Market

Canem Systems’ target market is western Canadian (British Columbia, Alberta, Saskatchewan and Manitoba) institutional and commercial building construction and maintenance. Drivers of this market include population growth, resource prices, and industry and government capital spending.

More

Independence from Stuart Olson Dominion enables Canem to maximize opportunities to partner with any major general contractor in Canada. Canem entered 2011 working on several high-profile projects with a variety of general contractors, including:

• The Edmonton Remand Centre (SODCL),
• The Edmonton North Clinic (PCL),
• SAIT Polytechnic’s Trades and Technology Centre (PCL), and
• Calgary’s 49-storey Eighth Avenue Place (EllisDon), the first Gold LEED-CS pre-certified high-rise office building in Canada.

Competitive Advantages

Canem is a well-run company with consistently high margins and an excellent reputation in the institutional and commercial construction sectors.

• People — In-house technical expertise allows Canem to access higher-margin design-build projects and growth markets, as well as to deliver high-quality services with greater reliability.
• Bundled Services — One of the few electrical contractors that can provide data communication systems installations alongside more traditional electrical contracting services.
• Production Management Module — Allows Canem to track productivity, reduce labour risk and identify potential cost overruns.
• Stand-alone Prefabrication Facilities — Significantly improve worksite productivity by enabling much of what would otherwise be site work to be completed in a controlled, well-organized setting.
• Size — One of Western Canada’s largest electrical and data communications contracting companies.
• Integrated Technology Systems — Enhance Canem’s operating controls and allow it to consolidate procurement programs on a regional basis.

Innovations

• Centre for Building Performance — A newly constructed, permanent training and testing facility for integrated environmentally friendly building systems.
• Production Management Module — Tracks productivity, reduces labour risk and identifies potential cost overruns.
• Stand-alone prefabrication facility — Significantly improves worksite productivity by constructing modules in a controlled, well-organized off-site setting.

2010 Milestones

• Smart Connected Real Estate Division — Responsible for establishing:
  • A company-wide security system capacity;
  • A national rollout marketing team;
  • A building automation and interconnectivity capability; and
  • An energy management and sustainability practice.
• National Roll-Out Initiative — Focused on gaining construction and maintenance contracts with large clients that have nationwide operations.

2011 Goals

• Safety —
  • Improve reportable incident frequency rating by 16%; and
  • Reduce Workers’ Compensation Board rates by 40%.
• Operations —
  • Expand Smart Connected Real Estate offerings;
  • Roll out new brand;
  • Open Centre for Building Performance;
  • Expand Manitoba operations; and
  • Implement new SAP-based ERP.
• Financial — Exceed revenue, margin and backlog growth targets.
• Human Resources —
  • Formalize succession planning; and
  • Enhance organizational capability.