BCBusiness

February 2017 Game Changer

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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BCBUSINESS.CA FEBRUARY 2017 BCBUSINESS 43 to assemble companies from scratch. "I am a builder," he asserts as the brass band kicks into gear down below. "I come up with a plan and a goal. I hire talent and assemble a team, and I raise capital." S idoo also works his tail o, just like he did when he left pro football for the brokerage business. In his nal CFL season in 1988, with the BC Lions, he spent his mornings at a downtown Vancouver -irm working the phones, then raced to foot- ball practice. After dinner he'd go back to making cold calls, building his client base. "I did that for three months," remembers Sidoo, the rst Indo-Canadian to play in the league. "It was crazy." Sidoo became a top earner and made partner at Yorkton Securities, but after a decade he moved into investment bank- ing, founding several companies in the resource sector. Not all succeeded, but Sidoo struck it rich with American Oil & Gas Inc. In 2010, U.S. petroleum player Hess Corp. bought the business for US$630 million in an all-stock deal. Football is just one of many passions that Sidoo has thrown his time and money behind. One venture that didn't pan out was his 2006 decision to buy a stake in Lumière, then one of Vancouver's top-ranked restaurants. Lumière's high- prole chef, Rob Feenie, had reached out to Sidoo because he was $350,000 in the red. But the relationship soured as Feenie publicly accused Sidoo and his wife, Manjy, of seizing control of the kitchen to force him out. Sidoo maintained that they didn't have anything to do with the food. After Feenie departed, Sidoo imported an even more illustrious chef, Daniel Boulud, from New York. But Lumière had already lost some of its well-heeled clientele and never regained its original cachet. The restaurant closed in 2011. More recently, Sidoo has become known for his philanthropy. In 2006, he and Manjy launched Sidoo Family Giv- ing, a charity whose causes include sup- portive housing for the homeless, school breakfast and arts programs, children's football camps and research into child- hood cancers. Their sons, Dylan and Jor- dan, are involved too. The Sidoo Family Athletics Endowment, which dispenses aid to student athletes, is the largest of its kind at UBC, where Sidoo serves on the board of governors. Giving children a decent breakfast before school strikes a personal chord for Sidoo. His father, an immigrant mill- worker from the Punjab, raised ve kids on a salary of $12,000. "I know that growl- ing feeling in your stomach," he says. "I grew up poor in New Westminster, and there were many days when I only had one meal." The experience marked him. "Why do I continue working as hard as I do?" Sidoo asks. "Because I don't want to end up back in that little house in New Westminster." ON HIS GAME: (Clockwise from top left) Sidoo throwing the ball at UBC; at Down Set Hut kids' football camp; with his family and actor Kevin Spacey; as a Saskatchewan Roughrider with his wife, Manjy; playing for the BC Lions; (far left) as a UBC Thunderbird in the early 1980s

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