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.

Just Posted

Mental health survey looks at children and youth in Red Deer

Parent and guardians experiences accessing services for children

Respect Day in Red Deer

Sexual Violence Awareness Month in Red Deer

Leasee frustrated with work stoppage order at Paradise Shores

On May 17th, the Municipal Planning Commission (MPC) issued a stop order at the site

Lacombe not happy with proposed Highway 2 rest stop location

Lacombe says rest stop should be further south

Theresa May: A prime minister defined and defeated by Brexit

LONDON — Theresa May became prime minister in 2016 with one overriding… Continue reading

B.C.’s fight to regulate bitumen through pipelines to go to Canada’s top court

BC Appeal Court judges found B.C. cannot restrict bitumen flow along Trans Mountain pipeline

Cast your votes for the Best of Red Deer

Nominations for the Best of Red Deer Readers’ Choice Awards are officially… Continue reading

Scholarship named in honour of young Lacombe crash victim

Scholarship given to committed Grade 12 teen mentors in the community

O Canada: Hockey hotbed now produces tennis players, too

ROME — It’s typically Canadian that Denis Shapovalov, Felix Auger-Aliassime and Bianca… Continue reading

Proctor back chasing running records after cross-Canada speed attempt

CALGARY — Dave Proctors’ attempted speed record across Canada last summer was… Continue reading

Big names headed to New Mexico to film ‘The Comeback Trail’

SANTA FE, N.M. — Oscar winners Robert De Niro, Tommy Lee Jones… Continue reading

Lawyer: Deal close in Weinstein sexual misconduct lawsuits

NEW YORK — A tentative deal has been reached to settle multiple… Continue reading

Seniors: The unheard melodies

The sights and sounds around us enable us to experience our world.… Continue reading

Police find urn with ashes along bank of Red Deer River

RCMP find urn with ashes along bank of Red Deer River Red… Continue reading

Most Read