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BCBusiness celebrated
B.C.'s top 100 companies
both in the July issue and
at a networking lunch-
eon in late June, which
featured guest speaker
Richard Jaffray, president
of Cactus Restaurants
Ltd. (About Town With Paul
Duchart, p.76). Last year's
special guest, Frank Giustra
(@Frank_Giustra), tweeted,
"Congrats to my good friend
Richard Jaffray. This Year's
#BCbusinessTop100 inter-
view with #PeterLegge June
25"—favourited by former
CBC
Dragon Arlene Dickinson.
The BCBusiness Top 100
issue (July 2015), the biggest
of the year, elicited tweets—
"Always a great read & event,"
said Brimacombe Media
(@RunningYourBiz)—and an
email from Catherine Merlin:
"I have just spent 80 minutes
reading your magazine, spell-
bound, with a smile bigger at
every page, for all the good
news and feel-good stories you
can read about BCBusiness
successful people. Absolutely a
must to get inspired."
Don Coulter, president and
CEO of Coast Capital Savings,
was less impressed by the Top
100, especially our breakout
list of revenue losers ("The
Good, the Bad and the Ugly,"
p.96). Noting that the story
begins, "Numbers don't tell the
whole story," Coulter says he
couldn't agree more: "While
Coast Capital Savings was
included in the Top 100 list, an
accomplishment we are most
proud of, we also topped the
feature's 'Biggest Loser' list.
Although the revenue num-
bers cited for both 2013 and
2014 were factually accurate,
I'd like to offer some context to
the hard, cold numbers.
"In 2013, Coast Capital Sav-
ings sold our insurance busi-
ness, a sale that contributed to
a 108 per cent increase in net
income over the previous year.
Moving to 2014, the revenue
numbers returned to more
normal levels. In fact, setting
the insurance sale and a few
other one-time gains aside,
our revenue, net income and
membership all experienced
growth last year."
He notes that not only
is Coast Capital Savings the
largest credit union in B.C. by
membership, it was also the
number one credit union last
year for profitability.
Top Marks (and one failing grade)
of the year, elicited tweets—
must to get inspired."
CEO
was less impressed by the Top
100, especially our breakout
list of revenue losers ("The
Good, the Bad and the Ugly,"
p.96). Noting that the story
begins, "Numbers don't tell the
Congratulations to the
FortisBC Efficiency in
Action Award winners!
