Press releases

Canada’s Best Managed Companies continue to thrive despite fluctuating economy

2015 sees sustained growth and continued resilience among Best Managed winners

TORONTO, March 9, 2016 – Deloitte is proud to announce the winners of the 2015 Canada’s Best Managed Companies awards program. This recognition is awarded to Canadian privately-owned and managed companies that demonstrate continual excellence in innovative management and business performance. Despite a fluctuating economy, winners thrived this year by leveraging their understanding of today’s market and investing aggressively in technology and talent to inspire growth and maintain their long term success.

Best Managed winners are resilient as seen by their sustained growth year over year. Trends common to Best Managed companies, enabling their success, include:

  • Attention to the changing market and preparing for potential swings; 
  • Adaptation of corporate strategy based on market conditions;
  • Investment in technology, creating competitive advantage with new developments; 
  • Focus on leadership and success planning

“With many unknowns surrounding today’s economic outlook, keeping a close eye on market conditions is critical for all Canadian businesses, but especially for privately owned enterprises,” said Peter E. Brown, National Co-Leader of Canada’s Best Managed Companies program and Partner, Deloitte Private. “Best Managed companies identify and prepare for potential swings in the market ahead of time. This allows them to adapt their business models and shift investment strategies to areas that are still important to the business, while simultaneously being shielded from adverse market consequences.”

“CIBC celebrates the accomplishments of this year’s Best Managed companies,” said Jon Hountalas, Executive Vice-President, Business Banking at CIBC, a proud program sponsor. “These enterprises demonstrate the significant impact Canadian private companies are making by pursuing innovation, adapting to change, and maintaining a sharp focus on their clients. We’re proud to recognize these private companies as leaders in their industries.”

2015 winners are characterized as flexible, innovative, forward-thinking, and technology-focused. Over the last two decades the combination of these qualities has contributed to the success, resilience and longevity of Best Managed winners. This year over 150 companies reached Platinum Club status, having maintained their Best Managed designation for seven years or more. Among its five award categories, the Best Managed program has grown to recognize 406 companies currently, offering a strong network that will support the 50 new winners’ continued success.

“The Best Managed network represents the highest class of Canadian business, and truly the backbone of the Canadian economy. Best Managed companies understand the challenges that face private businesses and are worthy examples that companies of all size and scale can learn from,” said Mike Runia, National Co-Leader of Canada’s Best Managed Companies program and Ontario Managing Partner, Deloitte. “Joining the Best Managed network provides new winners with a substantial network of exceptionally successful private companies that are willing and eager to share insights and help Canadian business owners succeed.”

The 2015 Best Managed recipients include:

Company Name
Sector
Region
Airstart Inc. Aerospace Ontario
Altrum Manufacturing Quebec
ATS Traffic Group Manufacturing Alberta
Black Cat Blades Manufacturing Alberta
C.A.T. Inc. Consumer Business Quebec
Cambridge Global Payments Financial institution Ontario
Campbell Bros. Movers Ltd.
Consumer Business Ontario
Cardel Lifestyles Real Estate Alberta
Chandos Construction
Alberta
CONTRASTE Manufacturing Quebec
Copeman Healthcare Healthcare British Columbia
Crosbie Group Limited and Member Companies Oil & Gas, Onshore Industrial & Real Estate Newfoundland
Dependable Mechanical Systems Inc. Real Estate Ontario
EBC inc. Construction Quebec
emergiTEL Inc. Professional Services Ontario
First Industries Corporation Consumer Business Alberta
Fishermans Market International Seafood Nova Scotia
Flipp Corporation Technology, Media, Telecommunications Ontario
Forest Contractors Ltd Real Estate Ontario
G&L Group Manufacturing Ontario
Groupe Novatech inc. Manufacturing Quebec
Inflamax Research Inc. Clinical contract research organization Ontario
JED Express Ltd. Consumer Business Ontario
Jefo Consumer Business Quebec
JNE Welding Manufacturing Saskatchewan
Liberty Linehaul Inc. Consumer Business Ontario 
M.I. Integration Manufacturing Quebec
Medgate Inc. Technology, Media, Telecommunications Ontario
Mulvey & Banani International Inc. Real Estate Ontario
Nicola Wealth Management Financial Services / Wealth Management British Columbia
Palliser Furniture Upholstery Manufacturing-Furniture Manitoba
PD Group of Companies Inc. Industrial Construction Alberta
Polycor Manufacturing Quebec
Powerline Plus Ltd. Utilities Ontario
Quadrangle Architects Real Estate Ontario
Rangeland Engineering Company Ltd Technology, Media, Telecommunications Alberta
Sigma Systems Technology, Media, Telecommunications Ontario
SPI Santé Sécurité Inc Consumer Business Quebec
Sproule Associates Limited Petroleum Consulting Alberta
STEP Energy Services Oil and Gas Alberta
SureWerx Consumer Business British Columbia
Talbot Marketing Advertising Ontario
Texel, une division de ADS Inc. Manufacturing Quebec
Thinking Capital Merchant financing solutions Ontario
TRANSIT Truck Bodies Manufacturing Quebec
Walters Group Inc. Steel Fabricator / Constructor Ontario
Wildstone Group of Companies Real Estate British Columbia
World Health / Spa Lady Consumer Business Alberta
WZMH Architects Real Estate
Ontario
ZTR Control Systems Industrial and railway control systems and telematics
Ontario
     

A complete list of Best Managed winners, Requalified winners, Gold Standard winners, Gold Standard requalified winners and Platinum Club winners is available here:
https://www.bestmanagedcompanies.ca/en/meetourwinners/Pages/Home.aspx

About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on five levels:

  1. Best Managed winner (one of the new winners selected each year); 
  2. Requalified winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 
  3. Gold Standard winner (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 their 4th consecutive year); 
  4. Gold Standard requalified winner (Award recipients that have applied and successfully retained their Gold Standard designation for two additional years, subject to annual operational and financial review); 
  5. Platinum Club member (Winners have maintained their Best Managed status for seven years or more).

    Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

About Deloitte
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.  Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

For more information, please contact:
Emily Richardson
Deloitte
416-202-2872 / 416-294-5633
emrichardson@deloitte.ca

Marilyne Plouffe
Deloitte
Coordinator, Public Relations
514-393-5471
mplouffe@deloitte.ca

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