IIAC Blog

April 2, 2019

Remembering Charles Loewen (1932 – 2019)

In Memoriam: It is with deep sadness we observe the passing of Charles Loewen.

Charles was a titan of the industry for many years, as well as a pioneer in his field. Having enjoyed a long career at the firm Pitfield, McKay, Ross, Charles then became a founding member of Loewen, Ondaatje, McCutcheon & Company (LOM) with Christopher Ondaatje and Fred McCutcheon. LOM would become the first independent research-based institutional equity firm in Canada. Charles would continue to press forward with his entrepreneurial spirit to found Loewen & Partners in 2001, providing corporate finance services to growth companies seeking private equity financing. He had a passion for finance and loved putting people and deals together. Throughout his life, he was a major supporter of Canadian entrepreneurs and ensuring their ability to access growth capital within the Canadian market.

Charles was a former governor of the Toronto Stock Exchange and served as a director and senior advisor for numerous private and public companies. He was awarded the Queen’s Jubilee Medal for Contribution to the Financial Industry in Canada in 2012.

The IIAC will be forever grateful for Charles’ generosity of time and guidance as a former director of the Investment Dealers Association of Canada. We would like to extend our heartfelt condolences to Charles’ family. He will be dearly missed.

A memorial service will be held at Grace Church on-the-Hill, 300 Lonsdale Road, on Saturday April 6 at 1 pm. Reception to follow at 135 St. George Street. In lieu of flowers, please make a donation to the Alzheimer Society of Canada.