Insights

After running stores across Vancouver Island for 46 years, 49th Parallel Grocery shareholders felt the time was right to sell their business. What originally started as a family-owned café, grew to a general supply store, and then under the current owners expanded to four locations. Today, 49th Parallel’s four grocery stores include over 380 employees and over 80,000 square feet of retail space.

As the Canadian economy confronts conditions not seen in decades, the real estate industry is challenged with an uncertain landscape in 2023.

The 2023 edition of the IFRS publication details important amendments published between January 1 and December 31, 2022.

Known as a leader in the residential energy sector, Ecofitt has been successfully implementing energy efficient solution packages for utilities, retailers, and distributors across Canada. To date, Ecofitt has installed over 4.0 million Ecofitt LED light bulbs and 150,000 smart thermostats in over 500,000 homes.

After establishing four thriving animal hospitals, Nova Scotia-based Village Veterinary Group were approached to sell their practice. However, they weren't willing to sell to just any buyer—it had to had to be the right one.

For more than 50 years, Protective Packaging Limited, a family-owned and operated business, has supplied essential vinyl, plastic, and paper materials to many Canadian industries—from automotive and manufacturing to healthcare and aerospace companies. Their mission is to protect the end customer’s valuable products while offering excellent customer service, competitive prices, and one of the largest product ranges of any distributor in Canada

MDBilling.ca, a cloud-based medical billing platform, was created in 2008 to help solve a major pain point for physicians—allowing them to spend more time with patients and less time on administrative work. Now used by 9,000 physicians across Ontario and British Columbia, the Toronto-based business has helped to alleviate the burden of medical paperwork with its convenient mobile and web billing applications

As an Alberta-based company in operation for 46 years, Highwood Distillers, is one of the largest independently owned, craft distilleries in Canada. Highwood produces a range of spirits and signature Canadian whiskies, serving customers across Canada, the US, and overseas.