David M. Culver
Chairman of the Board CAI Capital Corporation
Companions of the Order of Canada
Appointed in 1988 for his work to improve economic ties between Canada and the Pacific Rim countries as Chairman of the Business Council on National Issues.
Nommé en 1988, il s'est consacré, à titre de président du Conseil canadien des chefs d'entreprises, à l'amélioration des relations entre le Canada et les pays en bordure du Pacifique.
Is a chief executive of the Business Council on National Issues as of March 1st, 2000
--- David Culver Stories ---
David M. Culver writes about our great city
Almost everybody loves Montreal - almost nobody is willing to
invest in it.
11 Apr 1996 Expo, Olympics and, yes, the Westmount Library, Molson Centre and more soon.
12 Sept 1996 The natural destiny of Montréal is to be the Geneva of the 21st century
Friday 10 March 2000 PVM is city's best corporate address by
L. IAN MACDONALD ... Alcan moved uptown in the mid-1980s to its heritage headquarters on Sherbrooke St., a pet project of its former CEO, David Culver.
Alcan Aluminium Ltd.'s play for Alusuisse Lonza Group Ltd. (Algroup), which rose out of the ashes of the failed 3-way merger with France's Pechiney SA bore fruit yesterday, but only after Alcan cranked up its offer by about 5 per cent for the Swiss firm.
Alcan has secured a lockup agreement with Algroup chairman Martin Ebner's BZ Group Holding Ltd. and its affiliates, which control 34 per cent of the company's stock.
But a final hurdle has yet to be cleared, a special meeting of shareholders in July in Switzerland. Alcan's offer is conditional on 67 per cent of Algroup's shares being tendered.
Saturday 3 June 2000 Ouch! Apologies to David Culver, the man who helped build Alcan into a
world power and, until 1989, the company's chairman. Our business
section used a wire photo from New York yesterday showing New York
stock-exchange officials and Alcan executives celebrating the
company's 50 years listed on the exchange.
The Associated Press photo caption failed to identify Culver (in his
trademark bow tie), but we should have known better. The other
unidentified man next to Mr. Culver was Alcan retiree Alva Chiasson.
- Alan Allnutt
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Friday 2 June 2000
Alcan president Jacques Bougie (centre) rang the closing bell on the New York Stock Exchange yesterday as the company celebrated 50 years of being listed. He was joined by an unidentifed man at left, Suresh Thadhani, Alcan's chief financial officer, NYSE chairman Richard Grasso and William Johnston, president of the NYSE. Two men at right are unidentified.
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The Montreal Gazette
Board of Business Contributors Column for September
12th, 1996
At long last - and hopefully not too late - the Montréal
problem is receiving attention from a wide cross-section of Québec
society. And, while goodwill is often hard to find in the separation
and language debates, there is plenty of it available when it
comes to getting Montréal back on track.
The determination of Québecers to revitalize Montréal
is becoming more evident by the day. It is critical that this
energy be used to propel our city toward what is its natural
destiny and vocation. It must not be wasted on efforts to turn
Montréal into something for which it is not suited.
These are the things we should NOT do. We should not compete
with Toronto for the head offices of purely Canadian businesses.
That day has passed. Montréal is not the best place from
which to run an enterprise that sells its products and services
only in Canada. Secondly, we should not expect Ottawa to spend
money to cure a problem that it had little, if anything, to do
with creating. Montréal is a made-in-Québec problem
and it can be put right by we Québecers.
Now for the things that we SHOULD do. They are all based on an
accurate assessment of the true and natural destiny of Montréal.
If we can get the assessment right, and if we can get all Québecers
to buy into that assessment, and if we then support everything
that gets us there, the next century will belong to Montréal.
The true and natural destiny of Montréal is to be the Geneva
of the 21st century - the preferred city from which
to run global enterprises - a magnet for young people who seek
to use the new technologies as a means of making their individual
mark on the world stage. A French city that confidently welcomes
all languages, religions and cultures (which, incidentally, is
the mark of all great city states throughout history, i.e. Toledo
in the 13th century).
Why do I believe that such a vision for Montréal is doable?
