Canadian Business has released its annual list of the fastest-growing companies in the country.
The Growth List 2020, formerly called the Growth 500, measures the businesses by their revenue growth over the last five years. Only 415 companies appear on this year’s list, down from 500 last year.
Each one was required to submit a self-nominating ballot and were shortlisted based on revenue figures, which were reviewed by the Canadian Business research team.
The companies listed in the 32nd annual list are “the most passionate, innovative, and successful businesses in the country,” according to the magazine. They vary across industry, location, and size.
The top three companies are all in Ontario, with Toronto real estate company Marlin Spring taking first place. Founded in 2013, the company acquires, develops, and manages residential properties across North America. Marlin Spring grew almost 60,000% in five years.
Second place goes to Fullscript, an Ottawa-based software company. Financial services company Flexiti, also from Toronto, sits at third. None of the top three appeared on last year’s list.
The fastest-growing companies in Canada 2020
▼ | Company | Growth | Revenue. | Industry | City | Province | Employees |
---|---|---|---|---|---|---|---|
1
|
Marlin Spring
|
57144
|
100-200
|
Real Estate
|
Toronto
|
ON
|
136
|
2
|
Fullscript
|
32291
|
100-200
|
Software
|
Ottawa
|
ON
|
326
|
3
|
Flexiti
|
20281
|
20-50
|
Financial Services
|
Toronto
|
ON
|
109
|
4
|
Shipfusion
|
13453
|
20-50
|
Transportation & Logistics
|
Toronto
|
ON
|
90
|
5
|
Article
|
12556
|
200-500
|
Retail (traditional and/or e-commerce)
|
Vancouver
|
BC
|
405
|
6
|
LPI Mechanical
|
11568
|
20-50
|
Construction
|
Brampton
|
ON
|
136
|
7
|
Honk
|
11319
|
20-50
|
Information Technology
|
Toronto
|
ON
|
11
|
8
|
Talent.com
|
11098
|
50-100
|
Human Resources
|
Montreal
|
QC
|
210
|
9
|
Pela
|
10256
|
20-50
|
Retail (traditional and/or e-commerce)
|
Kelowna
|
BC
|
43
|
10
|
Avana
|
9888
|
10-20
|
Real Estate
|
RM of Sherwood
|
SK
|
62
|
11
|
CentreCourt
|
9337
|
500-1000
|
Real Estate
|
Toronto
|
ON
|
50
|
12
|
Ahava Digital Group
|
8283
|
50-100
|
Marketing & Media
|
Kitchener
|
ON
|
300
|
13
|
PathFactory
|
6535
|
10-20
|
Software
|
Toronto
|
ON
|
85
|
14
|
LowestRates.ca
|
6497
|
10-20
|
Financial Services
|
Toronto
|
ON
|
50
|
15
|
Safex Transport
|
6408
|
10-20
|
Transportation & Logistics
|
Vaudreuil-Dorion
|
QC
|
85
|
16
|
CHICC
|
5770
|
10-20
|
Financial Services
|
Mississauga
|
ON
|
25
|
17
|
Thinkific
|
5696
|
10-20
|
Software
|
Vancouver
|
BC
|
103
|
18
|
TriggerTech
|
5331
|
10-20
|
Manufacturing
|
Mississauga
|
ON
|
35
|
19
|
CloudOps
|
5310
|
10-20
|
Information Technology
|
Montreal
|
QC
|
59
|
20
|
Brookstone Windows & Doors
|
5078
|
10-20
|
Construction
|
London
|
ON
|
58
|
21
|
Cook it
|
3860
|
5-10
|
Consumer Services
|
Montreal
|
QC
|
200
|
22
|
MY Construction Supply
|
3792
|
5-10
|
Manufacturing
|
Brantford
|
ON
|
11
|
23
|
ROCK Networks
|
3663
|
5-10
