It has always been a point of amusement for me that when it comes to companies that do business for -and with- the BC Liberals, I tend to find all the same names, in all the right places. The Ledcor Group is a prime example.
The Ledcor name recently made news again when it was announced that two of their companies – Ledcor Industrial/Mining Group Ltd. and Ledcor CMI Ltd. – had become part of The Fraser Transportation Group that has emerged as the preferred bidder for the South Fraser Perimeter Road.
There was a lot of chatter concerning the appearance of Ledcor in the revised group of preferred bidders – not only because they have been a frequent contributor to the BC Liberal Party, but also because it raised a number of concerns over the status of the project, and ethics of the bidding process itself.
But, was the addition of the two Ledcor companies more than addressing some sudden vacancies in the group ? Further research has led me to believe that the appearance of Ledcor may also have been a strategic one, one that has to do with an attempt at addressing some of the environmental concerns and placating naysayers and protestors. While speculative, I think it bears consideration, for the PR angle on it alone.
In July of 2009, Ledcor issued a joint press release regarding a strategic partnership they had entered with another, rather interesting company : Offsetters Clean Technology. ( I say interesting, because as the debate over global warming slowly seems to fizzle out, this company seems to have positioned itself well between the provincial government and industry, and bears the stamp of approval from Gordon Campbell. )
Here is the press release:
Construction/Building — July 23, 2009Ledcor and Offsetters Establish Strategic Partnership to Offer Carbon Management Services
VANCOUVER, July 23 /CNW/ – The Ledcor Group of Companies (Ledcor) and
Offsetters Clean Technology (Offsetters) announced today the formation of a
strategic partnership designed to enhance their service offerings to existing
and prospective clients.
“In today’s economy, one of the key drivers for business success is
strong environmental performance in areas such as the reduction of greenhouse
(GHG) emissions,” said Scott Lyons, President of Ledcor CMI. “The challenge to
understand the generation and subsequent reduction of GHGs touches every
aspect of Ledcor’s business and the business of our clients,” he said.
“Through this partnership, Offsetters will help position Ledcor as a corporate
leader in sustainability within our industry and allow us to offer our clients
sustainable solutions for their projects,” he concluded.
“We are excited with the prospect of working with Ledcor to help them
achieve their environmental objectives,” said Dr. James Tansey, CEO and
co-founder of Offsetters. “This partnership allows Offsetters to provide
sustainable solutions to many of the problems facing North America’s largest
companies in the industrial and building sectors.”
As part of Ledcor’s sustainability strategy, Offsetters will assist the
construction company in the creation of a centre of excellence to help the
company better understand climate concerns, carbon offsets and identify clean
technologies that can be applied in the construction industry.
In response to the developing North American cap-and-trade and carbon
regime in the market place, Ledcor has purchased a substantial equity stake in
Offsetters to strengthen the strategic partnership. Going forward, Ledcor will
utilize Offsetters expertise to help the company expand into new areas of
business associated with the clean technology sector and green building
Founded in 1947, the Ledcor Group of Companies is a leading, North
American, privately-held, employee-owned collection of construction companies,
specializing in building, civil, industrial and telecommunication projects. In
addition to a diversified portfolio of projects, Ledcor is an award-winning
contractor as well as recipient of numerous safety honours. Ledcor brings an
established history of construction excellence.
Offsetters Clean Technology was co-founded in 2005 by the company’s CEO,
Dr. James Tansey, a respected professor at the University of British Columbia.
Offsetters is Canada’s first and leading integrated carbon management company.
Since 2005, Offsetters has been helping individuals and organizations
understand, reduce, track and offset their greenhouse gas emissions. They use
carbon offset funds to develop and invest in high quality, renewable energy
and energy efficiency projects that would otherwise not take place.
Offsetters is the first supplier of carbon offsets to the Pacific Carbon
Trust, a provincial Crown corporation helping organizations reduce their
carbon emissions through carbon offsets. Offsetters is also the Official
Supplier of Carbon Offsets to the Vancouver 2010 Olympic and Paralympic Winter
Considering that one of the many real environmental concerns of the South Fraser Perimiter Road construction is vehicle emissions and ongoing pollution, the partnership with Offsetters sets up Ledcor to be prime billing as an attempt to make the project ” environmentally friendly” – at least in appearance.
Stay tuned for Part II : ” Jesus turned water into wine? …. That’s nothing compared to what this fellow has done… “
8 thoughts on “All the same names, in all the right places – Part I”
Over $55,000 in contributions. Funny, in the Georgia Straight yesterday I was reading articles for and against HST.. Of the three “For Hst” writers, two had each contributed over $60,000 to the Liberals. It’s like everyone who agrees with them has paid for services rendered. Can’t get much more corrupt than that. This clean energy act is disaster capitalism at it’s finest (or worst!) just come up with a bunch of incomprehensible jargon, back it with a Fraser Institute study, appoint a UBC Alumni on the board and invite a couple of politicians who are fleeing accountability. Presto! You’re rich and green!
You’ve got it Kim! Stay tuned for part II tomorrow… as I take a really close look at the premiers Green Dream.
I consider myself reasonably intelligent.
My eyes glazed over reading this article. My brain went numb.
I ,for the life of me, cannot figure out what carbon offsets are,what carbon tax credits mean.
I feel like I’m reading the same kind of nonsense I did years and years ago when I had to read press releases for penny stock companies.
All hot air, nothing of substance.
Drown people in words that don’t mean anything.
I hope you are are referring to the press release and not my post Chris..lol… but if so, I would say sorry for numbing your brain!!
Hot air it is, and a hell of a lot of it.
Laila, don’t forget that Ledcor was awarded a peach of an untendered $180 Million road improvement project a couple of years ago up in the wilderness. The SYD road has been there for quite some time and is one of the major accesses to the Eastern side of the Horn River Development. You probably knew this already, but outside of the Northeast it wasn’t a widely publicized deal. And strangely enough they are bringing in almost all of their subcontractors from the land of no carbon/HS tax. (Alberta) So the liberals can’t even use the excuse that Ledcor is using local suppliers.
Thanks for stopping by with that tidbit ,cfvua, and I didn’t actually know that. How the heck did they get a contract that went untendered?? I’m going to have to look into that a bit more, and if you can help out with any info on that, email me at firstname.lastname@example.org
Nice- bringing in labour from Alberta, which seems to be something a lot of companies are doing now. Great to leave those local men out of work who need it most, and oddly enough, sometimes have to go to Alberta to get work, seperating families in the process.
FYI, for all intents and purposes cfvua, I was able to locate the original 2003 RFQ and RFP on the SYD road., which appears as if it was one of the earliest P3 projects out there. Also in the running were two other groups including Tercon, which was passed over and one that included SNC Lavelin.
If you have other information that supports what you are saying, I would like to see it!
All the same names, in all the right places – Part I…
Here at World Spinner we are debating the same thing……
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