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Sustainability spells success for elite Canadian companies
Best Managed program salutes companies across Canada with the country's highest honour for ongoing business performance
Published: 12/13/06

Toronto, December 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

Province

Company

City

Industry

British Columbia  

Platinum Club members

 

Coast Spas Manufacturing Inc.

Langley

Manufacturing

 

Deeley Harley-Davidson Canada

Richmond

Automotive

 

Boston Pizza International Inc.

Richmond

Food Services

 

Odlum Brown Limited

Vancouver

Financial Services

 

Custom House

Victoria

Financial Services

 

Requalified members

 

Golder Associates Ltd.

Burnaby

Engineering Consulting

 

NORPAC Controls Ltd.

Burnaby

Engineering Consulting

 

CANTEST Ltd.

Burnaby

Life Sciences 

 

The Oppenheimer Group

Coquitlam

Food Services

 

Nuheat Industries Ltd.

Delta

Manufacturing

 

Hayes Forest Services Limited

Duncan

Forestry

 

A&W Food Services of Canada Inc.

North Vancouver

Food Services

 

Great Little Box Company Ltd.

Richmond

Manufacturing

 

Cummins Western Canada

Surrey

Technology

Alberta

Platinum Club members

 

Graham Group Ltd.

Calgary

Construction

 

First Calgary Savings & Credit Union Ltd.

Calgary

Financial Services

 

SMART Technology Inc.

Calgary

Technology

 

Palliser Lumber Sales Ltd.

Crossfield

Manufacturing

 

PCL Construction Group of Companies

Edmonton

Construction

 

Design Group Staffing Inc.

Edmonton

Human Resources

 

Fountain Tire

Edmonton

Retail

 

Requalified members

 

AdFarm Partnership

Calgary

Business Services

 

CANA Group of Companies

Calgary

Construction

 

Jayman MasterBUILT Inc.

Calgary

Construction

 

Trico Homes Inc.

Calgary

Construction

 

Apex Distribution Inc.

Calgary

Energy & Resources

 

Big Country Energy Services LP

Calgary

Energy & Resources

 

Spartan Controls Ltd.

Calgary

Energy & Resources

 

Hopewell Development Corporation

Calgary

Real Estate

 

Commercial Solutions Inc.

Edmonton

Industrial Distribution

 

CCI Thermal Technology Inc.

Edmonton

Manufacturing

 

Waiward Steel Fabricators Ltd.

Edmonton

Manufacturing

 

IFS Voyages Inc.

Edmonton

Travel & Tourism

 

Blue Falls Manufacturing Limited

Thorsby

Manufacturing

Saskatchewan

Platinum Club members

 

Mega Group Incorporated

Saskatoon

Business Services

 

Yanke Group of Companies

Saskatoon

Transportation

 

Requalified members

 

Brandt Group of Companies

Regina

Manufacturing

 

Great Western Brewing Company Limited

Saskatoon

Manufacturing

 

Philom Bios Inc.

Saskatoon

Manufacturing

Manitoba

Platinum Club members

 

National Leasing Group Inc.

Winnipeg

Financial Services

 

Canad Inns

Winnipeg

Hospitality

 

Monarch Industries Limited

Winnipeg

Manufacturing

 

WGI Westman Group Inc.

Winnipeg

Manufacturing

 

The Dufresne Group

Winnipeg

Business Services

 

Bison Transport Inc.

Winnipeg

Transportation

 

Requalified members

 

Golden West Broadcasting Ltd.

Altona

Media

 

Hytek Ltd.

La Broquerie

Agribusiness

 

The Murray Automotive Group

Winnipeg

Automotive

 

Johnston Group Inc.

Winnipeg

Business Services

 

B.A. Robinson Co. Ltd.

Winnipeg

Consommation

 

Paterson GlobalFoods Inc.

Winnipeg

Food Services

Ontario

Platinum Club members

 

MSM Transportation Inc.

Bolton

Transportation

 

Pioneer Petroleums

Burlington

Retail

 

Brock Solutions Inc.

Kitchener

Engineering Consulting

 

Flynn Canada Ltd.

Mississauga

Construction

 

Longo Brothers Fruit Markets Inc.

Mississauga

Food Services

 

Prime Restaurants of Canada Inc.

Mississauga

Food Services

 

Quik X Transportation Inc.

Mississauga

Transportation

 

Wheels Group

Mississauga

Transportation

 

Allied Global Holdings Inc.

Newmarket

Financial Services

 

Modern Niagara Group Inc.

Ottawa

Construction

 

Eagle Professional Resources Inc.

Ottawa

Human Resources

 

Medical Pharmacies Group Inc.

