Parkland, AFSC make the cut

Parkland Income Fund continues to claw its way up the corporate rankings of an Alberta business magazine.

Parkland Income Fund continues to claw its way up the corporate rankings of an Alberta business magazine.

The Red Deer-based fuel retailer and wholesaler holds down the number 35 spot on Alberta Venture’s annual list of the province’s top 100 revenue earners. Last year Parkland was 39th and in 2007 it was 53rd.

For 2008, the company’s revenues were $2.3 billion.

Moving the opposite direction was Agriculture Financial Services Corp., a provincial Crown corporation headquartered in Lacombe that offers financial services to farmers. With 2008 revenues of $662 million, AFSC is ranked 76th on this year’s list — down from 56th last year and 60th in 2007.

Parkland and AFSC were the only Central Alberta companies to make the “Venture 100” rankings. But a “Next 100” list compiled by Alberta Venture saw Cervus LP — which relocated its head office from Red Deer to Calgary several years ago — capture 109th place with 2008 revenues of $349 million, and Red Deer’s High Arctic Energy Services Inc. take the 155th spot with $154 million in revenues.

Energy companies dominated the Venture 100, holding all of the top 10 positions. EnCana Corp. led the way with revenues of $32 billion, followed by Imperial Oil Ltd. ($31.2 billion) and Suncor Energy Inc. ($30.1 billion).

Other companies in the top 100 included Nova Chemicals Corp. in 12th place ($7.9 billion), Dow Chemical Canada Inc. in the 25th spot ($3.4 billion), Finning Canada in 27th ($3.2 billion), and United Farmers of Alberta Co-operative Ltd. in 39th ($2.2 billion). Servus Credit Union, created last November with the merger of three credit unions, including Red Deer-based Community Savings, was 81st.

Servus, which had $583 million in revenues, is headquartered in Edmonton.

Last year, Community Savings was 141st on the Next 100 list.

Servus is also on two other Alberta Venture lists this year. It’s ninth among the top 50 private revenue earners, and 48th among the 50 biggest employers, with a payroll of 1,886.

Five educational organizations in Central Alberta made Alberta Venture’s list of the top 50 not-for-profit entities. These were Chinook’s Edge School Division in the number 22 spot ($100 million in revenues), Red Deer Public School District in 23rd place ($90 million), Red Deer College in the 25th ranking ($78 million), Wolf Creek School Division in 27th spot ($73 million) and Wild Rose School Division in 39th place ($54 million).

Alberta Venture’s 2009 rankings appear in the magazine’s September issue, and can also be accessed online at www.albertaventure.com/?p=3881.

Just Posted

Castor man dies in crash

Thursday morning collision on Hwy 12

More than $25k raised for Red Deer firefighter who is recovering in hospital

‘I think the support he’s getting is because of the person he is’

Lacombe backs Blackfalds stormwater plan

Stormwater management plan will open up more land for development in Blackfalds

Two men facing charges in alleged abduction

RCMP issued alert for woman on Wednesday morning who was found safe later that day

WATCH: Two weeks away from Canadian Finals Rodeo in Red Deer

In just two weeks, Ponoka’s Shayna Weir will compete with the best… Continue reading

Hi Mickey, ‘Bye Mickey: 6 Disney parks on 2 coasts in 1 day

ORLANDO, Fla. — Heather and Clark Ensminger breathed sighs of relief when… Continue reading

Court weighs ‘Apprentice’ hopeful’s suit versus Trump

NEW YORK — President Donald Trump’s lawyers hope to persuade an appeals… Continue reading

StarKist admits fixing tuna prices, faces $100 million fine

SAN FRANCISCO — StarKist Co. agreed to plead guilty to a felony… Continue reading

Annual pace of inflation slows to 2.2 per cent in September: Statistics Canada

OTTAWA — The annual pace of inflation slowed more than expected in… Continue reading

Jury finds Calgary couple guilty in 2013 death of toddler son

CALGARY — A jury has convicted a Calgary couple in the death… Continue reading

Study of U.S. hospital figures links pot use with increased risk of stroke

MONTREAL — New research is being presented at a conference in Montreal… Continue reading

Leon Draisaitl has overtime winner as Edmonton Oilers down Boston Bruins 3-2

EDMONTON — Connor McDavid set up Leon Draisaitl for the overtime winner… Continue reading

Edmonton girl guide sells out of cookies in front of cannabis store on first day

EDMONTON — She’s being called one smart cookie. As people lined up… Continue reading

Most Read