Mergers Up North

Jan. 19, 2022 – Mergers and acquisitions are also a hot topic in Canada, according to an article in the Journal of Commerce. The British Columbia Stone, Sand and Gravel Association (BCSSGA) is concerned that small family-owned gravel pits are being replaced by larger out-of-town mega-aggregate operations that result in longer commute times for trucks and cause more harm to the environment due to higher carbon emissions. The industry is consolidating into larger rural operations because smaller sand and gravel pits are treated much the same as major coal or gold mines, even though there’s a major difference, and are often subjected to the same requirements for expensive engineering, geotechnical, archeological, hydrogeological, terrestrial and aquatic-habit assessments, as well as traffic, noise and dust modeling studies.

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