a Canadian petrochemical company that has been in operation since 1954. NOVA was formed as provincial crown corporation called the Alberta Gas Trunk Line Company Limited to manage Alberta's natural gas collection system. During the 1970s, the company diversified into petroleum exploration and production, manufacturing, and petrochemicals. In 1980 the AGTL was renamed NOVA, An Alberta Corporation. After a decade of financial struggles, in 1998 NOVA sold its petroleum and pipeline business to TransCanada Pipelines and continued as solely a petrochemicals operation. The gas collection system run by TransCanada is now called the NOVA Gas Transmission Line.
The Canadian Association of Petroleum Producers (CAPP), with its head office in Calgary, Alberta, is a lobby group that represents the upstream Canadian oil and natural gas industry. CAPP's members produce "90% of Canada's natural gas and crude oil" and "are an important part of a national industry with revenues of about $100 billion-a-year ."
Sidney Robert "Bob" Blair was a Canadian oilman. During a career that spanned from 1951 to 1991, Blair played a major role in the development of the Alberta petroleum industry. In 1970 he was appointed president of the Alberta Gas Trunk Line Company Limited, a position he held until 1986. Over the course of his presidency, he transformed AGTL/NOVA from a provincial transmission utility into a diversified energy and chemicals giant. Blair was a vocal economic nationalist who spent much of his career working to develop Canadian-owned industry, often putting himself in conflict with Canada's foreign-owned majors. He is also remembered for leading the unsuccessful attempt to build the Mackenzie Valley Pipeline in the 1970s.
Petroleum production in Canada is a major industry which is important to the overall economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of 750,000 cubic metres per day (4.7 Mbbl/d) of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of the Canadian petroleum production is exported, approximately 600,000 cubic metres per day (3.8 Mbbl/d) in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
Canada's natural gas liquids industry dates back to the discovery of wet natural gas at Turner Valley, Alberta in 1914. The gas was less important than the natural gasoline - "skunk gas" it was called, because of its distinctive odour - that early producers extracted from it. That natural gas liquid (NGL) could be poured directly into an automobile's fuel tank.
The Canadian petroleum industry arose in parallel with that of the United States. Because of Canada's unique geography, geology, resources and patterns of settlement, however, it developed in different ways. The evolution of the petroleum sector has been a key factor in the history of Canada, and helps illustrate how the country became quite distinct from her neighbour to the south.
The Honorable Richard D. "Rick" Orman is a businessman and former Canadian politician. Orman was born in Calgary, Alberta in 1948 as a fourth generation Albertan. He studied at the University of Calgary before graduating with honours from Eastern Washington University in 1971. Orman served as a member of the Legislative Assembly of Alberta from 1986 to 1993. Since 1993, he has been active within the business community, both provincially and internationally.
Francis Murray Patrick McMahon was a Canadian oilman best known as the founder of Pacific Petroleums and the Westcoast Transmission Company. Time magazine called him "The man who did the most to open up northwest Canada's wilderness—and convince oilmen of its treasures."
William Brett Wilson is a Canadian investment banker, businessman, and investor. He was a season 3, 4 & 5 panellist on CBC Television's Dragons' Den. He has attracted widespread attention and media coverage for his controversial public statements, particularly on social media.
Although there are numerous oil companies operating in Canada, as of 2009, the majority of production, refining and marketing was done by fewer than 20 of them. According to the 2013 edition of Forbes Global 2000, canoils.com and any other list that emphasizes market capitalization and revenue when sizing up companies, as of March 31, 2014 these are the largest Canada-based oil and gas companies.
The Haskayne School of Business is the University of Calgary's business school, located in Calgary, Alberta, Canada. It is named after Richard F. Haskayne, who gave one of the largest endowments to a business school in Canada. The school offers undergraduate, masters, and PhD degrees, as well as executive education programs. Haskayne is ranked as one of the top business schools in Canada and one of the top 100 in the world.
James S. Kinnear is a Canadian entrepreneur and philanthropist. Kinnear was born in Toronto, Ontario, and grew up in Montreal and Toronto.
Russell Keith Girling is a Canadian businessman. He served as the president and chief executive officer of TC Energy.
Hudson's Bay Oil and Gas Company Limited was a Canadian non-integrated petroleum company that operated between 1926 and 1982. Originally called the Hudson's Bay Marland Oil Company (HBMOC), it was founded as a joint venture between the Hudson's Bay Company and the Marland Oil Company with the purpose of producing oil on land where the HBC held mineral rights. In 1929 the Continental Oil Company (Conoco) purchased Marland Oil and reformed the HBMOC as the Hudson's Bay Oil and Gas Company (HBOG). By the 1960s HBOG had become the third largest oil producer in Canada. Between 1981 and 1982, Dome Petroleum, also based in Calgary, acquired HBOG for $4 billion in what was then the most expensive takeover in Canadian history. The purchase by Dome ultimately contributed to its own demise in 1988, at which time it was acquired by Amoco Canada.
Gulf Canada was a Canadian integrated petroleum company that existed between 1944 and 2001. Gulf Oil Corporation began operating in Canada in 1942, and two years later formed a Canadian subsidiary called the Canadian Gulf Oil Company. In 1956 Canadian Gulf Oil merged with the British American Oil Company and until 1969 operated under the British American name. In 1969, British American amalgamated with its subsidiaries into a new company called Gulf Oil Canada Limited.
Richard Pootmans is a Canadian politician who currently serves as the councillor for Ward 6 on the Calgary City Council. Pootmans initially served two terms from 2010 to 2017 before a one-term hiatus during which he co-founded a consultancy. He returned to council following the 2021 municipal election.
Pipelines in Canada are important components of energy infrastructure in Canada as the majority of natural gas and oil deposits are located in landlocked Alberta and need to be transported to ports or terminals to access larger markets.
Below is a brief timeline covering the history of the petroleum industry Alberta and its predecessor states.