Pickering

Life Sciences

 

Kriska Holdings Ltd.

Prescott

Transportation

 

Consumer Impact Marketing Ltd.

Toronto

Business Services

 

Spin Master Limited

Toronto

Manufacturing

 

Magnotta Winery Corporation

Vaughan

Manufacturing/Business Services

 

Northern Digital Inc.

Waterloo

Manufacturing

 

Requalified members

 

Barrie Metals Group of Companies

Barrie

Recycling

 

Challenger Motor Freight Inc.

Cambridge

Transportation

 

MacKinnon Transport Inc.

Guelph

Transportation

 

Conestoga Cold Storage

Kitchener

Food Services

 

Adastra Corporation

Markham

Technology

 

EllisDon Corporation

Mississauga

Construction

 

DBG Canada Limited

Mississauga

Manufacturing

 

Lakeside Process Controls Ltd.

Mississauga

Manufacturing

 

Redknee Inc.

Mississauga

Telecommunications

 

Tandet Management Inc.

Oakville

Automotive

 

Decima Research Inc.

Ottawa

Market and Opinion Research

 

IT/NET Group Inc.

Ottawa

Technology

 

Semiconductor Insights Inc.

Ottawa

Technology

 

N. Harris Computer Corporation

Ottawa

Technology

 

Marsan Foods Limited

Scarborough

Food Services

 

NuComm International

St. Catharines

Telecommunications

 

Hurley Corporation

Toronto

Business Services

 

Murray Démolition LP

Toronto

Demolition

 

Ontor Limited

Toronto

Industrial Distribution

 

CPI Plastics Group Limited

Toronto

Manufacturing

 

Metro Label Company Limited

Toronto

Manufacturing

 

Asset Inc.

Toronto

Technology

 

Globalive Communications Corp.

Toronto

Technology

 

G.A.P Adventures

Toronto

Travel & Tourism

 

Conestoga-Rovers & Associates Limited

Waterloo

Engineering Consulting

 

Tregaskiss Ltd.

Windsor

Manufacturing

 

Summer Fresh Salads Incorporated

Woodbridge

Food Services

 

Cousins-Currie Limited

Woodbridge

Manufacturing

 

Consolidated Fastfrate, Inc.

Woodbridge

Transportation

Québec

Platinum Club members

 

D.L.G.L. Ltd.

Blainville

Technology

 

Induspac Packaging Group inc.

Lachine

Manufacturing

 

Location d'outils Simplex s.e.c.

Montréal

Consumer Business

 

Poulies Maska inc.

Sainte-Claire

Manufacturing

 

Aliments Carrière inc.

Saint-Denis sur Richelieu

Food Services

 

Requalified members

 

Breakfast People of America

Boisbriand

Food Services

 

Groupe Robert inc.

Boucherville

Transportation

 

SkiBromont.com

Bromont

Tourism

 

Plats du Chef, inc.

Dollard-Des-Ormeaux

Food Services

 

Groupe Distinction inc.

Lachine

Business Services

 

Groupe Montoni (1995) Division Construction inc.

Laval

Construction

 

CIMA+

Laval

Engineering Consulting

 

Panneaux Maski inc.

Louiseville

Manufacturing

 

Teknika HBA

Montréal

Business Services

 

Groupe Germain inc.

Québec

Travel & Tourism

 

Pomerleau inc.

Saint-Georges

Construction

 

Le Groupe Beaucage

Sherbrooke

Automotive

 

Groupe Biscuits Leclerc inc.

Saint-Augustin-de-Desmaures

Food Services

 

Les industries Mailhot inc.

Terrebonne

Manufacturing

 

Atrahan Transformation

Yamachiche

Manufacturing

New Brunswick

Requalified members

 

Cooke Aquaculture Inc.

Blacks Harbour

Manufacturing

 

ADI Group Inc.

Fredericton

Business Services

 

Day & Ross

Hartland

Transportation

Nova Scotia

Platinum Club members

 

Secunda International Ltd.

Dartmouth

Energy & Resources

 

Maritime Travel Inc.

Halifax

Travel & Tourism

 

Requalified members

 

Office Interiors

Dartmouth

Business Services

 

Acadian Seaplants Limited

Dartmouth

Life Sciences 

 

O'Regan's

Halifax

Automotive

 

Wilson Fuel Company Limited

Halifax

Energy & Resources

 

The Shaw Group Limited

Halifax

Manufacturing

 

Kimberly-Lloyd Developments Group

Halifax

Real Estate

 

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 calibre 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.

Contact us for more information about this topic.
 
Source: Deloitte & Touche LLP - Canada (English)

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