Ideal Supply Company Ltd has been named as one of “Canada’s 50 Best Managed Companies” for 2007. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business. The Best Managed program celebrates its 15th anniversary this year, and winning companies continue to raise the bar for Canadian business success, by showcasing their adaptability and sustainability. Ideal Supply is a distributor of electrical supplies and NAPA Auto Parts. Its primary customers are electrical contractors, installers in the automotive aftermarket and industrial facilities. A privately-owned business, based in Listowel, Ontario since 1926, the company operates 24 branch locations throughout southwestern Ontario. “This award is a great honor for our company, and recognizes the dedication of our people to strong management principles and working as team to look after our Customers,” commented Ideal’s president and CEO, Tim MacDonald. “It takes a company focused on values, a strong business plan, and most of all hard work to succeed in today’s marketplace” said Calvin Younger, senior vice president, CIBC Commercial Banking. Established in 1993, the Canada’s 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth. The award was officially presented at a ceremony in Toronto on February 25.