Wednesday, April 1, 2009

Moncton CEO Mulling Over PM's Offer


April 1, 2009
Moncton, NB

Prime Minister Stephen Harper announced earlier this morning that he will invite Mr. Ken LeBlanc, President & CEO of to become the newly created Minister of State for Youth Entrepreneurship.

Now it is wait-and-see time for the Moncton-based entrepreneur.

LeBlanc is said to be in seclusion this morning with his closest confidants, weighing his options in light of the offer to head to Ottawa and lead a newly-created government department, designed to accelerate the level of youth entrepreneurship in Canada.

LeBlanc, a Lakeburn native who bootstrapped a $100 dollar investment into a national franchising juggernaut, was among a select group of business leaders who conferred with the Prime Minister recently at a private gathering organized by the Canadian Youth Business Foundation (CYBF) in Toronto.

What is known to this point is that LeBlanc was instrumental in making the Prime Minister aware of the unique opportunity Ottawa has to jump start the economy at the grassroots level. LeBlanc, a member of the board of directors with the Canadian Franchise Association was quoted as saying, “I wanted the Prime Minister to know first hand that the world of Canadian franchising has never been brighter and that opportunities are everywhere for self-starters who want to control their own destiny. Change always brings opportunities and we know change is all around us and so are the opportunities”.

For his part, Prime Minister Harper earlier stated, "Having Ken LeBlanc at the cabinet level will allow him to work closely with Minister Peter MacKay (National Defence, Atlantic Gateway) and Minister Keith Ashfield (ACOA) on protecting and advancing Canada’s interest and entrepreneurial values on the world stage,” commented the Prime Minister. “He will also take on the additional responsibility of creating a new Secretary of State (Youth Entrepreneurship), determine what is required from a staffing and budgeting perspective and be an excellent representative for young business people internationally. ”

Neither the PM or LeBlanc have been available for comment, but the Pontiff of Private Sale has retreated to a quiet location for some required soul searching. Insiders tell TSB he will make his decision public by noon Atlantic time today.

LeBlanc is the youngest person ever elected to the Atlantic Business Hall of Fame and has been recognized as a 5-time Top 50 CEO by Atlantic Business Magazine. His company,, based in Moncton, NB has 116 franchise locations across Canada, making it the largest private home sale network in North America. The firm acts as the marketing arm for people who want to handle the heavy lifting themselves, such as showing the home, fielding calls from potential buyers, negotiating price while avoiding the cost of real estate commissions.

No comments: