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LNG CANADA 80 BCBUSINESS.CA JULY/AUGUST 2023 c=converted from USD at 1.3013 (2022) and 1.2535 (2021) Revenue is by fiscal year c=converted from USD at 1.3013 (2022) and 1.2535 (2021) Revenue is by fiscal year c=converted from USD at 1.3013 (2022) and 1.2535 (2021) Revenue is by fiscal year F I N A N C E M A N U F A C T U R I N G + T R A N S P O R T S C I E N C E + T E C H N O L O G Y RANK COMPANY REVENUE 2022 ($000) REVENUE 2021 ($000) 1 Insurance Corporation of British Columbia 5,208,692 6,347,229 2 HSBC Bank Canada 2,548,000 2,215,000 3 Canaccord Genuity Group 2,040,600 1,993,500 4 PBC Health Benefits Society 1,768,800 1,627,985 5 WorkSafeBC 1,571,000 4,555,000 6 British Columbia Investment Management Corp. 937,399 729,384 7 Raymond James 705,305 c 607,948 c 8 Vancity Credit Union 561,000 624,500 9 Coast Capital Savings Federal Credit Union 526,588 512,035 10 First West Credit Union 318,462 343,541 RANK COMPANY REVENUE 2022 ($000) REVENUE 2021 ($000) 1 Finning International 9,279,000 7,294,000 2 Premium Brands Holdings Corp. 6,029,800 4,931,700 3 Methanex Corporation 5,609,904 c 5,533,650 c 4 Ledcor Group of Companies 5,000,000 3,700,000 5 Futura Corp. 3,300,000 2,800,000 6 Doman Building Materials Group 3,039,017 2,543,674 7 South Coast B.C. Transportation Authority 2,138,538 1,660,651 8 Adentra 2,103,160 c 2,025,905 c 9 GCT Global Container Terminals 1,800,000 1,602,300 10 Teekay Corporation 1,548,786 c 1,708,641 c RANK COMPANY REVENUE 2022 ($000) REVENUE 2021 ($000) 1 Telus International (Cda) 3,211,608 c 2,750,179 c 2 Sierra Wireless 685,738 c 601,781 c 3 Abcellera Biologics 631,682 c 470,317 c 4 Zymeworks 536,763 c 33,443 c 5 Stemcell Technologies 412,307 325,428 6 BBTV Holdings 402,335 476,622 7 Westport Fuel Systems 397,805 c 391,593 c 8 Absolute Software 256,761 c 151,403 c 9 Vecima Networks 186,814 124,177 10 Aurinia Pharmaceuticals 174,413 c 57,166 c continued from page 75 with its own thermal coal operations and create a nomi- nally Vancouver-based metals subsidiary called GlenTeck. A rattled Teck management, backed by founder and (for now) control- ling shareholder Norman Keevil, ended up scrapping the shareholder vote at the eleventh hour, promising to come up with a proposal more appealing to shareholders of both Teck and Elk Valley. No doubt there will be more chapters to come in this saga. Left out of these deliberations were the rest of us in B.C., who in many cases benefit from the white-collar jobs, access to capital and wealth creation that come with hav- ing the head offices of companies like Teck located in the province. Without the corpo- rations that fill out the ranks of the Top 100, local perspectives would be far from the minds of distant decision-makers. Chari- table fundraising, too, would be much more challenging. Notwithstanding the stock-market set- back, 2022 was still a year of growth on the ground for B.C.'s corporate titans. The economy decelerated from its torrid growth during 2021's pandemic reopening to a still brisk rate of GDP growth of around 3 percent in 2022. (The province's Economic Forecast Council estimated the year's growth rate to be 2.9 percent in December; TD Economics pegged it at 3.1 percent in March.) Exports originating in B.C. hit a new high of $64.9 billion, a 20-percent increase over 2021. Construction activity on four big megaproj- ects—the LNG Canada terminal, the asso- ciated Coastal GasLink pipeline, the Site C dam and the Trans Mountain Pipeline expansion—all hovered around their peaks. With operations starting on these big pieces The LNG Canada site in Kitimat operated near its peak in what proved to be a big year for B.C. exports