Arthur L. Irving, one of the wealthiest individuals in Canada and son of industrialist K.C. Irving, passed away at the age of 93. Irving, who was listed among the top 10 richest Canadians by Forbes Magazine in 2023, had an estimated net worth of US$6.4 billion at the time of his death. He played a significant role in growing the oil business that his father had founded, including overseeing the operations of the largest refinery in Canada located in New Brunswick, as well as the Whitegate refinery in Ireland. Irving began working at Irving Oil in 1951, alongside his father and two brothers, after leaving Nova Scotia’s Acadia University.
After becoming president of Irving Oil in 1972, Arthur Irving served as the chairman emeritus until his death. His passing comes at a time when the company’s Saint John refinery is undergoing a strategic review to determine its future, amidst the global shift away from fossil fuels due to climate change. Despite his success in expanding the company, Irving faced personal challenges, including a contentious divorce with his first wife in 1980 and an estrangement from his eldest son in recent years, as depicted in the book “Irving vs. Irving” by journalist Jacques Poitras. The strained relationship with his son Kenneth, who was expected to be his heir, led to his departure from the family business in 2010.
During the 1980s and 90s, Arthur Irving’s business interests were closely intertwined with those of his brothers, J.K. and Jack, as they each managed different segments of the family’s business empire. The various businesses, including trucking firms, forestry operations, shipping ventures, and media holdings, relied on the energy produced by Irving Oil. In late 2009, the three Irving brothers decided to separate their business interests, with Arthur taking control of the energy division. The company described Irving as a dedicated supporter of Atlantic Canada and its people, emphasizing that his passing marked an irreplaceable loss.
Arthur Irving’s legacy includes his significant contributions to the energy sector in Canada and abroad, as well as his efforts to support the region of Atlantic Canada. Despite his wealth and success in business, Irving also faced personal challenges and estrangements within his family. His dedication to Irving Oil and the growth of the company, as well as his commitment to the community, leave a lasting impact on the business world. As the company honors his memory and looks towards the future, the story of Arthur Irving serves as a reminder of the complexities of family dynamics and business legacies.
