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Stephen Jarislowsky, Champion of Shareholder Rights, Dies at 101

His work shifted power toward institutional investors and changed how Canadian boards and takeover offers are contested

Overview

  • Canadian outlets reported that Stephen Jarislowsky has died aged 101, noting his long public role as an investor, philanthropist and corporate‑governance advocate.
  • He built Jarislowsky Fraser from a small corporate‑data service into one of Canada’s largest asset managers and led the firm for more than six decades.
  • Jarislowsky repeatedly challenged major Canadian business figures and family‑controlled companies by publicly pressing for higher takeover offers and stronger board accountability.
  • In 2002 he co‑founded the Canadian Coalition for Good Governance to give large institutional shareholders a formal voice on executive pay, board composition and takeover rules.
  • His 2018 sale of Jarislowsky Fraser to Scotiabank and his philanthropy, including dozens of endowed research chairs, leave both an institutional footprint in finance and a lasting public legacy.