10: Jimmy Pattison
Net Worth: $5.74 billion
Change from 2016 Ranking: ▼16.6%
Major company holdings: Jim Pattison Group
The Jim Pattison Group’s grocery business continues to show it won’t sit idle while national chains Loblaws and Sobeys bulk up their presence in Western Canada. This year, Pattison’s Overwaitea Foods took over three Vancouver-area supermarkets from H.Y. Louie and a former Thrifty Foods location from Sobeys. The group also opened its first Save-on-Foods in Saskatchewan and announced an opening in Yukon for 2017. This is all part of a plan to grow to 200 outlets across Western Canada, an increase from about 150 in Alberta and B.C. today. Overwaitea’s wholesale arm will also take over supplying dry goods to IGA and other stores from H.Y. Louie, which is leaving that business.