Skip to main content
The Globe and Mail
Support Quality Journalism
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }

Report on Business Magazine's Top 1000 rankings list Canada's 1,000 biggest public companies by profit. They are ranked according to their after-tax profits in their most recent fiscal year, excluding extraordinary gains or losses. These 10 companies saw the biggest drops on the 2012 list, when compared to their ranking last year. The companies appear in descending order, from the biggest drop to the tenth-biggest drop.

Sun Life Financial. Last year’s rank: 16. This year’s rank: 985. 2010 profit: $1.68-billion. 2011 loss: $200-million. Profit change: Down 113 per cent. Rank change: Down 969 on the Top 1000.

Michelle Siu/The Globe and Mail

1 of 10

Thomson Reuters Corp. Last year’s rank: 36. This year’s rank: 998. 2010 profit: $933-million. 2011 loss: $1.39-billion (U.S.). Profit change: Down 249 per cent. Rank change: Down 962 on the Top 1000.

SIMON NEWMAN/REUTERS

2 of 10

Kinross Gold. Last year’s rank: 39. This year’s rank: 999. 2010 profit: $772-million. 2011 loss: $2.07-billion (U.S.). Profit change: Down 373 per cent. Rank change: Down 960 on the Top 1000. (Pictured: CEO Tye Burt.)

MIKE CASSESE/REUTERS

3 of 10

Agnico-Eagle Mines. Last year’s rank: 67. This year’s rank: 996. 2010 profit: $332-million. 2011 loss: $596-million (U.S.). Profit change: Down 271 per cent. Rank change: Down 929 on the Top 1000. (Pictured: CEO Sean Boyd.)

MARK BLINCH/REUTERS

4 of 10

Story continues below advertisement

Heritage Oil. Last year’s rank: 26. This year’s rank: 954. 2010 profit: $1.22-billion (U.S.). 2011 loss: $67-million. Profit change: Down 105 per cent. Rank change: Down 928 on the Top 1000. (Pictured: Crude oil from Tullow Oil displayed in Uganda's capital city, Kampala. Heritage Oil and Tullow Oil co-discovered oil in Uganda in 2006.)

Stephen Wandera/AP

5 of 10

Yellow Media. Last year’s rank: 83. This year’s rank: 1000. 2010 profit: $274-million. 2011 loss: $2.83-billion. Profit change: Down 1,351 per cent. Rank change: Down 917 on the Top 1000. (Pictured: CEO Marc Tellier.)

Graham Hughes/THE CANADIAN PRESS

6 of 10

Pinetree Capital. Last year’s rank: 77. This year’s rank: 993. 2010 profit: $296-million. 2011 loss: $298-million. Profit change: Down 200 per cent. Rank change: Down 916 on the Top 1000. (Pictured: Marshall Auerback, corporate director and company spokesperson during a recent BNN interview.)

BNN

7 of 10

Air Canada. Last year’s rank: 147. This year’s rank: 991. 2010 profit: $107-million. 2011 loss: $255-million. Profit change: Down 673 per cent. Rank change: Down 844 on the Top 1000.

Michelle Siu/THE CANADIAN PRESS

8 of 10

Rona Inc. Last year’s rank: 124. This year’s rank: 961. 2010 profit: $143-million. 2011 loss: $78-million. Profit change: Down 157 per cent. Rank change: Down 837 on the Top 1000. (Pictured: President and CEO Robert Dutton.)

CHRISTINNE MUSCHI/REUTERS

9 of 10

Canfor Corp. Last year’s rank: 115. This year’s rank: 941. 2010 profit: $161-million. 2011 loss: $57-million. Profit change: Down 170 per cent. Rank change: Down 826 on the Top 1000. (Pictured: The Canfor sawmill in Quesnel, B.C.)

JOHN LEHMANN/The Globe and Mail

10 of 10

Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies