Finance

The 2022 Top 100: B.C.’s biggest companies by industry

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

By Michael McCullough /

Climbing out of the claws of the pandemic wasn’t an easy feat. The push and pull of supply chain issues and inflation impacted businesses throughout B.C. in 2021, but even with ground lost in 2020, the economy was able to regain its footing. Here are the largest businesses in the province, organized by industry.

Finance

1. Insurance Corp. of British Columbia

Revenue by fiscal year ($000)
2021: 6,532,000
2020: 7,175,000

2. WorkSafe BC

Revenue by fiscal year ($000)
2021: 4,555,000
2020: 3,674,000

3. HSBC Bank Canada

Revenue by fiscal year ($000)
2021: 2,215,000
2020: 2,024,000

4. Canaccord Genuity Group

Revenue by fiscal year ($000)
2021: 1,993,500
2020: 1,223,900

5. PBC Health Benefits Society

Revenue by fiscal year ($000)
2021: 1,627,985
2020: 1,296,310

6. British Columbia Investment Management Corp.

Revenue by fiscal year ($000)
2021: 729,384
2020: 606,933

7. Vancouver Savings Credit Union

Revenue by fiscal year ($000)
2021: 624,500
2020: 490,000

8. Raymond James

Revenue by fiscal year ($000)
2021: 607,948 c
2020: 517,819 c

9. Coast Capital Savings Federal Credit Union

Revenue by fiscal year ($000)
2021: 512,035
2020: 429,609

10. First West Credit Union

Revenue by fiscal year ($000)
2021: 343,541
2020: 291,428

Manufacturing + Transport

1. Finning International

Revenue by fiscal year ($000)
2021: 6,696,000
2020: 6,196,000

2. Methanex Corporation

Revenue by fiscal year ($000)
2021: 5,533,650 c
2020: 3,554,925 c

3. Premium Brands Holdings Corp.

Revenue by fiscal year ($000)
2021: 4,931,700
2020: 4,068,900

4. Ledcor Group of Companies

Revenue by fiscal year ($000)
2021: 3,700,000
2020: 3,200,000

5. Futura Corp.

Revenue by fiscal year ($000)
2021: 2,800,000
2020: 1,875,000

6. Doman Building Materials Group

Revenue by fiscal year ($000)
2021: 2,543,674
2020: 1,613,804

7. Hardwoods Distribution 

Revenue by fiscal year ($000)
2021: 2,025,905 c
2020: 1,163,797 c

8. Teekay Corporation

Revenue by fiscal year ($000)
2021: 1,708,641 c
2020: 2,275,945 c

9. South Coast British Columbia Transportation Authority (TransLink)

Revenue by fiscal year ($000)
2021: 1,660,651
2020: 2,144,909

10. GCT Global Container Terminals

Revenue by fiscal year ($000)
2021: 1,602,300
2020: 1,141,480

Science + Technology

1. Telus International (Cda)

Revenue by fiscal year ($000)
2021: 2,750,179 c
2020: 2,122,253 c

2. Paladin Group of Companies

Revenue by fiscal year ($000)
2021: 700,000 e
2020: 680,300

3. Sierra Wireless

Revenue by fiscal year ($000)
2021: 593,167 c
2020: 601,781 c

4. BBTV Holdings

Revenue by fiscal year ($000)
2021: 476,622
2020: 109,685

5. AbCellera Biologics

Revenue by fiscal year ($000)
2021: 470,317 c
2020: 312,777 c

6. Westport Fuel Systems

Revenue by fiscal year ($000)
2021: 391,593 c
2020: 316,509 c

7. Cymax Group Technologies

Revenue by fiscal year ($000)
2021: 375,000 e
2020: 339,324

8. Stemcell Technologies

Revenue by fiscal year ($000)
2021: 325,428
2020: 246,683

9. WELL Health Technologies Corp.

Revenue by fiscal year ($000)
2021: 302,324
2020: 50,240

10. Absolute Software Corp.

Revenue by fiscal year ($000)
2021: 151,403 c
2020: 140,416 c

Natural Resources

1. Teck Resources

Revenue by fiscal year ($000)
2021: 13,481,000
2020: 8,948,000

2. West Fraser Timber Co.

Revenue by fiscal year ($000)
2021: 10,518,000
2020: 4,373,000

3. First Quantum Minerals

