Full Name Jean Ivan Gouin Religion Roman Catholic Name Jean Gouin Children Roger Gouin | Nationality Canadian Spouse(s) Carol Kostelic Died November 11, 2007 | |
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Born February 15, 1916 ( 1916-02-15 ) Vimy, Alberta Occupation Founder of North American Construction Group Parent(s) Rudolph and Rose Alma Gouin | ||
Jean Ivan Gouin (February 15, 1916 – November 11, 2007) was a Canadian businessman and investor. He was the founder of North American Road Ltd., which grew to be one of the largest mining, heavy construction, industrial, piling and pipeline firms in Canada.
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Early life
Gouin was born to a Catholic family on February 15, 1916 in Vimy, Alberta, one of seven children of Rudolph and Rose Alma Gouin. In 1938, he worked at a grain elevator and in 1940, he purchased a general store with his sister. During World War Two, he joined the Canadian Army and served in Ontario. After the war, he returned to work at his store.
Career
In 1953, he sold his store and he and his brother Bob purchased a small bulldozer which he used to clear the forest so farmers could plant crops. He later incorporated his company, North American Road Ltd, and seeing that the rapid expansion of farmland in the region would require additional roads to transport all the new crops, expanded the company into road-building. They soon won bids for projects in Alberta, British Columbia and the Yukon, including the famous Alaska Highway. In the 1960s, they expanded from road-building to industrial work including clearing the site for the Gardiner Dam and Lake Diefenbaker in Southern Saskatchewan and then began providing services for Suncor's Oil Sands development in the Fort McMurray area. Thereafter, they expanded into mining, pipelines and foundation piles. In 1972, Gouin purchased his brother's share of the business. In 1980, Gouin sold the company to his two sons. In 2003, the company was sold to a Texas-based international investment group for around CAD 405 million. At the time, North American Road Ltd had invested heavily in the mining industry incurring high levels of debt when Prime Minister Pierre Trudeau implemented the National Energy Program which put a heavy tax burden on energy companies who then pulled back on their capital investments making it difficult for North American Road Ltd to meet its debt obligations. Gouin died on November 11, 2007.
Personal life
In 1948, Gouin married Carol Kostelic, an ethnic Slovenian immigrant from Yugoslavia. They had two sons, Roger Gouin and Martin Gouin, and three daughters, Elaine Busch, Renee Katz and Colette Gouin. His daughter Renee is married to Canadian billionaire and Edmonton Oilers owner, Daryl Katz.
Legacy
In 2006, through an IPO, the then renamed North American Energy Partners (NAEP) became a publicly traded company, listed on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker NOA. In 2012, Gouin was inducted into the Alberta Business Hall of Fame
Gouin's creed was: "Be fair, but be firm. And plan the next day."