Oakville Newspapers

Oakville Beaver, 22 Aug 2007, p. 9

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www.oakvillebeaver.com The Oakville Beaver, Wednesday August 22, 2007 - 9 Artic Spas cracks exclusive Profit 100 club By David Lea OAKVILLE BEAVER STAFF It's one thing to think you're successful in business, but to be told you are one of the most successful companies in Canada by a magazine that serves as a how-to book for business success, now that's something else. Arctic Spas Oakville Group is basking in such an honour after being named number 52 of Canada's 100 fastest growing companies by the publication Profit: Your Guide to Business Success. "Profit 100 companies are the new heroes of Canadian business, creating jobs at home and products used around the world," said Profit Editor in Chief, Ian Portsmouth. "They've accomplished this by building great employee teams, exploiting export markets and rapidly responding to the customer's fast-changing needs." For Arctic Spas Oakville Group President Trevor Wasney, being named one of the Profit 100 is like having a dream come true. "I think it's great, especially for our employees to have that sort of recognition is really wonderful. It makes everybody feel good about what they've achieved," he said. "It just a great honour. We're in amongst exceptional companies in Canada and it's nice to be associated with that group." Contenders for positions in Profit magazine's 100 had to endure extensive interviews in which every aspect of the appli- DAVID LEA / OAKVILLE BEAVER HONOURED: Celebrating Artic Spas being named one of Canada's 100 fastest growing companies by Profit: Your Guide to Business Success are (l-r) Casey Kingsland, Carl Ayles, Trevor Wasney, Zibby Petch and Heather Costigan at the Arctic Spas Oakville head office. cant's business is scrutinized and dissected in an effort to determine how the business achieved success over the last five years. "They look at your financial statements, you have to show them your full blown financial statements," said Wasney. "You can't hold anything back." In the end, Wasney's six-yearold business was chosen, and it's not particularly hard to see why. "We started in Oakville in 2001 right at the corner of Forth Line and Speers Road and we started very small with the one store, but since then we've grown to a chain of six stores," he said. With its head office located in Oakville, Arctic Spas now has a presence in Kitchener, Hamilton, Barrie, Mississauga and Richmond Hill. "Pretty much a store a year," said Wasney. Arctic Spas' secret to success, know your product. "We've really sort of broken new ground in terms of hot tub retailing. Most hot tub retailers are small mom and pop operations and nobody has really specialized in the industry like we have in terms of that's all we do are basically high end hot tubs and billiards under the Arctic Spa brand," said Wasney. "To be able to focus on core products like that and develop that business under that brand has really led to a lot of success. It's better to be great at one thing than alright at a number of things." Besides specialization Wasney has also gotten a leg up on his competitors by not closing his stores during the winter. "A lot of them are pool builders that sell hot tubs as a side line, they shut down in the winter because no one is building pools," he said. "We service our people 365 days a year." Wasney's success might also have something to do with his company's attitude that the hot tub is the new dinner table or bar. "A lot of people are staying at home, they're entertaining at home, they're kids are at home. It's just a great product for friends and family." While all the Profit 100 companies received a framed certificate commemorating their ranking, Wasney says the added bonus of being present at a ceremony with Canada's greatest business minds at the Granite Club in Toronto was an experience in itself. "Some of the people at the dinner were Canada's leaders of business. I mean the movers and shakers of business. To be sitting at a table next to the CEO of RIM who does over $3 billion in business was quite a treat," he said. Another high point of this experience is that to the best of his knowledge, Artic Spas is the only hot tub retailer to crack the Profit 100 list. However, all this has proven insufficient for Wasney who is planning for an even more stellar future with 10 more stores planned for southern Ontario. "I think we have a pretty good shot of making that list again next year." OAKVILLE - Celebrating 150 years! NOTICE OF APPLICATION FOR APPROVAL OF PLANS OF SUBDIVISION AND CONDOMINIUM AND NOTICE OF STATUTORY PUBLIC MEETING Proposed Plans of Subdivision and Condominium 2353 Lakeshore Road West Lakeshore Village Bronte Inc. Files: 24T-07002/1729 and 24CDM-07006/1729 Members of the public are invited to attend and provide input at this public meeting hosted by Planning and Development Council to be held on: Monday, September 10, 2007 at 7:30 p.m. Oakville Town Hall, 1225 Trafalgar Road, Council Chambers The purpose of the plan of subdivision application is to legally create individual lots for three live work units and four townhouse units. The purpose of the plan of condominium application is to create a condominium common elements road. The site is located on the north-west corner of Lakeshore Road West and Nelson Street. A map of the subject property is attached to this notice for your ease of reference. The proposed development has been the subject of a minor variance and site plan application previously. The minor variance application was approved on June 27, 2005 by the Ontario Municipal Board under file CAV/A218/2004. The Site Plan approval was granted on March 8, 2005 under file S.P.1729.054/01. If a person or public body does not make oral submissions at the public meeting or make written submissions to the Town of Oakville in respect of the proposed plan(s) of subdivision and/or condominium before the approval authority gives or refuses to give approval to the draft plan of subdivision: a) the person or public body is not entitled to appeal the decision of the Town of Oakville, Director of Planning Services, to the Ontario Municipal Board; and b) the person or public body may not be added as a party to the hearing of an appeal before the Ontario Municipal Board unless, in the opinion of the Board, there are reasonable grounds to do so. If you wish to be notified of the decision of the Director of Planning Services in respect of the proposed plan(s) of subdivision and/or condominium you must make a written request to the Director of Planning Services at the Town of Oakville, Planning Services Department, P.O. Box 310, 1225 Trafalgar Road, Oakville, ON L6J 5A6. The public may view planning documents and background material at the Planning Services Department between 8:30 a.m. and 4:30 p.m., Monday through Friday, or on the Town's website at www.oakville.ca as of September 4, 2007. Questions or written submissions may be directed to L. Musson, Senior Planner, Planning Services Department at telephone: (905) 845-6601, extension 3371 or e-mail: lmusson@oakville.ca. The personal information accompanying your submission is being collected under the authority of the Planning Act and may form part of the public record which may be released to the public. Questions about this collection should be directed to the Records and Freedom of Information Officer at (905) 815-6053. Dated at the Town of Oakville this 22nd day of August, 2007.

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