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dollars, and all references to CAD $ used herein refer to Canadian dollars, unless otherwise stated.
is a corporation organized under the laws of Ontario, Canada.
We generally target markets where we can establish a substantial presence and operate efficiently and profitably through exclusive contracts, vertical integration or asset positioning.
We also target niche markets, like non-hazardous E P waste treatment, recovery and disposal services, with similar characteristics.
We are a leading provider of waste services in most of our markets, and the key components of our operating strategy, which are tailored to the competitive and regulatory factors that affect our markets, are as follows: Target Markets Where We Can Operate Efficiently .
By targeting markets where we can operate efficiently, including secondary and rural markets, we believe that we are able to achieve a substantial presence, reducing our exposure to customer churn and improving our financial returns.
In markets where waste collection services are provided under exclusive arrangements, or where waste disposal is municipally owned or funded or available at multiple sources, we seek to achieve efficiencies through our collection services that aid our growth and profitability.
We believe that the location of disposal sites is often a critical factor to success in the waste services industry.
Given the importance of and costs associated with the transportation of waste to treatment and disposal sites, having disposal capacity proximate to the waste stream may provide a competitive advantage.
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CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 143 9A.
We generally seek to avoid highly competitive, large urban markets and instead target markets where we can attain high market share either through exclusive contracts, vertical integration or asset positioning.
We also target niche markets, like non-hazardous E P waste treatment and disposal services, with similar characteristics.
We are a leading provider of waste services in most of our markets, and the key components of our operating strategy, which are tailored to the competitive and regulatory factors that affect our markets, are as follows: Target Secondary and Rural Markets .
By targeting secondary and rural markets, we believe that we are able to achieve a higher local market share than would be attainable in more competitive urban markets, which we believe reduces our exposure to customer churn and improves financial returns.
In markets where waste collection services are provided under exclusive arrangements, or where waste disposal is municipally owned or funded or available at multiple sources, we believe that controlling the waste stream by providing collection services under exclusive arrangements is often more important to our growth and profitability than owning or operating landfills.
We believe that the location of disposal sites within competitive markets is a critical factor to success in the waste services industry.
Given the importance of and costs associated with the transportation of waste to treatment and disposal sites, having disposal capacity proximate to the waste stream may provide a competitive advantage and serve as a barrier to entry.
In markets where we believe that owning landfills is a strategic advantage to a collection operation because of competitive and regulatory factors, we generally focus on providing integrated services, from collection through disposal of solid waste in landfills that we own or operate.
These exclusive rights and contractual arrangements create a barrier to entry that is usually obtained through the acquisition of a company with such exclusive rights or contractual arrangements or by winning a competitive bid.