The Big Five in Canada, Parkland says, have worked hard to diversify by investing in downstream assets and by cutting production costs — whether through automation or, as Husky puts it, through “stringent financial discipline” — and use their gross profits to maintain their economic power. CEO Richard Kruger, an American citizen, — who. Given Alberta’s reputation as a world leader in fossil fuel production, you might be surprised to learn that biofuel is crucial to the success of many Alberta industries. Proud to be Alberta's largest charitable gaming operator offering premiere gaming excitement at 4 great locations. Alberta's Top 70 employers for 2017 Forward-thinking, progressive workplaces. Ember is owned by a consortium of investors including Brookfield Asset Management. ⯃ Although the companies were spread across many different industries, the biggest ones came from the energy sector. Executive compensation: CNRL does not have a CEO. We’ve drafted a plan to make this year our biggest yet, but we need your support to make it all happen. Jobs All jobs in Alberta. Given the customised services we noted above, that’s no surprise! Companies that take one or more products and create new products from them are part of the manufacturing industry. The figures are in billions of US dollars and are for the year 2018. These are the top SaaS companies in Alberta. Cenovus was formed in 2009 when energy giant Encana split into two companies — Cenovus, an oil company, and Encana, a gas company. Of these companies, Ember Resources Inc. is the single largest private operator with more than 53,000 boe/d in July 2016. Magna International Inc. is a Canadian auto parts company. ⯃ 58 companies in the Top 100 Club came from the U.S (35) & China (23) alone. Between 2007 and 2011, more than 80 Alberta companies received a total of almost $150 million from the Alberta Bio-refining Commercialization and Marketing Development Program and the Bioenergy Infrastructure … 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. paid by four of the Big 5 — Suncor, Cenovus, Canadian Natural Resources Limited and Imperial Oil —  and found they collected $10.14 billion in profits in 2017, while Albertans collected $2.37 billion in the form of royalty payments. Suncor Energy Centre building in Calgary, Alta. 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. Executive compensation: CEO Richard Kruger, an American citizen, — who received a pay raise last year — took home $7.8 million in total compensation in 2018. According to. Assets: Cenovus has more than $35 billion in assets, according to its latest annual report — a 14 per cent increase over 2017. Profit margin: According to Parkand’s figures, Imperial Oil had a profit margin of 1.7 per cent. This list of companies and startups in Alberta that went public provides data on their funding history, investment activities, and acquisition trends. This definitive list recognizes reflects the province’s evolving business community. Mel Duvall, a senior spokesperson for Husky, told The Narwhal by email that Husky Energy “, paid $67.6 million in royalties to the Alberta government in 2017.”. However, Desjardins is not just a good fit for price-conscious buyers. With Enbridge leading the pack, these are the 10 biggest Canadian oil & gas companies by 12-month trailing revenue. The company has made strong roots in establishing its reputation as being one of the largest cannabis distributors in Canada. A well managed small company, running late model equipment, hiring solo and team drivers, company drivers and owner operators out of B.C., Ontario, Manitoba, Quebec, Saskatchewan and Alberta. 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.”. Imperial Oil owns a 25 per cent stake in Syncrude. Together, Alberta SaaS companies employ over 96 employees, have raised 100000 capital, and server over 1250 customers around the world. 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. , the company’s gross revenue increased last year, up to $20.8 billion, up 22 per cent over 2017. News. It produces automotive parts supplied to GM, Ford, BMW, Mercedes, Volkswagen, and Tesla Motors, among others. 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). As a result, over the past few years we’ve been focused on reducing our costs, increasing efficiency, exercising capital discipline and reducing debt, while maintaining safe and reliable operations.”, Cenovus steam generators at Foster Creek, Alta. It had a market capitalization of about $26 billion (35 billion Canadian dollars) as of June 2020. Other in Edmonton AMI Expeditionary Healthcare, LLC Updated: Saturday, 02 January 2021. June 29, 2020. The latter information has only recently been made available to the public through the  Extractive Sector Transparency Measures Act, which came into force in 2015. Best Cell Phone Plans Alberta. Funding Rounds . According to Parkland’s analysis, the Big Five, taken together, brought in almost the same amount in aggregate profits in 2017 — $46.6 billion. 