It is doable for reasons that are cultural, geographical and
historical.
The Montréal school system provides a flow of culturally
diverse graduates, all of whom are familiar and comfortable with
the Latin Catholic culture, the Anglophone "wasp" culture,
the Jewish culture. They all have Italian friends, Ukrainian
friends, Chinese friends, etc. This is not found in other cities.
It provides businesses with employees who can be sent anywhere
in this world on short notice, and they will know how to behave
- how to get along - how to succeed. In my many years in international
business, I seldom came across a Québecer who hesitated
to accept an international posting. This again makes Montréal
different from other cities.
As to geography, a cursory look at a globe atlas reveals the appropriateness
of Montréal's location in relation to world markets. Add
the fact that we are long on modern airport capacity (which is
scarce elsewhere) and you have a strong geographical case for
Montréal as a most desirable location from which to manage
global businesses.
As to history, let us not forget that North America - relatively
bigger then than the entire world is to us now - was opened up
and largely "run" from Montréal. The spirit
of the "coureurs de bois" is still alive in young Québecois.
Yes - the assessment that Montréal should be the Geneva
of the 21st century is based on cultural reality, geographical
reality, and historical reality. Unfortunately, we lack one critical
reality which can be called inner peace. We can only achieve
our destiny if international capital is comfortable with Montréal,
and that means more than just Wall Street. For that to happen,
our politics can be lively, but they must never be nasty. Only
we Québecers can bring this about. If we fail, our city
will continue to decline to a point where it becomes a small regional
town taking in the washing of the surrounding communities. If
we succeed in achieving inner peace, and if we use our energies
and goodwill to make Montréal the leading French city in
the world from which to manage global enterprises, our future
is too exciting for words. On the assumption that we can achieve
inner peace, on the assumption that francophones in Québec
can become confident of their ability to protect their French
culture and language without having to restrict other languages,
notably English, given the above the future of Montréal
becomes exciting once again - much like it was in 1967.
David M. Culver
David M. Culver's
Windows on Westmount and Montreal
The Montreal Gazette
Board of Business Contributors
Column April 11th, 1996
We have entered a period of pause in the separation agony. We
need to make good use of it, but how? I suggest that there is
one thing we should NOT do, and two that we should.
We should not waste time and effort on the question "What
does Premier Bouchard really intend to do?". As he has cleverly
pointed out, the decision on whether or not to hold another referendum
is not his to make - rather all Quebecers will make it when they
elect or reject the PQ in three or four years' time. So we have
time - let's use it wisely. Remember, we have to appeal to all
Quebecers, not just one!
To use it wisely, we would do well to heed the advice of the Hon.Stéphane Dion, viz. concentrate our efforts towards appealing
to the sense of pride and solidarity of all Quebecers.
To this end, there are two concrete steps we can take. We can
appeal to pride and solidarity by turning Montreal around; we
can appeal to pride and solidarity by turning Canada into a republic
within the Commonwealth.
The need to resurrect Montreal should be a no-brainer for both
separatists and federalists. I would ask those who are rigid
in their separatist views to contemplate a situation wherein the
newly independent country of Quebec had to invite visitors from
the rest of our great world to enter it through the front door
of a dilapidated and demoralized Montreal. Far better - it seems
to me - would be to rekindle the all party - all cultural
cooperation that brought us the Quiet Revolution of 1960, the
Expo of 1967, the Olympic Games of 1976 and, yes, the Westmount
Library and the Molson Centre of 1996!
Let us never forget that only the economic engine of an upbeat
Montreal can bring to all Quebecers the caring and universal society
that all of us want, but which is hard to pay for!
And then there is the matter of Montreal's true vocation, viz.
to be the Geneva of the 21st century - a global French
city where French predominates, but all other cultures, languages
and religions are welcome. A Toledo of the 13th century,
full of pride and solidarity. Right now we lack the inner peace
to get there. Is it so difficult to put this right? We were
on that track thirty years ago - why not now?
