He owned Pacific Meat Company, one of the largest meat-packing plants in western Canada and established West Coast Reduction Ltd., an exporter of tallow. Wosks Ltd. He was the co-owner of the racetrack at Hastings Park. He had a major hand in bringing the British Empire Games to Vancouver in 1954. He also co-founded the B.C. Jockey Club and founded the Vancouver Variety Club. SFU is planning a special memorial service in honour of Diamond.
Details are forthcoming.