David
Leedom
Helliwell
Born [location unknown]
Ancestors 
Brother of
[private brother (1930s - unknown)]
[spouse(s) unknown]
[children unknown]
Died
at age 58
[location unknown]
Profile last modified
| Created 18 Mar 2020
This page has been accessed 820 times.
Biography
David Helliwell is/was a significant British Columbian.
David was born in 1935. He was the son of John Helliwell.
His obituary in the Globe and Mail read: [1]
- David Helliwell
- Served as president of B.C. Resources
- A memorial service will be held in Vancouver today for David Helliwell, once the best known business executive in British Columbia during the his leadership of the ill-fated B.C. Resources Investment Corp. in 1979 and 1980. Mr. Helliwell, 58, died of stomach cancer on Dec. 30.
- An accounant, he left Stell Bros. Canada to become the first president and CEO of B.C. Resources, created by former premier William Bennett's Social Credit government to hold a collection of privatized Crown assets. Every resident of B.C. was offered free shares.
- "He almost became public property for a time. He had half a billion dollars burning a hole in his pocket and everyone telling him how to spend it," recalls David Mitchell, independent MLA and former BCRIC executive.
- "His inexperience was taken advantage of by Edgar Kaiser (Jr.) and others in the ill-fated buyout of Kaiser Resources. So much debt was takon on, it was the beginning of the end for B.C. Resources. He never played the corporate political games the way other CEOs did, and lot of people felt he received a bad rap for his difficult and tumultuous years at the helm."
- Ironically, on of the Kaiser coal mining lures at the time was the pending sale of its stake in North Sea oil. But B.C. Resources did not confirm the sale; it collapsed, saddling B.C. Resources with ruinousw exploration and development funding obligations.
- More recently, Mr. Helliwell was a partner in the investment consulting firm Investax, chairman of the Salvation Army Grace Hospital board and a director of Seaboard Life Insurance Co. He was captain of the Canadian eight-oared crew that won a silver medal at the 1956 Olympics.
- He leaves his wife, Margaret, and children Kerby, Wendy, Cathy, Marnie and John.
Sources
- ↑ Obituary/David Helliwell - Served as president of B.C. Resources, The Globe and Mail, Toronto, Ont., 5 Jan 1994, page A11
- Wikipedia: Wikipedia:David_Helliwell
- Memorial plaque on a bench in Helliwell Provincial Park, Hornby Island, B.C.
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Featured National Park champion connections: David is 16 degrees from Theodore Roosevelt, 21 degrees from Stephanus Johannes Paulus Kruger, 14 degrees from George Catlin, 19 degrees from Marjory Douglas, 25 degrees from Sueko Embrey, 13 degrees from George Grinnell, 22 degrees from Anton Kröller, 15 degrees from Stephen Mather, 23 degrees from Kara McKean, 19 degrees from John Muir, 17 degrees from Victoria Hanover and 27 degrees from Charles Young on our single family tree. Login to find your connection.
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Categories: British Columbia, Notable Athletes | British Columbia, Business Figures | Canadian Olympic Hall of Fame | Olympic Silver Medalists