As to achieving pride and solidarity by adopting the status of
a republic within the Commonwealth, we should recognize three
facts of Canadian life: we have become a mature country with
a unique character and style of our own; we have become an immigrant
society with a diversity that goes far beyond the native peoples
and Upper and Lower Canada that we started with; and we badly
need a new piece of paper (constitution) freshly thought out to
reflect the above, and devoid of the harsh baggage that the present
one carries with it.
We think of Canada as a new country - and so we are. But our
constitution has been with us for a lot longer than is the case
with many older independent countries (France, Germany, Italy,
etc.). Britain of course has no written constitution, but is
long on precedent. Which reminds me to end with the point that
in suggesting it is time for Canada to become a republic I am
not in any way criticizing the British Royal family. They have
served Canada well during our formative years. And by remaining
within the Commonwealth, we would continue to bear witness to
those values that have stood up so well over vast regions of the
world.
David M. Culver
David M. Culver's
Windows on Westmount and Montreal
The Montreal Gazette
Board of Business Contributors Column - for February
1st, 1996
Almost everybody loves Montreal - almost nobody is willing to
invest in it. Of all the major cities in North America, only
inner Detroit has a higher unemployment rate than has inner Montreal.
The future of great cities is not pre-ordained - it is earned
on a daily basis. I am told that Rome had a population of one
million in 45 B.C. By 900 A.D. it had a population of two thousand.
It did not regain the one million level until 1939. What does
the future hold for Montreal?
Depending on our daily behaviour from now on, I suggest that in
ten to twenty years from now Montreal will find itself somewhere
on a line between two extremes. At one end is a Greater Montreal
with a total population of under one million, a regional mid-sized
city providing service to itself and the surrounding countryside.
At the other end, a Greater Montreal of four or five million,
the Zurich/Geneva of North America, a favoured headquarters location
for global companies, with Mirabel receiving more SST traffic
than any other major airport in North America.
A short walk along Ste. Catherine Street is all that it takes
to see which of these two extremes we are headed for at the moment.
What can we do to reverse the trend quickly? Here are some suggestions:
- Ensure that the current trend to give more powers to the provinces
does not stop in Quebec City, but carries through to Montreal.
Quebec City has too much power over Montreal for the good of
Montreal's future (however, I am not one who believes in
a separate state for Montreal!).
- Get politics off the front pages. Politics can be (and should
be) active, but it shouldn't be nasty or noisy. The optimistic
future scenario for Montreal is highly dependent on our being
able to attract international investment. International investment
will not come to Montreal if local politics is noisy or
nasty. Last November, FORTUNE Magazine published the results
of an Arthur Andersen & Co. poll entitled "Best Cities
for the Future". Eight cities rated "Excellent";
five rated "Very Good"; twenty (Toronto included)
rated "Good" or "Fair"; five were rated "Poor".
Montreal was not on the list. Of the five at the bottom of the
list, the comment beside four of them was "the lack of internal
peace defines the lot of the bottom dwellers". Is this why
Montreal, which in my view could get to the top of the list, does
not appear anywhere? If Mr. Bouchard can settle us down politically,
while strengthening us fiscally, even a federalist like me will
cheer him on!
When I discuss these matters with a Yes voter, the question invariably
arises: "Why can't we reach the optimistic Montreal scenario
and have independence for Quebec at the same time?"
To this I reply: "anything is possible if you are willing
to go through one or two generations of deprivation and hard times
to get there. For sure and for certain your children and their
children - if they remain in the dependent state - will suffer
the loss of what Canada brings to them today. In the global world
those kids will want to hike over, it will take time for the new
flag on their backpacks to signify to people in other lands that
which our Canadian flag does today."
Let's make sure that all Quebecers understand that Canada is not
a money hole, but is an asset provider. Let's make sure that
all Canadians understand what an asset our French fact is in today's
world. If Quebecers can warmly and enthusiastically accept that
their destiny and comfort lies in being part of Canada, Montreal
will be released to find its destiny at the global end of the
future line rather than at the regional end.
David M. Culver
David M. Culver
Chairman of the Board CAI Capital Corporation
© 1996 dtnicholson Wednesday-Night.com Please phone 934-0023
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