Michael was exemplary in all kinds of ways. And by ‘exemplary,’ I mean we can benefit from his example.
It wasn’t just the fact that he was an environmentalist at a time when getting people to stop throwing garbage out the car window was a great victory for the movement. Or a publisher when Canada didn’t really have a book publishing or magazine industry. Or a sustainable investor when that wasn’t even a phrase anyone used. He was a booster who believed in the power of a good idea, especially if it hadn’t been tried before.
When he was 67, he founded InvestEco Capital, Canada’s first investment management firm dedicated to supporting sustainable food and agricultural companies. As one of its directors, Andrew Heintzman, noted in a LinkedIn post on Michael’s passing: “…We started working together on a delightfully quirky (but also novel and important) idea to found an investment firm that would promote the goals of sustainability. Michael provided his vision, entrepreneurial hutzpah, strategic insights and bottomless enthusiasm and support for this project. Without that it would never have been possible. Not in a million years. And he believed in me, that I could help to move this project forward despite my obvious deficiencies in expertise in the financial sector.”
Let’s not forget that 20 years earlier, Michael became a leading Canadian book publisher by partnering to form Key Porter Books, Maple Tree Press and Greey de Pencier books. And an enduring retailer with the Yonge/Summerhill food stores and The Perfect Mix in Toronto.
Sustainable Canadian investments. Canadian magazines. Canadian books. Canadian retail. It’s hard to think of any riskier places to make your living. But Michael wasn’t risk-averse. He seemed risk-oblivious, and because he was lavish about people and cautious about money, it worked.
Indeed, he was a first-stage rocket for everything that caught his gaze. He helped kickstart the National Magazine Awards and the Toronto Arts Awards, and he injected new ideas and energy into Women’s College Hospital, OCAD University (then the Ontario College of Art), the Shaw Festival and the World Wildlife Fund, both of which he chaired. When he retired from the WWF, Monte Hummel declared that Michael had “exhausted him.”