Misplaced Pages

#689310

68-837: In 1994, it was acquired by Peter Munk and in October 2006, it was acquired by Brookfield Properties and The Blackstone Group . Trizec was founded in 1960 by William Zeckendorf with British associates recapitalize the Place Ville Marie development in Montreal . In the 1970s, the Toronto branch of the Bronfman family acquired a 50.1% controlling interest in Trizec through its holding company, Edper Investments . The Bronfmans were also owners of Carena Properties, successor to

136-619: A $ 100 million donation to the Peter Munk Cardiac Centre at the Toronto General Hospital , Munk spoke of his philanthropy in the context of his gratitude to the country that saved his life: "You opened the door. You gave us everything," he added, referring to Canada as "paradise." Munk was a major donor to the University of Toronto , his alma mater . Beginning with a gift of $ 35 million in 2010,

204-614: A $ 5 million donation to the Fraser Institute , a think tank , to launch the Peter Munk Centre for Free Enterprise Education. Peter Munk and Melanie Munk established the Aurea Foundation in 2006. Subsequently, Peter Munk established the semi-annual Munk Debates in 2008 with a $ 12 million donation from Aurea Foundation, a sub-division of his primary charitable foundation. In 1997, Munk helped create

272-774: A centre in 2001, the Trudeau Centre for Peace, Conflict and Justice administers the Peace, Conflict and Justice (PCJ) undergraduate programme in the Munk School of Global Affairs and Public Policy. The PCJ programme, while administered by the Munk School, is a joint initiative with the Faculty of Arts & Science. Students are required to take several Arts & Science courses to complete the programme – including in political science, economics, statistics, psychology and international relations, among others. The Centre grew out of

340-472: A dog... This is a country that does not ask about your origins; it only concerns itself with your destiny." In 1958, with $ 2,800 from his father-in-law, Webber Pharmaceuticals (now Webber Naturals) founder William Jay Gutterson, he co-founded Clairtone with Scandinavian furniture importer David Gilmour . Clairtone manufactured high-end console stereos, and later televisions, which were recognizable icons of their day. The most celebrated Clairtone designs were

408-481: A garage next door. It also acquired a portfolio of assets from The JBG Companies for $ 560 million. In November 1998, the company sold a portfolio of shopping malls , including Westfield Santa Anita to Westfield Group for $ 1.4 billion. In 1999, the company acquired 1 New York Plaza for $ 390 million from Chase Manhattan Bank . By early 2000, 80% of TrizecHahn's revenues was from the United States and

476-534: A master's degree in European, Russian and Asia-Pacific studies. This school is a member of the Association of Professional Schools of International Affairs (APSIA). It also works in group of schools that educate students in international affairs. The Munk School's Master of Global Affairs program typically receives 500 and 600 applicants per year and offers 80 students entry into its program. The Munk School

544-431: A new venture called Barrick, which he would eventually build into the world's largest gold company. At the time, bankers and the establishment viewed him as "a fugitive and a loser," according to Munk. Munk was also founder, chairman, and CEO of Trizec Properties (formerly TrizecHahn Corporation), one of the largest American real estate investment trusts . In 2006, Trizec Properties was sold to Brookfield Properties in

612-496: A pacemaker. The Financial Post posthumously lauded him as "An entrepreneur with a Midas touch, he was one of Canada's most high-flying, international deal makers, with friends ranging from Brian Mulroney and Prince Charles to the arms dealer Adnan Khashoggi and French billionaire Bernard Arnault , as well as one its most generous benefactors." He received several honorary degrees: He became Officer of The Order of Canada (the country's highest civilian honour) in 1993 and

680-489: A physician and healthcare executive; Natalie; and Cheyne. In his late 70s Munk was fitted with a pacemaker . In 2008, Munk praised Canada for being a place where he could come as an immigrant, without wealth, knowledge, language skills or a network and set up a successful business and grow it into an empire. Munk died in Toronto on March 28, 2018, at the age of 90. The cause of death was not disclosed, but Munk had been dealing with heart problems for several years and wore

748-574: A plant in Nova Scotia." The plant, built in Stellarton , opened in 1966 with funding from the province's Industrial Estates Limited (IEL). According to William Mingo, chief counsel for IEL, as quoted in his daughter Nina Munk 's book about Clairtone, "Munk was too good a salesman for his own good. He could sell anything to anyone, including himself. My, he was a promoter. My, he had energy. My, he had charm. My, he had imagination." In 1967, as

