This list may not reflect recent changes . Assets: The company has more than $41 billion in assets, according to its latest financial statements. Source: CanOils Assets - find out more. The company is headquartered in Calgary. Look no further than the city’s representatives on the 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies come from a wide range of industries.. The Parkland report pointed out that, “in 2016, the average profit margin for all industries in Canada was 7.8 per cent. The full list of Alberta’s Top Employers for 2018 is attached. Save. Detailed reasons for selection for each of the winners, with hundreds of stories and photos, were released by the editors and are accessible via the competition homepage. This article lists the largest companies in Canada in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes. It had a market capitalization of about $26 billion (35 billion Canadian dollars) as of June 2020. Yes, we have seen quite a substantial drop in operating costs in recent years as a result of a variety of factors. Gross revenues: According to the company’s 2018 financial and operating results, released at the end of February, the company’s gross revenue increased last year, up 20 per cent to nearly $35 billion from $29 billion the year before. The company’s assets are mainly located in the PSAC … The country’s natural resources minister has weighed in too, noting that “Alberta hurts.” There are headlines declaring “tough times” for oil producers and warning that the Alberta government is on a path toward “fiscal disaster.”. However, Desjardins is not just a good fit for price-conscious buyers. Find out yourself with a weekly dose of our ad‑free, independent journalism, Suncor Energy's base plant near Fort McMurray, Alta., March 2018. Back in 1990, Telus was used as a means of privatizing the Alberta Government Telephones Commission. Companies that take one or more products and create new products from them are part of the manufacturing industry. Find out yourself with a weekly dose of our ad‑free, independent journalism. “That does not necessarily mean Albertans overall — workers — are going to be fine,” he said. Cenovus operates two projects in the oilsands, Christina Lake and Foster Creek, and holds permits for future developments. Executive compensation: CEO Alexander J. Pourbaix — who took over in late 2017 — was paid $6.6 million in total compensation in 2018. It’s easy to feel like what we do doesn’t make any difference, but becoming a member of The Narwhal is one small way you truly can make a difference. As a non-profit, reader-funded news organization, our goal isn’t to sell advertising or to please corporate bigwigs — it’s to bring evidence-based news and analysis to the surface for all Canadians. Help power our ad-free, non‑profit journalism. Royalties paid to the Government of Alberta: According to the most recently available ESTMA data, the company paid $773 million in royalties to the Government of Alberta in 2017. Latest Companies in Edmonton, Alberta, Canada. News Latest news from the community. According to Parkand’s figures, Imperial Oil had a profit margin of 1.7 per cent. Using ESTMA data, The Narwhal found that Alberta’s collections from the major oil companies amounted to a royalty rate of approximately 23 per cent, while other countries in the world see government returns that are much higher — including Saudi Arabia (85 per cent), Norway (78 per cent), China (63.5 per cent) and Australia (58 per cent). (including stock options and bonuses). Other in Edmonton EF English First Updated: Tuesday, 05 January 2021. The Huffington Post Alberta. The company is the largest automobile parts manufacturer in North America, with $40.8 billion in revenue. Search or browse our list of 7,017 Companies companies by category or location, including Hex-Hut Shelter Systems, Quest Pharmatech Inc, Sign Dezign, C H R Central Production Pharmacy, Phoenix Delivery Service Ltd, and Yardstick Technologies Inc. In Canada, the Big Five are Suncor Energy, CNRL, Cenovus, Imperial Oil and Husky Energy. Profit margin: According to Parkand’s figures, Imperial Oil had a profit margin of 1.7 per cent. Williams’ base salary was $1.466 million. All 56 companies from Canada are listed. Given the customised services we noted above, that’s no surprise! 2017 revenues were up 55 per cent compared to 2016. It is 5th of the largest company in Canada and is recognized on the Forbes Global 2000. Company comment: Lisa Schmidt, a spokesperson for Imperial Oil, told The Narwhal by email that “unfortunately we won’t be able to accommodate an interview.”, Syncrude’s processing facility in Mildred Lake, Alta. Their base salaries are $1 and $503,012, respectively. Royalties paid to the Government of Alberta: According to data obtained through ESTMA, Husky Energy paid $39 million in royalties to the Government of Alberta in 2016. With so many cable companies and television services available in your area, it can be tough to sort through them all and choose the best. Gross revenues: According to the company’s 2018 annual report, the company’s gross revenue increased last year, up to $20.8 billion, up 22 per cent over 2017. Alberta's largest companies are leaders in diversifying their boards, showing women hold 23 per cent of board positions at Alberta companies included in the TSX 60. Desjardins, the fourth-largest auto insurance company in Canada, certainly lives up to its reputation of an affordable car insurance provider in Alberta.At $129 per month, it is the cheapest insurance company in Alberta.So if you are looking for wallet-friendly auto insurance, count on Desjardins to deliver a bargain. Check out the best of Alberta's biggest employers: Photo gallery Alberta's Biggest Best Employers See Gallery Alberta's Biggest And Best Companies To Work For. Julie Woo, a spokesperson for CNRL, told The Narwhal by email “we are declining to comment for your story.”. Alberta School Employee Benefi … Magna International Inc. is a Canadian auto parts company. The company is headquartered in Calgary. According to Reuters, the company has a stake in tens of thousands of natural gas wells across Alberta. Hero Images via Getty Images . Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. Suncor has t he most assets, highest revenue and most employees of the Big Five, according to the Parkland Institute. Spring is annual-report season, so The Narwhal took another look at the Big Five in Canada to see how they fared in 2018. Need proof? However, when looking for the best energy suppliers in Alberta, some may allow you to incorporate both energy plans into your rate package. Despite the ‘tough times,’ their CEOs are still taking home millions annually — including generous bonuses, ” as a result of low energy prices. Royalties paid to the Government of Alberta: According to data obtained through ESTMA, Cenovus paid $284 million in royalties to the Government of Alberta in 2017. Our independent, ad-free journalism is made possible because the people who value our work also support it (did we mention our stories are free for all to read, not just those who can afford to pay?). Find useful information, the address and the phone number of the local business you are looking for. TransX was founded in 1963 and has grown to become known as Canada’s biggest private transportation company. Ember is owned by a consortium of investors including Brookfield Asset Management. Login . People All people in Alberta. Phone: (866) 283-8324. Our data from independent consumer surveys helps us make that distinction and shows us that DIRECTV ranks as the best TV service provider among satellite TV or cable companies in Alberta, AL. Kruger’s base salary is $1.2 million. ”Those Big Five, they’re going to be just fine,” Ian Hussey, research director at the Parkland Institute and an author on the report, told The Narwhal. These companies may smelt ore into iron or use that iron to make machinery. The view of Calgary, Alberta as the sun rises (Henryk Sadura/Shutterstock) Calgary may be the headquarters city of choice for the energy industry, but the city’s representatives on the 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies come from a wide range of industries. With Enbridge leading the pack, these are the 10 biggest Canadian oil & gas companies by 12-month trailing revenue. 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