Norda Stelo Named Gold Standard New Winner of the Canada's Best Managed Companies Program Français
Norda Stelo won its initial Best Managed award in 2021 and has successfully retained its status, becoming a Gold Standard winner in 2025.
Celebrating over 30 years, Canada's Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.
The 2025 cohort of Best Managed Companies shares common themes, including fostering a people-centric culture, implementing a strategic company framework, investing in innovation and technological advancement, and maintaining financial resilience and strong corporate governance.
"We are extremely proud to be among Canada's Best Managed Companies. Achieving Gold Standard recognition this year is a true validation of our impact business model," says Alex Brisson, President and CEO of Norda Stelo. "Our promise of impact engineering permeates each of our projects, always seeking to produce positive effects on the community and the environment. It is heartwarming to see our efforts in innovation, technological advancements, resilience, and governance recognized in this program."
Canada's Best Managed Companies is one of the country's leading business awards programs recognizing innovative and world–class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.
Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.
"For over 30 years, the Best Managed program recognizes companies who see challenges as checkpoints and obstacles as opportunities," said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada's Best Managed Companies program."This year's winners, including Norda Stelo, have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day."
About Norda Stelo
Established in 1963 and headquartered in Quebec, Canada, Norda Stelo stands as an esteemed independent engineering firm. For six decades, it has been distinguished for its comprehensive expertise in executing integrated projects across a spectrum of sectors. These include transportation infrastructures like roads, ports, and railways, as well as diverse industries such as mining and metals, energy, and manufacturing and processing. The firm's enduring legacy is marked by its commitment to innovation, quality, and the successful delivery of complex projects. The company supports its customers at every stage of their projects, emphasizing its commitment to quality, innovation, and value creation.
Norda Stelo operates in over 50 countries and is B Corp certified, demonstrating its commitment to the common good and sustainability. For more information on Norda Stelo and its services, visit www.norda.com.
Norda Stelo's Innovations and Solutions group develops and delivers innovative solutions and services to customers in road, port, and rail transport infrastructures, as well as in various industries including mining and metals, energy and manufacturing and processing. These solutions include asset management, ESG initiatives, decarbonization and the STELAR asset management technology platform. For more information on the Stelar platform, visit www.stelar.ai.
About Canada's Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed companies. 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, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Global News
2 minutes ago
- Global News
Alberta government says canola tariffs are a 'devastating blow' to farmers
Alberta's agriculture minister is calling on the federal government to engage in constructive dialogue with China following its decision to slap tariffs on Canadian canola seed. In a statement emailed to media on Tuesday afternoon, R-J Sigurdson says the planned 75.8 per cent tariff is 'another devastating blow' to the province's agriculture industry, coming on top of existing 100 per cent tariffs on Canadian canola meal and oil. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy The minister says nearly 70 per cent of Alberta's canola seed exports are destined for China. 'China is Alberta's second-largest agricultural export market, worth $2.4 billion in 2024, with canola, peas and pork making up $1.7 billion of that trade,' Sigurdson said in the statement. Beijing says the measure will start Thursday, nearly a year after it launched an anti-dumping probe into Canadian canola in response to Canada's 100 per cent tariff on Chinese electric vehicles.
