Private rapid response fire and rescue unit RESC-U commercial viability

Resource companies in Canada operate in remote locations, often hours away from the closest municipality where emergency services such as police, fire and emergency medical services are located. People and equipment use low grade roadways to travel in and out of these locations and deal with the risks of incidents occurring. When an incident such as a motor vehicle collision does occur, the patient can be trapped in the wreckage for hours with no protection from the elements waiting for rescuers to arrive and provide critical interventions. Similarly, tank truck leaks and wildfires that start small can grow in size and severity without quick response actions from trained responders utilizing the appropriate equipment. We will investigate the frequency and severity of these and other incidents occurring in remote locations where resource companies are expanding into and evaluate whether the risks justify the commercial viability of a new service delivery. By analyzing the costs of these incidents to the resource companies in terms of injuries to humans and wildlife, environmental impact and also company reputation, we will see if there is a need for providing a more rapid response model. If the service is indeed justified, at what price point does it become palatable to the resource companies as they weigh the pros and cons of taking on additional costs. Our research will ask the question of the companies and then see if that pricing model will provide sufficient revenue to cover the costs to provide the service and provide a reasonable return on investment for the service provider. Some of the metrics used for the financial analysis will be payback periods to recoup the capital outlay, internal rates of return on the capital investment, and the net present value of the future revenues that are projected to be generated. At the conclusion of the study we can make an informed decision as to whether this venture is truly a wise investment of time, money, and manpower or if the return on investment is not worth the