Question

exemplify some canadians companies that have been successful in tapping the huge potential of the echo generation?

Answer 1

ENBRIDGE INC.

Enbridge, a large energy supplier and pipeline operator, is the third-largest Canadian company by market cap, which was US$74.36 billion as of 7 November 2019.

Headquartered in Calgary, Alberta, Enbridge operates through three main businesses: liquids pipelines, natural gas pipelines, and utilities and power. It employs about 13,000 people, most of whom reside in Canada and the U.S.

The company says it transports nearly two-thirds of Canadian crude oil to the U.S and about 20% of the natural gas consumed in the U.S. It also operates North America's third-largest natural gas utility.

DOLLARAMA

Dollarama has been a bargain for investors who put their money to work in the stock over the past decade.
The discount retailer is in a unique business situation because it has to grow its bottom line while sticking to fixed price points. But growth hasn’t been an issue as Canadians’ love affair with dollar stores hasn’t wavered.
At the turn of the decade, Dollarama had 652 locations across the country and had just started experimenting with $2 price tags.
Over subsequent years, the company continued to grow – opening more locations and introducing higher price points for its items. In 2017, the company’s shares spiked after Dollarama announced it was raising its store growth plan by several hundred locations and would begin accepting credit cards as payment, affirming its position as Canada’s dominant dollar store.
But it all came to a halt in 2018 as slowing sales spooked investors. That was followed by a report issued by short-seller Spruce Point Capital Management, which sent the stock tumbling. Since then, the company has made concerted efforts to stay truer to its name and cap future price increases for items, to the delight of customers.
The company is also looking to a new future in Latin America after closing a new stake in Dollar City, which will add international exposure in addition to its current 1,236 Canadian locations.

ENGHOUSE SYSTEMS

Investors have had to pay up in the form of rich valuations for the company but some would argue it’s worth it for a company with such a strong track record.
Enghouse is an expert in consolidating software companies – snapping up multiple firms in any given year and expanding its global and sectoral footprint in the process.
Generally, its business has been organized in two main segments centering around customer service and internal business operations management.
Enghouse CEO and largest shareholder Stephen J. Sadler has more acquisition integration experience than the average chief executive in Canada, especially as he also sits on the board of tech takeover king OpenText.
Tech companies such as Enghouse have also benefited from the mass exodus from resource stocks throughout the middle of the decade amid the commodity price crash – some of that money which found a new home in the tech sector.
The company’s most recent takeover is France-based AI customer engagement software provider Eptica.

ALIMENTATION COUCHE-TARD

Alimentation Couche-Tard Inc. could arguably be named Bay Street’s consolidator king.
Growth-by-acquisition business strategies come with their own unique set of risks, but founder and former CEO Alain Bouchard and his successor Brian Hannasch have proven time and time again to investors that their takeover integration skills are some of the best around.
There have really been too many deals to count over the past decade, but major milestones for the company would include its 2012 agreement to buy Statoil Fuel and Retail for US$2.8-billion, an early 2016 deal to purchase Esso retail locations and another takeover later that year for CST Brands.
Through organic and inorganic growth, the company has grown its convenience store count from nearly 6,000 to more than 16,000 locations through the past 10 years. It now derives 70 per cent of its revenue from the U.S., with the rest split between Canada and Europe.
To further integrate its store network, the company embarked on a major rebranding of its Circle K banner over the last half of the decade.