Canada’s Most Admired Corporate Cultures™ Hall of Fame Spotlight

Ledcor Group of Companies

Winner: 2011, 2014, 2017, 2021 Enterprise Category

The Ledcor Group of Companies is one of North America’s most diversified construction companies, serving the civil and infrastructure, oil and gas, pipeline, building, mining, power, and telecommunications sectors. Ledcor also owns operations in property investment, aviation, and marine transportation services. Ledcor is a privately held, employee-owned company with over 1,350 employee shareholders. Ledcor employs 8,000 people across 20 office locations. Since 1947 the company has been growing with its clients and partners: Forward. Together. 

Empowering employees with their “True Blue” culture

At the heart of Ledcor’s high-performance culture is its “True Blue” values-driven mindset – guiding perspectives that unite employees through common beliefs, work ethics, and drive to get things done while working together, caring for each other, sharing the desire to be part of something exceptional.

Ledcor believes leadership isn’t limited to executives; it is critically important at all levels of the organization. Inspired by values of integrity, accountability, and commitment to quality, the company’s “Leader Expectations” empower all employees to lead.

These expectations form the foundation of Ledcor’s culture and business practices, enabling teams to consistently execute on the organization’s mission: to build Ledcor Lifetime Clients through accountability, innovation, quality, and sustainability.

Building strong community ties

The Ledcor Cares program embodies the belief that helping those in need strengthens the communities where employees live and work. This shared value inspires both leadership and employees to engage in local initiatives, build lasting relationships, and leave a positive impact that endures long after projects are completed.

Over the past 10 years, Ledcor and its employees have invested over $20 million to more than 300 charities across North America. In 2024, charitable initiatives included:

• The annual Employee Giving Campaign, where employees raised over $1.5 million for healthcare and community development charities, which were matched by Ledcor for a total of more than $3 million
• Raising $111,560 to support men’s health through Movember
• Participating in the Enbridge Tour Alberta for Cancer and Tour de Cure British Columbia to raise life-saving funds for cancer research and care
• Participating in walks across Canada to raise $71,611 for Kids Help Phone

Lecor is also committed to cultivating meaningful relationships with Indigenous communities, exemplified by their long-standing partnership with the Haisla Nation. The Ledcor-Haisla Limited partnership (LHLP) is dedicated to creating employment opportunities and supporting community development initiatives throughout the Kitimat region.

Committed to safety, satisfaction, and value

Ledcor measures the impact of their high-performance culture through client and employee satisfaction, shareholder value, and safety performance. A few examples of that impact include:

• Outperforming global benchmarks in employee engagement, performance enablement, and peer relationships for their 2024 employee engagement survey
• Recently co-founding the new Canadian Construction Safety Council (CCSC), reinforcing their commitment and dedication to driving positive change in the construction industry’s safety standards across Canada
• Supporting five Employee Resource Groups (ERGs) that foster trusted, safe spaces for underrepresented groups and allies: Black, Indigenous, and People of Colour (BIPOC); People with Disabilities; Sexuality and Gender Alliance (SAGA); Womens; and Veterans.
• Driving superior shareholder returns over the past several decades

Today, Ledcor continues to earn recognition as a top employer in Canada and North America. They now serve on Canada’s Most Admired™ Corporate Cultures Board of Governors, helping recognize the country’s leading organizations that leverage high-performance culture to drive real business impact.

The Canada’s Most Admired Corporate Cultures™ Hall of Fame designation is awarded to organizations who have won the Canada’s Most Admired Corporate Cultures™ award four times. Canada’s Most Admired™ is a national program presented by Waterstone Human Capital to recognize best-in-class Canadian organizations for having cultures that have helped them enhance performance and sustain a competitive advantage.

Learn more about the Canada’s Most Admired™ program and how Waterstone can help your organization build a high-performing culture through our executive search and leadership and culture advisory services.