Revenue by fiscal year ($000)
2021: 9,040,242 c
2020: 6,974,459 c

4. Canfor Corp.

Revenue by fiscal year ($000)
2021: 7,684,900
2020: 5,454,400

5. Interfor Corp.

Revenue by fiscal year ($000)
2021: 3,289,146
2020: 2,183,609

6. Taiga Building Products

Revenue by fiscal year ($000)
2021: 2,219,674
2020: 1,589,123

7. B2Gold Corp.

Revenue by fiscal year ($000)
2021: 2,208,998 c
2020: 2,399,847 c

8. Pan American Silver

Revenue by fiscal year ($000)
2021: 2,043,205 c
2020: 1,679,690 c

9. Paper Excellence Canada Holdings Corp.

Revenue by fiscal year ($000)
2021: 2,000,000 e
2020: 2,000,000 e

10. Mercer International

Revenue by fiscal year ($000)
2021: 1,803,255 c
2020: 1,423,140 c

Real Estate

1. BC Housing Management Commission

Revenue by fiscal year ($000)
2021: 1,903,818
2020: 1,296,109

2. Polygon Family of Companies

Revenue by fiscal year ($000)
2021: 1,081,000
2020: 1,274,000

3. Northland Properties Corp.

Revenue by fiscal year ($000)
2021: 850,000 e
2020: 850,000 e

4. Aquilini Investment Group

Revenue by fiscal year ($000)
2021: 650,000 e
2020: 600,000 e

5. Imperial Parking Corp.

Revenue by fiscal year ($000)
2021: 600,000 e
2020: 603,675

6. Shato Holdings

Revenue by fiscal year ($000)
2021: 575,000 e
2020: 575,000 e

7. Anthem Properties Group

Revenue by fiscal year ($000)
2021: 450,000 e
2020: 441,000

8. Bosa Properties

Revenue by fiscal year ($000)
2021: 400,000 e
2020: 400,000 e

9. American Hotel Income Properties REIT

Revenue by fiscal year ($000)
2021: 302,478 c
2020: 234,568 c

10. Wall Financial Corp.

Revenue by fiscal year ($000)
2021: 192,275
2020: 478,385

Charities

1. BC Children’s Hospital Foundation

Revenue by fiscal year ($000)
2021: 39,480
2020: 32,511

2. University of British Columbia

Revenue by fiscal year ($000)
2021: 36,990
2020: 34,744

3. Vancouver Foundation

Revenue by fiscal year ($000)
2021: 30,000 e
2020: 33,033

4. BC Cancer Foundation

Revenue by fiscal year ($000)
2021: 29,060
2020: 36,668

5. VGH & UBC Hospital Foundation

Revenue by fiscal year ($000)
2021: 25,223
2020: 29,410

6. Union Gospel Mission

Revenue by fiscal year ($000)
2021: 23,570
2020: 21,849

7. Power to Change Ministries

Revenue by fiscal year ($000)
2021: 19,846
2020: 21,070

8. Covenant House Vancouver

Revenue by fiscal year ($000)
2021: 17,732
2020: 17,165

9. St. Paul’s Hospital Foundation of Vancouver

Revenue by fiscal year ($000)
2021: 17,137
2020: 16,998

10. University of Victoria

Revenue by fiscal year ($000)
2021: 14,977
2020: 13,982

Retail

1. Lululemon Athletica

Revenue by fiscal year ($000)
2021: 7,842,669 c
2020: 5,338,226 c

2. Georgia Main Food Group

Revenue by fiscal year ($000)
2021: 5,700,000 e
2020: 6,000,000 e

3. BC Liquor Distribution Branch

Revenue by fiscal year ($000)
2021: 4,134,700
2020: 3,841,426

4. Best Buy Canada

Revenue by fiscal year ($000)
2021: 3,600,000
2020: 3,125,000

5. London Drugs

Revenue by fiscal year ($000)
2021: 2,950,000 e
2020: 2,900,000 e

6. OpenRoad Auto Group

Revenue by fiscal year ($000)
2021: 1,817,305
2020: 1,272,399

7. Ritchie Bros. Auctioneers

Revenue by fiscal year ($000)
2021:1,776,173 c
2020: 1,847,594 c

8. Kal Tire

Revenue by fiscal year ($000)
2021: 1,600,000
2020: 1,400,000

9. The Oppenheimer Group

Revenue by fiscal year ($000)
2021: 1,108,318
2020: 1,164,496

10. 7-Eleven Canada

Revenue by fiscal year ($000)
2021: 1,050,000 e
2020: 1,150,000 e

e=estimate
c=converted from USD at 1.2535 (2021) and 1.3415 (2020)

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.