18 Years of Being Named One of Canada’s Best Managed Companies

May 10, 2022

Toronto, ON— May 10, 2022 — Waiward Industrial LP. was 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.

As we continue through these unprecedented times, Waiward continues to diversify and grow as an organization by exploring new technologies and services. This award recognizes the commitment and hard work our entire team contributes to building and strengthening the relationships with their clients, partnerships, and with another.

“The 2022 Best Managed winners exemplify innovation, adaptability, and resilience in the face of uncertainty,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies Program.

“Over the past year, these forward-forging companies have pivoted to successfully respond to challenges and capitalize on new opportunities, leveraging industry-leading competencies to maximize their investments and drive sustainable growth.”

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.

“An award such as the best managed is always a team effort, and we have a great team.

We all go through times, including the pandemic, where it seems we are waiting for the storm to pass.  Those businesses learn to dance in the rain and embrace the changing times that succeed.  To move forward, you must take risks.  When you take risks, you learn that there will be times when you succeed, and there will be times when you fail.  Both are important,” said Andy Brooks, President and CEO, Waiward Industrial LP.

“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.

2022 winners of the 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.

 

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4 -6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group.

For more information, visit www.bestmanagedcompanies.ca.

 

About Waiward Industrial LP

For 50 years, Waiward has been a premier provider of engineering and drafting, fabricated steel, construction, and sustaining capital and maintenance services. We operate across Western Canada and provide solutions to various sectors, including energy, petrochemical and refining, mining, and energy transmission markets.

As one of Canada’s Best Managed Companies, our commitment to our customers and partners is our highest priority, as we work to provide quality products and exceptional service that exceed expectations.

At Waiward, we know strategic partnerships are key to our success. As such, Waiward is committed to partnering with Indigenous communities to develop respectful relationships that lead to mutual benefits and a strong shared future. Together, we work to identify opportunities for collaboration that fit and support the end goal of delivering a project that has gained social licence and benefits for all industry and community stakeholders.

For more information, please contact:

bestmanagedcompanies@deloitte.ca

www.bestmanagedcompanies.ca

 

Contact Information

Grace Elliott

Manager, Marketing and Communications

Waiward Industrial LP.

780-469-1258

grace.elliott@waiward.com

www.waiward.com