Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
BluMetric Environmental Inc. is a Canadian environmental consulting and engineering company providing integrated services focused on environmental assessment, remediation, water and wastewater treatment, and environmental compliance. The company operates within the environmental services and infrastructure support industries, serving government, industrial, commercial, and infrastructure clients. Its primary revenue drivers are professional consulting services and the design, installation, and support of water and wastewater treatment systems.
BluMetric is positioned as a multidisciplinary environmental solutions provider with the ability to deliver both advisory services and engineered treatment solutions, which differentiates it from firms focused solely on consulting. The company was founded in 1994 and has evolved through organic growth and targeted acquisitions into a national platform with recurring revenue streams tied to long-term government and industrial contracts.
Business Operations
BluMetric conducts its operations through two primary business segments: Environmental Consulting and Engineering Services and Water and Wastewater Treatment Solutions. The consulting segment provides environmental site assessments, remediation, risk assessment, regulatory compliance, and environmental monitoring services. The treatment segment focuses on the design, manufacturing, installation, and servicing of water and wastewater treatment systems, including mobile and fixed treatment units.
Operations are primarily based in Canada, with services delivered to federal, provincial, and municipal governments, as well as industrial and commercial clients. BluMetric controls proprietary treatment system designs and operates through several wholly owned subsidiaries, including BluMetric Environmental Consulting Inc. and BluMetric Environmental Inc. (Canada), which collectively support its national service delivery model.
Strategic Position & Investments
BluMetric’s strategic direction emphasizes recurring revenue, long-term government contracts, and expansion of its water and wastewater treatment platform. Growth initiatives include expanding treatment system rentals, increasing lifecycle service contracts, and deepening relationships with defense, infrastructure, and utilities clients. The company has also focused on strengthening its balance between project-based consulting work and annuity-like treatment system revenues.
Historically, BluMetric has pursued selective acquisitions to enhance technical capabilities and geographic reach, integrating acquired firms into its consulting platform. The company is actively involved in emerging areas such as environmental risk management, contaminated site remediation, and decentralized water treatment solutions, which align with increasing regulatory and infrastructure investment trends.
Geographic Footprint
BluMetric operates primarily across Canada, with offices and project execution capabilities spanning Ontario, Quebec, Atlantic Canada, Western Canada, and Northern regions. Its headquarters are located in Ottawa, Ontario, positioning the company close to key federal government clients and regulatory bodies.
While the majority of revenue is generated domestically, BluMetric has experience supporting international projects and defense-related contracts where Canadian government clients operate abroad. Its operational influence is strongest in Canada, where it maintains a nationwide presence and long-standing relationships with public sector and industrial clients.
Leadership & Governance
BluMetric is led by a management team with extensive experience in environmental engineering, consulting, and public sector contracting. The leadership emphasizes disciplined growth, technical excellence, and long-term client relationships, particularly within regulated and infrastructure-driven markets.
Key executives include:
- Scott MacFabe – President & Chief Executive Officer
- Neil Eckert – Chief Financial Officer
- David McLaren – Vice President, Water & Wastewater
- Paul Meade – Vice President, Environmental Services
- Paul Guy – Vice President, Operations
The leadership team’s strategic vision centers on building a scalable environmental services platform with stable cash flows, supported by recurring treatment revenues and diversified consulting services.