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Canada's 50 biggest employers in 2012 Add to ...

Booming resource companies attract a lot of headlines and investor interest, but the bulk of Canada's heftiest employers are still in glamour-challenged traditional sectors like banking, insurance and retail.


The Top 1000 rankings in ROB Magazine and this website only provide a limited snapshot of data for the top 1000 companies in Canada. The full database provides a complete guide to corporate performance in Canada, with comprehensive shareholder information and can be purchased here. This year, Report on Business magazine is offering four individual products for download. Compatible with most spreadsheet software programs, the download files are indispensable tools for business development, sales targeting, and investing.

 

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Employees Rank Company and Year-End Head Office Number of Employees 2011 Revenue per Employee $ 2011 Profit per Employee $
1 Onex Corp.(De11)1 Toronto,Ont. 246,000 100,301 5,394
2 George Weston Ltd.(De11) Toronto,Ont. 155,000 208,877 4,097
3 Loblaw Companies(De11) Brampton,Ont. 135,000 232,333 5,696
4 Magna International(De11)1 Aurora,Ont. 108,275 266,858 9,402
5 Toronto-Dominion Bank(Oc11) Toronto,Ont. 75,631 359,932 77,865
6 Bank of Nova Scotia(Oc11) Toronto,Ont. 75,362 354,688 69,903
7 Royal Bank of Canada(Oc11) Toronto,Ont. 74,000 483,108 65,568
8 Bombardier Inc.(De11)13 Montreal,Que. 65,400 288,716 12,798
9 Metro Inc.(Se11) Montreal,Que. 65,000 176,565 5,943
10 Thomson Reuters Corp.(De11)1 New York,NY 60,000 233,583 -23,167
11 BCE Inc.(De11) Verdun,Que. 55,250 354,534 42,353
12 Alimentation Couche-Tard(Ap11)1 Laval,Que. 53,000 358,291 6,983
13 Empire Company(My11) Stellarton,N.S. 49,000 327,800 7,541
14 Bank of Montreal(Oc11) Toronto,Ont. 47,180 372,064 69,224
15 CIBC(Oc11) Toronto,Ont. 42,239 378,749 72,895
16 Extendicare REIT(De11) Markham,Ont. 38,000 55,236 -800
17 Power Corp. of Canada(De11) Montreal,Que. 32,616 1,009,075 34,216
18 Celestica Inc.(De11)1 Toronto,Ont. 31,000 232,677 6,294
19 Sears Canada(Ja12) Toronto,Ont. 31,000 149,332 -1,939
20 Gildan Activewear(Oc11)1 Montreal,Que. 29,500 58,513 8,132
21 Rogers Communications(De11) Toronto,Ont. 28,745 432,875 54,375
22 Rona Inc.(De11) Boucherville,Que. 28,000 172,555 -2,799
23 Garda World Security(Ja12) Montreal,Que. 27,500 44,515 785
24 Manulife Financial(De11) Toronto,Ont. 26,000 1,960,885 4,962
25 Canadian Tire Corp.(De11) Toronto,Ont. 25,486 397,563 18,324
26 CGI Group(Se11) Montreal,Que. 25,000 173,368 17,392
27 Air Canada(De11) Saint-Laurent,Que. 23,670 492,100 -10,773
28 Brookfield Asset Management(De11)1 Toronto,Ont. 23,000 837,957 85,087
29 FirstService Corp.(De11)15 Toronto,Ont. 23,000 96,479 3,222
30 Maple Leaf Foods(De11) Toronto,Ont. 19,800 248,139 4,148
31 National Bank of Canada(Oc11) Montreal,Que. 19,431 309,608 62,426
32 A&W Revenue Royalties I.F.(De11) North Vancouver,B.C. 19,000 1,256 1,194
33 Barrick Gold(De11)1 Toronto,Ont. 18,400 796,848 243,696
34 Great-West Lifeco(De11) Winnipeg,MB 17,350 1,730,202 122,075
35 Quebecor Inc.(De11) Montreal,Que. 16,950 251,735 11,858
36 Research In Motion(Ma12)1 Waterloo,Ont. 16,500 1,118,545 70,545
37 Linamar Corp.(De11) Guelph,Ont. 15,682 183,003 6,466
38 Sun Life Financial(De11) Toronto,Ont. 15,000 1,531,933 -13,333
39 Agrium Inc.(De11)1 Calgary,Alta. 14,800 1,052,365 92,635
40 Chartwell Seniors Housing REIT(De11) Mississauga,Ont. 14,300 54,075 -4,429
41 Shaw Communications(Au11) Calgary,Alta. 14,000 349,895 32,407
42 TransForce Inc.(De11) Saint-Laurent,Que. 13,900 194,145 7,354
43 Cinram International IF(De11)1 Scarborough,Ont. 13,700 58,600 -6,463
44 Finning International(De11) Vancouver,B.C. 13,592 434,263 19,082
45 Teck Resources(De11) Vancouver,B.C. 13,500 861,778 197,630
46 Cascades Inc.(De11) Kingsey Falls,Que. 12,000 307,417 8,250
47 Reitmans (Canada)(Ja12) Montreal,Que. 11,100 92,339 4,283
48 Stantec Inc.(De11) Edmonton,Alta. 11,100 151,405 1,141
49 Transcontinental Inc.(Oc11) Montreal,Que. 11,000 185,809 7,691
50 Intact Financial(De11) Toronto,Ont. 10,133 541,498 45,890

Source: Company annual reports.
Notes: Profit, revenue and assets are shown in $000s. For ranking purposes, figures from companies that report in foreign currencies have been converted to Canadian dollars and partial-year results have been annualized. Foreign currencies are converted at the end of the relevant fiscal period for balance sheet items and at the average exchange rate for the relevant period for earnings items. Share-price calculations are based on closing share prices on the companies' balance sheet dates.
Footnotes: 1. Company reports in U.S. dollars. 2. Company reports in U.K. pounds.3. Figures have been annualized in latest year. 4. Figures have been annualized in previous year. 5. Figures have been annualized in previous three through five years. 8. Company reports in euros. Abbreviations: n/a=not available, n/d=no debt, n/m=not meaningful, n/r=not ranked. In the Major shareholder(s) column: V=voting, LV=limited voting, MV=multiple voting, NV=non-voting, SV=subordinate voting.

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