SOURCE: DELOITTE & TOUCHE

Deloitte & Touche

March 09, 2016 05:00 ET

Canada's Best Managed Companies Continue to Thrive Despite Fluctuating Economy

2015 Sees Sustained Growth and Continued Resilience Among Best Managed Winners

TORONTO, ON--(Marketwired - March 09, 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   Real Estate   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.

Contact Information