Western Equipment Finance trades at a forward P/E of 14.7, slightly undervalued compared to sector median of 16. “We have to invest in drone technology in countering drones,” Frederiksen said at the summit. “I don’t really care about the name as long as it works.” Essex is a leading independent equipment finance service provider in Western & Central Canada , with assets under management post-transaction in excess of $1.5 billion dollars . Essex provides creative and flexible capital to thousands of customers across a range of sectors through a variety of products including operating and capital leases, RPOs, asset-backed lines of credit, and more. In addition, Essex has a fleet of over 400 rental trailers and other rental assets through which it provides direct support to the transportation and construction sectors, and provides further support through partnerships in insurance and mortgage financing . Essex's head office is located in Calgary, Alberta . For more information about Essex , visit the company's website at elfc.ca.