Fountain Tire makes Canada’s Best Managed Companies list

by | May 10, 2023 | 0 comments

Fountain Tire associates pose at an annual Owners’ Convention.

The winners of the 2023 Canada’s Best Managed Companies awards program were announced recently, shining a spotlight on the nation’s top private companies. Fountain Tire was named to the list once again.

“We’re honoured to be selected again as one of Canada’s Best Managed Companies,” says Fountain Tire CEO, Jason Herle. “Fountain Tire has seen a lot of change since we were first granted the award in 1994, including our leadership, the ways we work and our geographic footprint.

“But one thing has remained steady: our fundamental culture of people and partnerships has always driven the company’s success.”

Established in 1993, Canada’s Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian headquartered companies. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Fountain Tire was selected for the award for its people-first approach, including customer relations, supportive corporate culture and innovative business model, wherein local leaders split ownership of their store 50/50 with the company.

“People have always been at the centre of our business strategy,” adds Herle. “We set out to deliver an exceptional customer experience while fostering the development, inclusivity and success of our associates and store owners.” 

Corporate enhancements that contributed to this year’s win include: investment in digital technologies to improve productivity and customer interaction; enhanced supply chain and distribution networks to better serve customers; and, an increased focus on diversity, equity and inclusion in the workplace.

In addition to being named among Canada’s Best Managed Companies each year since the program’s inception, Fountain Tire maintains Platinum Club Member status in recognition of seven or more consecutive years of Best Managed status.

For more information on Fountain Tire, visit    

About Fountain Tire

Established in 1956, Fountain Tire is one of Canada’s premier tire and automotive service networks with 163 locations spanning Central and Western Canada from Vaughan, north of Toronto, to Victoria, British Columbia. The company is also a leading provider of tires and tire-related services to commercial truck fleets and off-road vehicles used in the agriculture, oil and gas, mining, and construction sectors. The majority of Fountain Tire managers own equity in their stores. This partnership-based business model combines community-invested store management with corporate intelligence to provide service that truly puts the customer first. The company’s shared ownership business model has enabled it to be named among Canada’s “Best Managed Companies” every year since 1994.

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, The Globe and Mail, Salesforce and TMX Group. For more information, visit


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