Toronto family’s tradition of giving
Community service has always been paramount to Gary Slaight and his family.
Blessed with a gifted business acumen and a tireless work ethic, the Slaights built their fortune — through the initial efforts of patriarch Allan Slaight and the purchases of radio stations CFGM in Toronto and CFOX in Montreal — through their privately owned Standard Broadcasting Corporation Limited based in Toronto.
By the time the Slaights sold their empire to Astral Media in 2007 for an estimated $1.08 billion in cash and shares, it had expanded to include 52 radio stations, two television stations and Integrated Media Sales, a national advertising sales company that also included radio content provider Sound Source Networks.
The Slaight spirit of giving, however, dates back to those early years, when Allan joined the United Way of Greater Toronto, subsequently serving as its director, campaign chairman and chairman of communications. Allan later became a trustee of Women’s College Hospital, a director and chairman of The Shaw Festival and a director of the Festival of Festivals.
His first wife, Ada, has been a faithful patron of the arts, particularly theatre.
* Samaritanmag.com is an online magazine covering the good deeds of individuals, charities and businesses.