Top 50 most profitable companies in B.C. in 2023

 

Ranked by 2022 net income

Published November 13, 2023. Sources: Interviews with companies below and BIV research. Other companies may have ranked but did not respond to information requests by deadline. Companies that report in USD have had their numbers converted to CAD using Bank of Canada's average yearly rate depending on company's fiscal year-end. NP = Not provided

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Rank '23 Company Ownership Senior executive(s) B.C. employees '22/'21 Fiscal year-end Assets '22/'21 (000s) Revenues '22/'21 (000s) Net income'22/'21(000s)

1

Teck Resources Ltd
550 Burrard St Suite 3300, Vancouver V6C 0B3
P: 604-699-4000 F: 604-699-4750 teck.com

TSX:TECK.A,TECK.B; NYSE:TECK

H.M. Conger, president and COO (1), Jonathan Price, CEO (1)

5,000 (2)
5,000 (2)

31-Dec

$52,359,000
$47,368,000

$17,316,000
$13,481,000

$3,317,000
$3,037,000

2

West Fraser Timber Co Ltd
885 Georgia St W Suite 1500, Vancouver V6C 3E8
P: 604-895-2700 F: 604-681-6061 westfraser.com

TSX:WFG; NYSE: WFG

Raymond Ferris, president and CEO

2,772
2,772 (3)

31-Dec

$12,977,865 (4)
$13,077,766 (4)

$12,623,911 (4)
$13,184,313 (4)

$2,570,068 (4)
$3,694,065 (4)

3

Telus Corp
510 Georgia St W 23rd floor, Vancouver V6B 0M3
P: 604-697-8044 F: NP telus.com

TSX:T; NYSE:TU

Darren Entwistle, president and CEO, Doug French, executive vice-president and CFO

8,000 (5)
8,000

31-Dec

$54,046,000
$47,994,000

$18,412,000
$17,258,000

$1,718,000
$1,698,000

4

BC Lottery Corp (BCLC)
74 Seymour St W, Kamloops V2C 1E2
P: 250-828-5500 F: 250-828-5631 bclc.com

Government

Jim Lightbody, president and CEO (on medical leave)

NP
NP

31-Mar

NP
$481,899

$2,361,603
$965,593

$1,313,680
$429,939

5

BC Liquor Distribution Branch
3383 Gilmore Way, Burnaby V5G 4S1
P: 604-252-3000 F: 604-252-3044 bcldb.com

Crown corporation

R. Blain Lawson, general manager and CEO

NP
NP

31-Mar

$558,898
$606,575

$4,355,056
$4,134,673

$1,189,309
$1,160,900

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