About Samuel Belzberg
Samuel Belzberg, Canadian businessman and philanthropist (died 2018) By the late 1980s, First City Financial Corp, now a diversified holding company, had assets of $5.4 billion with operations in Canada and the US. During the 1990s, Belzberg founded Balfour Holdings Ltd., a real estate company which, at its peak, operated over 26 projects spreading through the United States. In 1962, he founded the provincial trust company, City Savings and Trust in Edmonton which was heavily involved in real-estate development financing. In 1970, he founded First City Financial Corp as the parent company for City Savings and Trust.
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