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FYI

Billboard Canada FYI Bulletin: The Slaight Family Foundation Makes A Major Donation to Dementia Research and Care

Gary Slaight, who won the Billboard Canada Power Players Impact Award this year, says the condition affecting many older Canadians is one of the greatest health care challenges we face today. The foundation has pledged $30 million to support seven Canadian organizations with programs for research, prevention and care.

Gary Slaight

Gary Slaight

Courtesy Photo

The Slaight Family Foundation has stepped up to the plate with a $30M donation to support seven Canadian organizations with dementia research, prevention and compassionate care programs.

Recipients named are the Alzheimer Society of Canada ($3M), Baycrest ($9.5M), Belmont House ($700K), Centre for Addiction and Mental Health ($6.5M), Egale ($3M), TMU’s National Institute on Ageing ($3M) and Sunnybrook Health Sciences Centre ($4.3M).


In a statement, Gary Slaight, president and CEO of the Slaight Family Foundation, notes that “One of the greatest health-care challenges we face is the growing number of older Canadians living with dementia, projected to affect 6.3 million people between 2020 and 2050.”

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Dr. Samir Sinha, Director of Health Policy Research at Toronto Metropolitan University’s National Institute on Ageing, underscores the need for research funds and general support for those afflicted with dementia, estimating that 350 people in Canada develop the disorder each day or more than 15 persons every hour.

Continuing, Slaight says “dementia care demands a comprehensive, collaborative approach. Through this funding to our exceptional partners, we aim to accelerate progress, foster innovation and enhance the lives of those affected” by the neuro-cognitive disorder that can affect thinking, memory, reasoning, personality, mood and behaviour.

Gary Slaight was named to Billboard Canada's Power Players list this year and presented with the Impact Award for his tireless philanthropy work and as a benefactor for many Canadian music initiatives.

The Slaight Family Foundation was established in 2008 by Slaight and his father Allan Slaight (1931-2021), who, known as a Canadian broadcast pioneer, was a leader in the music industry and a prominent philanthropist.

For more than a decade and a half, the Slaight Family Foundation has pledged strategic initiatives across multiple organizations, including a $50M donation in 2013 to five Toronto hospitals to fund new MRI technology, emergency services, mental health care, and maternity care.

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It has funded programs addressing global humanitarianism, promoting the healthy development of children and youth across Canada, supporting Indigenous issues, assisting with mental health challenges exacerbated by the COVID-19 pandemic, supporting women and girls at risk in Canada and bolstering major theatres recovering from the impacts of the pandemic. This new $30M dementia initiative brings the total support for these strategic initiatives to $251.5M.

Separately, the family has funded innumerable Canadian music initiatives, including the launch of Slaight Music in 2011. The Canadian talent development initiative has funded 40+ artists to date and supported a variety of music-related causes, events and awards bodies including the Junos, the Polaris Prize, Luminato and Canada’s Walk of Fame. Through the Slaight Family Music Lab, the family also fosters the next generation of Canadian artists in music and on screen.

For 15 years, Slaight Music also funded FYI Music News which continues to serve as an important platform for the Canadian music industry as part of Billboard Canada.

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Val Blavatnik
Courtesy WMG

Val Blavatnik

Business News

Val Blavatnik to Oversee Warner Music Canada in New Role at Warner Music Group

Blavatnik will oversee Warner Music Canada as managing director of Warner Music North America, U.K. and Corporate Development at WMG. As part of a slew of executive announcements, Simon Robson will be leaving the company, while Alejandro Duque takes the top international role.

Val Blavatnik, the 28-year-old son of Warner Music Group majority owner and vice chairman Len Blavatnik, has been named managing director of Warner Music North America, U.K. and Corporate Development at the Warner Music Group, the company announced Friday (Sept. 25). In his new role the younger Blavatnik, who has held several roles at the company in recent years, and has been a board member since 2023, expects to “unify and drive business and operational strategy across these markets while guiding the company’s investment strategy to support growth,” according to a press release.

The Blavatnik announcement is part of a flurry of new executive announcements that CEO Robert Kyncl made this morning. In addition, Atlantic Music Group chairman/CEO Elliot Grainge will take on ADA in the U.S. as its new chairman, while Alejandro Duque, who has held the dual roles of president of Warner Latin and president of ADA since last July, has been named president of Warner Music International, adding Asia-Pacific and Europe, the Middle East and Africa under his oversight. (Duque will continue to oversee ADA outside the U.S.) Zach Friedman, currently COO at Atlantic Music Group, will add the title of vice chair of ADA U.S. to his resume.

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