The 500 companies listed here vary dramatically by region, industry and size, but they have one thing in common: They’re in serious growth mode at a time when most businesses decidedly are not. They are the entrepreneurial superstars Canada’s economy needs. Meet the 2017 PROFIT 500.
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How we ranked them
For the 29th year, PROFIT and Canadian Business have identified Canada’s Fastest-Growing Companies by ranking applicant firms based on five-year revenue growth (from 2011 to 2016, or fiscal 2012 to 2017). We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified revenue claims and eligibility through detailed questionnaires and reviews of applicant-supplied financial statements. A minimum revenue requirement of $2 million in the most recent fiscal year applied to all companies. Growth rates were calculated using a base-year minimum of $200,000. Franchisors were ranked on corporate revenue only. All eligible companies were independent and Canadian-owned at the end of the 2017 PROFIT 500 research period.
How construction firm Gillam Group became Canada’s Fastest Growing Company
Vets to Go is a hit with time-starved pet owners (and their furry friends)
Bioastra Technologies uses open innovation to help firms outsource R&D
Diva International grew by leading the mainstreaming of menstrual cups
Canada Goose’s global success is built on its “made in Canada” roots
How First Light Technologies taps its customers to make a better product
How to grow your exports beyond the usual-suspect countries
How to get your employees to think more like entrepreneurs
How to turn your brilliant idea into an actual business
How to turn social media engagement into real sales
