|
No images? Click here How Prem Watsa built a family business for the centuries: A one-on-one with David Thomas, author of ‘The Fairfax Way’Over the past 40 years, Prem Watsa and the growth of his company, Fairfax Financial, has become one of Canada’s most remarkable success stories. But it has also been one that has remained incompletely told—until recently. In his book, The Fairfax Way: Inside Prem Watsa’s Secret to Lasting Success, veteran Canadian business journalist David Thomas tells the story of Fairfax with unprecedented detail, perspective and access to its famously media-shy founder. In this video interview, Canadian Family Offices managing editor Joe Chidley chats with Thomas about Watsa and his impressive journey, from arriving in Canada from India with almost no knowledge of financial markets, to becoming a renowned value investor who has often been dubbed the Canadian Warren Buffett. Where you'll find us
Feel free to send us feedback at info@CanadianFamilyOffices.com MEMBER CONTENTThe margin for error is narrowing: highlights from Canso’s July 2026 Corporate Bond NewsletterRight now, success will depend on the discipline of careful security selection, the team at leading Canadian institutional investment management firm Canso Investment Counsel wrote in their latest Corporate Bond Newsletter, adding that generating alpha will depend as much on knowing what not to own as it does on identifying the credits worth owning. Maple bonds have stolen the showMaple bonds are Canadian-dollar-denominated bonds issued by non-Canadian borrowers. The team at Canso has been tracking these issuances, and noted that Maple issuance doubled in 2025, from $8 billion to $16 billion. In the first six months of 2026, total Maple bond issuance surpassed $35 billion, with U.S. “hyperscalers” entering the Canadian bond market in size for the first time in May. This article is Member Content, provided by Canso Investment Counsel Ltd. MORE TOP STORIESCanadian Family Offices’ third annual multi-family office survey has launchedTake the survey and contribute to ‘The Multi-Family Office Landscape in Canada 2026,’ our must-read report on the state of MFOs The story arc of wealthy families, from the first to the third generationHow does Generation 3 differ from Generations 1 and 2? We ask the experts Why art should be part of estate planning‘There is a growing realization that art collections are becoming more valuable over time and families are starting to take a more holistic view of their wealth overall’ ‘The No. 1 thing to remember is that there’s hope’: Philanthropists reflect on Casey House and its role in the fight against HIV/AIDSForty years after its founding, HIV/AIDS has not gone away, and the work of Casey House is more important than ever, supporters say MORE FROM OUR SUMMER WEALTH REPORTCanada’s wealthiest neighbourhoods: a snapshotCanada’s wealthiest neighbourhoods come with more than eye-watering price tags. They also come with history, ambition and legacy baked right in Making ownership work: Lifestyle assets and the family officeLifestyle assets like luxury homes and collector cars bring special tax and legal considerations for family offices Wealth migration is accelerating. Here’s where the rich are moving.From Costa Rica and Panama to Singapore and New Zealand, these 10 countries are prime destinations for ultra-wealthy migrants |