SECTION 10

#1732787789690

816-634: A possible 4.0 or a B standing. However, due to the high volume of applications there are many more highly qualified candidates than first year spots and simply meeting the minimum requirements is unlikely to be sufficient to gain admission. The school assesses candidates based on 5 factors: an online application form, a statement of purpose, a resume or curriculum vitae, 2 letters of academic recommendation, and an applicant's academic record. In addition, candidates may provide up to an additional two letters of reference from another source (for example, from an employer or volunteer organization). In determining admission

884-456: A proxy shareholder, who had travelled from Papua New Guinea for the meeting, from speaking about her reports of deadly violence and sexual violence perpetuated by Barrick Gold's security contractors at Porgera Gold Mine . By 2016, Barrick had proven and probable reserves of two billion tons (1.33 grams of gold per tonne of ore). It is the world's largest gold mining company and the largest Canadian company by capitalization. Munk retired from

952-556: A relevant internship with an NGO, an international organization such as the UN or WTO, or at an embassy or consulate abroad. Admission to the MGA is highly selective with 500 to 600 annual applicants for 80 first-year placements. After a general first year of study, students specialize in one of three areas: Global Economy and Markets, Global Civil Society, or Global Institutions. MGA students can also complete their degrees concurrently with an MBA at

1020-483: A result of mounting losses and in order to try to recoup its multi-million dollar investments, the Government of Nova Scotia took over Clairtone and fired Munk and Gilmour. Munk faced accusations of insider trading "that were eventually settled out of court." A report commissioned by Clairtone in the aftermath of the factory's failure found that one of the main issues was the local workforce. "The general population

1088-572: A second location in 2012 at 315 Bloor Street West after an $ 80 million collective contribution from the Peter and Melanie Munk Foundation, the Government of Canada and the Government of Ontario. The school was criticized by students and faculty for accepting $ 35 million from Peter Munk and for the terms of agreement between the school and Peter Munk. The Canadian Foreign Policy Institute stated that Peter Munk's far-right views were incompatible with

1156-606: A transaction valued at approximately $ 9 billion. In 2007, Munk invested with partners in Porto Montenegro , a former naval base on the Adriatic Sea , turning it into a superyacht destination to rival Cannes and Monte Carlo. He was the majority shareholder of Montport Capital, which owned the centrepieces of the complex, Porto Montenegro Marina and Resort. He developed the site on the Bay of Kotor , putting Montenegro on

1224-559: Is a student-led digital magazine that showcases writing on public affairs by students, academics, and leaders in the policy world. The PPGR is a platform for bold and thoughtful analysis, and for diverse perspectives on contemporary policy debates and discussions. The publication is funded by and housed at the University of Toronto’s Munk School of Global Affairs and Public Policy. Graduate students from Munk manage its content, development, and operations. The Public Good Initiative (PGI)

1292-503: Is a student-led project that pairs students from the Munk School of Global Affairs and Public Policy with community organizations that can benefit from pro bono consulting services. The PGI has worked with organizations that include United Way Toronto, Friends of the Greenbelt Foundation, Toronto City Summit Alliance, Maytree Foundation, People for Education, BC Centre for Social Enterprise, Mid Toronto Community Services and

1360-559: Is an academic and monetary award given to the top students in their second year of the program. The award was created and named after Paul Cadario, a senior manager with the World Bank in Washington and alumnus of the University of Toronto , after he donated $ 1 million to U of T’s School of Public Policy and Governance. The Mowat Centre for Policy Innovation was an independent, non-partisan public policy think tank housed in

1428-472: Is basically not geared to the manufacturing frenzy and especially the five-day workweek... The welfare situation is such that it has created conditions similar to Appalachia in the United States where the third generation is already on relief." After the collapse of Clairtone, Munk and Gilmour invested in a plot of ocean-front land in Fiji which they soon developed into a hotel and resort. This venture grew into

SECTION 20

#1732787789690

1496-587: Is headquartered at the Canadiana Gallery next to the Legislature of Ontario . Founded in 2000 as the Munk Centre for International Studies, it was named after Canadian businessman and philanthropist Peter Munk , who made a $ 6.4 million donation to finance the construction. It occupies the historic Devonshire House, a former residential hall of the university's Trinity College , and opened

