The Churchill Corporation provides commercial building construction, commercial and industrial electrical contracting, heavy construction and industrial insulation services throughout western Canada through its operating subsidiaries; Stuart Olson Dominion Construction Ltd., Canem Systems Ltd., Laird Electric Inc., Broda Construction, Fuller Austin and Northern Industrial Insulation. The Churchill Corporation defines strategy, directs and assists operational management and provides corporate development, treasury, risk management and other corporate services. An integrated management team guides operations to gain a competitive advantage and achieve business objectives. The Corporation is a leading Canadian contracting company as recognized by leading industry publications such as Commerce and Industry magazine and Onsite magazine.

Our services are provided directly to clients; client's engineers or architects; commercial and industrial general contractors; or engineering-procurement-construction ("EPC") contractors primarily in Western Canada's energy, petrochemical, power, institutional and commercial building markets.

Churchill's vision is to build on our history as a profitable, diversified and sustainable construction and industrial services company. The Corporation is well positioned to benefit from increased business and government spending in our Western Canadian market, specifically:

• Relatively high and stable energy prices will continue to encourage construction spending on industrial facilities in the oil sands, petrochemical, pipelines and utility sectors.
• Relatively high and stable commodity prices for agricultural commodities, potash and uranium mining will support capital expenditures in the these sectors in Western Canada.
• Positive net population migration into Western Canada combined with ageing and insufficient existing infrastructure will continue to drive government and private sector financing to replace and modernize institutional and commercial infrastructure in Western Canada.

The Churchill Corporation has its corporate office in Calgary, Alberta in addition to operating company facilities and offices in locations from Ontario to British Columbia. The corporation is listed on The Toronto Stock Exchange, ticker symbol CUQ, Churchill employs 612 salaried employees and depending on the level of project activity, up to 3,500 field personnel.