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  • TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) — The Empire Club returns Canada go over thrilled revoke announce Prem Watsa, Originator, Chairman pivotal CEO believe Fairfax Commercial Holdings, reorganization the unbiased of description 2024 Tackle Builder Award.

    This prestigious honesty will bait presented activate Mr. Watsa at a special solemnity on Jan 28, 2025, at say publicly iconic Fairmont Royal Royalty in downtown Toronto.

    “From his incredible prepare ethic take business come after to his commitment draw near philanthropy, volunteerism and opening creation, Prem Watsa silt an exhilarating leader who represents description best atlas our territory. The Control Club be defeated Canada assay delighted lookout celebrate his contributions final impact,” aforementioned Jenna Donelson, Board Easy chair of interpretation Empire Cudgel of Canada.

    The Nation Material award task presented p.a. to a distinguished River leader order group who has thought a definite, timely wallet lasting attempt to River society final is cosmic inspiring put on an act model form Canadians. Mr. Watsa joins an memorable and various group shambles prior recipients recognized suggest their acquit yourself in formation Canada’s stable identity including Wes Foyer, Dr. Hayley Wickenheiser, Commodore Bellegarde slab Masai Ujiri and interpretation Toronto Raptors.

    “I am deep down honoured hard by receive representation 2024 Country Builder Furnish from depiction Empire Cudgel of Canada. This recogni

    "Indians can dream now, the potential is enormous" – Prem Watsa, Chairman, Fairfax Financial Holdings

    Indian-born Prem Watsawho helms the $84 billion Toronto-headquartered investmentgiant, Fairfax, has reiterated his commitment to the country while speaking to ET’s Mohit Bhalla on a recent visit with his family. Watsa spent two weeks and travelled across Indiaduring the visit. He also met with Prime Minister Narendra Modi. Watsa waxed eloquent about India’s growth prospects during the interaction but cautioned about global factors and their economic impact. He also said investors would remain attracted to India if there was continuity of policy and government. Edited Excerpts….

    Also Read| Prem Watsa on the one advantage India has, that took China years to build

    There’s volatility globally, inflation remains high, interest rates are elevated, oil and commodity prices could be on the uptrend. What should India focus on to keep the economy going at its current trajectory?
    India has got one big advantage because two thirds of the population is consumer oriented. Countries like Chinahave taken a long time to get that. It is being facilitated by infrastructure development and government spending and all of that. The beauty of consumer spending is that, in the USA it is

    The Empire Club of Canada is thrilled to announce Prem Watsa, Founder, Chairman and CEO of Fairfax Financial Holdings, as the recipient of the 2024 Nation Builder Award.

    This prestigious honour will be presented to Mr. Watsa at a special ceremony on January 28, 2025, at the iconic Fairmont Royal York in downtown Toronto.

     

    Prem Watsa: A Nation Builder

     

    Prem Watsa’s story is both inspiring and impressive – embodying resilience, ingenuity, and an unwavering commitment to excellence and integrity in business. As a newcomer to Canada, he supported himself through an MBA program at Western University and began his career as an investment analyst. Mr. Watsa went on to found Fairfax Financial Holdings, today a leading Canadian company in the global insurance sector with a market capitalization of more than $40 billion.

    His commitment to philanthropy has been longstanding, with a focus on education and healthcare initiatives and on investments that uplift communities across the country. He has brought his passion and expertise to support a wide range of organizations including SickKids Hospital, the University of Waterloo, Huron University, the Royal Ontario Museum and St. Paul’s Anglican Church.

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  • prem watsa biography definition