Best Managed Companies

Best Managed Companies

December 13, 2006 08:00 ET

Sustainability Spells Success for Elite Canadian Companies

Best Managed program salutes companies across Canada with the country's highest honour for ongoing business performance

TORONTO, ONTARIO--(CCNMatthews - Dec. 13, 2006) - They come in all shapes and sizes, from all regions across the country, representing a wide variety of industries. But the best of the best in Canadian business have one thing in common -sustained, superior performance over time.

Consistently maintaining success and achievement at the highest level has earned these leading companies inclusion in a distinguished group - the Best Managed program's Platinum Club or Requalified membership.

Platinum Club members form an elite group of Canadian-owned and managed companies that consistently excel in every aspect of business. To become a Platinum Club member, companies must maintain their designation as one of Canada's Best Managed Companies for a minimum of six consecutive years, subject to annual operational and financial review.

In addition to the 44 new Platinum Club members, 84 leading Canadian companies requalified in 2006 for the Best Managed designation by successfully meeting stringent operational and financial review requirements.

"Achieving the highest level of business performance over the long-term is only possible when organizations embrace a culture of aligning every activity and resource with building value for their stakeholders," said Deloitte Partner with the Private Company Services Group, and National Leader of the Best Managed program, John Hughes. "Membership in these groups symbolizes the ultimate goal for any business - sustained high performance. All companies strive for business success; what distinguishes Platinum Club and Requalified members is their ability to sustain that success."

Hughes points to the five most prominent common attributes these exceptional companies share which contribute to their success, including their ability to:

1. Predict and adapt to the constantly changing domestic and global business environment

2. Innovate and extend their value proposition to customers and talent

3. Balance risks and opportunities with a strong balance sheet, enabling sustainability through unforeseen challenges

4. Develop long-term executable strategies that leverage core skills

5. Cultivate and preserve a sense of purpose, belonging and loyalty throughout the organization

The Best Managed program asked the 2006 Platinum Club and Requalified companies about their revenue growth plans. The vast majority named more than one strategy. Of those that specified, the significant majority (59%) plan to pursue domestic growth, while just over a third (36%) plan to drive revenue growth through international operations or expansion. Acquisitions and alliances are the hottest future growth strategies cited by Platinum Club winners (51% and 56%, respectively). Technology is also at the centre of future growth plans (for 51%), followed by new product lines or new products (43% and 41% respectively). By far the most profound growth challenge these companies face is 'finding qualified employees' cited by 63% as a concern.

"The success of these companies - the best of the best - is an inspiration to all Canadian businesses," said James McSherry, Executive Vice President and Managing Director, CIBC Commercial Banking. "Sustaining the highest level of business performance over the long-term is fraught with challenges. Only the fittest succeed in making the giant leap from small entrepreneurial operations to multi-million dollar enterprises, avoiding the many pitfalls along the way."



