Finance

The 2023 Top 100: B.C.’s biggest companies by industry

The province's top businesses in finance, transport, technology and more.

By Michael McCullough /

Credit: Joshua Golde/Unsplash

The province’s top businesses in finance, transport, technology and more

Inflation’s bite brought new corporate leaders to the fore in 2022, while taking the edge off the commodity boom. Here are the largest businesses in the province, organized by industry.

Finance

1. Insurance Corp. of British Columbia

Revenue by fiscal year ($000)
2022: 5,208,692
2021: 6,347,229

2. HSBC Bank Canada

Revenue by fiscal year ($000)
2022: 2,548,000
2021: 2,215,000

3. Canaccord Genuity Group

Revenue by fiscal year ($000)
2022: 2,040,600
2021: 1,993,500

4. PBC Health Benefits Society

Revenue by fiscal year ($000)
2022: 1,768,800
2021: 1,627,985

5. WorkSafe BC

Revenue by fiscal year ($000)
2022: 1,571,000
2021: 4,555,000

6. British Columbia Investment Management Corp.

Revenue by fiscal year ($000)
2022: 937,399
2021: 729,384

7. Raymond James

Revenue by fiscal year ($000)
2022: 705,305 c
2021: 607,948 c

8. Vancity Credit Union

Revenue by fiscal year ($000)
2022: 561,000
2021: 624,500

9. Coast Capital Savings Federal Credit Union

Revenue by fiscal year ($000)
2022: 526,588
2021: 512,035

10. First West Credit Union

Revenue by fiscal year ($000)
2022: 318,462
2021: 343,541

Manufacturing + Transport

1. Finning International

Revenue by fiscal year ($000)
2022: 9,279,000
2021: 7,294,000

2. Premium Brands Holdings Corp.

Revenue by fiscal year ($000)
2022: 6,029,800
2021: 4,931,700

3. Methanex Corporation

Revenue by fiscal year ($000)
2022: 5,609,904 c
2021: 5,533,650 c

4. Ledcor Group of Companies

Revenue by fiscal year ($000)
2022: 5,000,000
2021: 3,700,000

5. Futura Corp.

Revenue by fiscal year ($000)
2022: 3,300,000
2021: 2,800,000

6. Doman Building Materials Group

Revenue by fiscal year ($000)
2022: 3,039,017
2021: 2,543,674

7. South Coast British Columbia Transportation Authority (TransLink)

Revenue by fiscal year ($000)
2022: 2,138,538
2021: 1,660,651

8. Adentra

Revenue by fiscal year ($000)
2022: 2,103,160 c
2021: 2,025,905 c

9. GCT Global Container Terminals

Revenue by fiscal year ($000)
2022: 1,800,000
2021: 1,602,300

10. Teekay Corporation

Revenue by fiscal year ($000)
2022: 1,548,786 c
2021: 1,708,641 c

Science + Technology

1. Telus International (Cda)

Revenue by fiscal year ($000)
2022: 3,211,608 c
2021: 2,750,179 c

2. Sierra Wireless

Revenue by fiscal year ($000)
2022: 685,738 c
2021: 601,781 c

3. AbCellera Biologics

Revenue by fiscal year ($000)
2022: 631,682 c
2021: 470,317 c

4. Zymeworks

Revenue by fiscal year ($000)
2022: 536,763 c
2021: 33,443 c

5. Stemcell Technologies

Revenue by fiscal year ($000)
2022: 412,307
2021: 325,428

6. BBTV Holdings

Revenue by fiscal year ($000)
2022: 402,335
2021: 476,622

7. Westport Fuel Systems

Revenue by fiscal year ($000)
2022: 397,805 c
2021: 391,593 c

8. Absolute Software Corp.

Revenue by fiscal year ($000)
2022: 256,761 c
2021: 151,403 c

9. Vecima Networks

Revenue by fiscal year ($000)

2022: 186,814
2021: 124,177

10. Aurinia Pharmaceuticals

Revenue by fiscal year ($000)