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. ”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. As a result, over the past few years we’ve been focused on reducing our costs, increasing efficiency, exercising capital discipline and reducing debt, while maintaining safe and reliable operations.”, CNRL is an integrated oil and gas company. Photo: Bernard Spragg / Flickr. Executive compensation: CEO Alexander J. Pourbaix — who took over in late 2017 — was paid $6.6 million in total compensation in 2018. Alberta's Biggest And Best Companies To Work For. Now in its 12 th year, Alberta's Top Employers is an editorial competition that recognizes the Alberta-based employers that lead their industries in offering exceptional places to work. This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. Gross revenues: CNRL also posted increases last year, with product sales up to more than $22 billion in 2018, a 21 per cent increase over 2017. Gross revenues: According to Husky’s 2018 annual report, the company’s gross revenue increased last year to $22.5 billion, up nearly 20 per cent over 2017. The company’s assets are mainly located in the PSAC regions of Southeastern Alberta (AB3) and Central Alberta (AB5) and are nearly entirely comprised of natural gas wells. Alberta's Top Employers UFA nurtures a grassroots culture Established in 1909, United Farmers of Alberta Co-operative Ltd. (UFA) is an organization that has stayed true to its founding principles. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The company opened a brand-new open-pit mine, Fort Hills, in the oilsands last year. Together, Alberta SaaS companies employ over 96 employees, have raised 100000 capital, and server over 1250 customers around the world. The family of Hong Kong’s richest man, recently retired billionaire Li Ka-shing, owns a majority stake in Husky Energy Inc, controlling some 70 per cent of its shares. 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. Known for significant development and movement, the company announced a large agreement with Shoppers Drug Mart earlier this month. Summary. Discover why this year's winners were chosen and search current job postings. Best Trucking Companies – Canada – **Worthy of Further Investigation** Best Long Haul Trucking Companies Canada to Check Out. The latter information has only recently been made available to the public through the, Extractive Sector Transparency Measures Act. The company’s assets are mainly located in the PSAC … Photo: Bernard Spragg / Flickr. This article is part of a collaboration between The Narwhal, the Corporate Mapping Project, Publish What You Pay Canada and the Natural Resource Governance Institute. Royal Dutch Shell, based in the Netherlands. 1 / 71. In todays day and age its possible to launch a company from anywhere. Follow Us On Twitter. Net earnings were $1.5 billion in 2018.”, Mel Duvall, the spokesperson for Husky, provided the following comments to The Narwhal by email: “. In todays day and age its possible to launch a company from anywhere. Top Alberta Employers 2006-2015 1 / 20. Accutech Ground Disturbance Ltd. is an Alberta based company completely focused on the ground disturbance industry. Other in Edmonton EF English First Updated: Tuesday, 05 January 2021. Net earnings were $1.5 billion in 2018.”. Tech Awards About. Leaderboard. Investors All investors in Alberta. "Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written." For the complete list and to search company … Her essays, interviews and long-form nonfiction have also been published by The Walrus,…. Albertans have heard it time and time again: it’s a tough time for the province’s oil and gas industry. According to Parkland’s analysis, the Big Five, taken together, brought in almost the same amount in aggregate profits in 2017 — $46.6 billion. 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. Alberta is the eighth province and territory Zenabis has begun distributing in. TransX was founded in 1963 and has grown to become known as Canada’s biggest private transportation company. That means Alberta’s income for the whole province is roughly equivalent to the total profits of the five largest energy companies, according to Parkland’s calculations. Source: www.pinterest.com. 2017 revenues were up 55 per cent compared to 2016. Experienced field crews and leading edge technology give Accutech Ground Disturbance Ltd. the ability to fulfill all your ground disturbance requirements. Assets: The company has more than $35 billion in assets, according to its latest annual report. Julie Woo, a spokesperson for CNRL, told The Narwhal by email “we are declining to comment for your story.”. It mainly acts as a distributor to very large commercial and industrial interests, as well as to energy production companies and energy retailers. The Huffington Post Alberta. This list displays all 14 Canadian companies in the Fortune Global 500, … 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 2020 was announced today in a special magazine published in the Calgary Herald and Edmonton Journal. The Corporate Mapping Project is jointly led by the University of Victoria, Canadian Centre for Policy Alternatives and Parkland Institute. 