With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.
Issue link: http://digital.canadawide.com/i/1471305
64 BCBUSINESS JULY/AUGUST 2022 DISCLAIMER BCBusiness prepares the Top 100 list using various sources, but it makes no representation regarding the completeness, accuracy or timeliness of any information presented. c=converted from USD at 1.2535 (2021) and 1.3415 (2020) Revenue is by fiscal year c=converted from USD at 1.2535 (2021) and 1.3415 (2020) Revenue is by fiscal year RETAIL MARKET CAP RANK COMPANY REVENUE 2021 ($000) REVENUE 2020 ($000) 1 Lululemon Athletica 7,842,669 c 5,338,226 c 2 Georgia Main Food Group 5,700,000 e 6,000,000 e 3 BC Liquor Distribution Branch 4,134,700 3,841,426 4 Best Buy Canada Ltd. 3,600,000 3,125,000 5 London Drugs 2,950,000 e 2,900,000 e 6 OpenRoad Auto Group 1,817,305 1,272,399 7 Ritchie Bros. Auctioneers 1,776,173 c 1,847,594 c 8 Kal Tire 1,600,000 1,400,000 9 The Oppenheimer Group 1,108,318 1,164,496 10 7-Eleven Canada 1,050,000 e 1,150,000 e RANK COMPANY TICKER MARKET CAPITALIZATION (C$ MILLIONS) 1 Lululemon Athletica NASDAQ:LULU 54,590 c 2 Telus Corp. TSX:T 44,170 3 Teck Resources TSX:TECK 27,180 4 Wheaton Precious Metals TSX:WPM 25,960 5 First Quantum Minerals TSX:FM 25,810 6 West Fraser Timber Co. TSX:WFG 11,400 7 Ritchie Bros. Auctioneers TSX:RBA 7,830 8 Pan American Silver TSX:PAAS 6,700 9 B2Gold Corp. TSX:BTO 5,750 10 Finning International TSX:FTT 5,640 notably natural gas, lumber and pulp, metals and minerals, and some parts of the agri-food complex. Buoyant com- modity markets served as a helpful tail- wind for the provincial economy as we came out of the COVID recession," Busi- ness Council of B.C. senior policy advi- sor Jock Finlayson and chief economist Ken Peacock wrote in a year-end com- mentary in January. Their outlook came with a subtle warning, though: "In 2022, slower economic growth— globally and in North America—will reduce the contribution of commodities to B.C.'s rebound." As we know too well from experi- ence, commodity booms come and go. Continuing to build and diversify B.C.'s economy will require nurturing the lead- ership and innovation of a next genera- tion of corporate titans. £ Looking to refresh your space? Subscribe to the Newsletter at westernliving.ca