Welcome to the official website of Frank Stronach, a visionary entrepreneur, philanthropist, and dedicated advocate for positive change. Explore his remarkable journey, impactful ventures, and commitment to making a difference.
What Drives Frank Stronach
Frank Stronach has built successful companies from scratch. Created tens of thousands of jobs, and changed the way industries operate.
Throughout his career, he has been driven by the desire to create an environment where people can reach their full potential and share in the success of the businesses he has built.
Frank Stronach champions the opportunity to accumulate wealth, escape poverty, and grow up healthy and happy. Continuously searching for ways to give people greater opportunities to improve their lives, whether through skills training, profit sharing, or programs providing children with healthy meals, Stronach is dedicated to the pursuit of individual happiness and economic freedom. His mantra underscores that the only true measurement of success is the degree of happiness attained. His core philosophy recognizes people’s fundamental desires for personal freedom, allowing them to choose their road to happiness, and economic freedom, enabling financial independence.
Who is Frank Stronach
Delve into the extraordinary life story of Frank Stronach, including his early upbringing, educational background, and the significant milestones that shaped his career.
Early Years
Explore Stronach’s humble beginnings in Austria and his unwavering determination to create a better life for himself and others.
Achievements
Learn about the numerous awards and accolades that recognize Stronach’s outstanding contributions in business and philanthropy.
The 7-Point Program
Uncover Frank Stronach’s comprehensive 7-point program aimed at driving positive change and creating a better society:
- Inclusive Education for All
- Economic Prosperity
- Strong Communities
- Environmentally Sustainable Practices
- Accessible Healthcare
- Equal Opportunities
- Leadership Development
Philanthropy & Social Impact
Enhancing Health
Discover Stronach’s initiative to promote the health and wellbeing of school children through organic food and nutritional education.
Humanitarian Efforts
Explore Stronach’s philanthropic endeavors that have made a lasting impact on communities affected by natural disasters and humanitarian crises.
Environmental Conservation
Learn about Stronach’s commitment to preserving and protecting the environment through various conservation initiatives.
Business Ventures
Automotive Industry
Find out about Stronach’s revolutionary ventures in the automotive industry, including the creation of the iconic Magna International.
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Real Estate Development
Explore Stronach’s innovative projects in real estate development, combining sustainability and architectural excellence.
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Green Energy
Discover how Stronach has played a pivotal role in advancing zero-emission solutions globally, shaping a greener and more sustainable future.
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Thoroughbred Racing
Learn about Stronach’s love for horses and his influential contributions to the world of thoroughbred racing.
Media & Publications
Inspiring Books
Discover Stronach’s literary works that unveil his unique insights into entrepreneurship, leadership, and creating positive social change.
Noteworthy Interviews
Explore interviews and podcasts featuring Stronach where he shares his wisdom, experiences, and vision for a better world.
Influential Articles
Dive into thought-provoking articles written by Stronach, covering a wide range of topics from business strategies to philanthropy.