2022: 174,413 c
2021: 57,166c

Natural Resources

1. Teck Resources

Revenue by fiscal year ($000)
2022: 17,316,000
2021: 12,766,000

2. Paper Excellence Canada Holdings Corp.

Revenue by fiscal year ($000)
2022: 14,184,170 c
2021: 2,000,000 c

3. First Quantum Minerals

Revenue by fiscal year ($000)
2022: 9,923,714 c
2021: 9,040,242 c

4. West Fraser Timber Co.

Revenue by fiscal year ($000)
2022: 9,701,000
2021: 10,518,000

5. Canfor Corp.

Revenue by fiscal year ($000)
2022: 7,426,700
2021: 7,684,900

6. Interfor Corp.

Revenue by fiscal year ($000)
2022: 4,584,045
2021: 3,289,146

7. Mercer International

Revenue by fiscal year ($000)
2022: 2,968,183 c
2021: 2,260,380 c

8. B2Gold Corp.

Revenue by fiscal year ($000)
2022: 2,254,619 c
2021: 2,208,998 c

9. Taiga Building Products

Revenue by fiscal year ($000)
2022: 2,192,705
2021: 2,219,674

10. Pan American Silver

Revenue by fiscal year ($000)
2022: 1,945,077 c
2021: 2,043,205 c

Real Estate

1. BC Housing Management Commission

Revenue by fiscal year ($000)
2022: 1,961,498
2021: 1,903,818

2. Northland Properties Corp.

Revenue by fiscal year ($000)
2022: 1,200,000
2021: 850,000 e

3. Anthem Properties Group

Revenue by fiscal year ($000)
2022: 1,123,780
2021: 713,540

4. Imperial Parking Corp.

Revenue by fiscal year ($000)
2022: 1,100,000 e
2021: 603,675 e

5. Polygon Family of Companies

Revenue by fiscal year ($000)
2022: 617,000
2021: 1,081,000

6. American Hotel Income Properties REIT

Revenue by fiscal year ($000)
2022: 366,143 c
2021: 291,000 c

7. Concert Properties

Revenue by fiscal year ($000)
2022: 325,000
2021: 305,000

8. Wall Financial Corp.

Revenue by fiscal year ($000)
2022: 241,049
2021: 191,558

9. City Office REIT

Revenue by fiscal year ($000)
2022: 234,865 c
2021: 205,625 c

10. BC Pavillion Corp.

Revenue by fiscal year ($000)
2022: 98,647
2021: 82,751

Charities

1. BC Children’s Hospital Foundation

Revenue by fiscal year ($000)
2022: 55,778
2021: 39,480

2. University of British Columbia

Revenue by fiscal year ($000)
2022: 55,044
2021: 36,990

3. Vancouver Foundation

Revenue by fiscal year ($000)
2022: 50,000 e
2021: 58,888

4. BC Cancer Foundation

Revenue by fiscal year ($000)
2022: 44,527
2021: 29,060

5. VGH & UBC Hospital Foundation

Revenue by fiscal year ($000)
2022: 35,906
2021: 25,223

6. St. Paul’s Foundation

Revenue by fiscal year ($000)
2022: 25,390
2021: 17,137

7. Union Gospel Mission

Revenue by fiscal year ($000)
2022: 24,361
2021: 23,570

8. Power to Change Ministries

Revenue by fiscal year ($000)
2022: 20,411
2021: 19,846

9. Terry Fox Foundation

Revenue by fiscal year ($000)
2022: 18,412
2021: 13,545

10. Covenant House Vancouver

Revenue by fiscal year ($000)
2022: 17,464
2021: 17,732

Retail

1. Lululemon Athletica

Revenue by fiscal year ($000)
2022: 10,554,217 c
2021: 7,842,669 c

2. Georgia Main Food Group

Revenue by fiscal year ($000)
2022: 6,150,000 e
2021: 5,700,000 e

3. Best Buy Canada

Revenue by fiscal year ($000)
2022: 5,089,384 c
2021: 4,512,600 c

4. BC Liquor Distribution Branch

Revenue by fiscal year ($000)
2022: 4,355,056
2021: 4,134,673

5. London Drugs

Revenue by fiscal year ($000)
2022: 3,050,000 e
2021: 2,950,000 e

6. Ritchie Bros. Auctioneers

Revenue by fiscal year ($000)
2022: 2,256,204 c
2021: 1,776,173 c

7. Kal Tire

Revenue by fiscal year ($000)
2022: 1,900,000
2021: 1,600,000

8. OpenRoad Auto Group

Revenue by fiscal year ($000)
2022: 1,872,428
2021: 1,817,305

9. Aritzia

Revenue by fiscal year ($000)
2022: 1,494,630
2021: 857,323

10. The Oppenheimer Group

Revenue by fiscal year ($000)
2022: 1,251,000
2021: 1,108,318

e=estimate
c=converted from USD at 1.3013 (2022) and 1.2535 (2021)
Revenue is by fiscal year

DISCLAIMER

BCBusiness prepares the Top 100 list using various sources, but it makes no representation regarding the completeness, accuracy or timeliness of any information presented.