4.21
0.00%
Close of 9 Nov 2026, in CAD
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About Canlan Ice Sports
Its shares trade on Toronto Stock Exchange under the ticker ICE.TO. It has been listed since 1 March 1990. In the fiscal year to 31 December 2025, it reported revenue of C$100.0m and net income of C$3.9m. At that date it held total assets of C$119.8m and shareholders' equity of C$36.0m.
Canlan Ice Sports Corp. engages in the development, lease, acquisition, and operation of recreation facilities in North America. The company is headquartered in Burnaby, British Columbia. The firm's segment is ice rink and recreational facilities, which consists of Ice and field, Food and beverage, Sports store, Sponsorship, Space rental, Tournament operations, Management and consulting fees and Oothers. The company operates primarily in the sports and recreation industry, with a focus on ice, turf and court sports. Within its segment,Its facilities for the adult hockey caters to both men and women operating under the adult safe hockey league (ASHL) brand. The company owns and leases or manages a network of approximately 21 facilities in Canada and the United States with approximately 83 surfaces, including ice rinks and indoor soccer fields. Its Canlan Ice Sports offers a range of branded programs, which include youth 3 on 3, Canlan Classic Tournaments, Hockey Academy, Skating Academy, Canlan Sports Camps and others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants & Leisure
- Listed since
- 1 Mar 1990
- Employees
- 1,000
- Website
- canlanicesports.com ↗
Leadership
Pay as last reported
- Mr. Victor D'SouzaIndependent Chairman of the BoardC$72,800
- Mr. Joey St-AubinPresident, Chief Executive Officer, DirectorC$636,200
- Mr. Ivan WuChief Financial Officer, Recording Secretary, since 2018C$350,600
- Ms. S. Liana GuiryVice President of Sales Marketing and Customer ExperienceC$247,800
- Ms. Rita PriceVice President - People and CultureC$283,800
- Mr. Chad MahabirVice President - Information Technology
- Mr. Frank BarkerDirectorC$29,700
- Mr. Geoffrey BarkerDirectorC$17,300
- Mr. Doug BrownridgeIndependent DirectorC$28,400
- Ms. Connie CarrasIndependent DirectorC$29,600
- Mr. Don CroweIndependent DirectorC$25,300
- Mr. Chris McmullenIndependent DirectorC$35,100
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Canlan Ice Sports Corp has several strengths that contribute to its success and competitive advantage in the market. Firstly, the company operates a diverse portfolio of ice sports facilities, providing a wide range of services such as ice hockey, figure skating, and curling. This allows Canlan to appeal to a large customer base and cater to various sports enthusiasts. Additionally, Canlan Ice Sports has a strong brand presence and reputation in the industry. With decades of experience, the company has built long-lasting relationships with both individual customers and corporate partners, fostering trust and loyalty. Furthermore, Canlan places significant emphasis on customer satisfaction and service excellence. By providing well-maintained facilities, offering quality coaching and instruction, and organizing various leagues and tournaments, the company ensures a positive experience for its customers, resulting in repeat business and positive word-of-mouth referrals. Lastly, Canlan benefits from a strong financial position, which provides stability and enables strategic investments in facility upgrades, technology advancements, and marketing initiatives to drive growth and stay ahead of competitors.
Weaknesses
- Despite its strengths, Canlan Ice Sports Corp also faces certain weaknesses that need to be addressed. One of the key challenges is the seasonality of the ice sports industry. Due to the dependence on cold weather conditions, the company experiences fluctuations in revenue and lower utilization rates during the off-peak season. This poses a risk to financial stability and underscores the need for effective revenue diversification strategies. Another weakness is the potential for high operating costs associated with maintaining and operating ice sports facilities. Costs related to refrigeration, energy consumption, and general upkeep can be significant. Canlan needs to carefully manage these costs to ensure profitability and competitive pricing while maintaining service quality. Additionally, Canlan's geographical concentration of facilities in specific regions may restrict its market reach and limit growth opportunities. Expanding into new markets or diversifying the geographic presence could help mitigate this weakness and unlock new customer segments.
Opportunities
- Canlan Ice Sports Corp can capitalize on several opportunities in the market to enhance its business prospects. One such opportunity lies in the growing popularity of ice sports, particularly among youth. The company can target this demographic by expanding its youth programs, partnering with schools, and offering specialized training and development programs. This would not only attract new customers but also foster long-term loyalty and engagement. Another opportunity is the integration of technology within the ice sports industry. Canlan can leverage advancements in wearable technology, analytics, and online platforms to offer personalized training, performance tracking, and enhanced customer experiences. By embracing tech-enabled solutions, Canlan can differentiate itself from competitors and stay at the forefront of industry trends. Furthermore, the company can explore strategic partnerships or acquisitions to expand its services and diversify revenue streams. This could involve collaborations with sports equipment manufacturers, event organizers, or even expanding into related areas such as indoor recreational activities. Lastly, Canlan can focus on sustainability initiatives to address environmental concerns. Implementing energy-efficient practices, adopting renewable energy sources, and promoting eco-friendly initiatives can attract environmentally conscious customers and align with evolving societal expectations.
Threats
- Canlan Ice Sports Corp faces several threats that could impact its business operations and growth potential. One significant threat is the intense competition in the ice sports industry. The presence of other ice rinks, sports complexes, and recreational facilities in the same regions can result in pricing pressures and a fragmented customer base. Canlan needs to continuously innovate, offer differentiated services, and stay attuned to evolving customer preferences to stay ahead of competitors. Another threat is the potential economic downturns or uncertainties that can affect discretionary spending on leisure activities. During financial downturns, individuals and families may cut back on expenses related to sports activities, impacting Canlan's revenue. The company should have contingency plans in place to navigate such challenging economic conditions. Additionally, changes in government regulations and policies related to sports, health, or environmental standards can pose compliance challenges and operational complexities for Canlan. Staying abreast of any regulatory changes and proactively adapting to abide by updated requirements is crucial for long-term sustainability. Lastly, natural disasters or extreme weather conditions, such as prolonged warm spells, can negatively impact the ice sports industry. Canlan should have contingency plans, alternative revenue streams, or flexible business models in place to mitigate the impact of unpredictable events beyond their control.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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