Canada is often a country of choice for many business owners and entrepreneurs and is regarded as the home of many successful companies. Its nearness to the United States makes it relatively easier to have direct commercial relations with the United States, which is regarded as the world’s powerhouse market. Other factors that have contributed significantly to this are the availability of a skilled workforce and vast natural resources like coal, gas, and timber. Below are some of Canada’s best-performing companies based on employee salaries, financial health, and employee diversity.
1. Royal Bank of Canada
Founded in 1864, the Royal Bank of Canada is the largest bank in Canada by asset value. The company has a net worth of more than $118.14 billion, making it one of the largest Canadian companies concerning market caps.
From its humble beginnings, the bank has grown to become one of Canada’s largest financial institutions, having opened more than 1,200 branches. The bank has more than 85,000 highly trained full-time and part-time workers tasked with serving its 15 million clients globally. The bank offers insurance, personal and business banking, wealth management, and capital market products and services.
2. Enbridge Inc.
Based in Calgary, Alberta, Enbridge organization is one of the most successful companies globally. The company specializes in the provision of gas and oil business both in Canada and the US. Today the company is valued to be more than $ 75.35 billion as of November 2019.
The organization mainly operates through the following forms: gas distribution, liquid pipelines, and gas transmission. The company has over 12,000 employees both in Canada and the US who execute its policies.
3. Brookfield Asset Management, Inc.
Brookside Asset Management firm is a Canadian-based company with a more than $ 59.55 billion market cap. It is regarded as a leading global alternative manager with over $ 540 billion under its management. Brookfield mainly operates through the following business segments: residential development, real estate, asset development, corporate activities, and infrastructure.
4. Tim Hortons
Tim Hortons is a food and beverage company with an iconic brand status in Canada. The company came into being in 1964 and has since then ventured to become one of the most successful companies worldwide. The company owes its massive success to many years of successful campaigns conducted through social media platforms and traditional advertising methods.
Tim Hortons has over 4800 outlets globally, with more of them in Canada. Recently, the firm announced its plan to extend in Mexico, Great Britain, and the Philippines. The firm also opened its first outlet in China and is planning to open the second soon.
