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Central Alberta companies among most profitable in Canada

Several Central Alberta companies are among the 500 most profitable on a list of the 1,000 largest publicly traded Canadian corporations.Parkland Fuel Corp., High Arctic Energy Services Inc., Gamehost Inc. and Rifco Inc. are all named in The Globe and Mail’s Report on Business list, which appears in the July/August issue of the magazine.

Several Central Alberta companies are among the 500 most profitable on a list of the 1,000 largest publicly traded Canadian corporations.

Parkland Fuel Corp., High Arctic Energy Services Inc., Gamehost Inc. and Rifco Inc. are all named in The Globe and Mail’s Report on Business list, which appears in the July/August issue of the magazine.

Parkland is ranked number 146, based on a 2013 profit of $92.0 million; High Arctic number 271, on a profit of $24.6 million; Gamehost number 292, on its profit of $20.1 million; and Rifco number 426, on a profit of $4.7 million.

The rankings are based on after-tax profits in the most recent fiscal year, excluding extraordinary gains or losses.

Last year, Parkland was ranked 162nd, High Arctic 281st, Gamehost 323rd and Rifco 493rd.

Parkland, High Arctic and Rifco are all based in Red Deer, with Gamehost operating out of headquarters in Red Deer County.