1564-734: Is located in the north and south wings of the Devonshire House building on Devonshire Place, which is situated in Trinity College 's John W. Graham Library. In 2012, the school opened a second location in the Observatory building at 315 Bloor Street West (formerly the university's Admissions and Awards building), which is the offices of the Citizen Lab and the Master of Global Affairs program. The Master of Public Policy

1632-495: Is the cousin of Charles Palmer-Tomkinson , a British land-owner and Olympic skier. Munk skied for 71 years, and built with his wife in 1972 a ski chalet called Viti Levu in Klosters , which they consider home. It overlooks the mountain of Gotschnagrat . His children are: Anthony Munk, a senior managing director at Onex private equity; Nina Munk , a journalist and contributing editor for Vanity Fair ; Marc-David Munk ,

1700-733: The Canadian Federal Public Service , the Ontario Public Service , the City of Toronto , the City of Mississauga , as well as many non-governmental organizations and research think tanks . Second year MPP students can compete for exchanges with partner institutions in Europe and Asia, including The Hertie School of Governance (Berlin) , Sciences Po's Paris School of International Affairs (Paris) , The Lee Kuan Yew School of Public Policy (Singapore) , and

1768-900: The National Graduate Institute for Public Policy (Japan) . The Munk School also offers joint degrees, including the Collaborative Master’s/PhD Program in South Asian Studies, the Collaborative Master’s Program in Asia-Pacific Studies, the Ethnic and Pluralism Studies Collaborative Graduate Program, and the Dynamics of Global Change Collaborative Doctoral Program. Established as a degree program in 1985 and as

1836-821: The Rotman School of Management or with a JD at the University of Toronto Faculty of Law . The Munk School's MGA can also been taken as one half of a duel degree with either Sciences Po , Hertie School of Governance , or the London School of Economics (LSE). The Master of Public Policy (MPP) program is a two-year professional degree, emphasizing practical and applied dimensions of policymaking. Approximately 80 students are admitted each year. Core courses include micro and macroeconomics, legal analysis, political science and quantitative methods for policy analysis. The curriculum also includes five electives on domestic policy, law, and international policy, taken either at

1904-592: The University of Toronto and the Peter Munk Cardiac Centre at the Toronto General Hospital . He is also well known for supporting the Munk Debates . Munk was born in Budapest , into a prosperous Hungarian-Jewish family, the son of Katharina Adler Munk and Lajos "Louis" Munk (1898–1977). His grandfather, Gábor "Gabriel" Munk, had descended from a family of rabbis , was a brother of the noted linguist and ethnologist Bernát Munkácsi (né Munk), and uncle of

1972-453: The University of Toronto , after he donated $ 1 million to U of T's School of Public Policy and Governance. MPP students have also been awarded many other prestigious external scholarships and awards, including Cancer Care ON grants, Canadian Institutes of Health Research (CIHR) grants, Ontario Graduate Scholarships (OGS), and Social Sciences and Humanities Research Council (SSHRC) grants. The Public Policy and Governance Review (PPGR)

2040-588: The Canadian Arena Company. In the 1980s, Trizec acquired The Hahn Company . In 1984, Trizec acquired a controlling interest in Toronto-based property developer Bramalea Ltd. After adding $ 5 billion in debt to finance rapid expansion during the 1980s property boom, Bramalea collapsed in the early 1990s, and in 1995, its U.S. subsidiary went bankrupt in the largest bankruptcy of a U.S. house developer. With restructuring of Trizec, Edper's equity

2108-584: The Centre closed in April 2019. In spring 2024, the Munk School was labeled as an “ undesirable organization ” in Russia. The founding director was Janice Stein , who held the position until 2014. The school was then headed by Stephen Toope until 2017, when he became the 346th Vice-Chancellor of the University of Cambridge . After Toope's departure, the interim director was Randall Hansen , who served as head of

Trizec Properties - Misplaced Pages Continue

2176-522: The Faculty of Arts & Science. These include American Studies, Contemporary Asian Studies, European Studies, Hungarian Studies, Public Policy, South Asian Studies, as well as the Munk One Program, a first-year undergraduate seminar series. Unlike the PCJ programme, while these programmes’ courses are taught and syllabi are set by Munk School instructors, the Faculty of Arts & Science administers

2244-555: The Hungarian jurist and writer Ernő Munkácsi . Gábor became wealthy via Austro-Hungarian distribution rights for the popular Viennese chocolate brand, Manner , invested in real estate, then, during World War II , used what remained of his fortune to buy safe passage out of Hungary to neutral Switzerland for members of his immediate family, including his grandson Peter. Hungary was occupied by Nazi Germany in March 1944, when Munk