2006 Platinum Club and Requalified members by Province

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Province Company City Industry
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British
Columbia Platinum Club members
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Coast Spas Manufacturing Inc. Langley Manufacturing
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Deeley Harley-Davidson Canada Richmond Automotive
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Boston Pizza International Inc. Richmond Food Services
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Odlum Brown Limited Vancouver Financial Services
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Custom House Victoria Financial Services
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Requalified members
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Golder Associates Ltd. Burnaby Engineering
Consulting
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NORPAC Controls Ltd. Burnaby Engineering
Consulting
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CANTEST Ltd. Burnaby Life Sciences
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The Oppenheimer Group Coquitlam Food Services
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Nuheat Industries Ltd. Delta Manufacturing
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Hayes Forest Services Limited Duncan Forestry
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North
A&W Food Services of Canada Inc. Vancouver Food Services
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Great Little Box Company Ltd. Richmond Manufacturing
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Cummins Western Canada Surrey Technology
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Alberta Platinum Club members
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Graham Group Ltd. Calgary Construction
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First Calgary Savings &
Credit Union Ltd. Calgary Financial Services
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SMART Technologies Inc. Calgary Technology
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Palliser Lumber Sales Ltd. Crossfield Manufacturing
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PCL Construction Group
of Companies Edmonton Construction
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Design Group Staffing Inc. Edmonton Human Resources
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Fountain Tire Edmonton Retail
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Requalified members
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AdFarm Partnership Calgary Business Services
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CANA Group of Companies Calgary Construction
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Jayman MasterBUILT Inc. Calgary Construction
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Trico Homes Inc. Calgary Construction
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Apex Distribution Inc. Calgary Energy and
Resources
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Big Country Energy Services LP Calgary Energy and
Resources
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Spartan Controls Ltd. Calgary Energy and
Resources
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Hopewell Development
Corporation Calgary Real Estate
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Commercial Solutions Inc. Edmonton Industrial
Distribution
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CCI Thermal Technologies Inc. Edmonton Manufacturing
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Waiward Steel Fabricators Ltd. Edmonton Manufacturing
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IFS Voyages Inc. Edmonton Travel & Tourism
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Blue Falls Manufacturing
Limited Thorsby Manufacturing
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Saskat-
chewan Platinum Club members
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Mega Group Incorporated Saskatoon Business Services
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Yanke Group of Companies Saskatoon Transportation
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Requalified members
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Brandt Group of Companies Regina Manufacturing
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Great Western Brewing
Company Limited Saskatoon Manufacturing
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Philom Bios Inc. Saskatoon Manufacturing
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Manitoba Platinum Club members
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National Leasing Group Inc. Winnipeg Financial Services
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Canad Inns Winnipeg Hospitality
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Monarch Industries Limited Winnipeg Manufacturing
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WGI Westman Group Inc. Winnipeg Manufacturing
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The Dufresne Group Winnipeg Retail
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Bison Transport Inc. Winnipeg Transportation
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Requalified members
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Golden West Broadcasting Ltd. Altona Media
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Hytek Ltd. La Broquerie Agribusiness
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The Murray Automotive Group Winnipeg Automotive
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Johnston Group Inc. Winnipeg Business Services
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B.A. Robinson Co. Ltd. Winnipeg Consumer Business
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Paterson GlobalFoods Inc. Winnipeg Food Services
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Ontario Platinum Club members
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MSM Transportation Inc. Bolton Transportation
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Pioneer Petroleums Burlington Retail
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Brock Solutions Inc. Kitchener Engineering
Consulting
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Flynn Canada Ltd. Mississauga Construction
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Longo Brothers Fruit
Markets Inc. Mississauga Food Services
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Prime Restaurants
of Canada Inc. Mississauga Food Services
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Quik X Transportation Inc. Mississauga Transportation
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Wheels Group Mississauga Transportation
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Allied Global Holdings Inc. Newmarket Financial Services
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Modern Niagara Group Inc. Ottawa Construction
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Eagle Professional
Resources Inc. Ottawa Human Resources
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Medical Pharmacies Group Inc. Pickering Life Sciences
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Kriska Holdings Ltd. Prescott Transportation
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Consumer Impact Marketing Ltd. Toronto Business Services
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Spin Master Limited Toronto Manufacturing
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Magnotta Winery Corporation Vaughan Manufacturing/
Retail
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Northern Digital Inc. Waterloo Manufacturing
