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Obelysk Inc.

Investment & holding company · Toronto · Greater Toronto Area

From an office on Bay Street, John Bitove Jr. runs the family's third-generation act: Obelysk, the holding company whose portfolio spans SiriusXM Canada, the Canadian rollout of Dave's Hot Chicken, Bird Canada's e-scooters and a spread of growth investments. Bitove is the man who won Toronto its NBA franchise in 1993 and served as the Raptors' first chief executive, then founded XM Radio Canada and the wireless carrier Mobilicity.

His grandparents Nikola and Vana Bitove arrived from Gabresh, in the Kostur region of Aegean Macedonia, in 1919; his father built the airport and stadium catering empire; the Canadian Basketball Hall of Fame inducted John Jr. as a builder in 2022. The obelisk the company is named for might as well be the family's own monument.

Details

People
John Bitove Jr., founder
Address
161 Bay Street, Suite 2300, Toronto, ON M5J 2S1
Website
obelysk.com

Sources (2)

  1. https://obelysk.com
  2. https://en.wikipedia.org/wiki/John_Bitove

  • Macedonia 2025

    Diaspora economic-development organisation · International; strong Canadian chapter

    The diaspora's economic engine room: a non-political 'think and do tank' founded in 2007 to lift North Macedonia's economy through competitiveness, entrepreneur...

    Website: https://www.macedonia2025.com

    Macedonian connection: The diaspora's business 'think & do tank', founded and led in large part by Macedonian-Canadian executives.

    Sources: https://www.macedonia2025.com/

  • SiriusXM Canada

    Satellite & streaming radio · Toronto

    Community-affiliated

    Canada's largest subscription-radio service exists because John Bitove Jr. founded Canadian Satellite Radio in 2002, brought XM to Canada in 2005, and steered t...

    Website: https://www.siriusxm.ca

    Macedonian connection: Canada's satellite-radio company was founded, and is still part-controlled, by John Bitove Jr. of the Macedonian-Canadian Bitove family.

    Sources: https://en.wikipedia.org/wiki/SiriusXM_Canada

  • Torstar / The Toronto Star

    News media · Toronto

    Community-affiliated

    In 2020 Jordan Bitove co-led NordStar Capital's $60-million purchase of Torstar, and after the partnership's 2022–23 arbitrated split he emerged as sole owner a...

    Website: https://www.thestar.com

    Macedonian connection: Canada's largest-circulation newspaper is owned and published by Jordan Bitove, third generation of the Macedonian-Canadian Bitove family.

    Sources: https://en.wikipedia.org/wiki/Torstar

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