Canada has some incredibly profitable companies that have generated millions in revenues over the past year – and more than a tenth of them are in Vancouver.
For the 29th year, PROFIT and Canadian Business have ranked Canada’s Fastest-Growing Companies, based on five-year revenue growth (from 2011 to 2016, or fiscal 2012 to 2017).
A minimum revenue requirement of $2 million in the most recent fiscal year applied to all companies – and the results were published in Canadian Business.
“They’re in serious growth mode at a time when most businesses decidedly are not,” writes Canadian Business. “They are the entrepreneurial superstars Canada’s economy needs.”
A list of the top 500 companies is available by region, industry and size, but here, we’ve picked out all the Vancouver companies making us proud.
“With a thriving technology sector and access to growing markets across the Pacific, it’s little wonder that business is booming in Vancouver,” states Canadian Business.
According to this year’s list, the 56 firms from Metro Vancouver on this year’s ranking grew their revenues an average of 1,321% between 2011 and 2016, and employed 5,629 full time-equivalent employees in 2016.