Western Investment Company Reports Modest Growth in Q3 2025

The Western Investment Company of Canada Limited announced its financial results for Q3 2025, showing a rise in net income to $0.6 million from $0.5 million year-over-year. Fortress Insurance, a key player in Western's portfolio, experienced growth in Gross Written Premiums (GWP) to $16.8 million from $15.1 million in 2024. However, their total insurance service result decreased due to increased claims and long-term policies.

Western's equity-accounted investments also contributed to the top-line growth, while GlassMasters Autoglass reported an 8% revenue increase to $13.8 million. Conversely, Foothills Creamery's gross margins declined despite a revenue rise. Golden Health Care saw a substantial EBITDA increase, driven by improved occupancy rates. These strategic expansions indicate steady, albeit moderate, growth for Western amidst market challenges.