Ned Goodman, considered a giant in Canadian mine development and business finance, whose name is attached to Laurentian University's mining school in Sudbury, died on Aug. 7.The Montreal-born Goodman, an Order of Canada recipient, is being remembered as an inspirational leader, a company builder, a philanthropist through his family foundation, an educator, and a Canadian pioneer in investment management over a more than 50-year career.
Together with business partner Austin Beutel, he formed Beutel, Goodman & Company Ltd. in the 1960s, a privately owned, independent Canadian investment manager that today holds $42 billion in assets under its control. He later formed the Dundee group of financial companies in the early 1990s, now known collectively as DREAM, managing more than $100 billion in assets.
His name is also on Concordia University's institute of investment management at the John Molson School of Business.Through a generous donation, Goodman founded the Goodman School of Mines at Laurentian University in 2012. Goodman received an honourary doctorate from Laurentian in 2019. For his contribution to higher education, culture and health care, Goodman was awarded the Order of Canada in 2019.