Maurice Tanguay Explained

Maurice Tanguay
Birth Date:20 September 1933
Birth Place:Saint-Philémon, Quebec, Canada
Death Place:Lévis, Quebec, Canada
Occupation:Businessman

Maurice Tanguay (20 September 1933 – 25 February 2021) was a Canadian businessman.[1]

Biography

Tanguay was born in 1933 in Saint-Philémon. His father, Romeo, was a mechanic and owned a bus company. He graduated from the, where he played ice hockey. He opened his first company in Montmagny, which was a Dodge and DeSoto dealership along with a Shell service station. He then sold his business in 1960 to open a furniture store, which he called Ameublement Tanguay. He was one of the first in the furniture market to offer credit to customers, which they could pay back after six months. He also acquired a dairy, which he used to gain extra financial traction while waiting for credit payments.

Tanguay was always interested in sports, and founded his own junior hockey club in 1957 in Montmagny. He simultaneously created other hockey and baseball clubs in and around Quebec City. At the same time, Ameublement Tanguay saw its business flourish, with $65,000 in sales in its first year and over $300 million in 2015.[2] In 1987, he sold the business to Groupe BTMC.[3] [4]

In 1991, he created the Fondation Maurice-Tanguay, which aimed to help sick and disabled children in eastern Quebec. From its foundation to 2011, it had raised and distributed nearly $12 million.[5]

In 1995, Tanguay acquired the Saint-Jean Lynx of the Quebec Major Junior Hockey League and subsequently moved them to Rimouski and renamed them the Rimouski Océanic. He administered the team until 2016, when he left it to his grandson, Alexandre Tanguay.[6]

Maurice Tanguay died in Lévis on 25 February 2021 at the age of 87.[7] [8]

Honors

Notes and References

  1. Web site: Décès de Maurice Tanguay : nombreux hommages à un grand bâtisseur. 25 February 2021. Radio-Canada. French.
  2. Web site: La flamme éternelle de M. Tanguay. 18 September 2016. Le Journal de Québec. French.
  3. Web site: Ameublement Tanguay. Etudier.com. French.
  4. Web site: " Je n'ai pas le profil d'un politicien ". 23 March 2012. Le Journal de Québec. French.
  5. Web site: Maurice Tanguay - Le bonheur de donner. 26 January 2011. Magazine Prestige. French.
  6. Web site: Maurice Tanguay: la fin d'un règne. 3 June 2016. Le Soleil. French.
  7. Web site: Sidney Crosby mourns Rimouski Oceanic owner. 26 February 2021. The Chronicle Herald.
  8. Web site: Businessman, philanthropist and Rimouski Oceanic founder Maurice Tanguay has passed away. 26 February 2021. iHeartRadio Canada.
  9. Web site: Mr. Maurice Tanguay - Order of Canada (2002). The Governor General of Canada.
  10. Web site: M. Maurice Tanguay - Queen Elizabeth II Golden Jubilee Medal (2002). The Governor General of Canada.
  11. Web site: Maurice Tanguay - Queen Elizabeth II's Diamond Jubilee Medal (2012). The Governor General of Canada.
  12. Web site: Maurice Tanguay - Officier (2012). Ordre National du Québec. French.
  13. Web site: Biographie de: TANGUAY, Maurice. Panthéon des sports du Québec. French.