By: The Working Forest Staff
Mississauga, ON – Weston Forest was once again recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2022 Best Managed program award winners are amongst the best-in-class of Canadian-owned and managed companies with revenues over $50 million, demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth.
Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world‑class business practices. 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 pandemic has changed the way businesses operate and these winners have responded by transforming and pivoting their companies so that they are leading the way forward for the future,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking.
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies and doubling down on accelerated digitization.
“It is an absolute privilege to have been recognized for the eighth consecutive year as one of Canada’s Best Managed Companies,” says Steve Rhone, President and CEO of Weston Forest. “The credit goes to our exceptional team of people that consistently take on the challenges they face and deliver for each other. This results in a great experience for all of our stakeholders. Thank you to our amazing team once again.”
“To become a Best Managed Platinum Club winner is a huge accomplishment,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “These companies demonstrate resilience, versatility, and strategic acuity. They have consistently proven their ability to thrive in a competitive, rapidly changing market. This year’s winners should take pride not only in this prestigious recognition but also in the important contributions they make to the Canadian business world.”
2022 winners of Canada’s Best Managed Companies award will be honoured at galas across the country. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders. The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.