Toronto, ON – March 8, 2018 – Campus Living Centres (CLC) was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies Gold Standard designation. The 2018 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Now in its 25th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
Having qualified for the Best Managed designation four years in a row, Campus Living Centres is excited to be a Gold Standard Winner this year. CLC is the largest, and only vertically integrated student housing organization in the country. They are partnered with over 20 Canadian postsecondary institutions, and have completed 14 public-private partnership (P3) student developments to date.
“It’s much more than just financial performance,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
“We are excited to once again qualify for the Best Managed Designation, and achieve the Gold Standard Winner this year,” said Michael Paul, Senior Vice President, Campus Living Centres. “Our success is directly related to the efforts of our dedicated staff, and our collaborative approach to managing client relations.”
2018 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 11, 2018. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
For further information, please contact:
About Campus Living Centres
Campus Living Centres was founded in 1989 with the purpose of assisting Canadian postsecondary institutions with the planning, design, financing, and management of student housing and conference facilities. As the largest operator of student housing in Canada, Campus Living Centres has a portfolio of approximately 20,000 beds, which includes a combination of both managed and/or owned student housing developments, and commercial real estate.
For further information, please contact:
Clarence Chong, Director, Marketing & Sales
by Clarence Chong