Builder Losani Homes has once again demonstrated its industry-leading practices and sustained growth by achieving the Platinum Club status in the 2023 Canada’s Best Managed Companies awards. This marks the 17th consecutive year that Losani Homes has been recognized as one of Canada’s Best Managed Companies and the 10th consecutive year of achieving Platinum Club status.
The Canada’s Best Managed Companies program, which celebrates its 30th Anniversary, recognizes excellence in privately-owned Canadian companies. To receive this designation, companies undergo a thorough evaluation of their leadership in areas such as strategy, culture, commitment, capabilities, innovation, governance, and financial performance.
Losani Homes has been guided by the vision and values of its founder, Giovanni Losani, whose motto has always been, “Be honest and give the people what they deserve.” This core principle has been instrumental in the company’s success.
“We are incredibly proud to acknowledge the remarkable achievements of companies like Losani Homes in this rapidly evolving business world,” stated Derrick Dempster, Partner at Deloitte Private and co-leader for Canada’s Best Managed Companies Program. “Their accomplishments underscore the significance of strong leadership and strategic planning in driving sustainable long-term growth.”
Lorrie King, Partner at Deloitte Private and Co-Leader of Canada’s Best Managed Companies Program, emphasized the importance of fostering collaborative workplaces where employees are empowered to contribute meaningfully to their organizations. She highlighted that this year’s Best Managed winners, including Losani Homes, embrace a people-first approach that encourages employee development, diversity, equity, and inclusion initiatives, positioning them to thrive amidst future opportunities and challenges.
Fred Losani, CEO of Losani Homes, expressed his gratitude for the recognition.
“To achieve Platinum status as one of Canada’s Best Managed Companies for the past 10 years and to be honored as Canada’s Best for 17 years reflects our ongoing commitment to excellence and consistency. This award recognizes our unwavering dedication to serving our customers and communities.”
Beyond their achievements in the homebuilding industry, Losani Homes take immense pride in their philanthropic endeavors, supporting communities and organizations in need. Through the Losani family, Losani Homes, and the Losani Family Foundation, they have made significant contributions to Hamilton, Brantford, Paris, Grimsby, the Niagara region, as well as impoverished areas in the global south.
“Losani Homes has a strong sense of social responsibility as we actively engage with our communities through charitable initiatives. Our financial success and dedicated team enable us to make a meaningful difference,” stated Fred Losani, highlighting the company’s moral conscience.
The Canada’s Best Managed Companies Program has been a hallmark of excellence for privately-owned Canadian companies since its inception in 1993. Every year, hundreds of entrepreneurial companies compete for this prestigious designation through a rigorous and independent evaluation of their management practices and skills. The program grants awards at four levels: Canada’s Best Managed Companies new winner, Canada’s Best Managed Companies winner, Gold Standard winner, and Platinum Club member. The program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.
