LEARN MORE ABOUT JAMES TEMERTY OF NORTHLAND POWER INCOME FUND, CANADA’S ERNST & YOUNG ENTREPRENEUR OF THE YEAR® 2010 AWARD
Ernst & Young Entrepreneur Of The Year® 2010 Award
Ernst & Young recognizes pioneering Canadian business leaders
November 18, 2010 @ 09:15AM
Toronto – Ernst & Young honours James Temerty of Northland Power Income Fund for his significant contributions to Canadian business with Canada’s Ernst & Young Entrepreneur Of The Year 2010 Award.
“By anticipating future trends and responding quickly to changing needs, James epitomizes the ability of entrepreneurs to transform industries and move the economy forward,” said Colleen McMorrow, National and Ontario Director of Entrepreneur Of The Year. “With an eye for opportunity and an unsurpassed drive to succeed, James has made what is sure to be a lasting impact on the Canadian power industry.”
James has built a reputation across Canada for both financial and technical innovation. Recognizing an opportunity to develop a new industry within the power sector, James founded Canada’s first independent power producer in 1987. Putting a considerable amount of his own resources at risk in pursuit of development opportunities, James has led Northland Power to impressive growth. After more than 20 years, Northland Power maintains investments in operating biomass, natural gas and wind power projects, with wind solar and waterpower ventures under development.
Fostering an environment of teamwork and loyalty, James has celebrated the ongoing success of Northland Power alongside his core management, many of whom have been with the company since its inception. By encouraging a culture of empowerment, James aligns both his own and his management team’s long-term interests and goals for Northland Power.
With the same passion he devotes to Northland Power, James volunteers his time and financial support to numerous organizations in and outside of his community. As chair of the Royal Ontario Museum Governors Board, James was responsible for raising $250 million, the largest sum of funds raised by a charitable organization in Canada. James also supports a variety of local projects in the Ukraine. His recent contributions include the establishment of a business school in Kiev and ongoing support of local orphanages.
Acknowledging his achievements for both Canadian business and culture, James was recently appointed chair of the Advisory Council of the Ukrainian Canadian Congress, in addition to receiving the Order of Canada, the highest honour bestowed to Canadian citizens.
“James represents the fearless ambition it takes to build a successful business from the bottom up,” said McMorrow. “By embracing risk and paving the way for groundbreaking ideas, Canadian entrepreneurs continue to restore the economy and inspire future generations of talent. We congratulate and honour this year’s Canadian Entrepreneur Of The Year, James Temerty, and all of our regional winners, who truly embody the entrepreneurial spirit.”