Raymond Loewen, Date of Birth
TweetRaymond Loewen
Member of the Legislative Assembly of British Columbia
Date of Birth: 
About Raymond Loewen
- Raymond L.
- "Ray" Loewen (born June 27, 1940) was a business owner and political figure in British Columbia.
- He represented Burnaby-Edmonds in the Legislative Assembly of British Columbia from 1975 to 1979 as a Social Credit member. Born in Steinbach, Manitoba, the son of Abraham Loewen, a funeral parlour operator, Loewen completed a degree in theology at Briercrest Bible College in Saskatchewan.
- When his father became ill, he took over the family business.
- He married Anne Heinrichs in 1962.
- In 1969, Loewen and his family moved to British Columbia.
- At that time, he also became involved in real estate and transportation.After leaving politics, Loewen was involved in real estate for a time.
- During the mid-1980s, he began acquiring Canadian funeral homes.
- In 1987, the Loewen Group expanded into the United States.
- By 1997, the company had 15,000 employees and operated 1,115 funeral homes.
- In 1995, a funeral home operator in Mississippi won $500 million in damages in a breach of contract suit.
- The large amount of punitive damages awarded relative to business assets not worth more than $4 million was criticized, but this setback led to a downturn in the company's fortunes.
- In 1998, Loewen stepped down as CEO and sold his shares in the company.
- The Loewen Group filed for bankruptcy protection in 1999; in 2002, it was restructured as the Alderwoods Group..
- In 2006, Alderwoods board of directors sold Alderwoods to SCI (Service Corporation International), an American Funeral Corporation.
- In 2008, Loewen's Twin Cedars estate in Burnaby was listed for sale at $25 million (Canadian), and was sold June 2012 for $9.948 million.
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