Vancouver mining giant Teck Cominco purchases Elk Valley Coal Partnership's assets for US$14 billion. A year later, the renamed Teck Resources Ltd., which had faced criticism and legal challenges for its environmental standards, adopts stronger ecological and social sustainability practices. In 2012, chair and CEO Norman Keevil wins the Pacific EOY Lifetime Achievement Award.
Chief Clarence Louie, Osoyoos Indian Band Development Corp.
president and CEO of
(OIBDC), receives the Pacific award for Social Entrepreneur. The first and, to date, only First Nation chief recognized by EOY, tough-talking Louie became head of the Osoyoos Indian Band in 1984, at age 24. He created OIBDC and built it into a major player in the tourism industry, with some $28 million in annual revenue and holdings that include two resorts, a winery and a golf course.