BCBusiness

July 2017 The Top 100

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.

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JULY/AUGUST 2017 BCBUSINESS 79 BCBUSINESS.CA online economy, or the much smaller Ingledew Shoes Inc., which cited the diculties of bridging both worlds as a fac- tor in its demise. Brian Hill, scion of the Kerrisdale family of couturiers, has fared better with Aritzia, perhaps the most nota- ble business to join this year's list, even as rising retail star Kit and Ace, which has yet to generate the revenue needed to make the Top 100, closed its international stores after an aggressive expansion. (See page 83 for more on B.C.'s retail landscape.) The challenges retailers face even in a year with strong sales highlight an aspect of the list that might otherwise go unno- ticed. The big keep getting bigger, while the mid-sized out‡ts you'd expect to grow into their place among the province's larg- est face headwinds. Organizations at the top of the list saw minimal growth—overall revenue for the Top 100 companies rose just 2 per cent, to $170 billion, over last year's tally—but the threshold for membership leapt above $300 million for the ‡rst time. This was its biggest lift in two decades—perhaps ever. Left behind were several companies that might have made the list in past years, including British Columbia Investment Management Corp., Westport Innovations Inc. and Whistler Blackcomb Holdings Inc. Still, the multidimensional character of the top-end growth is hard to deny—and RANK COMPANY REVENUE 2016 ($000) REVENUE 2015 ($000) 1 Telus Corp. 12,799,000 12,502,000 2 MacDonald, Dettwiler and Associates 2,063,783 2,117,363 3 Providence Health Care 888,853 853,603 4 Sierra Wireless Inc. 815,560 c 777,198 c 5 Avigilon Corp. 468,481 c 367,707 c 6 Westport Innovations Inc. 297,942 c 132,096 c 7 Absolute Software Corp. 117,548 c 119,751 c 8 Vecima Networks Inc. 108,421 94,048 9 TIO Networks Corp. 74,661 62,511 10 Carmanah Technologies Corp. 63,249 c 55,100 c RANK COMPANY REVENUE 2016 ($000) REVENUE 2015 ($000) 1 Teck Resources Ltd. 9,300,000 8,259,000 2 BC Hydro and Power Authority 5,657,000 5,748,000 3 Goldcorp Inc. 4,650,070 c 5,594,360 c 4 Canfor Corp. 4,234,900 3,925,300 5 First Quantum Minerals Ltd. 3,541,208 c 3,449,962 c 6 Westcoast Energy Inc. 3,167,000 3,531,000 7 Interfor Corp. 1,792,712 1,687,375 8 Turquoise Hill Resources Ltd. 1,594,116 c 2,090,388 c 9 Mercer International Inc. 1,234,220 c 1,321,169 c 10 Western Forest Products Inc. 1,187,300 1,081,900 c=converted from USD at 1.3248 (2016) and 1.2787 (2015) Revenue is by fiscal year c=converted from USD at 1.3248 (2016) and 1.2787 (2015) Revenue is by fiscal year

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