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Canada’s Best Managed 2021 companies display “clearly-defined organizational purpose”

“The 2021 Best Managed winners are a shining example of the importance of leadership, innovation, and resilience in the face of uncertainty”


June 17, 2021
By Anthony Capkun


June 17, 2021* – “In what may be the most challenging year for Canadian businesses since the program’s inception, the 2021 Best Managed winners are a shining example of the importance of leadership, innovation, and resilience in the face of uncertainty,” said Kari Lockhart, national co-leader of the Canada’s Best Managed Companies program.

Best Managed is a flagship program presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes. Canada’s Best Managed program recognizes excellence in privately-owned Canadian companies with annual revenues over $25 million.

Here at Electrical Business Magazine, we focus on companies carrying out electrical work, or serving those who do.

According to Deloitte, this year’s companies attribute their success in a year of turbulence to “clearly-defined organizational purpose”, fostering a remote work environment, and a clear focus on employee well-being, which has led them to overcome some of today’s most pressing challenges, and remain competitive on the world stage.

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“One area we’ve seen that’s different than in previous years is how companies view employee well-being, including mental health,” said Dino Medves, CIBC Commercial Banking. “Simply focusing on the bottom line is no longer a staple for success. Instead, we’re seeing Best Managed winners—past and present—adapt quickly to a new working environment, while fostering creativity and innovation united in their companies’ purpose.”

“The past year has brought its share of challenges, both in terms of management and procurement, as well as the capacity to meet sudden and exceptional customer demand,” said Yves Chabot, president, Stelpro, which moved up from Gold Standard to Platinum Club this year. “Our teams’ resilience and agility in this era of uncertainty has enabled us to overcome these unprecedented obstacles.”

“We are blessed to have so many dedicated team members, and we love to support our team’s innovative ideas to ensure Gerrie is leading edge in everything we do,” said Heather Gerrie, co-president and CEO, Gerrie Electric Wholesale Ltd., which moved up from Gold Standard to Platinum Club this year.

“Achieving Gold Standard status is a great achievement for our entire team, and we are honoured to be recognized in part for our adaptability during a year that has brought many unique challenges,” said Bill Smith, president, Electrozad, which moved up from Best Managed status this year. “We’re positioned toward the future of our industry and determined to build on a vision of being the top-performing solutions partner in the electrical and automation industry.”

“Respond, recover, and thrive into the future… that was the 2020 rally cry at E.B. Horsman & Son,” said Tim Horsman, president & CEO. “I’m very pleased that our organization passed the test, creating the safest work environment possible under tremendous adversity, and continuing to create win-win experiences for our customers, suppliers, employees, and the Western Canadian communities we serve.”

“These companies should not only be extremely proud of this designation, but for their organizational grit, continued adaptability, and unwavering commitment to their people during a year when it was needed most,” added Lockhart.

Congratulations to the following winners in our electrical industry:

New winners 2021

Magna IV Engineering

Best Managed winners

Award recipients that have re-applied and successfully retained their Best Managed designation for two additional years.

Eddy Group Ltd.

Gold Standard winners

After three consecutive years of maintaining their Best Managed status, these companies have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years.

Daltco Electric

Electrozad Supply Co. Ltd. (moves up from Best Managed)

Powerline Plus Ltd.

Source Atlantic

Platinum Club members

Winners that have maintained their Best Managed status for 7 years or more.

Alliance Energy

Deca Cables

E.B. Horsman & Son Ltd.

E.C.S. Electrical Cable Supply Ltd.

Gerrie Electric Wholesale Ltd. (moves up from Gold Standard)

Groupe Deschênes

Houle Electric

Ideal Supply Co.

K-Line Group of Companies (moves up from Gold Standard)

Modern Niagara Group Inc.

PTI Transformers

Rex Power Magnetics

Robinson (formerly B.A. Robinson)

Stanpro (Standard Products Inc.)

Stelpro (moves up from Gold Standard)

– If we missed a company carrying out electrical work, or serving those who do, email acapkun@ebmag.com.

* Updated July 5, 2021, with the addition of Platinum Club member Alliance Energy. Thanks!



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