Steele, Harry R. | 2000

Harry R. Steele

Following a 24 year career in the Royal Canadian Navy, Harry Steele made his entrance into the Newfoundland business community by becoming a major shareholder of Eastern Provincial Airways. He eventually acquired control as majority shareholder, and would orchestrate the sale of EPA to Canadian Pacific Airlines for a profit of $20 million – his first in a series of blockbuster deals.

Harry Steele formed Newfoundland Capital Corporation, a publicly traded transportation and communications company. Today, Newfoundland Capital Corporation has grown into a powerhouse in the Canadian media business, with current holdings including 22 radio stations, 20 newspapers, Robinson Blackmore Printing and Publishing, Metro Guide Publishing, and the Glynmill Inn in Corner Brook.

Harry Steele is well respected in the business community, having been recently named by Canadian Business Magazine as the 18th most powerful businessman in Canada. He is a Past Governor of the Atlantic Provinces Economic Council, and is an Officer of the Order of Canada.

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