Winnipeg Free Press
2 minutes ago
- Winnipeg Free Press
Were you planning to fly Air Canada? What you need to know about a looming strike
A work stoppage looms for around 10,000 Air Canada flight attendants after their union and the airline issued 72-hour strike and lockout notices, respectively, early Wednesday morning. Air Canada says it will begin cancelling flights that were scheduled to take off Thursday, with increasingly more disruptions by the weekend if a last-minute deal can't be reached before the work stoppage takes effect. For summer travellers worried about what this means for their plans, here's what you need to know. Have the strike and lockout started? Not yet. The Air Canada component of the Canadian Union of Public Employees has signalled its intent to go on strike as of early Saturday morning. That notice was issued just before 1 a.m. ET on Wednesday. Half an hour later, Air Canada issued a notice that it also plans to lock out flight attendants. Such notices were required 72 hours in advance of any labour action. That means the work stoppage would officially begin Saturday around 1 a.m. if the two sides don't reach an 11th hour deal. Will all Air Canada flights be cancelled? A work stoppage will affect Air Canada's main operations and Air Canada Rouge. Air Canada said it will begin a gradual suspension of flights in advance of the strike deadline to allow an orderly shutdown leading up to Saturday. The airline said the first flights will be cancelled Thursday, with more Friday and a complete stoppage by the weekend. Flight attendants working for Jazz and PAL, which operate Air Canada Express flights, are not part of the negotiations. Flights under those banners will continue to operate as normal. What should I know about my upcoming flight? Air Canada has said it will notify customers via email and text message if their flights have been cancelled. Affected customers will be eligible for a full refund, which can be obtained through Air Canada's website or mobile app. The company also said it has made arrangements with other Canadian and foreign carriers to provide customers with alternative travel options to the extent possible. That includes passengers whose itineraries change mid-journey. 'Customers will be notified of alternative travel options that are identified for them,' it said. 'However, given other carriers are already very full due to the summer travel peak, securing such capacity will take time and, in many cases, will not be immediately possible.' Air Canada added it is also implementing a flexible rebooking policy for all customers so they can change or defer travel at no additional cost. The airline has cautioned that under Canada's Airline Passenger Protection Regulations, customers are not eligible for compensation for delayed or cancelled flights, meals, hotels for situations outside the carrier's control, such as a strike or lockout. How did we get here? The two sides have been in contract talks since the start of the year, but concluded a conciliation process without reaching a deal. On July 28, the union's strike mandate vote kicked off. It wrapped Aug. 5, with CUPE announcing its members voted 99.7 per cent in favour of a strike mandate. At first, both sides seemed optimistic they could avoid a work stoppage despite the strong strike mandate. They returned to the bargaining table last Friday. But on Tuesday, Air Canada said it had reached an 'impasse' in negotiations with the union as the two sides were 'far apart' on key issues. The union told its members that the company 'decided they no longer want to negotiate.' CUPE said it had also rejected a proposal by Air Canada to enter a binding arbitration process. That would have suspended the union's right to strike, as well as Air Canada's right to lock out union members. While Air Canada argued there was precedent to go that route, CUPE said it preferred to negotiate a contract that its members could then vote on. The strike and lockout notices were issued hours later after talks broke down. Air Canada has said it is looking into its remaining options, including a request for government-directed arbitration 'to prevent a disruption or at least remove this intolerable uncertainty for our customers.' What is this dispute all about? The union has said its main sticking points revolve around what it calls flight attendants' 'poverty wages' and unpaid labour when planes aren't in the air. It told members it has put forward a proposal seeking cost of living enhancements each year, with a catch-up 'to where we should be at for 2025.' CUPE said entry-level Air Canada flight attendants' wages have increased 10 per cent, or $3 per hour, over the past 25 years, which has been far outpaced by inflation. Monday Mornings The latest local business news and a lookahead to the coming week. It also said flight attendants are not paid 'for a significant portion of their time on the job,' such as when performing safety checks, attending to onboard medical and safety emergencies, and assisting passengers with boarding and deplaning. Air Canada said its latest offer included 38 per cent total compensation increases over four years, including 25 per cent in the first year. It said that proposal also addressed the issue of ground pay, improved pensions and benefits, increased crew rest and other enhancements to work-life balance. The airline said that offer would make its flight attendants the best compensated in Canada. But it said the union submitted a counter-offer 'seeking exorbitant increases beyond those presented in earlier submissions.' This report by The Canadian Press was first published Aug. 13, 2025. Companies in this story: (TSX:AC)
Cision Canada
32 minutes ago
- Cision Canada
166 new homes coming to Calgary through the Apartment Construction Loan Program Français
