Prompt Payment Legislation - Electrical Contractors Association of ...

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Quarterly Financial StatisticsQuarterly Financial Statisticsfor Enterprises –ConstructionThird quarter 2010 Fourth quarter 2010 First quarter 2011 Second quarter 2011Selected financial ratiosProfit margin (%) 4.8 5.1 4.2 4.1Return on equity (%) 18.2 18.7 16.1 15.8Debt to equity (ratio) 1.460 1.397 1.428 1.470Return on capital employed (%) 8.3 8.5 7.9 7.9Source: Statistics Canada – Quarterly Financial Statistics for Enterprises – Construction – Table 8-2Do You RecognizeThese CGE MCCModel Numbers?CR7092CCR2000We Do!We Supply CSA ApprovedFACTORY ORIGINAL:• Renewal Parts• Replacement Plug-in Units• Retrofits• Add-on Sections• New MCC InstallationsW.A. Electric Controls Ltd.280 Perry St., Peterborough, ON, K9J 2J4Phone: (705) 742-2688 • Fax: (705) 742-1514Email: waec@waelectric.caWebsite: www.waelectric.caOntario Electrical Contractor30
TeksMedCase Study – Work ReintegrationA worker sustained an injury while he was walking across scaffoldingthat broke, causing him to fall about 5-6 feet and break a few bonesin his foot. The WSIB case manager in this claim contacted theemployer to determine if modified work was available for him. Whenthe employer stated that there was nothing available, the case workeradvised the employer that they could be seen as uncooperative andcould possibly be fined. The employer in turn called TeksMed.TeksMed, in collaboration with Safety First, researched WSIB Policy19-02-02 - Responsibilities of the Workplace Parties in Work Reintegration,which states, “the employer must provide accommodation unless to doso would cause the employer undue hardship.”TeksMed informed the case manager on the details of the company (e.g.number of employees, anticipated projects, etc.) and pointed out thatmodified duties for the injured employee would be a financial strain fora company of this size.The case manager agreed and confirmed that the worker could not beoffered modified duties until he was fit to return to his pre-injury duties.CALLING ALL STUDENT WRITERSWould you like to see your name in print? Are you looking to get your writing published? Here is your opportunity.ECAO is looking for student writers to research and write about topics related to the electrical contracting industry.If you or someone you know may be interested, please contact Lucy Roberts at lroberts@ecao.org.We help youenjoy thereal benefitsof lifeProud SupportersPort Perry Salvage Inc.Buyers of Ferrous & Non-Ferrous Scrap Metal,Cars, Trucks & Heavy Equipment• Plant Dismantling & Building Demolition •You... your plan, your benefits, your needs - we’re the company that putsyou and your employees first by providing the advice, support and benefitservices you need to offer a strong care foundation.Call today and experience the difference.Go to www.skipwith.ca to request a free quote.We pay Top Cash for CopperAll Electrical ScrapHeavy Equipment,Plant Clean OutsTransformers+ MoreBarrie: 866-529-2988 Port Perry: 800-661-9023Benefit & Pension Plans • Life Insurance • Dental Care • Group RRSP’s • Extended Health CareJOHN STEPHENS, JR.132 Reach Industrial Park Yard 905-985-6121Port Perry, Ontario Fax 905-985-6122L9L1B2TollFree1-877-587-4557portperrysalvage@bellnet.ca Cell 289-314-3366Ontario Electrical Contractor31
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