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Finance committee It has stabilized more. From 2017 to 2018, we were seeing price increases for plates of, I don't know, 54% to 60%, that sort of thing. For angle, channel or flat bar grating, it would be more in that 30% range. From this year, 2018 to 2019, it has kind of stabilized, so I haven't
June 12th, 2019Committee meeting
Chad Bunch
Finance committee They have been lower in some cases, yes.
June 12th, 2019Committee meeting
Chad Bunch
Finance committee I'm strongly in favour of supporting Canadian industry and Canadian business wherever possible. I agree with everyone on that front. On the other fronts, we want to make sure we have price certainty wherever possible. Given the talk of tariffs, it seems to have an upward pressur
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Typically we would go to the distributor and they would source the steel wherever they could find it. Of course, they're probably going to go to Canadian suppliers. They're also going to source it overseas. I think that, anecdotally, quite a bit of it is coming from Korea and tho
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Yes. It's certainly improved since that announcement was made. I think our prices have stabilized this year. Of course, a year ago, that's where they saw quite a significant jump. The other thing is that the availability seems to be back. Back in the fall, we were having a hard t
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Yes. From our perspective, we've made sure that the minute they start talking tariffs.... We go through every contract to make sure that's covered through the contract, so we would just flow that through, whenever possible. That de-risks it at this point. Then that would flow th
June 12th, 2019Committee meeting
Chad Bunch
Finance committee That does help.
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Yes, I'm still here.
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Yes. I guess from our perspective we're a small player in that scheme. Processes like that are unfortunately cost prohibitive. We would have to hire somebody to go through that process. We're kind of a smaller player. To be able to get an exemption, you would have to basically go
June 12th, 2019Committee meeting
Chad Bunch
Finance committee Thank you, Mr. Chair. I appreciate this opportunity and thank the distinguished members for your time. My name is Chad Bunch and I'm a mechanical engineer by trade. I'm also the Vice-President, Operations, of our family-owned and operated business, Bunch Welding Ltd. We are loca
June 12th, 2019Committee meeting
Chad Bunch