SiriusXM Canada marks 16 years as one of Canada's Best Managed Companies

TORONTO, May 7, 2025 /CNW/ - SiriusXM Canada, the country's leading audio entertainment company, has been honored for the 16th consecutive year with the prestigious 2025 Canada's Best Managed Companies award.  The company is also a 2025 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for seven consecutive years or more.

Best Managed Companies (CNW Group/Sirius XM Canada Inc.)

Celebrating over 30 years, Canada's Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.

"Earning a place among Canada's Best Managed Companies for the 16th consecutive year is a tremendous honour and a testament to the passion, resilience, and commitment of our entire team," said Mark Redmond, President and CEO, SiriusXM Canada. "This achievement reflects our ongoing dedication to innovation, excellence, and delivering outstanding value to our customers by bringing them closer to what they love. As we continue to shape the future of audio, I couldn't be prouder of what we've built together — and I'm even more excited for what's ahead."

Canada's Best Managed Companies is one of the country's leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.

Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests The 2025 cohort of Best Managed Companies shares common themes, including fostering a people-centric culture, implementing a strategic company framework, investing in innovation and technological advancement, and maintaining financial resilience and strong corporate governance.

Together, these practices strengthen the Canadian economy by promoting sustainable growth, enhancing competitiveness, and cultivating a thriving business ecosystem.

"Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada's business landscape," said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada's Best Managed Companies program. "Companies such as SiriusXM Canada who attain this high standard of excellence demonstrate consistent adaptability, versatility, and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market and should be proud of their growth."

About Canada's Best Managed Companies Program

Canada's Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada's Best Managed Companies new winner, one of the new winners selected each year; 2) Canada's Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, EDC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

About SiriusXM Canada

Sirius XM Canada Inc., operating as SiriusXM Canada, is the country's leading audio entertainment company. SiriusXM creates and offers ad-free music; premier sports talk and live events; comedy; news; podcasts; and exclusive talk and entertainment. SiriusXM is available in vehicles from every major car company, as well as on smartphones and all connected devices on the SiriusXM app. For more information, visit siriusxm.ca. 

Join SiriusXM Canada on Facebook, on X, on Instagram and on YouTube.

SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. In addition, SiriusXM Music for Business provides ad-free music to a variety of businesses. SiriusXM is also a leading provider of connected vehicles services, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.

SiriusXM Canada has been designated one of Canada's Best Managed Companies 16 years in a row and is currently a Platinum Club Member.

SOURCE Sirius XM Canada Inc.

For more information, please contact: [email protected], www.bestmanagedcompanies.ca; SiriusXM Canada contact: Jennifer Charlebois, Senior Manager, Communications, 416-528-6678, [email protected]