Swansea Quarry - British Columbia

Commercial Systems

Canem Systems is our Commercial Systems segment. Canem designs, builds, maintains and services electrical and data communication systems for commercial, institutional, light-industrial and multi-family residential customers.

Canem Systems

With its head office in Richmond, BC, Canem’s services include:

Canem is an independent business unit. This enables Canem to maximize opportunities to partner with any major general contractor in Canada, including Stuart Olson Dominion.

Financial Parameters

In the first nine months of 2013, Canem provided 18% of Churchill’s consolidated revenues(1), 34% of EBITDA(1)(2) (earnings before interest, taxes, depreciation and amortization) and 9% of total backlog.

Notes:
(1) Excluding intersegment eliminations.
(2) Excluding the Corporate and Other segment.

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Expanding Canem’s Western Canadian Footprint

Commercial Systems Segment

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On April 29, 2011 Churchill announced the acquisition of McCaine Electric Ltd. for $11.5 million in cash and common shares. Founded in 1918, McCaine was a privately held electrical contractor headquartered in Winnipeg, Manitoba. It is one of the leading and most reputable firms of its kind in Manitoba. McCaine operates as a member of the Canem Systems Group and expands Canem’s capabilities into the Manitoba market, enhancing geographic and customer diversification. McCaine has been selected as the electrical contractor for many ongoing institutional, commercial and industrial projects in the Manitoba market, including: the new Investors Group Field football stadium in Winnipeg, Richardson College for the Environment at The University of Winnipeg, St. Boniface General Hospital Cardiac Centre, various Manitoba Hydro projects, the Arts Building at The University of Manitoba, the Winnipeg Airport expansion, and the Milner Ridge Correctional Centre expansion.

© The Churchill Corporation 2014. All rights reserved.Reviewed on Sep 20, 2011