|
Telecommunications
|
Ottawa
|
ON
|
29
|
24
|
Levio
|
3637
|
50-100
|
Professional Services
|
Quebec City
|
QC
|
725
|
25
|
Ecopia.AI
|
3415
|
5-10
|
Information Technology
|
Toronto
|
ON
|
29
|
26
|
Generis Group
|
2988
|
10-20
|
Marketing & Media
|
Toronto
|
ON
|
65
|
27
|
Jobber
|
2941
|
20-50
|
Software
|
Edmonton
|
AB
|
201
|
28
|
Lunchbox Orders
|
2855
|
5-10
|
Consumer Services
|
Guelph
|
ON
|
6
|
29
|
KV Capital
|
2849
|
5-10
|
Financial Services
|
Edmonton
|
AB
|
14
|
30
|
Bonfire Interactive
|
2828
|
5-10
|
Software
|
Kitchener
|
ON
|
101
|
31
|
TouchBistro
|
2807
|
20-50
|
Software
|
Toronto
|
ON
|
490
|
32
|
TRAXXALL
|
2717
|
5-10
|
Software
|
Montreal
|
QC
|
118
|
33
|
HiMama
|
2636
|
5-10
|
Software
|
Toronto
|
ON
|
89
|
34
|
TGL Electrical & Maintenance
|
2629
|
5-10
|
Construction
|
Mississauga
|
ON
|
200
|
35
|
Guaranteed Removals
|
2504
|
20-50
|
Marketing & Media
|
Burlington
|
ON
|
65
|
36
|
Dialekta
|
2471
|
10-20
|
Marketing & Media
|
Montreal
|
QC
|
26
|
37
|
Feenics
|
2408
|
5-10
|
Software
|
Ottawa
|
ON
|
26
|
38
|
Live Patrol
|
2185
|
2-5
|
Professional Services
|
Mississauga
|
ON
|
22
|
39
|
CyberPublicity
|
2171
|
2-5
|
Marketing & Media
|
Montreal
|
QC
|
28
|
40
|
withinUs
|
2163
|
2-5
|
Wholesale & Distribution
|
Burnaby
|
BC
|
15
|
41
|
Diff
|
2148
|
10-20
|
Professional Services
|
Montreal
|
QC
|
98
|
42
|
CHES Special Risk
|
2141
|
2-5
|
Financial Services
|
Toronto
|
ON
|
43
|
43
|
Push Media
|
1975
|
2-5
|
Marketing & Media
|
Toronto
|
ON
|
3
|
44
|
ThinkLP
|
1961
|
5-10
|
Software
|
Waterloo
|
ON
|
30
|
45
|
CPOS
|
1948
|
2-5
|
Financial Services
|
Ottawa
|
ON
|
35
|
46
|
IRT Technologies
|
1939
|
2-5
|
Information Technology
|
Saint-Laurent
|
QC
|
15
|
47
|
Trudel Alliance
|
1875
|
20-50
|
Real Estate
|
Quebec City
|
QC
|
65
|
48
|
Voltera
|
1841
|
2-5
|
Manufacturing
|
Kitchener
|
ON
|
23
|
49
|
Diesel Group System
|
1835
|
5-10
|
Transportation & Logistics
|
Toronto
|
ON
|
67
|
50
|
Pixieset
|
1787
|
20-50
|
Software
|
Vancouver
|
BC
|
27
|
51
|
Kimoby
|
1759
|
2-5
|
Software
|
Quebec City
|
QC
|
23
|
52
|
Herbaland
|
1683
|
20-50
|
Manufacturing
|
Richmond
|
BC
|
118
|
53
|
Incepta Solutions
|
1677
|
2-5
|
Information Technology
|
Mississauga
|
ON
|
25
|
54
|
TGL
|
1677
|
5-10
|
Manufacturing
|
Mississauga
|
ON
|
15
|
55
|
KnightsbridgeFX
|
1630
|
5-10
|
Financial Services
|
Toronto
|
ON
|
25
|
56
|
Media One Creative
|
1607
|
5-10
|
Marketing & Media
|
Toronto
|
ON
|
25
|
57
|
Assent Compliance
|
1550
|
20-50
|
Software
|
Ottawa
|
ON
|
558
|
58
|
CANEI
|
1512
|
2-5
|
Wholesale & Distribution
|
Toronto
|
ON
|
8
|
59
|
Mr. Mow It All
|
1510
|
2-5
|
Consumer Services
|
Toronto
|
ON
|
30
|
60
|
Truespeed Internet Services
|
1496
|
2-5
|
Telecommunications
|
Brockville
|
ON
|
18
|
61
|
Paystone
|
1460
|
50-100
|
Financial Services
|
London
|
ON
|
180
|
62
|
GENYK
|
1449
|
20-50
|
Manufacturing
|
Shawinigan
|
QC
|
20
|
63
|
RAM Consulting
|
1396
|
5-10
|
Professional Services
|
Vancouver
|
BC
|
49