To support small businesses, exempt them from corporate income tax
In today’s highly competitive global economy, countries fight tooth and nail for corporate investments, promising everything from tax breaks to subsidies. Why? Because these investments bring jobs, and jobs have become one of the world’s most precious commodities. Article contentCanada’s unemployment rate rose to 5.5 per cent in July, according to Statistics Canada — the highest it’s been since February 2022. That’s more than one million people looking for work. When I was CEO of Magna, whenever we opened factories in small towns across Southern Ontario, it usually meant hundreds of new jobs and a big boost to the local economy. But most jobs in Canada don’t come from big corporations — they come from small businesses. According to statistics
Socialism is not the solution to inequality
Most of us seek balance in all aspects of our lives. But that same ongoing quest to attain balance should also guide the functioning of our society, our government and our economy. And right now, Canada is unbalanced in many areas that shape the quality of our lives. Take wealth, for example. According to a report from the Office of the Parliamentary Budget Officer, in 2019, the top one per cent of Canadians held 25 per cent of the country’s net wealth, while the bottom 40 per cent of Canadian families barely owned more than one per cent. The report also found that the household wealth gap — the difference in the share of net wealth owned by households at
Narrowing the gap between rich and poor
In its latest report on the wealth of Canadian households, Statistics Canada found that the gap between the country’s wealthiest and poorest citizens is widening at a record pace. The report also found that most of the country’s wealth is held by relatively few individuals. According to the study, the wealthiest 20 per cent of Canadians account for nearly 68 per cent of the country’s net worth, while the bottom 40 per cent account for just three per cent. Those with the lowest incomes have been hardest hit by soaring inflation and stagnant wages, according to the study. Middle-class Canadians, meanwhile, spent an average of $1,306 more than they earned in income in the first quarter of this year. To
Socialism is not the solution to inequality
Most of us seek balance in all aspects of our lives. But that same ongoing quest to attain balance should also guide the functioning of our society, our government and our economy. And right now, Canada is unbalanced in many areas that shape the quality of our lives. Take wealth, for example. According to a report from the Office of the Parliamentary Budget Officer, in 2019, the top one per cent of Canadians held 25 per cent of the country’s net wealth, while the bottom 40 per cent of Canadian families barely owned more than one per cent. The report also found that the household wealth gap — the difference in the share of net wealth owned by households at
Business magnate Frank Stronach calls for more companies to embrace ‘fair business’ approach
Frank Stronach, the founder of automotive parts supplier Magna International, a company he started in a garage and now has sales of over US$35 billion, has a few ideas about how to make Canada more prosperous, democratic and free. On Tuesday night, the Order of Canada recipient and 2023 Executive in Residence at the University of Toronto Scarborough delivered the first of two planned special lectures. Much of his talk focused on his management philosophy called fair enterprise, a profit-sharing model he credits for accelerating the growth of Magna. According to Stronach, once employees at Magna participated in profit sharing, the company’s revenue increased 60 per cent in the first year, 100 per cent in the second and 200 per
Intrusive government regulators must back off
Former U.S. president Ronald Reagan used to say that the scariest words in the English language are, “I’m from the government and I’m here to help.” Audiences loved that line because it really hit home. However well-intentioned our government officials are, they usually end up making everything a little more difficult, a little more costly and a little more complicated. About 10 minutes up the road from my office is a new eight-storey, 422,000-square-foot facility built by the local regional municipality. The new administrative office, which cost more than $200 million to build, will oversee a variety of public services and house 1,500 government employees. What worries me most is what many of these civil servants will be doing day
Gallery
Philanthropy
Witness the transformative power of Frank Stronach’s philanthropic efforts through captivating images of impactful projects.
Business Ventures
Experience the spirit of innovation and entrepreneurship showcased through captivating visuals of Stronach’s successful ventures.
Personal Moments
Discover intimate moments from Stronach’s personal life, celebrating the importance of family and cherished memories.
Resources
Access a wealth of resources including articles, videos, and learning materials that delve deeper into Frank Stronach’s inspiring journey, visionary ideas, and philanthropic initiatives.
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Articles & Publications
Explore a curated collection of articles and publications that shed light on various aspects of Stronach’s life and work.
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Videos & Interviews
Watch insightful videos and interviews featuring Frank Stronach, offering valuable knowledge and inspiration.
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Educational Materials
Discover educational resources designed to inspire the next generation of entrepreneurs and changemakers.
Contact
Reach out to Frank Stronach and his team to discuss collaborations, speaking engagements, or any inquiries you may have. They look forward to hearing from you.
Discover the Life and Legacy of Frank Stronach
Step into the world of Frank Stronach and experience his journey from nothing to everything. Our gallery showcases the incredible life of this billionaire entrepreneur and philanthropist, featuring interactive exhibits, entrepreneurial insights, and reflections on the industries he has impacted.
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