The Globe and Mail reports in its Saturday edition that last month Pierre Lassonde was honoured for his many contributions to the arts by Business Arts, a Toronto-based charity that champions business investment in the arts. The Globe's Paul Waldie writes that Mr. Lassonde says: "One thing that I have recognized from Day 1 is that philanthropy is an awful lot about giving an example. Because philanthropy is not inborn, it's taught." He says he has drawn inspiration from his first wife, Claudette MacKay-Lassonde who died in 2000, and his long-time business partner Seymour Schulich, who co-founded Franco-Nevada with Mr. Lassonde in 1983. It was Ms. Lassonde who focused the couple's giving on the arts, education and the community, and Mr. Schulich who set an example of generosity by donating about $400-million in total to many causes including hundreds of scholarships at universities in Canada and Israel. Mr. Lassonde remains passionate about the role business can play in supporting creative talent. He says: "When you think about it, where does capitalism draw its oxygen? It's from innovation, from creation. It's from the bottomless well of human imagination which is the same as what artists do."