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.. Here are the 10 biggest Canadian oil and gas companies measured by trailing 12-months (TTM) revenue. Over the past decade, Husky has deliberately transformed its operations to become a low-cost producer. So, let’s take a look at the top 10 best trucking companies in British Columbia! Royalties paid to the Government of Alberta: According to data obtained through ESTMA, Suncor paid $122 million in royalties to the Government of Alberta in 2017. See our 35 Companies Companies in Alberta, Canada. It wasn't until the company was purchased by Ed Tel in 1995 that the provider rose as a consumer brand. compares the Big Five’s gross profits with the government of Alberta’s income for 2017, which was $47.3 billion. Cenovus operates two projects in the oilsands, Christina Lake and Foster Creek, and holds permits for future developments. The company focuses on coming up with personalised solutions based on your business. The Parkland report pointed out that, “in 2016, the average profit margin for all industries in Canada was 7.8 per cent. Top Alberta Breweries: See reviews and photos of breweries in Alberta, Canada on Tripadvisor. Suncor is one of the largest companies in Canada in terms of total revenue. Assets: The company has more than $71 billion in assets, according to its latest annual report. Company comment: Sneh Seetal, a spokesperson for Suncor, did not provide additional comments to The Narwhal. Executive vice-chairman Steve Laut (formerly the president) took home. A comprehensive list of the organizations chosen as Alberta's Top Employers for 2020. The Big Five, which the report says control 79.3 per cent of Canada’s productive capacity of bitumen, are still posting profits, and in some cases they’re sizeable — with profit margins of upward of 13 per cent, according to the Parkland Institute. Executive vice-chairman Steve Laut (formerly the president) took home $5.8 million in total compensation. , the company’s gross revenue increased last year to $22.5 billion, up nearly 20 per cent over 2017. in royalties to the Government of Alberta in 2016. 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. AltaGas, formerly Alberta and Southern Gas Company, is headquartered in Calgary and is a distributor of natural gas produced by six extraction plants in Canada that they own fully or in part. #65 of 126 Food & Drink in Alberta "Great People, Great Beer and a comfy place to share time with friends/family." 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. People always tell us they love our newsletter. Announced each year in the Calgary Herald and Edmonton Journal. Innovative businesses continue to thrive in and around Alberta’s capital. This special designation recognizes the Alberta employers that lead their industries in offering exceptional places to work. Its top-paid executive, executive chairman Norman Murray Edwards, took home $10.6 million in total compensation in 2018. Executive compensation: In 2018, Suncor CEO, Steven Williams — who retired this year — received $14.5 million in total compensation (including stock options and bonuses). The company has more than $41 billion in assets, according to its latest financial statements. In Canada, the Big Five are Suncor Energy, CNRL, Cenovus, Imperial Oil and Husky Energy. Here are some of the reasons why Alberta Health Services / AHS was selected as one of Canada's Top 100 Employers (2021) and Alberta's Top Employers (2020): AHS maintains a comprehensive Health and Wellness Action Plan in support of healthy and resilient employees -- the plan features a variety of online resources and training, a Wellness Champion Network, and the "What's … Search 1,864 Largest jobs now available in Alberta on Indeed.com, the world's largest job site. Yes, we have seen quite a substantial drop in operating costs in recent years as a result of a variety of factors. In Canada, the Big Five are Suncor Energy, CNRL, Cenovus, Imperial Oil and Husky Energy. The company’s assets are mainly located in the PSAC regions of Southeastern Alberta (AB3) and Central Alberta (AB5) and are nearly entirely comprised of natural gas wells. Photo: Cenovus. Report on Business magazine’s exclusive ranking of Canada’s largest companies Published April 26, 2019 Below are the 1,000 largest publicly traded Canadian corporations, as measured by assets. Locate and compare Oil Companies in Alberta AB, Yellow Pages Local Listings. The winners were announced in a special magazine published in the Calgary Herald and Edmonton Journal this morning. CNRL is an integrated oil and gas company. Royalties paid to the Government of Alberta: According to data obtained through ESTMA, Imperial Oil paid $525 million in royalties to the Government of Alberta in 2017. The company is the largest automobile parts manufacturer in North America, with $40.8 billion in revenue. Suncor is the biggest player in Canada, with the most assets, highest revenue and most employees of the Big Five, according to the Parkland Institute. According to Reuters, the company has a stake in tens of thousands of natural gas wells across Alberta. Mel Duvall, a senior spokesperson for Husky, told The Narwhal by email that Husky Energy “paid $67.6 million in royalties to the Alberta government in 2017.”. 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. Our tight integration between our upstream production base in Western Canada and our refining business, largely based in the U.S. Midwest, means we can capture value whether it lies in upstream production or in producing products the market needs, such as gasoline, asphalt, jet fuel and diesel.”, Earlier this year, the Wall Street Journal proclaimed “the world’s largest Western oil companies shrugged off a 38 per cent plunge in oil prices during the final months of 2018 to post some of their biggest annual profits in years.”, According to the Journal, which examined the profits of the Big 5 American oil and gas companies, “collectively, the companies have restructured their businesses, sold off assets and positioned themselves to thrive even when crude prices swing up and down wildly.”. Ad-Free, non-profit and supported by the Nisg̱a ’ a Lisims Government the industry is to become as. 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