CALGARY, AB, Aug. 13, 2025 /CNW/ - Solving Canada's housing challenge requires immediate action to bring down costs. To provide Canadians with increased access to affordable and sustainable housing, the government today announced along with the City of Calgary a combined investment of over $75 million for the conversion of 166 housing units for new immigrants, students, and young couples. The announcement was made by Corey Hogan, Parliamentary Secretary, Member of Parliament for Calgary Confederation on behalf of The Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, alongside Jyoti Gondek, Mayor of Calgary. Located at 606 4 Street SW, the building formerly known as the Barclay Centre, a 55-year-old, 16-storey office building will be reimagined as into a 166-unit purpose-built rental building consisting of modern studio, one- and two-bedroom suites that will be open to residents in late 2027. With Courthouse Park and Harley Hotchkiss Gardens across the street, and just steps away from two CTrain stations and the CORE Shopping Center, the project highlights the walkable, connected urban lifestyle that is drawing more residents and investment into downtown Calgary. Other building amenities will include 17 accessible units, a shared fitness centre, two common lounges for media and social functions, a co-working space and a shared exterior patio and BBQ. As we build a strong Canadian housing sector, purposeful collaboration will be essential. That means working hand-in-hand with the non-profit sector to bring down costs and build homes at a scale and speed not seen since the Second World War. Quotes: "Our Government is committed to driving housing supply to bring housing costs down. This project will create more much-needed rental homes for the people living and working in Calgary. It's an example of what's possible when governments and the private sector work together. It's also another step forward in our bold, ambitious plan to build Canada strong." – Corey Hogan, Parliamentary Secretary, Member of Parliament for Calgary Confederation on behalf of The Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada "The momentum we're seeing downtown is the result of years of strategic investment and collaboration. This conversion is another example of how working with the private sector is reshaping our downtown while delivering housing, driving economic growth, and building the future for all Calgarians." – Jyoti Gondek, Mayor of Calgary "We are proud to partner with the CMHC and the City on this transformative project. It's a powerful example of how public-private collaboration can creatively address housing needs while transforming underused office space into vibrant residential communities in the heart of downtown." – Jay Jiang, Chief Financial Officer, Dream Office REIT Quick Facts: The National Housing Strategy (NHS) is a 10+ year, $115+ billion plan to give more Canadians a place to call home. Progress on programs and initiatives are updated quarterly on the Housing, Infrastructure and Communities Canada (HICC) website. The Housing and Infrastructure Project Map shows affordable housing projects that have been developed. As of March 2025, the federal government has committed $65.84 billion to support the creation of over 166,000 units and the repair of over 322,000 units. These measures prioritize those in greatest need, including seniors, Indigenous Peoples, people experiencing or at risk of homelessness, and women and children fleeing violence. NHS is built on strong partnerships between the federal, provincial, and territorial governments, and continuous engagement with others, including municipalities, Indigenous governments and organizations, and the social and private housing sectors. This includes consultations with Canadians from all walks of life, and people with lived experience of housing need. The $55 billion Apartment Loan Construction Program (ACLP) is providing low-cost financing to support more than 131,000 new rental homes across Canada by 2031 – 2032. The ACLP provides fully repayable low-interest loans to encourage the construction of more rentals for middle-class Canadians. It creates a positive impact to the housing system at minimal cost to taxpayers. A stable supply of purpose-built rental housing is essential for more people in Canada to have access to housing that meets their needs. As of March 2025, CMHC has committed $23.35 billion in loans through ACLP to support the creation of more than 59,000 rental homes. It is one of many programs and initiatives under the National Housing Strategy designed to help address housing needs across the housing continuum. It complements other NHS initiatives that focus on funding affordable housing units for lower-income households. Budget 2024 announced enhancements to the ACLP which includes the program being extended from 2027 – 2028 to 2031 – 2032. The enhancements will allow applicants to apply for funding for on- and off-campus student housing to support post-secondary educational institutions as well as independent seniors housing. There are no longer minimum requirements relating to energy efficiency and accessibility, instead applicants will benefit from making stronger commitments to desired rental supply and social outcomes. The Downtown Calgary Development Incentive Program is a cornerstone of the broader Downtown Strategy. Since launching in 2021, the program has generated $4 in private investment for every $1 of public funding that is building a downtown that serves Calgary today and in the future. The program currently boasts three complete conversions, including the recently opened Element Calgary Downtown. Another four conversions are expected to open to residents in 2025, further advancing downtown as a vibrant, mixed-use community where Calgarians can live, work and play. To date, 21 office conversion projects have been approved, repurposing over 2.68 million square feet of vacant office space into 2,628 new homes, 226 hotel rooms, and a hostel. Funding provided for 606 4 th Street Southwest is as follows: $64.3 million from the federal government, through the National Housing Strategy's Apartment Construction Loan Program Up to $10.5 million from the City of Calgary Incentive Funds $9 million from 606 Fourth Inc in cash equity Additional Information: Visit for the most-requested Government of Canada housing information. CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to homeownership and the creation and maintenance of rental supply. We also actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Follow us on X, YouTube, LinkedIn, Facebook and Instagram. Learn more about how The City of Calgary and partners are shaping a greater downtown at SOURCE Canada Mortgage and Housing Corporation (CMHC)
