Annette Verschuren
Location: Nova Scotia| Profession: Business
"There's no question university helps a person find focus and develop discipline."
The Arts
Alex Colville
Barry Avrich
Bruce Mau
Christopher Pratt
David Shore
Edward Burtynsky
June Callwood
Diane Dupuy
Deepa Mehta
Karen Kain
Lynn Johnston
Patricia Rozema
Patrick Morrow
Raffi
Raymond Moriyama
Rob Feenie
Robert Bateman
Rosemarie Landry
Valerie Pringle
Mark Rowswell/Dashan
Yannick Nezet-Seguin
Vivienne Poy
Mary Walsh
Business
Phyllis Yaffe
David Pecaut
Jim Pattison
Peter Munk
Robert Schad
Rossana Magnotta
Sherry Cooper
Annette Verschuren
Margot Franssen
Bruce Poon Tip
Phil White and Gerard Vroomer
Wallace McCain
Medicine/Science
James Orbinski
Huldah Buntain
Indira Samarasekera
Roberta Bondar
Zoe Brabant
James Gosling
Tirone David
Dennis Chitty
Joseph MacInnis
Law/Politics
Beverley McLachlin
Brian Mulroney
Philippe Couillard
E.D. Bayda
Edward Greenspan
Jennifer Welsh
Hazel McCallion
James Bartleman
John Godfrey
Lynda Haverstock
Ralph Goodale
Alan Sullivan
Matthew Coon-Come
Angus Reid
Ujjal Dosanjh
Larry Campbell
Daurene Lewis
Sports
Daniel Igali
Red Kelly
Norman Kwong
Bob Rumball
Ron Foxcroft
Rick Hansen
![]() Karen Kain 1971 |
Annette Verschuren was born on a farm in North Sydney, Cape Breton Island in 1956. After a serious heart attack, her father had to give up running the property and, at the age of thirteen, she was forced to run the affairs of the farm, along with her four siblings. An adolescence of doing chores and birthing cows instilled in her a strong – though unique – work ethic. She is now the president of The Home Depot Canada. As well as being on the board for Habitat for Humanity, she was appointed by the Prime Minister to the North American Competitiveness Council in 2006.
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![]() Karen Kain 2005 |
| 1956 | born in North Sydney, Nova Scotia |
| 1974 | starts studying Arts at Saint Francis Xavier University |
| 1977 | graduates with a business degree; hired by The Cape Breton Development Corporation |
| 1986 | joins the Canada Development Investment Corporation, an arm of the federal government involved in privatizing crown corporations |
| 1992 |
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| 1996 | becomes President of Home Depot Canada |
The Cape Breton Development Corporation
Four companies wanted to hire me out of university, including an accounting firm and a radio station. But I wanted to work in Cape Breton for this mining company. Four people from my graduating class applied for the job, many with connections in the coal mining business. One guy was even the son of a mayor. I thought, “The chances of me getting this are pretty slim.” But I did my homework. I spent three days getting prepared for that presentation. I went in to meet with this guy for the interview. I’ll never forget it: I had an hour and a half with him, and I told him what I’d do to turn the tourism industry in Cape Breton around. I had read all the annual reports of The Cape Breton Development Corporation. I was very informed. I think that just blew him away. I’ve learned that being prepared, being knowledgeable, respecting who you’re going to meet and being clear about the direction you want to take are all really critical.
I was twenty-one when I started working at the Corporation. It was an amazing time. We were trying to leverage the coal mining business to support secondary businesses in Cape Breton. I was involved in the industrial development around the Corporation. Because the company was central to the area, they needed to set up secondary industries to make the region more diverse for the working population. “Industrial development” meant creating jobs for displaced workers. I worked with all the various industries developed for this purpose: in metal fabrication plants, sawmills, and tourism. I helped sawmill companies expand, worked with them on their business plans and established loans with the government. I remember giving a loan to a woman who needed to supplement her income in order to open a bakery. To see that little bakery open was really wonderful. I also remember giving a loan to a woman who wanted to buy a sewing machine to start a business. That woman is still operating in Cape Breton.
I was in way over my head when I started. I didn’t have a clue. But I love drowning in any situation – you really learn in that environment. I had a couple of bosses at the Corporation that said, “Look, Annette. I don’t know how to do it. You figure it out. You can develop a program on your own.” And so I did. And I worked in an extraordinarily male-dominated business. I was the only woman in that environment for three years.
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