Private and Public Sector Career and Activities (1989-present)
Parasiuk moved from Winnipeg, Manitoba, to the Lower Mainland of British Columbia in 1989, accepting the position of founding President of Vancity Enterprises, a real estate investment and development subsidiary of Vancouver City Savings Credit Union. Under his leadership, Vancity Enterprises went through an innovative and successful start-up with award winning developments such as private residences providing assisted care at Queens Park Hospital, subsidized housing located over a Vancity Community branch and the Vancouver City Savings Credit Union Headquarters, constructed on previously unusable land due to the Skytrain rapid transit unit, which now passes through the building.
In 1992, Parasiuk was hired by the government of then British Columbia Premier Michael Harcourt to work as Chair and Chief Executive Officer of the British Columbia Trade Development Corporation until he left in 1995. Parasiuk was an advocate of developing Vancouver as the gateway to Asia and focused on expanding trade and investment to and from Asia, especially China and India. He also pursued the expansion of the film industry in B.C.
Parasiuk was the Director of Quorum Growth Inc., then a publicly traded venture capital company, from 1993 to 1997, Director of Quorum Growth International Ltd. from 1994 to 2000 and was named President of Quorum Funding International in 1995. From 1995 to 1997, Parasiuk was Chairman of the British Columbia International Power Group Inc.
During his entire career, Parasiuk has been a board member for several private, non-profit and public organizations outside of his primary work activities. From 1989 to 1991, Parasiuk was a Director of the Canada West Foundation and in 1992 acted as Moderator for the B.C. Premier’s Summit on Trade and Economic Opportunity. He was a member of the World Economic Forum from 1992–1995, as well as a member, from 1992 to 1998, of the Prime Minister’s Advisory Committee on Government Restructuring (now the Advisory Committee on the Public Service) and Director of the Public Policy Forum during that time.
Parasiuk has remained active in health-care policy research in Canada, having been a Director of Interhealth Canada Ltd. from 1994 to 2002 and Chairman of Interhealth Canada (China) Inc. from 1995 to 2003 and Chairman of the Beijing Toronto International Hospital Co-operative Joint Venture from 1996 to 2001, the first-ever private healthcare facility in Beijing, China. This project has not been completed due in large part to funding problems brought on by the East Asian financial crisis of the mid to late 1990s.
In 1999, Parasiuk became the Managing Director of Interhealth Canada Limited Abu Dhabi, overseeing the start-up of the then Sheikh Khalifa Medical Center, a 335 bed, 1500 staff, accredited Western standard international hospital, now known as the Sheikh Khalifa Medical Pavilion, a central piece in the Sheikh Khalifa Medical City. When Parasiuk left Interhealth Canada Limited in 2002, he held the positions of Vice-Chairman of the Board, President and CEO.
Since 1995, Parasiuk and his company, Paralink Management Ltd., have been involved in organizing private/public sector partnerships in the export of Canada’s expertise with emphasis on Canada’s healthcare, education and civics expertise. Paralink also provides advice on energy development matters. The Paralink group of companies are also involved in the recruitment and placement of foreign workers in Canada.
Parasiuk has not remained active in partisan politics, although in 2003 he publicly supported Bill Blaikie's campaign to lead the federal New Democratic Party.
Married since 1967 to Wilma Dorothy Parasiuk (née Hewitson), also of Winnipeg, Manitoba, he has two children and resides in the Vancouver area.
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