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Canada’s Best Managed Companies

Recognizing excellence in private Canadian-owned companies.

Have what it takes to be the best?

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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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Elevate experience

Best Managed new winner

Maximize revenue

Best Managed winner (years 2, 3)

Reduce costs

Gold Standard winner (years 4, 5, 6)

Reduce costs

Platinum Club member (year 7 and following)

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Best Managed winners

One of the new winners selected each year. Meet our new winners

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Best Managed winners (years 2, 3)

Award recipients that have re-applied and successfully retained their Best Managed designation for two additional years.

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Gold Standard winners

After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years.

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Platinum Club member (year 7 and following)

Winners who have retained their Best Managed status for seven years or more

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Platinum Club member (year 7 and following)

Winners who have retained their Best Managed status for seven years or more

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

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CIBC

CIBC is a leading Canadian-based financial institution serving over 11 million clients in Canada and around the world. CIBC Commercial Banking offers a unique client experience to mid-size businesses, with flexible business solutions, dedicated business expertise, and timely business advice that helps clients succeed.

Salesforce

Salesforce is the #1 CRM, bringing companies and customers together in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies—cloud, mobile, social, voice, and artificial intelligence—to connect to their customers in a whole new way. The Salesforce Customer 360 is an integrated CRM platform, powered by AI, that unites marketing, sales, commerce, IT and analytics departments. Salesforce is one of the leaders on Fortune’s Change the World list, and has been one of Fortune’s 100 Best Companies to Work For, for twelve years in a row. For information, please visit www.salesforce.com.

TMX

Toronto Stock Exchange (TSX) & TSX Venture Exchange (TSXV), owned and operated by TMX Group, are home to Canadian and global companies, from micro-cap to mega cap, across a diversity of sectors. Over 3,000 companies are listed on the Exchanges, with a total market capitalization of almost $3.0 trillion. TSX is Canada's oldest and largest public equity market, with more than 160 years of experience. TSXV is the world’s leading public venture marketplace for early-stage companies. The market provides emerging companies with capital formation opportunities to fuel their growth, while providing investment opportunities for investors who participate in a company’s development. For more information, visit www.tmx.com.

The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

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

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Derrick Dempster

Best Managed Co-lead & Audit Partner,
Deloitte

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Lorrie King

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

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