Trico Homes Named a 19-Time Canada’s Best Managed Company

  • Trico Awards & News
  • Tuesday, May 9, 2023

Trico Homes was recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award.

Celebrating its 30th anniversary, 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 Trico Homes’ team takes great pride in our work and draws inspiration from our ambitious vision. We have dedicated ourselves to implementing intelligent business strategies with the support of a robust leadership team and a thriving corporate culture, which have propelled our success. The team is honored to have once again been acknowledged as a Best Managed Company,” says Glenda Schwartz, Director of Marketing.

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.

Trico Homes has developed an enduring story and culture based on a profound and clear vision, combined with firm values that are deeply embraced and shared by the entire organization. The company’s core values of Trust, Respect, Integrity, Community and Opportunity represent its name and are the foundations of its culture. In addition, creativity, innovation and a culture of Ownership Thinking are integral to the success of Trico’s Vision.

The company has an impressive history of achieving ambitious corporate, financial and growth-oriented goals and notably advancing their commitment to creating value for their stakeholders and the community. The founders’ desire to create a legacy company has driven Trico’s growth, philosophy and culture.

The 2023 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

In its 30th year, the Best Managed program recognizes companies who combine strategic expertise and a culture of innovation with a steadfast commitment to their communities,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners, including Trico Homes, have demonstrated an increased focus on environmental, social, and governance themes as means to drive impactful and sustainable business outcomes. Their unwavering dedication to their core purpose, and to enhancing client relationships, cultivating a healthy culture with their employees, and serving their communities, set the standard of excellence for Canada’s business ecosystem.”

About Canada’s Best Managed Companies Program

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, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

About Trico Homes

Established in 1992, Trico Homes has grown over the past 31 years and developed to become one of Calgary’s top builders. To date, Trico has built over 11,500 quality single- and multi-family homes in Calgary and the surrounding communities.

Trico has an enviable history of creating residences and communities that enrich the quality of life of its customers, and their families. Their vision extends beyond home designs; it reaches into the communities they build in, and throughout their organization to our values, culture, processes and stakeholder partnerships. Trico’s team brings passion, collaboration, integrity, expertise and innovative thinking to every venture they are involved in.

Trico Homes is recognized as a 19-time Platinum Member of Canada’s 50 Best Managed Companies and a 10-time member of Canada’s Best Workplaces – and that says a lot about both the company’s management and its culture.

For further information, please visit www.bestmanagedcompanies.ca

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