2312-668: The Munk Foundation enabled the establishment of the Munk School of Global Affairs and Public Policy at the University of Toronto . In total, Munk gave $ 51 million to his alma mater. The Peter Munk Professor of Entrepreneurship at the Joseph L. Rotman School of Management is named after him. Peter Munk also made a substantial donation of $ 43 million to Technion – Israel Institute of Technology to establish that university's Peter Munk Research Institute. In 2016, Munk made

2380-423: The Munk School or other graduate departments on the University of Toronto campus. The school frequently invites public sector leaders and external researchers to lecture and expose students to senior professionals in government and the broader public, private and community sectors. Students are required to complete an internship during the summer between the first and second year. The school internship partners include

2448-405: The Munk School. It undertook applied public policy research and engaged in public dialogue on federal issues important to the prosperity and quality of life of Ontario and Canada. The Mowat Centre had a mandate that proposed innovative, research-driven public policy recommendations that work on behalf of Canadians in all regions of the country, including Ontario. The Mowat Centre for Policy Innovation

2516-629: The Ontario Association of Food Banks. Beyond the Headlines (BTH) is a weekly radio show that provides fair and balanced analysis of pressing public policy issues in Canada. The one-hour program airs from 11:00 a.m. to 12:00 p.m. EST every Monday on CIUT 89.5FM, the University of Toronto’s campus radio station. BTH is staffed by students (both current and alumni) who are members of the Munk School community. After its first year on

2584-463: The Peace and Conflict Studies programme established by Anatol Rapaport in the early 1980s. In 1990, Thomas Homer-Dixon assumed the Directorship and continued in that role through 2001 when the programme was institutionalized as the Trudeau Centre. Homer-Dixon's Directorship ended in 2007. In addition to the PCJ programme, the Munk School offers several undergraduate academic programmes through

2652-399: The Peter Munk Cardiac Centre at the Toronto General Hospital with an initial donation of $ 6 million. In May 2006, he announced that he would donate another $ 37 million, at the time the largest gift ever made to a Canadian medical institution. In September 2017, he donated another $ 100 million. As well, Peter and Melanie Munk established University Health Network ’s first endowed chair for

2720-514: The Republic of Hungary in 2016. Munk School of Global Affairs The Munk School of Global Affairs and Public Policy at the University of Toronto is an interdisciplinary academic centre. It offers various research and educational programs related to the field of globalization . It is located in Toronto , Ontario , offers master's degrees in global affairs and public policy , and

2788-536: The School's Centre for European, Russian and Eurasian Studies. On November 12, 2019, Michael Sabia was named as the Munk School's director, starting in February 2020. He served in that role until December 2020, when he was appointed by the Government of Canada as Deputy Minister of Finance . Professor Cheryl Misak was announced as the interim director of the Munk School, effective December 15, 2020. Peter Loewen

Trizec Properties - Misplaced Pages Continue

2856-591: The Sears Tower. In February 2004, the company sold its interest in Hollywood & Highland to CIM Group for $ 200 million. In May 2006, the company acquired 13 office properties in Southern California from Arden Realty for $ 1.63 billion. In October 2006, Brookfield Properties and The Blackstone Group acquired the company for $ 8.9 billion. When it was Canada-based, the headquarters in

2924-912: The Southern Pacific Hotel Corporation, which at its peak consisted of 54 resorts in Australia and the South Pacific. In 1978, the firm signed a deal with the President of Egypt to build a resort near the Great Pyramids . When Anwar Sadat cancelled the project, Munk sued the Egyptian government , eventually winning the arbitration case at the International Centre for Settlement of Investment Disputes . In 1979, Munk returned to Canada to start

2992-478: The air, BTH was voted “Best New Talk Show” on CIUT 89.5FM. Since its founding in 2012, BTH has interviewed notable politicians, public servants, academics and activists, such as Josh Colle , Lynn Morrison , Mitzie Hunter , Mike Layton , Tony Dean , Daiene Vernile , Laurie Scott , Peter Singer , Garfield Dunlop , Greg Sorbara , Ron Atkey , and Michael Geist . The Cadario Fellowship in Public Policy

3060-550: The cardiac program: the Melanie Munk Chair in Cardiovascular Surgery. A contract between the Munk Foundation and the University of Toronto came under criticism due to the secrecy that shrouded its approval, and the fact that Munk's contribution of $ 35 million were conditional on $ 25 million contributions each by the federal government and the university. Coming at a time of downsizing and threats to

