Meet Canada's Fastest-Growing Companies, 2010

The 2010 PROFIT 100 was released this morning: 200 fast-growth Canadian companies that tore through the recession like it was made out of paper (which in a way, it was).

No. 1 on the list is Toronto-based Varicent Software, a $25-million-a-year developer of sales performance management software. With big clients like Getty Images, Cisco, Starwood Hotels, WMI, Rogers Communications and RiM, it posted five-year growth of 12,473%.

You can read my profile of Varicent and its dynamic founder, Dan Shimmerman, here.

Congrats to all the companies on the P100 list, especially the rest of the Top 10:

* Win-Mar Freight Management Inc.
* Tundra Technical Solutions Inc.
* Healthscreen Solutions Inc.
* Marport Canada Inc.
* CAI (Chaulk Air Inc.)
* Direct Sales Force Inc.
* Plasmart Inc.
* Dependable Mechanical Systems Inc.
* Nightingale Informatix Corp.

Click here to see the full PROFIT 100 list.

Or click here for the “Next 100”, companies that grew between 171% and 600% in five years.

Or read Kim Shiffman's overview story, "Role Models for the recovery," which explains how it all works and what it means.

I’ll share some more highlights of the issue as I work my way through it. In the meantime, raise a glass to the gutsy companies and entrepreneurs that are showing the way in tough times!