Canada Drives' Formula for Success: 'Focus on what you know'
After majoring in bass guitar, Cody Green, founder of Canada Drives, took a career detour. Working at a dealership led him to pursue his business venture in auto finance, now Canada's fastest-growing company of 2016. We discuss how he managed to achieve 12,686 per cent in revenue growth over five years and what drove this meteoric success.
Does Your Business Really 'Get' What Your Customers Expect Online?
There is little question that e-commerce is becoming more ingrained in the shopping habits of Canadian consumers. Yet in spite of the fact that 76 per cent of Canadians shop online, Statistics Canada's most recent study on digital technology and Internet use indicates that only 13% of Canadian businesses are selling online. This is due to a few businesses occupying a great portion of the e-commerce landscape.
Vancouver's Tech Boom Brings Together Canadian Investors, East and West
This is the first time the event has been held in Vancouver in NACO’s 16-year history. It shows recognition of the city’s growing role in Canada’s investment success story. In 2015, Vancouver’s entrepreneurs received a record $641M in total capital investment, according to CB Insights. Vancouver’s steady stream of high-profile startups – from Canada Drives, the country’s fastest growing startup in 2015, to Slack, the world’s fastest-growing startup ever – have also captured investor attention.
Entrepreneur of the Year 2016: Fintech
A rookie car salesman with a knack for building websites, Cody Green had an idea. Customers at the Saskatoon Hyundai dealership where he worked were coming in to find the vehicle of their dreams—only to discover that loan payments were higher than they expected, or worse, that they wouldn’t be approved for a loan at all.
Secrets of Canada’s Fastest-Growing Company
The remarkable story of how a technophilic car salesman from Salmon Arm, B.C., created a website, changed the way Canadians buy vehicles and built the No. 1 company on the 2016 PROFIT 500—Canada Drives.
These are the fastest-growing companies in Vancouver
PROFITguide.com, one of Canada’s leading media brands dedicated to entrepreneurial business, has just released its list of the 500 fastest-growing companies in Canada. But we thought we’d shave that down to the top 29 right here in Vancouver.
Profit 500 Showcases Canada's Fastest-Growing Companies
The Profit 500 is out again, showcasing Canada’s hottest companies. The companies on this year’s list grew sales by an average of 686% over the past five years, according to Profit Magazine. Over the same period, Canada’s GDP shrunk by close to 4%.
Vancouver fintech company Canada Drives tops Profit 500 rankings
Vancouver fintech firm Canada Drives is the fastest growing company in Canada, according to the Profit 500 rankings of entrepreneurial achievement. The Profit 500 is the largest annual celebration of Canada’s fastest-growing companies, ranking businesses by their five-year revenue growth.
We Can Transform Vancouver Into A Global Tech Hub
I've noticed a newfound swagger amongst B.C.'s tech professionals recently. The word is out on the economic impact that the industry has on the B.C. economy (generating $23 billion in annual revenues and $15 billion in GDP), and there is palpable and boundless optimism for the future.
Local tech company 'thinking outside the box' to attract young talent
A Vancouver tech company is taking an unusual step to try and attract young talent. They feel they have to think outside the box because too many people are leaving thanks to sky-high housing prices. Canada Drives, which is in one of the Bentall towers in Downtown Vancouver, is teaming up with Google which has captured the offices using its street view technology.Read this story
Tech Companies Amongst Finalists for EY’s Entrepreneur of the Year Award
EY has recognized the most disruptive and innovative companies Canada, divided by regions. EY celebrates those who are building and leading successful businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries. In the Pacific region, finalists include Shoes.com (Consumer Technology category), Canada Drives (Fintech), and Stemcell Technologies (B2B).Read this story
Ernst & Young Announces Regional Finalists for Entrepreneur of the Year Program
Four months after opening nominations for its Entrepreneur of the Year award, which is meant to recognize Canada’s top entrepreneurs, Ernst & Young has released the regional finalists of the awards.Read this story
Canada Drives Uses Google Street View Technology to Help Recruit Talent
Struggling to meet hiring demand during a period of growth, Vancouver tech company Canada Drives is introducing an online virtual office tour powered by Google Street View technology to support an aggressive recruitment campaign. The company admits it is having difficulty attracting and retaining tech professionals, which it blames on the high cost of living in the city.Read this story
Vancouver housing market impacting other sectors
VANCOUVER (NEWS 1130) – Vancouver is attracting the attention of the worldwide tech sector, but there’s concern the housing market could kill the momentum. One entrepreneur is warning it’s extremely difficult to find the employees he needs. We know the price of a house is in the millions now, but just finding somewhere to rent is a difficult feat. Vancouver’s latest rental vacancy rate is about 0.6 per cent.Read this story
