The Power 50: Canada’s Most Powerful Business People

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Each year, Canadian Business compiles a list of the executives, entrepreneurs, politicos, and thinkers who are changing the way Canada does business.

This year’s Power 50 – Canada’s Most Powerful Business People– hit the news stands today and you’ll recognize plenty of the elite list.

Last year OMERS Ventures’ John Ruffolo was named Canads’a Most Powerful Business Person but this year he has been bumped to the #3 spot by Alberta Premier Rachel Notley and Mark Wiseman of the Canada Pension Plan Investment Board.

However Ruffolo’s influence doesn’t go unnoticed on this year’s list.

The Co-founder and CEO of OMERS Ventures funded Shopify took the #11 spot. Tobi Lütke proved it’s safe for tech firms to go public again.

And Canada’s next great tech IPO CEO was named #24. Ryan Holmes of Hootsuite (another company bankrolled by Ruffolo) showed Vancouver can compete with Silicon Valley.

Other notables on the list include Justin Trudeau at #4 and BlackBerry co-founders Mike Lazaridis and Jim Balsillie at #5 and #13 respectively.

BlackBerry’s current CEO John Chen was ranked #27 followed by Telus’ Darren Entwistle at #35 and Communitech’s Iain Klugman at #36.

Newly minted billionaire Markus Frind of Plenty of Fish was slotted at #29 followed by Unicorn jockey Stewart Butterfield at #37.

See the complete list online.

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