Olsa Tools Places No. 29th In Globe and Mail’s Canada’s Fastest-Growing Company Rankings

Olsa Tools Places No. 29th In Globe and Mail’s Canada’s Fastest-Growing Company Rankings

Olsa Tools earned its spot with a three-year growth of 1,968%.

When Olsa Tools was started in 2015, the goal was to provide high-quality professional-grade hand tools at a fraction of tool trucks’ prices. Since then, Olsa Tools has accomplished this by offering a lineup of tool organizing solutions, hand tools and tool accessories, which include Socket Adapters, Wrenches, and their best selling Magnetic Socket Organizers, to name a few.  Globe and Mail’s Canada’s Top Growing Companies editorial rankings aim to celebrate Canada’s entrepreneurial achievements by identifying Canadian companies’ success. The program is voluntary, with the applicant’s completing an in-depth application process to qualify. This year 400 companies earned a spot on the ranking.

Olsa Tools_Top Growing Canadian Company


“I am so proud of our team...I had not envisioned [Olsa Tools] getting to that level so quickly...Being able to offer high-quality professional-grade hand tools at a fraction of the price of tool trucks, [enables] our customers [to] do more and do better with their time and money.” says Charles Marois, CEO, Olsa Tools. Olsa Tools offers a wide variety of tools and accessories. Selling through online outlets only, this young company strives to offer the same high quality as its competition but for a fraction of the price while maintaining its promise of exceptional customer service and quality.

“The stories of Canada’s Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic,” saysJames Cowan, Editor of Report on Business magazine.

Olsa Tools has served over 350,000 customers since its start in 2015, and they are looking forward to serving many more!

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About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.1 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

The full list of 2020 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online at tgam.ca/TopGrowing.

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