Arthur L. Irving, the second son of K.C. Irving, a New Brunswick industrialist, has passed away at 93. He dedicated his life to expanding the oil business founded by his father. Irving Oil confirmed his death, noting his significant contributions to the company. Forbes Magazine ranked him among the top 10 wealthiest Canadians in 2023, estimating his net worth at US$6.4 billion, which included ownership of Canada's largest refinery in Saint John, New Brunswick, and the Whitegate refinery in Ireland.
Born in 1930, Irving attended Acadia University in Nova Scotia before joining Irving Oil in 1951, where he worked alongside his father and brothers. Reflecting on his decision to join the family business, Irving credited his father as his best teacher. He became president of Irving Oil in 1972 and served as chairman emeritus until his passing.
Prime Minister Justin Trudeau expressed condolences, highlighting Irving's role in making Irving Oil a leading employer in Canada. Irving's death coincides with a strategic review of the Saint John refinery amid global shifts away from fossil fuels.
Despite business success, Irving faced personal challenges, including a contentious divorce and estrangement from his eldest son. His family dynamics were chronicled in various biographies and journalistic accounts.
Irving's business ventures were closely intertwined with those of his brothers, J.K. and Jack, as they managed different segments of the family empire. Despite his reputation as abrasive, Irving was praised for his salesmanship and business acumen. In 2009, the brothers divided their business interests, with Arthur assuming control of the energy sector.
Arthur Irving's leadership was crucial in steering Irving Oil through economic fluctuations. His focus on expansion ensured the company's growth amidst industry challenges. Savoie, a professor, credited Irving with expanding Irving Oil's operations and enhancing its customer experience through the Big Stop gas stations.
The Irving brothers' entrepreneurial spirit was nurtured from a young age, fostering their success in business. Their legacy as self-made entrepreneurs continues to inspire future generations.
In its tribute, Irving Oil hailed Arthur as a devoted advocate for Atlantic Canada. His passing marks the end of an era, leaving behind a lasting impact on the region's business landscape.