Early Life
Peter Gilgan was born in Burlington, Ontario, in 1951, into a middle-class family with six siblings. His father worked as an electrician, and his mother raised the family. After graduating high school, he trained as a chartered accountant before transitioning to the construction industry.
Rise to Success
Gilgan's entrepreneurial journey began in 1978 when he founded Mattamy Homes, named after his two oldest children, Matt and Amy. He started by building a single home and gradually expanded, eventually constructing entire neighborhoods. Gilgan's company grew to become the largest privately-owned homebuilder in North America, with operations across Canada and the United States. He is known for adapting to market changes and is a pioneer in planned communities.
Key Business Strategies
Gilgan's success can be attributed to his research-driven approach. He emphasized thorough market analysis before making key decisions, including planning for contingencies. This approach allowed him to adapt quickly and seize opportunities. Gilgan also focused on building communities and relationships with employees, recognizing their importance as the business grew.
Philanthropy
Peter Gilgan is renowned for his significant philanthropic contributions. Through his foundation, he has donated over $500 million to various causes. Notable donations include $100 million to The Hospital for Sick Children (SickKids) in 2019, and $105 million to Trillium Health Partners. He supports healthcare, education, and community initiatives, inspiring generosity.