3128-480: The company moved its headquarters to Chicago and sold all holdings it held in Canada, changing its name to Trizec. In 2001, it sold noncore assets for $ 417 million. In April 2002, the company received permission to convert to a public real estate investment trust . In November 2002, after the September 11 attacks , the company wrote down two-thirds of the $ 70 million investment it made in 1997 to gain control of

3196-511: The day-to-day management but he remained the founder and President Emeritus. "Barrick is my legacy," Munk said. In 1992, the Peter and Melanie Munk Charitable Foundation was founded. It has disbursed more than $ 300 million to a variety of organizations that work to improve the health, education and international reputation of Canadians. In a speech he delivered in September 2017, on announcing

3264-728: The early 1970s were in Place Ville Marie in Montreal, Quebec . After a first move to Calgary, Alberta in 1976 by then company President Harold Milavsky, the headquarters were moved again to Toronto, Ontario in 1995, where the headquarters were in the BCE Place . In 2004, the company was headquartered at Suite 4600 of the Willis Tower in the Chicago Loop . It later moved to the Near West Side . Peter Munk Peter Munk CC (November 8, 1927 – March 28, 2018)

3332-460: The first and second years. The school has internship partners that include the Canadian Federal Public Service , the Ontario Public Service , the City of Toronto , the City of Mississauga , as well as many non-governmental organizations and research think tanks . The Munk School housed the Mowat Centre for Policy Innovation – an independent, non-partisan public policy think tank – until

3400-507: The funding of other academic units, critics charge that these decisions are emblematic of the government's and the University's ceding of academic resource allocation decisions to the corporate sector. According to Linda McQuaig 's book, The Trouble with Billionaires , Munk's donation to the University of Toronto came with strings attached to ensure that the school would "fit with the political views and sensitivities of Peter Munk." McQuaig writes that "according to Munk's written agreement with

3468-410: The institution." On September 3, 1956, Munk married Linda Joy Gutterson, the daughter of a Forest Hill pharmaceutical entrepreneur who gave Munk the start-up capital to fund his first company. Linda was 19, not long out of Havergal College ; he was 10 years older. "'Linda tracked me down with a laser beam,' said Munk. 'I was a curiosity; I was different. Not because I was so great, let me tell you, I

SECTION 50

#1732787789690

3536-602: The mandate of the school. Paul Hamel and John Valleau, faculty members at the University of Toronto, stated that the agreement will reduce academic independence, permit the Munk family to shape the academic work, and allow the Munk family to determine the university's priorities in place of the faculty and students,. Additionally, several students and faculty criticized the decision to name the school after Munk, citing allegations of environmental damage and human rights violations by Barrick Gold in foreign countries. The mining company

3604-414: The map for high-end tourism. In 2016 Munk sold the marina and hotel to Investment Corporation of Dubai, a sovereign wealth fund , for an undisclosed amount, believed to be about 200 million euros. In 1980, Munk created Barrick Petroleum to invest in the oil sector, but he quickly realized that investments in this sector were ruinous. After the acquisition of a small company, Camflo Mines , Barrick left

3672-425: The oil sector and became overnight a mining company. In 2011, Munk planned to merge with Glencore , Ivan Glasenberg 's company, to create one of the world's largest commodities giants on par with BHP and Rio Tinto . The gold market was not aligned with Glencore's other activities, however, and the deal did not go through. In 2008, Munk, as the chair of Barrick Gold, intervened at the shareholder meeting to block

3740-451: The programmes and sets rules for enrolment and completion. Admission to the two-year professional Master of Public Policy program is highly competitive. The school typically receives 600+ applications for only 80 first year spots. Candidates are selected on a holistic basis. At minimum candidates are required to have a four-year bachelor's degree, with a minimum Grade Point Average (GPA) in the final year of undergraduate studies of 3.3 out of

3808-442: The school considers a strong application one that has a high level of cohesion between the 5 supporting documents and the structure and learning objectives of the MPP program. The Cadario Fellowship in Public Policy is an academic and monetary award given to the top students in their second year of the program. The award was created and named after Paul Cadario, a senior manager with the World Bank in Washington and alumnus of