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Requalified members
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Barrie Metals Group
of Companies Barrie Recycling
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Challenger Motor Freight Inc. Cambridge Transportation
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MacKinnon Transport Inc. Guelph Transportation
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Conestoga Cold Storage Kitchener Food Services
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Adastra Corporation Markham Technology
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EllisDon Corporation Mississauga Construction
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DBG Canada Limited Mississauga Manufacturing
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Lakeside Process Controls Ltd. Mississauga Manufacturing
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Redknee Inc. Mississauga Telecommunications
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Tandet Management Inc. Oakville Automotive
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Decima Research Inc. Ottawa Market Research
and Opinion
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IT/NET Group Inc. Ottawa Technology
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Semiconductor Insights Inc. Ottawa Technology
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N. Harris Computer Corporation Ottawa Technology
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Marsan Foods Limited Scarborough Food Services
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NuComm International St. Catharines Telecommunications
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Hurley Corporation Toronto Business Services
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Murray Demolition LP Toronto Demolition
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Ontor Limited Toronto Industrial
Distribution
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CPI Plastics Group Limited Toronto Manufacturing
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Metro Label Company Limited Toronto Manufacturing
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Asset Inc. Toronto Technology
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Globalive Communications Corp. Toronto Technology
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G.A.P Adventures Toronto Travel & Tourism
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Conestoga-Rovers & Associates Waterloo Engineering
Limited Consulting
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Tregaskiss Ltd. Windsor Manufacturing
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Summer Fresh Salads Incorporated Woodbridge Food Services
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Cousins-Currie Limited Woodbridge Manufacturing
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Consolidated Fastfrate, Inc. Woodbridge Transportation
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Quebec Platinum Club members
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D.L.G.L. Ltd. Blainville Technology
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Induspac Packaging Group inc. Lachine Manufacturing
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Location d'outils Simplex s.e.c. Montreal Consumer Business
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Poulies Maska inc. Sainte-Claire Manufacturing
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St-Denis sur
Aliments Carriere inc. Richelieu Food Services
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Requalified members
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Breakfast People of America Boisbriand Food Services
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Groupe Robert inc. Boucherville Transportation
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SkiBromont.com Bromont Tourism
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Dollard-Des-
Plats du Chef, inc. Ormeaux Food Services
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Groupe Distinction inc. Lachine Business Services
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Groupe Montoni (1995) Division
Construction inc. Laval Construction
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CIMA+ Laval Engineering
Consulting
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Panneaux Maski inc. Louiseville Manufacturing
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Teknika HBA Montreal Business Services
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Groupe Germain inc. Quebec Travel & Tourism
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Pomerleau inc. Saint-Georges Construction
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Le Groupe Beaucage Sherbrooke Automotive
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Groupe Biscuits Leclerc inc. St-Augustin-
de-Desma Food Services
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Les industries Mailhot inc. Terrebonne Manufacturing
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Atrahan Transformation Yamachiche Manufacturing
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New
Bruns
-wick Requalified members
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Cooke Aquaculture Inc. Blacks Harbour Manufacturing
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ADI Group Inc. Fredericton Business Services
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Day & Ross Hartland Transportation
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Nova
Scotia Platinum Club members
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Secunda International Ltd. Dartmouth Energy & Resources
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Maritime Travel Inc. Halifax Travel & Tourism
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Requalified members
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Office Interiors Dartmouth Business Services
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Acadian Seaplants Limited Dartmouth Life Sciences
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O'Regan's Halifax Automotive
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Wilson Fuel Company Limited Halifax Energy and
Resources
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The Shaw Group Limited Halifax Manufacturing
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Kimberly-Lloyd Developments
Group Halifax Real Estate
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The 50 new 2006 Best Managed winners will be announced on February 7, 2007. A one-day Symposium and Gala event for Best Managed Companies follows on February 12, 2007 in Toronto. This Symposium will provide an opportunity for executives to exchange ideas and gain new management and leadership insights from their peers and keynote speakers. At a black-tie Gala that evening, Best Managed Companies will celebrate their success with their executive management teams and fellow honourees.

About Canada's Best Managed Companies

Established in 1993, Canada's 50 Best Managed Companies (Best Managed) is one of the country's leading business awards program, recognizing excellence in Canadian-owned and managed companies with revenues over $10 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices. The awards are granted on three levels: 1) Best Managed winner (one of the 50 new winners selected each year), 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review), 3) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years.) Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com.

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