2008 Outlook   |  March 18, 2008  

 

 

Canadian companies have had a very successful year. Despite the losses to the listing through acquisitions (see footnotes) of some major players, firms were able to generate combined revenues of $64.4 billion. With 52 new participants to the listing, companies are prepared to show off just what they can do.

The highly skilled and growing workforce, continued growth for firms across all categories and continuing innovation in all fields have set Canada apart as a proven hub for leading-edge technology, talent and capabilities that continue to garner international recognition. Evidence of this is apparent in the continued merger and acquisition interest in Canadian firms, highlighted by IBM’s recent bid to acquire Ottawa-based Cognos in 2008.

The upcoming year promises to be electrifying as the pieces are already in place for firms to realize not only tremendous growth but increased opportunity, competition and innovation. Major players can expect to realize significant growth, as the fruits of their acquisitions in 2007 bring forth synergies and economies of scale in 2008. The wireless wave will continue into 2008, as new entrants are given increased opportunity to buy competitively priced reserved spectrum, while veteran players surge forward with the development of advanced mobile devices and solutions.

The Branham300 listing, online application process, associated statistics and the creation of this article were combined efforts of the Branham Group team, with important contributions from Patti Saulnier, Sharon Hill, Christian Gravelle, Andrew Bisson, Mark Douglas, Jessica Collins and Wayne Gudbranson.


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