Policymakers Are Failing Vancouver's Young Tech Workers
Premier Christy Clark held her annual BC Liberal leader's dinner in downtown Vancouver a few weeks ago, which as usual brought in over $1 million for her party's coffers. Continuing to advance her storyline from the 2013 election, Ms. Clark extolled the virtues of developing BC's liquefied natural gas (LNG) reserves as the path to long-term prosperity for the province.Read this story
How to Find Success with a Millennial Workforce
It's likely that most of us have read an article, or watched a news story, about millennial or Generation Y employees (individuals born between 1980 and 1994) and their struggles in the workplace. They tend to have repetitive story lines that rarely break new ground, and love to classify all young people at the beginning of their careers in the same light.Read this story
Canada Drives' Founder Cody Green featured in Auto Remarketing Canada's The Executive issue
When Cody made the leap into entrepreneurship, he leveraged his knowledge of the auto industry and combined it with his technical web experience to launch a service that caught on like wildfire. Today, Canada Drives facilitates over $1.1 billion in loans per year, and has over 160 employees in their office located in the heart of Vancouver’s financial district.Read this story
The Fintech Five - Powered by Paypal
The Fintech Five powered by PayPal profiles five of the hottest and most promising financial technology companies across Canada each month. The list is curated by Techvibes editorial staff and reflects who is making waves in our nation's fintech ecosystem right now.Read this story
Financial Technology Disrupts Auto Finance, Fuels Record Canadian Sales
The emergence of financial technology in the auto sales industry is one of the largest contributing factors behind Canada’s record breaking pace in vehicle purchases. An all-time annual high was set in 2015 with 1.9 million new vehicles sold, marking the third year in a row that Canada has set such a mark...Read this story
Auto Remarketing’s Top 40 2016
Canada Drives’ Founder and Co-CEO Cody Green has been placed in Auto Remarketing Canada's group of 21 industry stars that include digital marketers, auction managers, dealers, sales professionals and more. Without all these players, the automotive remarketing industry wouldn’t have turned into the massive, successful market it is today.Read this story
Texting your customers is no longer optional
The gap between a mediocre sales person and greatness lies with one’s capability in maintaining contact with prospective buyers. Extending communication and building relationships with these individuals after they walk off the lot are significant determinants in closing a sale...Read this story
Canada Drives Advances Cost Effective Outreach
Display advertising doesn’t have to cost much to be effective. That’s the premise behind Yahoo Gemini, the technology company’s native ads marketplace that enables advertisers to place ads across Yahoo’s content sites and mobile apps so that it streamlines with the content, providing a more seamless user experience...Read this story
Local Tech Company Launches Gen Y Recruitment Campaign To Support Hyper-growth
Vancouver, BC – Generation Y (Gen Y) employees and job applicants are being unfairly labelled by inaccurate characterizations, according to a local technology company that is launching a nation-wide Gen Y recruitment campaign...
Pushing Stereotypes Aside, Tech Company Launches Campaign to Recruit Gen Y Workers
Generation Y employees and job applicants are being unfairly labelled by inaccurate characterizations, suggests a Vancouver technology company that is launching a nation-wide Gen Y recruitment campaign.
Canada Drives, which has increased its staff by over 1,500% since 2014, now has a workforce that is comprised of 85 per cent...
Canada Drives plans to double dealer partners in 2016
Canada Drives — which aims to help Canadians get car loans regardless of previous credit history and match up dealers and consumers — has been growing at a rapid pace since its launch in 2010, and the company has high hopes for 2016. The company plans to double both its dealer partners and employees by the end of next year...Read this story
Business in Vancouver announces its 2015 Forty Under 40 winners
The latest group of Business in Vancouver’s Forty Under 40 winners has been announced. After 25 years, BIV continues to highlight the achievements of B.C.'s young entrepreneurs, executives and professionals by finding 40 outstanding professionals worthy of the Forty under 40 distinction. Winners, born after 1975, have demonstrated excellence in business, judgment...Read this story
Remarketing's 40 Under Forty
Michael Galpin, vice president of client relations for Canada Drives, oversees the daily operations of the company and looks for new opportunities to grow the brand in Canada through strategic partnerships.
Canada Drives, a special finance company, works with local dealerships across Canada...
Facebook Case Study
Canada Drives began using sponsored Page posts and unpublished Page posts to reach its particular audience. By taking advantage of Facebook’s powerful targeting tools such as partner categories, retargeting (through Facebook Exchange), and precise interest targeting, the company was able to generate awareness across Canada and drive thousands of customers to its website...Read this story