K. (Kuldip) Rai Sahi is a Canadian business man. He serves as 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. ...

, one of Canada's largest integrated real estate companies, and chairman and chief executive officer of ClubLink Enterprises Limited, Canada’s largest owner/operator of member golf clubs. In 2009, Sahi ranked eighth among "The Top 25 Most Influential Figures in Canadian Golf".

Early life

Sahi, attended

DAV College The D.A.V. College Managing Committee, commonly known as DAVCMC, is a non-governmental educational organisation in India and overseas with over 900 schools, 75 colleges and a university. It is based on the ideals of Dayananda Saraswati and Ar ...

Kanpur, India Kanpur ( Hindustani: ), originally named Kanhapur and formerly anglicized as Cawnpore, is the second largest city of the Indian state of Uttar Pradesh after Lucknow. It was the primary financial and commercial centre of northern India. Founded ...

, and received an economics degree. Sahi immigrated to Canada from India in 1971.

Career

He began his career as a

laborer A laborer ( or labourer) is a person who works in manual labor typed within the construction industry. There is a generic factory laborer which is defined separately as a factory worker. Laborers are in a working class of wage-earners in whic ...

Montreal Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cit ...

. He moved on to build CF Kingsway Inc., Canada's third-largest trucking operation. He then branched into manufacturing and real estate to become one of Canada's wealthiest Indo-Canadians. Sahi is 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 awarded 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.

Businesses

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, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

). ClubLink Enterprises conducted operations 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 White Pass, also known as the Dead Horse Trail (elevation ), is a mountain pass through the Boundary Ranges of the Coast Mountains on the border of the U.S. state of Alaska and the province of British Columbia, Canada. It leads from Skagway, Ala ...

, (Sold to Carnival in 2018 with $290 Million US.)https://www.cbc.ca/news/canada/north/white-pass-train-sold-carnival-1.4696188 owned and operated rail, tourism and port operations based in

Skagway The Municipality and Borough of Skagway is a 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 with the large ...

Alaska Alaska ( ) is a non-contiguous U.S. state on the northwest extremity of North America. Part of the Western United States region, it is one of the two non-contiguous U.S. states, alongside Hawaii. Alaska is also considered to be the north ...

References

External links

Morguard

Clublink

WPYR Tri-White

{{DEFAULTSORT:Sahi, K. Canadian businesspeople Canadian accountants Living people Year of birth missing (living people) Dayanand Anglo-Vedic Schools System alumni Indian emigrants to Canada People from Kanpur