Delnor Construction Ltd. Requalified to be Named one of Canada’s Best Managed Companies

Toronto, ON – March 5, 2020 – Delnor Construction Ltd. was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. Delnor was a winner of Canada’s Best Managed Companies program in 2019 and re-qualified in 2020 to maintain their status as a Best Managed company. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Delnor’s ability to navigate the challenging economic environment and construction industry by putting our clients first, investing in our employees, and supporting our community allowed us to be re-qualified to remain a member and 2020 winner of the Canada’s Best Managed Companies program for the second year in a row.

“Throughout the program’s 27-year history, thousands of private companies have competed for this designation,"
said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. "This year's winners have proven that they are continually and deliberately pushing boundaries; they are competitive about their place on the world stage. This is evident in their unwavering commitment to clear and concise strategies, their capability to clearly prove and articulate their sustained competitive advantage, and their commitment to the lifeblood of their organization: their people, with specific focus on developing next gen leaders.”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2020 Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility. Delnor is thrilled to compete on the world stage and be recognized as a requalifying member of this program.

2020 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best
Managed Companies gala in Toronto on April 1, 2020. On the same date, the Best Managed symposium will
address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of
Business, and TMX Group.

To see the full list of Winners, visit the re-applied Best Managed Winners page HERE and New Winners HERE

About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and
managed companies with revenues over $25 million. Every year since the launch of the program in 1993,
hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent
process that evaluates their management skills and practices. The awards are granted on four levels: 1)
Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s
Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group. For more information, visit

Posted on March 05 2020