3876-488: The striking "Project G" series, introduced in 1964, composed of sleek rosewood cabinets with cantilevered black aluminum "sound globes" (speakers). The Project G and G2 were seen in the films Marriage on the Rocks and The Graduate , awarded a silver medal for excellence at the Milan Triennial design exhibition, and endorsed by Frank Sinatra and Oscar Peterson . Fans of the Project G included Hugh Hefner . Clairtone's downfall began with "an ill-advised plan to build

3944-482: The university, the Munk donations will be paid over an extended time period, with much of the money to be paid years from now – and subject to the Munk family's approval of the school. For that matter, the school's director will be required to report annually to a board appointed by Munk 'to discuss the programs, activities and initiatives of the School in greater detail.'" University president David Naylor rejected personal attacks on donors as "a deplorable affront to

4012-406: The values of rational and respectful discourse that are supposed to characterize a university" and stated "I later served on the board of the University Health Network, in the years when Dr. Munk made two gifts exceeding $ 40 million to support the cardiovascular program at that hospital. There was not a single instance where Peter Munk interfered with the educational, research or clinical priorities of

4080-417: Was a Hungarian-Canadian businessman, investor, founder and philanthropist. He was the founder and chief executive officer of a number of high-profile business ventures, including the hi-fi electronics company Clairtone , real estate company Trizec Properties , and Barrick Gold , the world's largest gold-mining corporation. Munk is known for his philanthropy, as a donor to Munk School of Global Affairs at

4148-487: Was aged 16; along with 14 members of his family, he escaped on the Kastner train , which carried 1,684 Jews to safety in Switzerland . The journey had been arranged by Rudolf Kastner of the Zionist Aid and Rescue Committee , as a result of secret negotiations with Adolf Eichmann —the high-ranking Nazi had allowed some Jews to leave in exchange for money, gold, and diamonds, part of a series of so-called "blood for goods" deals. Munk's mother, who divorced his father when he

SECTION 60

#1732787789690

4216-545: Was appointed Director in November 2021 and held the position until July 2024, when he left to join Cornell University as Dean of the College of Arts & Sciences. The Munk School offers two master's degrees – a Master of Global Affairs (MGA) and a Master of Public Policy (MPP). The Master of Global Affairs (MGA) program is a two-year interdisciplinary professional degree with curriculum covering global and financial systems, global civil society, and global strategic and security issues. The program requires students to complete

4284-445: Was fat, bald, poor, a boring engineering student.'" The couple separated and reunited more than once in the 1960s, having three children and divorcing in 1970 but staying on very good terms. After the marriage was over, she pursued an academic career, becoming a professor of English at the University of Toronto . On June 26, 1973, Munk married his second wife, Melanie Jane Bosanquet, in London with whom he had two more children. She

4352-442: Was founded by Munk and was the principal source of his wealth. On April 6, 2018, the University of Toronto announced that the Munk School of Global Affairs would merge with the university's School of Public Policy and Governance to become the Munk School of Global Affairs and Public Policy. The merger took effect on July 1, 2018. The School of Public Policy and Governance was a public policy and public administration school that

4420-401: Was founded in 2006. The Master of Public Policy program and many public policy scholars remain headquartered in the Canadiana Gallery at 14 Queen's Park Crescent West. The Munk School offers a two-year Master of Public Policy (MPP) program, with a core curriculum emphasizing practical and applied dimensions of policymaking. The program also includes a paid internship during the summer between

4488-401: Was four, was deported from Budapest to Auschwitz concentration camp in 1944. She survived, but later died by suicide. Munk arrived in Canada in 1948, via Switzerland, initially on a student visa, then graduated from the University of Toronto , in 1952, with a degree in electrical engineering . Decades later, he praised Canada: "I arrived in this place not speaking the language, not knowing

4556-400: Was promoted to Companion in 2008; received The Woodrow Wilson Award for Corporate Citizenship in 2002 (the first time awarded outside the U.S.); was inducted into the Canadian Business Hall of Fame , and the Canadian Mining Hall of Fame . In 2012 Munk was awarded the Queen Elizabeth II Diamond Jubilee Medal . His homeland awarded him the Commander's Cross with Star of the Order of Merit of

4624-430: Was reduced to a nominal amount. In 1994, Trizec Corporation was acquired by Peter Munk 's Horsham Corporation. It moved its headquarters from Calgary to Toronto. Horsham Corporation and Trizec Corporation were amalgamated in 1996 to form TrizecHahn Corporation. In 1997, it acquired a controlling interest in the Sears Tower (now the Willis Tower ) in Chicago for $ 70 million with payment of an additional $ 40 million for

#689310