PCL Construction

Employee ownership broadly in Canada has existed for a very long period of time.

You know, in the Canadian context, if you're familiar with Ellis Dawn, the construction company, or PCL, the construction company, both of those companies are 100% owned and every share of those companies are owned by the people that work there.

Not a lot of people know about that.

And so, you know, employee ownership models and worker co-ops and things like that have existed in Canada for decades.

Again, that can be all the company.

That can be a minority interest in the company.

What we call an ESOP or an ESOP, that's the piece where, again, like in the Elston and the PCL construction examples, the employees actually have purchased and actually own the share in their name that they have purchased.

takes a little bit longer to get to a larger ownership stake because, as you might imagine, employees may not have the capital available to buy all of the company up front.

Yeah, they went with Canada.

What are we doing? PCL Construction.

They're a giant.

I don't like this one bit.

In Canada.

In the Canada dudes.

Portland Mayor Keith Wilson says the Trailblazers' ownership has tapped PCL Construction to serve as the contractor for a proposed renovation of the Moda Center.

Headquartered in Edmonton, Alberta, they have extensive experience building and renovating major sports arenas.

Everybody knows the Stollery name.

Doug's an Edmonton lawyer, a community leader, a philanthropist, also a former chancellor at the University of Alberta, former general counsel at PCL Construction, uh, a member of the Order of Canada, Alberta Order of Excellence.

Um, and also someone whose own, whose own legal career has intersected with some of the most consequential human rights cases in Alberta history.

Doug, it's a pleasure to see your face again.

Here we go.

So PCL, who are an American contractor.

Yes.

So what are they? Are they specialist contractors, PCL? I don't know what they do, if I'm honest, but I do know that

they...

I heard that