Carlo Fidani, the chairman of Mississauga-based Orlando Corporation, has been appointed to the Order of Canada. This honour recognizes Canadians whose contributions and achievements made Canada a better country, as well as non-Canadians who have made the world better by their actions.
Mr. Fidani’s Orlando Corporation is Canada’s largest privately-owned industrial real estate developer and landlord. Orlando owns, leases, and manages over 43 million square feet of industrial, office, and retail property.
The company was founded as Fidani and Sons in 1948 by Carlo’s grandfather (also named Carlo), who immigrated to Canada from Italy. The company was eventually transferred to Orey Fidani, Carlo Fidani’s father, who expanded the business. In 2000, following the death of his father, Fidani became Chairman of Orlando Corp. and further grew and diversified the company.
The third-generation construction magnate and avid NASCAR enthusiast Carlo Fidani, is estimated by Forbes magazine to have the net worth of $2.4 billion. But Mr. Fidani is equally well-known for giving money away, particularly to medical- and health-related causes.
Among the more notable donations, Mr. Fidani gave $10 million to the University of Toronto’s Faculty of Medicine to help deal with Ontario’s chronic shortage of family physicians. His donation inspired others to follow suit, raising enough funds for the University to lay the foundation for the Mississauga Academy of Medicine, a partnership between U of T’s Faculty of Medicine, U of T Mississauga and Trillium Health Partners. The new academy adds 54 medical doctors to Ontario each graduating year.
In 2015, his Orlando Corp. launched gift-matching initiative that will see it donate up to $15 million to William Osler Health System’s three hospital sites in the Toronto-Mississauga area. The company gave another $7 million last year for cancer research at the University of Toronto Mississauga campus.
Besides being a highly successful business man, Mr. Fidani is well known for his support of numerous community efforts and organizations in the GTA while serving as president of the Carlo Fidani Foundation.
Philanthropy seems to be a Fidani family trait. His immigrant grandfather who started the successful business in 1948, had the same philanthropic bent. Speaking of his grandfather, Carlo Fidani said, “Even in the Depression, when we he didn’t have much, he found ways to help people.”