|
64
|
Wyse Meter Solutions
|
1394
|
20-50
|
Industrial Services
|
Mississauga
|
ON
|
25
|
65
|
Squeeze
|
1367
|
10-20
|
Marketing & Media
|
Quebec City
|
QC
|
125
|
66
|
Giatec Scientific
|
1359
|
2-5
|
Information Technology
|
Nepean
|
ON
|
39
|
67
|
Fiix Software
|
1351
|
10-20
|
Software
|
Toronto
|
ON
|
175
|
68
|
Dealer Solutions Mergers and Acquisitions (DSMA)
|
1301
|
5-10
|
Professional Services
|
Markham
|
ON
|
30
|
69
|
Thoughtexchange
|
1281
|
10-20
|
Software
|
Rossland
|
BC
|
145
|
70
|
SendtoNews
|
1274
|
50-100
|
Marketing & Media
|
Victoria
|
BC
|
34
|
71
|
Carson Exports
|
1269
|
100-200
|
Wholesale & Distribution
|
Dartmouth
|
NS
|
30
|
72
|
Numi
|
1258
|
2-5
|
Retail (traditional and/or e-commerce)
|
Toronto
|
ON
|
4
|
73
|
Highstreet Ventures
|
1253
|
20-50
|
Real Estate
|
Kelowna
|
BC
|
43
|
74
|
Maerospace
|
1234
|
2-5
|
Information Technology
|
Waterloo
|
ON
|
3
|
75
|
Sunwire
|
1225
|
10-20
|
Telecommunications
|
Sudbury
|
ON
|
46
|
76
|
Embr
|
1126
|
5-10
|
Marketing & Media
|
Toronto
|
ON
|
45
|
77
|
seoplus+
|
1099
|
2-5
|
Marketing & Media
|
Ottawa
|
ON
|
26
|
78
|
Panevo
|
1088
|
2-5
|
Industrial Services
|
Vancouver
|
BC
|
10
|
79
|
GoodMorning.com
|
1088
|
20-50
|
Retail (traditional and/or e-commerce)
|
Edmonton
|
AB
|
32
|
80
|
MDOS Consulting
|
1087
|
2-5
|
Information Technology
|
Ottawa
|
ON
|
30
|
81
|
Rentsync
|
1086
|
5-10
|
Software
|
St. Catharines
|
ON
|
37
|
82
|
Martello Technologies
|
1079
|
10-20
|
Software
|
Kanata
|
ON
|
99
|
83
|
Alliance Zone
|
1078
|
10-20
|
Agriculture
|
Longueuil
|
QC
|
5
|
84
|
Calligo
|
1077
|
20-50
|
Information Technology
|
Oakville
|
ON
|
109
|
85
|
Underdog Studio
|
1072
|
2-5
|
Marketing & Media
|
Etobicoke
|
ON
|
13
|
86
|
Greenbrain
|
1071
|
5-10
|
Professional Services
|
Richmond Hill
|
ON
|
18
|
87
|
Energy Transportation Group
|
1068
|
100-200
|
Transportation & Logistics
|
LaSalle
|
QC
|
150
|
88
|
Wellington Group of Companies
|
1032
|
20-50
|
Transportation & Logistics
|
Puslinch
|
ON
|
108
|
89
|
3RA Intercâmbio
|
1026
|
2-5
|
Professional Services
|
Vancouver
|
BC
|
22
|
90
|
AV Mechanical
|
1019
|
2-5
|
Construction
|
Vaughan
|
ON
|
17
|
91
|
AAI
|
1015
|
5-10
|
Human Resources
|
Mississauga
|
ON
|
600
|
92
|
Ironstone Product Development
|
1006
|
2-5
|
Professional Services
|
Toronto
|
ON
|
12
|
93
|
ConnectCPA LLP
|
1002
|
2-5
|
Financial Services
|
Toronto
|
ON
|
27
|
94
|
Bloom
|
989
|
5-10
|
Marketing & Media
|
Montreal
|
QC
|
52
|
95
|
CanadaWheels.ca
|
982
|
2-5
|
Retail (traditional and/or e-commerce)
|
Ottawa
|
ON
|
17
|
96
|
Spray-Net
|
964
|
2-5
|
Construction
|
Boucherville
|
QC
|
25
|
97
|
J&M Group
|
962
|
10-20
|
Information Technology
|
Mississauga
|
ON
|
150
|
98
|
KEY Education
|
947
|
2-5
|
Professional Services
|
Vancouver
|
BC
|
24
|
99
|
Prodigy Ventures
|
938
|
20-50
|
Information Technology
|
Toronto
|
ON
|
118
|
100
|
Bold Commerce
|
937
|
20-50
|
Software
|
Winnipeg
|
MB
|
275
|
The full Growth List 2020 can be found here.