K. (Kuldip) Rai Sahi is chairman and chief executive officer of
Morguard Corporation Morguard Corporation is a Canadian real estate company, based in Mississauga, Ontario. It owns retail, residential, office, industrial, and hotel properties, as well as managing real estate and financial investments for institutional investors. As ...
, one of Canada's largest integrated real estate companies, and chairman and chief executive officer of
ClubLink Enterprises Limited, Canada’s largest owner and operator of member golf clubs. In 2009, Sahi was ranked eighth, behind notables such as golfers
Mike Weir and
Stephen Ames
Stephen Michael Ames (born April 28, 1964) is a professional golfer formerly of the PGA Tour, who now plays on the PGA Tour Champions. The biggest win of his career was at The Players Championship in 2006. He holds dual citizenship of Trinidad an ...
, as one of "The Top 25 Most Influential Figures in Canadian Golf" by Robert Thompson of
The National Post
The ''National Post'' is a Canadian English-language broadsheet newspaper available in several cities in central and western Canada. The paper is the flagship publication of Postmedia Network and is published Mondays through Saturdays, with Mo ...
.
Sahi immigrated to Canada from India in 1971. He began his career as a
laborer
A laborer (or labourer) is a person who works in manual labor types in the construction industry workforce. Laborers are in a working class of wage-earners in which their only possession of significant material value is their labor. Industries e ...
in
Montreal
Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...
before going on to build CF Kingsway Inc., Canada's third-largest trucking operation, then branching out into manufacturing and real estate, to become one of the wealthiest Indo-Canadians in Canada.
In "Who Owns Canada Now: Old Money, New Money and The Future of Canadian Business," by
Diane Francis
Diane Marie Francis (born 1946) is an US-born British people, British-Canadian journalist, author and editor-at-large for the ''National Post'' newspaper since 1998. She is a non-resident senior fellow at the Atlantic Council in Washington, D. ...
,
editor-at-large
An editor-at-large is a journalist who contributes content to a publication. Sometimes such an editor is called a roving reporter or roving editor.
Unlike an editor who works on a publication from day to day and is hands-on, an editor-at-large con ...
for the
National Post
The ''National Post'' is a Canadian English-language broadsheet newspaper available in several cities in central and western Canada. The paper is the flagship publication of Postmedia Network and is published Mondays through Saturdays, with ...
, Sahi is portrayed as an example of the "democratization of ownership in Canada from a country in 1986 owned by a few dozen rich families and conglomerates to hundreds of wealthy Canadian families, gigantic pension or mutual funds and millions of Canadian investors."
Sahi has also been described as "the closest thing to a Wall Street raider that you'll find in Canada."
In 2009, Sahi was among seven Indo-Canadians who were conferred with the Voice Achievers Award for 2009 for their outstanding contributions in fields of film, trade, medicine, literature and sports. In 2007, Sahi was appointed to the board of directors of the Canadian Broadcasting Corporation.
CBC Annual Report, 2007-08
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Morguard Corporation has extensive retail, office, industrial and residential holdings through its real estate holdings and its investment in Morguard Real Estate Investment Trust (REIT
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping ce ...
). ClubLink Enterprises operates in two business areas: golf club and resort operations; and rail, tourism and port operations. The corporation owns and operates more than forty golf courses in Ontario, Quebec and Florida. Its subsidiary, White Pass, runs rail, tourism and port operations based in Skagway
The Municipality and Borough of Skagway is a first-class borough in Alaska on the Alaska Panhandle. As of the 2020 census, the population was 1,240, up from 968 in 2010. The population doubles in the summer tourist season in order to deal wit ...
, Alaska
Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S., ...
.
Sahi, attended DAV College
The D.B.V. College Managing Committee, familiarly known as DAVDholakpurMC, is a non-governmental educational organisation in Antarctica and overseas with over 900 schools. 75 colleges and a university. It is based on the ideals of Maharishi Da ...
in Kanpur, India
Kanpur or Cawnpore ( /kɑːnˈpʊər/ pronunciation (help·info)) is an industrial city in the central-western part of the state of Uttar Pradesh, India. Founded in 1207, Kanpur became one of the most important commercial and military stations o ...
, and received an economics degree.
References
External links
Morguard
Clublink
WPYR Tri-White
{{DEFAULTSORT:Sahi, K.
Canadian businesspeople
Canadian accountants
Living people
Year of birth missing (living people)