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Senator’s Statements
Senator W. David Angus

February 3rd and 8th, 2005

 

The Late Roy Fraser Elliott, C.M., Q.C.

 

Honourable Senators,  I rise today with much sadness to signal the passing last Wednesday in Toronto of a truly remarkable Canadian, a man I was privileged to know as a friend and loyal partner for close to 50 years.

 

Roy Fraser Elliott lived a diverse and productive life and Canada is surely enhanced for his having passed this way.  On Monday afternoon, Grace Church on the Hill in Toronto was full to capacity as individuals whose lives he touched in a myriad of ways came from near and far to celebrate his life.

 

As the French would say, Fraser Elliott “avait beaucoup de cordes à son arc”.  He had many strings to his bow.  He was a brilliant lawyer, a canny businessman and entrepreneur, a sensitive patron of the arts and a generous benefactor to countless causes and institutions. He was also an astute art collector and an avid sportsman.  He loved golf and salmon fishing.  His ardent competitive spirit, so evident in his professional and business life, was also alive and well on the golf course.

 

He was born in Ottawa on November 25th, 1921, the son of Colin Fraser Elliott, a lifetime civil servant, whose career included terms as Deputy Minister of Revenue and Ambassador to Chile. 

 

Fraser’s higher education included a B. Comm. from Queen’s University in 1943, a law degree from Osgoode Hall in 1946 and a Harvard MBA in 1947.  Although a proud son of Ontario, after Harvard, Fraser ventured to Montreal where his extraordinary career would take shape and evolve over the next 30 years before he decided in 1976 to continue his noble pursuits in Toronto.  He quickly mastered the mysteries of “le droit civil” and was sworn in as a Member of Le Barreau du Quebec in 1948.  Fraser befriended his father’s protégé, a brilliant young tax lawyer named Heward Stikeman, who had just returned to Montreal after nine years as a government lawyer in Ottawa including two years as special counsel to the Senate Banking Committee with a mandate to design a complete new set of tax laws for Canada. 

 

In 1952, these bright and ambitious young men as partners founded their own tax/corporate boutique law firm, Stikeman & Elliott.  They complemented each other beautifully; Stikeman being the visionary intellectual and legal purist, and Elliott the pragmatic businessman.  Today, Stikeman Elliott is a leading global law firm with close to 400 lawyers and Fraser was still attending the office regularly as recently as two weeks ago. 

 

For Fraser Elliott, hard work, focus, loyalty, integrity and sound judgment were the key ingredients to success.  He also earnestly believed that success and good fortune carry with them the obligation to “put back” to society.  He always encouraged his colleagues and associates to “get involved” and to participate in community affairs and public service.

 

Fraser’s incisive business acumen manifested itself outside the law firm through a wide variety of successful commercial ventures through which he accumulated a substantial fortune.  By far his favorite and best known business pursuit was Canadian Aviation Electronics or CAE.  He and Mr. Stikeman invested in CAE in 1951 as a small start-up technology company.  Fraser went on to serve as its Chairman and guiding spirit for over 50 years.  CAE is today one of Canada’s proudest business success stories having become a vast global corporation and the world’s principal designer and producer of aircraft flight simulators.

 

Fraser Elliott’s philanthropy included quiet support for numerous cultural, health and educational organizations with which he became involved, often in a leadership role, and to whom he donated literally tens of millions of dollars.

 

Fraser’s admirable accomplishments were deservedly recognized when he was made a member of the Order of Canada in 1980.

 

He was predeceased by his wife Betty Ann McNicoll and is survived by his six children and their families.  Fraser Elliott has now gone to his eternal resting place; may he rest in peace.

 

 

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© Copyright Senator W. David Angus 2004
Senate of Canada