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Globe and Mail
22-05-2025
- Business
- Globe and Mail
Mattamy Homes Named One of Canada's Best Managed Companies
TORONTO , /CNW/ - Mattamy Homes has again been recognized for its industry-leading performance, global business practices and sustained growth by receiving the prestigious 2025 Canada's Best Managed Companies award. Mattamy was a winner of Canada's Best Managed Companies program in 2020 and requalified in 2025 to maintain its status as a Best Managed Gold Standard company. Celebrating more than 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. "Over the past year, the pace of change in our industry has only accelerated — and once again, our team at Mattamy has embraced every challenge as an opportunity," says Brad Carr , CEO of Mattamy Homes Canada. "What continues to inspire me is how adaptable, resourceful, and forward-thinking our people are. In the face of uncertainty, they consistently find ways to drive success. Being again named one of Canada's Best Managed Companies in this environment reflects that resilience, and it's something we're incredibly proud of." 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. 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. Together, these practices strengthen the Canadian economy by promoting sustainable growth, enhancing competitiveness, and cultivating a thriving business ecosystem. "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 and Co- Leader, Canada's Best Managed Companies program. "This year's winners, including Mattamy Homes, 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 Canada's Best Managed Companies Canada's Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian 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, EDC, The Globe and Mail, and TMX Group. For more information, visit About Mattamy Homes


Cision Canada
21-05-2025
- Business
- Cision Canada
Diverso Energy and Mattamy Homes Announce Joint Venture to Advance Sustainable Homebuilding across Canada
Through this newly formed partnership, Diverso will be the exclusive provider of geothermal services to select Mattamy residential developments across Canada, spanning a range of single-family homes, townhouses, and multi-family mid-rise and high-rise developments. The partnership makes possible lower-emission communities without compromising affordability, homeowner experience or aesthetic design. Leveraging Diverso's turnkey EaaS geothermal model, select Mattamy homes will now feature fully electrified, emissions-free heating and cooling, with unique benefits such as whisper-quiet operation and greater outdoor deck space thanks to more compact HVAC systems. "Each of us brought half the solution," said Tim Weber, CEO, Diverso Energy. "It took trust and shared vision to bring the partnership together, which will greatly accelerate the adoption of geothermal technology in residential developments across Canada." The announcement builds on Mattamy's efforts to reduce carbon across its communities. Mattamy has committed to achieving a 10% greenhouse gas reduction in its FY2025 sold homes as compared to code-built homes—representing a 31 percent reduction from a typical resale home built in 2005/2006. "We've taken what was once a niche, custom energy solution and integrated it into our mainstream production model over the past several years," said Brad Carr, CEO of Mattamy Homes Canada. "It's evolved into a scalable offering, and our joint venture with Diverso enables us to use the proven, reliable technology to deliver numerous operational benefits to thousands of Canadian homeowners at no additional cost to them." Both companies intend their partnership to serve as a benchmark for the broader development community, offering a real-world case study in how to meet the demands of increasingly strict building codes—without sacrificing the bottom line. About Diverso Diverso Energy Inc. offers a unique geoexchange utility model for low-rise, multi-family, office, and institutional buildings. Diverso designs, builds, owns, and operates geoexchange utility systems allowing clients to leverage the significant benefits of geoexchange without the financial or operating risks associated with the technology. To date, Diverso has helped hundreds of clients, including some of Canada's leading real estate developer partners, benefit from Diverso's unique and proven combination of financial and technical solutions, accelerating the transition from fossil fuels to electric buildings. About Mattamy Homes Mattamy Homes is one of the largest privately owned homebuilders in North America, with more than 45 years of history across the United States and Canada. Every year, Mattamy helps more than 8,000 families realize their dream of homeownership. In Canada, its communities stretch across the Greater Toronto Area, Ottawa, Calgary and Edmonton. In the United States, the company is represented in 11 markets – Dallas, Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US head office is located), Tampa, Sarasota, Naples and Southeast Florida. For more information, please visit