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Canada’s Best Managed Companies demonstrate bold and deliberate action in business

In its 25th year, Canada’s leading business awards program sees winners’ vast growth and success attributed to focused strategy, advanced capabilities and investment in people

Toronto, March 8, 2018 – For the 25th year, Deloitte is proud to announce the winners of its Canada’s Best Managed Companies awards program, recognizing best-in-class Canadian, privately-owned and managed companies with annual revenues over $15 million.

As companies compete more aggressively for market share, this year’s winners demonstrate sustained and exceptional business performance, achieved through their clear strategy and vision, investment in capability and unwavering commitment to talent.

“It’s been a quarter of a century and we continue to be amazed with the outstanding calibre and dimension of our Best Managed companies, each year growing in size and scope,” said Peter E. Brown, National Co-Leader of Canada’s Best Managed Companies program and Partner, Deloitte Private. “These companies are making bold bets and demonstrating deliberate action in ways we’ve never seen before – and it’s proving to be successful, positively driving their businesses forward.”

According to a recent Deloitte study, ‘bold bets’ are defined as courageous and deliberate decisions to make an impact despite complexity and adversity. They require making difficult choices that involve uncomfortable trade-offs. This year’s Best Managed companies are pushing the envelope and making bold decisions that accelerate their engagement in the global economy to further drive competitive advantage.

“We observed an increased number of winners demonstrating a global focus and expanding beyond the US as a primary export or expansion market; they are also making significant advancements in technology, innovation, R&D and upgrading core processes and manufacturing capability,” added Brown.

“This year's winners combine bold and inclusive leadership with a keen ability to leverage a leading trend or competitive edge to meet the clients’ needs,” said Dino Medves, Senior Vice-President and Head, Commercial Banking at CIBC, a long-standing sponsor of the program. “Their success demonstrates what it takes to make a difference both inside and outside their companies."

In addition to making proven investments in broad business capabilities, 2018’s Best Managed companies show a deep and dedicated commitment to talent, with an emphasis on building diverse teams and establishing a team culture. “This year, investments into leadership development and managing talent was a key trend among Best Managed companies,” said Lorrie King, National Co-Leader of Canada’s Best Managed Companies program and Partner, Deloitte Private. “Best Managed companies truly and authentically recognize the significance of their people – and acknowledge that their people help differentiate them from their competitors in the marketplace.”

2018 winners are characterized by being clear on purpose and vision, building toward a foundation of delivery excellence, and committed to their workforce. Over the last 25 years, a combination of “play to win” attributes have contributed to the success, resilience and longevity of Best Managed winners. This year, more than 200 companies reached Platinum Club status, having maintained their Best Managed designation for seven years or more.

To commemorate 25 years of Canada’s Best Managed Companies, Deloitte will release a special report that examines the factors behind their long-term success, just in time for the annual Best Managed Symposium in April. Best Managed is a flagship program presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes. Generation after generation, Deloitte Private has been by the side of the entrepreneurs transforming Canada’s economy - and under its wing, the Best Managed Program has grown to include 453 companies, offering a strong network to support the 2018 44 new winners.

Here is the list of the new Best Managed winners in 2018: 

Company name City Province Primary industry
Anatolia Tile + Stone Vaughan ON Whole sale distribution
Arbor Memorial Toronto ON Death care
Bariatrix Nutrition Lachine QC Manufacturing
Barkman Concrete Steinbach MB Manufacturing
Baylis Medical Company Inc. Mississauga ON Medical device design & manufacturing
BMI CANADA INC. Boisbriand QC Whole sale distribution
Bond Brand Loyalty Mississauga ON Business services
Bradford Greenhouses Limited Bradford ON Whole sale distribution
BrettYoung Winnipeg MB Agriculture
Clio Burnaby BC Technology
CMiC Toronto ON Construction
Conceptromec inc. Magog QC Media
DIALOG Toronto ON Engineering & architecture
Electrozad Supply Company Limited Windsor ON Whole sale distribution
FRAC SHACK Inc. Acheson AB Oil and Gas Service Provider
Fruit d'Or Inc. Villeroy QC Food manufacturing
GEOTAB Oakville ON Technology
Harnois Groupe pétrolier Saint-Thomas QC Retail
Jam Industries. Ltd Baie D'Urfe QC Whole sale distribution
KingFisher Boats Vernon BC Manufacturing
Kohltech Windows and Entrance Systems Debert NS Manufacturing
Kruger Products, L.P. Mississauga ON Manufacturing
Les Industries Amisco ltée L'Islet QC Fabrication
LGM Financial Services Inc. Vancouver BC Financial Services
Location Brossard Inc. Dorval QC Heavy vehicle rental
Maritime Paper Products Limited Partnership Dartmouth NS Manufacturing
McKeil Marine Burlington ON Transportation
Meridian Surveys Ltd Saskatoon SK Engineering & architecture
MyHealth Centre TORONTO ON Healthcare
Nautel Hacketts Cove NS Technology
Nightingale Corp. Mississauga ON Manufacturing
Noralta Lodge Ltd. Nisku AB Hospitality
OSL Retail Services Mississauga ON Business services
Payment Source Inc. Ottawa ON Financial Services
Pestell Minerals & Ingredients  New Hamburg ON Whole sale distribution
Pneus Unimax Ltée Boucherville QC Whole sale distribution
priMED Medical Products Edmonton AB Manufacturing
Scalar Decisions Toronto ON Technology
The PUR Company Inc. Toronto ON Whole sale distribution
Trans-Herb e Inc. Saint-Bruno QC Food manufacturing
Trotman Auto Group Surrey BC Automotive
Wesgroup Equipment Surrey BC Construction
Westech Industrial Ltd. Calgary AB Whole sale distribution
Zulu Alpha Kilo Toronto ON Advertising & Communications

 

A complete list of Best Managed winners, Gold Standard winners and Platinum Club winners is available here.

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 $15 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 four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies 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 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit http://www.bestmanagedcompanies.ca.

About Deloitte
Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights and service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 264,000 professionals—9,400 of whom are based in Canada—make an impact that matters, please connect with us on LinkedInTwitter or Facebook.

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.

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