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Foreign-owned

Is New Balance Canadian?

No

This brand is owned by a foreign parent company.

What we found

Private, family-owned by Davis family. Jim Davis purchased 1972 when near bankruptcy. Owned via WB Family Holdings. Not publicly traded. Founded 1906.

The receipt

VerdictForeign-owned
CategoryApparel & Fashion
HQBoston
Confidencehigh
EvidenceSecondary source only
Sourcehttps://en.wikipedia.org/wiki/New_Balance secondary source — registry check pending
“Wikipedia states New Balance is a privately held American company controlled by the Davis family, with Jim Davis purchasing it in 1972.”
Verdicts are only marked verified once a government registry record or corporate filing confirms them.

Canadian alternatives to New Balance

Every brand below is listed as Canadian-owned in our registry.

BrandCategoryHQ LocationOwnership Check
Viberg BootApparel & FashionVictoria, BCView ownership →
Dayton BootsApparel & FashionVancouver, BCView ownership →
Spotted something wrong? Ownership changes all the time — report a correction and we'll re-check the records.