Welcome to the sixth annual Report on Business ranking of Canada’s Top Growing Companies. These businesses—from No. 1, Calgary-based fintech Neo Financial, to No. 416, Toronto baked-goods purveyor O’Dough’s—represent the sector-spanning ingenuity of this country’s entrepreneurs. Space pioneers? We’ve got ’em. AV nerds? Check. Maple-syrup mavens? Absolutely. About the only thing these companies have in common is a penchant for sustained growth.
Launched in 2019 by The Globe and Mail, the program ranks participating private and public Canadian businesses on three-year revenue growth. Canada’s Top Growing Companies is a voluntary program. We accepted entries from businesses through to May 2024.
Applicant companies had to complete a full application survey, and supply supporting financial documentation to our research team for both 2020 and 2023. We evaluated companies based on the most recent fiscal year for which financial statements were available. In some cases, companies were evaluated on calendar years instead of fiscal.
In order to qualify, a company had to be Canadian-run and have at least $2 millionin annual sales in its most recent fiscal year. Franchisors were ranked on corporate revenue only, not systemwide sales. All revenue figures are in Canadian dollars, unless otherwise indicated.
Research was conducted by Claire Robbins, Fiona Collie and Rasha Rehman. To learn more about the program or to apply for the 2025 ranking, please visit tgam.ca/TopGrowing.
