Jean Ivan Gouin

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Jean Yvon (Ivan) Gouin
Roger Gouin

Martin Gouin
Elaine Busch
Renee Katz
Colette Gouin
Parent(s)Rudolph and Rose Alma Gouin

Jean Yvon (Ivan) Gouin (February 15, 1916 – November 11, 2007) was a Canadian businessman and investor. He was the founder of North American Road Ltd., which grew to be one of the largest mining, heavy construction, industrial, piling and pipeline firms in Canada.

Early life

Gouin was born to a

Catholic family on February 15, 1916 in Vimy, Alberta, one of seven children of Rudolph and Rose Alma Gouin.[1] In 1938, he worked at a grain elevator and in 1940, he purchased a general store with his sister.[1] During World War II, he joined the Canadian Army and served in Ontario.[1] After the war, he returned to work at his store.[1]

Career

In 1953, Gouin sold his store

Oil Sands development in the Fort McMurray area.[3] Thereafter, they expanded into mining, pipelines and foundation piles.[2] In 1972, Gouin purchased his brother's share of the business.[1] In 1980, Gouin sold the company to his two sons. In 2003, the company was sold to a Texas-based international investment group for around CAD 405 million.[4] At the time, North American Road Ltd had invested heavily in the mining industry incurring high levels of debt when Prime Minister Pierre Trudeau implemented the National Energy Program which put a heavy tax burden on energy companies who then pulled back on their capital investments making it difficult for North American Road Ltd to meet its debt obligations.[2]

Personal life

In 1948,

Slovenian[5] immigrant from Yugoslavia.[1] They had two sons, Roger Gouin and Martin Gouin, and three daughters, Elaine Busch, Renee Katz and Colette Gouin.[1] His daughter Renee is married to Canadian billionaire and Edmonton Oilers owner, Daryl Katz.[6]

Gouin died on November 11, 2007.[1]

Legacy

In 2006, through an

IPO, the then renamed North American Energy Partners (NAEP) became a publicly traded company, listed on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker NOA.[2] In 2012, Gouin was inducted into the Alberta Business Hall of Fame.[7]

Gouin's creed was: "Be fair, but be firm. And plan the next day."[2]

References

  1. ^ a b c d e f g h i j "Jean Yvon (Ivan) Gouin: Obituary". National Post. November 11, 2007.
  2. ^ a b c d e Lees, Nick (April 11, 2012). "Gouin, Golosky beat the odds and became business stars" Archived 2013-10-04 at the Wayback Machine. Edmonton Journal.
  3. ^ a b c "History"[permanent dead link]. North American Construction Group. retrieved March 13, 2013
  4. ^ "History and Development of the Company". North American Energy Partners. June 26, 2009
  5. YouTube
    minute 2:28
  6. ^ McConnell, Rick; MacKinnon, John; Lamphier, Gary (December 17, 2012). "Daryl Katz: reclusive billionaire" Archived 2013-10-04 at the Wayback Machine. Edmonton Journal.
  7. ^ Alberta Business Hall of Fame Inductees 2012: Ivan, Roger & Martin Gouin- North American Construction Group retrieved March 30, 2013

External links

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