Toronto, ON – Weston Forest was recognized once again as a Gold Standard winner for overall business performance and sustained growth with prestigious Canada’s Best Managed Companies designation.

The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million, demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27th 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.

Weston Forest has shown significant, sustained growth over the last decade and is driven to outperform by a great team of people and a very strong corporate culture.

“While Canada’s Best Managed Companies recognize uncertainty on the economic horizon, their focus hasn’t wavered and they haven’t been discouraged; they are relentlessly focused on growing their business to new heights and investing in the future,” said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “The contribution these companies provide to Canada cannot be overstated. Every year, Best Managed winners are raising the bar of excellence in Canadian business.”

“Weston Forest congratulates all winners of Canada’s Best Managed Companies designation,” says Steve Rhone, president of the company. “We know it is the dedication of our people and the contributions they make to our business every day that lead to our success: they deserve the credit for six consecutive years of this prestigious award. Thank you to every member of the Weston team for your contributions.”

“CIBC congratulates 2020’s Canada’s Best Managed Companies, who are not only at the forefront of their industries, but among privately held companies across Canada,” said Dino Medves, senior vice president and head, CIBC Commercial Banking. “The success of these companies is built on continued investment in top talent, an ongoing focus on innovation and a well-defined path for the future.”

2020 winners of Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 1, 2020. On the same date, the Best Managed 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, Canadian Business, Smith School of Business, and TMX Group.