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Highlights

1. Basic industries involve sectors that obtain or produce essential materials and energy for production and manufacturing.
2. These industries offer opportunities for experienced specialists and entry-level candidates with fewer barriers to entry.
3. Notable basic industry companies include Sollio Agriculture, Parkland Corporation, Barrick Gold Corporation, Domtar, and Stelco.
4. Companies in basic industries typically offer competitive benefits like group insurance, pension plans, employee assistance programs, etc.
5. Salaries in basic industries can be quite competitive, especially in sectors like oil and gas, mining, and chemical manufacturing.

The basic industries offer many benefits, such as good pay and the chance to travel worldwide. Working in these fields can give you many job choices and growth opportunities. Learning about basic industries and their companies can help you plan your career well. So, in this article, we’ll explain basic industries and answer the question, "What companies are in the basic industries field?"

What are The Basic Industries?

The basic industries are sectors that obtain or produce materials and energy that organizations use in production and manufacturing. These industries usually produce commodities like oil or chemicals. Because of this, the term 'basic industries' can include various areas, such as agriculture or mining. Working in the basic industries has many advantages for job seekers.

Basic industries examples include sectors having large, multinational organizations. They offer opportunities for experienced specialists and entry-level candidates due to fewer barriers to entry. Additionally, this type of work can be meaningful.

You might work with natural resources and feel a sense of purpose by helping to protect the environment through innovative energy use and production methods.

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What Companies Are In The Basic Industries Field?

Learning the answer to "What companies are in the basic industries field?" can help you understand Canada's economy and the various opportunities for career growth in this sector. Here is a list of 9 basic industries field companies:

1.  Sollio Agriculture

Size: More than 10,000 employees

Industry: Agriculture

Description: Sollio Agriculture is a Canadian company offering agricultural solutions to farmers for nearly 100 years. They provide products and services like seed production, crop protection, and precision agriculture. They lead in grain marketing, handling over 4 million metric tonnes of grain.

Their crop production sector supplies quality seeds and crop protection products, while the livestock production sector provides efficient products to the beef, pork, and poultry industries. Sollio Agriculture aims to boost Canadian farmers' competitiveness internationally.

Employee Benefits:

• Group insurance
• Employer-sponsored pension plan
• Employee assistance program
• Competitive and personalized remuneration
• Career development opportunities
• Work-family balance with flexible hours
• Employment equity program

2.  Parkland Corporation

Size: Over 6,000 employees

Industry: Energy, Mining, Utilities

Description: Founded in the 1960s, Parkland Corporation is a major independent marketer and distributor of refined petroleum products. They have over 3,200 retail service stations across Canada, the US, and 23 Caribbean countries. Parkland supplies gasoline, diesel, propane, heating oil, lubricants, and other products through wholesale, retail, and commercial channels.

Employee Benefits:

• Performance-based Annual Incentive Plan
• Flexible group benefits plan with health and dental coverage choices
• Employee referral program (earn up to $2,000 for your referral)
• In-house learning and development opportunities
• Discount programs and educational scholarship programs for family members

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3.  Barrick Gold Corporation

Size: More than 10,000 employees

Industry: Mining

Description: Operational since 1983, Barrick Gold Corporation is headquartered in Toronto, Ontario, with mining operations in over 13 countries. They have large reserves of gold, silver, and copper. Barrick focuses on sustainability for its employees, shareholders, and host communities.

Employee Benefits:

• Competitive bonuses, pension benefits, and company-matched share purchase plan
• Experience with a World Class, geologically complex Archean Greenstone gold deposit
• Opportunities for growth and international exposure

4.  Domtar

Size: 5,001 to 10,000 employees

Industry: Pulp and paper

Description: Founded in 1848, Domtar operates in the US, Canada, and Europe, producing a wide range of products like communication papers, specialty and packaging papers, market pulp, and air-laid nonwovens. Domtar is a leader in innovating technologies and fiber-based products.

