A four-time graduate of the University of Manitoba is now its biggest philanthropist after donating $20 million to the university's school of music.
Marcel Desautels, former president and CEO of Creditel of Canada Ltd., the largest commercial credit information and debt recovery provider in the country, announced his gift this morning at the Fort Garry campus.
Desautels, who had previously donated $6 million to the U of M and millions more to McGill University and the University of Toronto through his foundation, tried to downplay the donation. He said it paled in comparison to the $47 million recently allocated by the province to the U of M’s Project Domino campus renovation plan.
Desautels said it was a natural to donate the money to the school, which has now been renamed the Marcel A. Desautels Faculty of Music.
“I have four degrees from (the U of M),” he said. “I believe when you’ve been fortunate in life, you have an obligation to give back.”