This year's 496 winners combine strategic
acuity, bold leadership, and consistent adaptability
TORONTO, May 14, 2024
/CNW/ - Deloitte Canada is proud to announce the winners of
the 2024 Canada's Best Managed Companies awards program,
celebrating the top privately-owned Canadian companies with annual
revenues over $50 million for the
31st year. This year's award-winning companies—including
the program's 27 new winners—highlight their industry-leading
performance, global business practices, and sustained organic
growth as key factors contributing to their success on a global
scale.
"Year after year, I am truly grateful for the opportunity to
witness and be part of the remarkable accomplishments of the Best
Managed Companies, who exemplify the highest business standards of
innovation, adaptability, and bold leadership," says Lorrie
King, national co-leader of Canada's Best Managed Companies
program and partner with Deloitte Private. "Their relentless
ambition, determined focus, and strategic agility have led them to
remain competitive on the world stage, creating sustainable
economic growth in an evolving global market. They should be
extremely proud of this designation and use it as a catalyst to
continue the outstanding work they do every day."
To attain Canada's Best Managed Companies designation, companies
apply annually and go through a rigorous assessment led by a
multi-disciplinary judging panel. They are evaluated on their
leadership in the areas of strategy, capability and innovation,
culture and commitment, as well as governance and financial
performance.
"The Best Managed winners' continued adaptability in an era of
uncertainty sets the standard for how to overcome new barriers and
demonstrate resiliency at the highest levels," says Derrick Dempster, national co-leader of Canada's
Best Managed Companies program and partner at Deloitte Private. "By
leveraging industry leading competencies to maximize their
investments and drive sustainable growth, these companies truly
impact how Canada is viewed on the world stage when it comes to the
success of private business."
With this year's cohort of 27 new winners, the program now
includes 496 Best Managed Companies. Of these, 90 have attained
Gold Standard (having maintained their Best Managed designation for
four to six consecutive years), and 317 are Platinum Club members
(having maintained their status for seven consecutive years or
more). This growing network of companies employs almost 550,000
people across Canada. The majority of the 496 companies recognized
this year are based in Ontario
(196) and Quebec (104), followed
by Alberta (69), British Columbia (42), Manitoba (26), and Nova Scotia (24), with the remaining in
Saskatchewan (15), New Brunswick (13), and Newfoundland and Labrador (7).
"This year's winners demonstrate exceptional commitment to drive
growth in today's competitive and dynamic business landscape," says
Blair Cowan, Executive
Vice-President, Head of Commercial Banking. "CIBC is proud to
sponsor a program that represents the best in Canadian business, as
these privately-owned companies continue to be the engine of our
economic growth by creating jobs through strong leadership and
innovation."
First established in Canada,
Best Managed is a flagship program presented by Deloitte Private, a
division of Deloitte exclusively focused on serving private clients
of all sizes. Since its inception, the program has inspired an
expansion beyond Canadian borders, now with presence in more than
40 countries and 1,300+ Best Managed Companies around the
globe.
New Canada's Best Managed
Companies in 2024:
A&H Steel
Ltd.
|
Acadia Group of
Companies
|
Amico
Affiliates
|
Amir Quality Meats
Inc.
|
Avantis
Coopérative
|
Bockstael
Construction
|
Earth Rated
|
Emballage
CARTIER
|
Franklin
Empire
|
GCT Global Container
Terminals
|
Green Diamond
Equipment
|
Groupe
Mundial
|
Groupe Pro-Fab
Inc.
|
Homes by AVI Group of
Companies
|
Integricon
|
Italian Centre
Shop
|
Joseph Haulage Canada
Corp.
|
MAD Elevator
Inc.
|
Oaken
Equipment
|
O'Dell HVAC
Group
|
Omega Tool
Corp.
|
Patrick Morin
Inc.
|
Prestilux
|
Scotlynn
|
SideFX
|
The Humberview
Group
|
The Minto
Group
|
The complete list of the 2024 Canada's 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
private Canadian-owned and managed companies. 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 Private, CIBC, The Globe and Mail, and TMX Group. For more
information, visit www.bestmanagedcompanies.ca.
About Deloitte Canada
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sustainable future.
Deloitte provides industry-leading consulting, tax and legal,
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to nearly 90% of the Fortune Global 500® and thousands of private
companies. We bring together world-class capabilities, insights,
and services to address clients' most complex business
challenges.
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limited liability partnership, is the Canadian member firm of
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SOURCE Deloitte Canada