Employee Benefits:

• Alternative work arrangements like hybrid remote work, flextime, and summer hours
• Employee assistance program
• On-site childcare center
• Employer-paid development and continuing education

5.  Stelco

Size: Over 2,000 employees

Industry: Steel

Description: Founded in 1910, Stelco operates in Ontario and Quebec, producing various carbon steel products. They also offer processing and coating services and aim to create innovative and sustainable steel products.

Employee Benefits:

• Competitive wellness package
• Competitive vacation entitlements
• Productivity payment plan and profit-sharing plan based on company performance
• Employee and family assistance program
• Personal protective equipment, tools, and job training

6. NOVA Chemicals

Size: 1,001 to 5,000 employees

Industry: Chemicals

Description: Since 1954, NOVA Chemicals has produced products like ethylene, polyethylene, crude butadiene, benzene, and toluene. They also manufacture plastic products in food and beverage packaging, health care, construction, and automotive industries. The company focuses on creating innovative and sustainable solutions.

Employee Benefits: Various opportunities for development and growth.

7.  Canadian Fruit & Produce Co. Ltd.

Size: 51 to 200 employees

Industry: Agriculture

Description: Since 1925, this Canadian agriculture company has distributed fresh fruits and vegetables. They produce and market products like watermelons, cantaloupes, bell peppers, jalapenos, zucchini, eggplants, limes, cucumbers, and sweet potatoes. Headquartered in Toronto, they aim to provide the freshest and highest quality produce.

Employee Benefits: Various opportunities for development and growth.

8.  Agnico Eagle Mines Ltd.

Size: 5,000 to 10,000 employees

Industry: Mining

Description: Operating since 1957, Agnico Eagle Mines is a gold producer with operations in Canada, Finland, and Mexico. They prioritize a safe and healthy work environment and aim to create value for shareholders responsibly.

Employee Benefits:

• Roles with increasing responsibilities
• Challenging and rewarding careers with advancement opportunities
• Training and development programs

9.  Imperial Oil

Size: 5,001 to 10,000 employees

Industry: Petroleum

Description: Since 1880, Imperial Oil has been a major producer of crude oil and natural gas. They produce and refine products like gasoline, diesel, jet fuel, and chemicals. Its mission is to develop Canada's energy resources through technology and innovation responsibly.

Employee Benefits:

• Flexible work schedules
• Job-sharing arrangements
• Competitive vacation entitlement
• Diversity and inclusion initiatives
• Continuous learning environment

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Compensation And Benefits In Basic Industries

The compensation packages in many basic industries can be quite competitive, reflecting the essential nature of the work and the need for specialized skills. Here’s an analysis of what one might expect in terms of pay and benefits:

Pay Structure: Salaries in basic industries vary widely depending on the role, experience, and geographical location. For instance, oil and gas industry jobs often command higher pay due to the specialized skills required and the demanding work environment. Similarly, chemical manufacturing or mining positions may offer salaries above the national average to attract and retain talent in these critical sectors.

Health Insurance: Given the physical nature of many jobs in basic industries, employers typically provide comprehensive health insurance plans. These plans often cover a range of medical services, including preventive health programs and access to wellness resources.

Work-Life Balance: While basic industries have traditionally been associated with demanding work schedules, there’s a growing trend toward offering more flexible arrangements. This can include options for shift work, telecommuting for applicable roles, and generous leave policies. Companies recognize that a healthy work-life balance is crucial for employee satisfaction and retention.

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Additional Benefits: Other benefits might include retirement plans, such as 401(k) matching, bonuses, profit-sharing schemes, and educational assistance programs. Some companies offer perks like on-site childcare, fitness centers, or subsidized meals.

Summary

Basic industries are vital sectors that supply essential materials and energy for various production and manufacturing processes. They offer various job opportunities, from entry-level to specialist positions, and provide meaningful work that often contributes to environmental sustainability. Understanding "which companies are in the basic industries field," such as Sollio Agriculture and Barrick Gold Corporation, enlighten us to the fact that they offer competitive compensation packages and comprehensive employee benefits, making them attractive employers.