Overview
- The Calgary Flames and Calgary Sports & Entertainment Corporation issued a joint statement confirming Alvin G. Libin’s death and expressing deep regret over his passing.
- Libin was one of five investors who bought the Flames in 1994 and helped reorganize the ownership into Calgary Sports & Entertainment Corporation, which now holds multiple Calgary franchises and the Scotiabank Saddledome.
- He served as president and chief executive officer of Balmon Investments Ltd and ran business interests that included real estate, energy and financial services.
- Libin chaired civic and health boards such as the Foothills Hospital board of trustees and the Alberta Heritage Foundation for Medical Research and received the Order of Canada, the Alberta Order of Excellence, and the Queen Elizabeth II Diamond Jubilee Medal for his philanthropy.
- CSEC leaders said Libin’s vision and generosity shaped Calgary’s sports and health sectors and his death removes a longtime voice in ownership and community philanthropy while the group continues to operate the teams and venues.