SJC’s Canadian Business has revealed its 32nd annual GROWTH List (formerly the GROWTH 500), the definitive ranking of Canada’s Fastest-Growing Companies. Produced by Canada’s premier business and current affairs media brands, the GROWTH List ranks established Canadian businesses on five-year revenue growth and Canadian startups on two-year revenue growth. The GROWTH List and STARTUP List (formerly STARTUP 50) winners are profiled in a special print issue of Canadian Business published with the December issue of Maclean’s magazine (available on newsstands as of November 12, 2020) and available online at CanadianBusiness.com and GrowthList.ca.
“The companies on the 2020 GROWTH List are really exceptional. Their stories are a masterclass in how to survive when the economy throws a curveball. Despite turbulence, the 2020 GROWTH List companies showed resilience, spirit and, most importantly, empathy and strong leadership,” says Susan Grimbly, GROWTH List Editor. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that the heart of Canada’s entrepreneurial community beats strong, even in tough times.”
This year’s fastest-growing company of 2020 is Marlin Spring, an integrated real estate developer, based in Toronto, whose chief executive, Benjamin Bakst, is a quiet visionary. Marlin Spring produced spectacular 57,000% revenue growth over the five-year period — handily smashing all previous Growth List records.
The fastest-growing startup of 2020 is Steel River Group of Calgary, who crushed it at 8,662% two-year revenue growth. Founded by Trent Fequet, this private Indigenous pipeline construction company puts communities first, and profits second, in infrastructure projects.
Canadian Business will celebrate the winners of the 2020 GROWTH List and STARTUP List with the annual, invite-only GROWTH 2020: CEO Summit, taking place virtually over four mornings in November. Featuring exciting keynotes on Leadership, Diversity, Technology and Finance, the conference includes panel interviews with our exclusive CEO community, as well as networking opportunities for this year’s GROWTH List cohort. We are able to produce the GROWTH 2020: CEO Summit thanks to sponsorship from Salesforce, The Business Development Bank of Canada and Herbaland.
The Annual GROWTH 2020 Awards presentation will take place virtually on November 12. The nine award categories include the Female Entrepreneur of the Year, Technology Trailblazer and Excellence in Diversity. Winners will be announced publicly on CanadianBusiness.com following the ceremony.