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Canada’s Best Managed Companies

Recognizing excellence in private Canadian-owned companies.

Have what it takes to be the best?

About

Celebrating Canadian business excellence

Canada’s Best Managed Companies is Canada’s leading business awards program, recognizing excellence in private Canadian-owned companies. Each year, hundreds of entrepreneurial companies undergo a rigorous application process, but only the best are awarded with this prestigious designation.

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Who can apply?

Companies wishing to apply must meet the following criteria:

Full list of criteria and revenue requirements

Revenue:

  • Companies with revenues of $50 million CA or greater
  • Companies with revenues under $50 million will be considered if they can show positive year over year growth trending towards $50 million in the near term

Ownership:

  • Canadian-owned private company including private equity portfolio companies OR
  • Canadian-owned co-operative; OR
  • Foreign-owned, Canadian-based (global) headquarters; private company where management team resides in Canada; OR
  • Canadian-owned closely held public company with fewer than 50% of their shares or units traded

Ineligible entities include

  • Canadian-owned public companies with more than 50% of their shares or units traded;
  • Private equity firms, credit unions, mutual or co-operative insurance companies;
  • Subsidiaries of a foreign owned parent where global headquarters or management is not located in Canada;
  • Charities and not-for-profit;
  • Government/public sector.
  • Additionally, all companies will be subject to independence review and verification.

For more information on eligibility, please contact bestmanagedcompanies@deloitte.ca

Evaluation framework

Strategy

Most Best Managed companies have a formal methodology for strategy development, ensure the strategy reflects all stakeholders, have the right capabilities and metrics in place to execute their strategy, and clearly and consistently communicate the strategy to all levels of the organization.

  • Purpose, vision, mission & strategy
  • Strategy development
  • Strategy execution
  • Strategy communication & alignment

Culture and Commitment

Best Managed companies build a strong corporate culture and legacy, actively develop their people and leadership team, provide a holistic compensation system, and address continuity issues within the company.

  • Corporate culture; including creating inclusive work environments that fosters inclusion and extending support for minority groups
  • Brand
  • Compensation
  • Continuity

Capabilities and Innovation

Best Managed companies build a strong corporate culture and legacy, actively develop their people and leadership team, provide a holistic compensation system, and address continuity issues within the company.

  • Resources & capabilities
  • Productivity
  • Innovation
  • Organization & People; including approach and policies to diversity & inclusion, Anti-Racism, Anti-Black Racism

Governance and Financials

Best Managed companies install strong governance structures, use KPIs to manage their progress, maintain a strong balance sheet, and apply the financial discipline required to drive revenue growth, improve operating margin, and increase asset efficiency.

  • Governance and oversight
  • Financial measurement and management
  • Financial capability
  • Reporting and monitoring

Canada's Best Managed Companies winners

Launched 31 years ago, Canada's Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian owned and managed companies.

View our 2023 winners list

Meet our sponsors

Frequently Asked Questions

Celebrating Canada's Best Managed Companies.

FAQ page

The Network

You don't just win an award, you become part of an exclusive network.

The Best Managed program is a community defined by passion, resourcefulness, and imagination.

Join us

Meet our leaders

image-of-Anders-McKenzie

Derrick Dempster

Best Managed Co-lead & Audit Partner,
Deloitte

image-of-Anders-McKenzie

Lorrie King

Best Managed Co-lead, Partner and Ontario
Deloitte Private and Mid Market Marketplace Leader