Canadian Consulting Engineers produced an article pertaining to the status of small engineering firms in Canada. Ian Steele, President of PBX Engineering Ltd., was able to take part in an interview related to the topic. From the article:
About a decade ago, there was a noticeable increase in the acquisition of small firms by larger ones, says Ian Steele, P.Eng., principal of PBX Engineering, a firm of 23 people with offices in Vancouver, Victoria and Qualicum Beach, B.C. “It seemed as though the small firm model was diminishing in importance, making it difficult to be competitive and sustainable… However, in the last five years, there has been a strong resurgence of small, nimble firms.”
“Their [small firms] appearance often results from dissatisfaction with the larger corporate model, fueled by a strong desire for independence, or simply capitalizing on market opportunity,” Steele explains. “Either way, small firms that offer specialized expertise are a very important part of the consulting ecosystem.”
The full article can be found here.
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