6-K

SECURITIES AND EXCHANGE COMMISSION 

Washington, DC 20549 

Form 6-K 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Date: May 1, 2008  Commission File Number: 001-32562

STANTEC INC.

(Registrant’s name)

10160 - 112 Street

Edmonton, Alberta

Canada T5K 2L6

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

 Form 20-F  o  Form 40-F  x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

Documents Included as Part of this Report

INDEX

No.	Document
99.1	Stantec announces first quarter results

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Stantec Inc.
Date: May 1, 2008	By:	/s/Don Wilson
		Don Wilson
		Sr. Vice President & CFO

EX-99.1

Exhibit 99.1

   News Release

For Immediate Release

Stantec announces first quarter results

EDMONTON AB (May 1, 2008) TSX:STN;NYSE:SXC

·   In the first quarter of 2008 Stantec’s gross revenue increased 34.9% to C$291.8 million compared to C$216.3 million in the first quarter of 2007. Net revenue increased 32.6% to C$254.9 million from C$192.3 million, and net income increased 9.7% to C$16.9 million compared to C$15.4 million. Diluted earnings per share were up 12.1% to C$0.37 in the first quarter of 2008 from C$0.33 in the first quarter of 2007.

·   Stantec completed four acquisitions in the first quarter. In January, Stantec added The Zande Companies, a civil and environmental engineering firm with approximately 285 employees located principally in Ohio. Also in January, Stantec acquired Rochester Signal, a firm specializing in railway signal systems with approximately 25 people between its two offices in Rochester, New York, and Pittsburgh, Pennsylvania. In February, Secor International, a leading provider of environmental consulting and engineering services to the private sector and one of the largest providers of downstream marketing remedial services to the US energy industry, joined Stantec, adding over 700 employees and 40 offices principally in the United States. In March, Stantec acquired RHL Design Group, a Petaluma, California-based firm with over 170 employees and several offices in the western United States. RHL is a recognized leader in providing full program implementation and comprehensive design services for commercial clients with regional or national multilocation facilities.

·   Complete Financial Statements, Notes to the Financial Statements, and Management’s Discussion and Analysis will be filed on Sedar (www.sedar.com) and Edgar (www.sec.gov) on May 1, 2008, and are available to download from the Investors section on www.stantec.com. You may also contact Stantec for a copy of the documents.

“Our performance in the first quarter of 2008 is continuing validation of the strength of our business model and our ability to execute in a challenging business environment,” says Tony Franceschini, Stantec President & CEO. “Decreased demand for services in our Urban Land practice area was offset by increased demand in our Environment and Industrial practice areas.”

Projects Stantec worked on during the quarter illustrate the growing diversity of the firm’s service capabilities. In Jefferson County, Kentucky, Stantec is serving as the lead geotechnical engineer for the development of over 83 bridges and 38 retaining walls for the Louisville-Southern Indiana Ohio River Bridges Project, one of the largest transportation projects currently under way in the United States. In Columbus, Ohio, the firm is working on the detailed design of a renovation and upgrade of the existing support facilities at the Columbus Southerly Wastewater Treatment Plant. The improvements will address vital operations and maintenance needs. In Calgary, Alberta, the Company is the prime consultant on a fast-track project with the University of Calgary for the development of a 12-megawatt cogeneration facility. In addition, Stantec is providing detailed design and environmental assessment services for the rehabilitation of Highway 21 in Huron County, Ontario, for the Ministry of Transportation of Ontario. The project entails engineering surveys, pavement investigations and design, foundation investigations, bridge structure rehabilitations, highway rehabilitation design, highway signing and pavement marking design, and drainage improvements.

“Our employees have been able to successfully lever the increasing size and scope of Stantec,” says Franceschini. “This has occurred while we continue to integrate newly acquired companies and meet the challenges of changing market conditions through effective work sharing across offices.”

Stantec’s Annual Meeting of Shareholders will be held on May 1, 2008, at 11:00 AM MDT (1:00 PM EDT) at the University of Alberta’s Enterprise Square in Edmonton, Alberta, 10230 – Jasper Avenue. The First Quarter Conference Call, being held today at 2:00 PM MDT (4:00 PM EDT), will be broadcast live and archived in the Investors section at www.stantec.com.Financial analysts who wish to participate in the earnings conference call are invited to call 1-866-322-2356 and provide the confirmation code 2735427 to the first available operator.

Stantec provides professional design and consulting services in planning, engineering, architecture, surveying, economics, and project management. We support public and private sector clients in a diverse range of markets in the infrastructure and facilities sector at every stage, from initial concept and financial feasibility to project completion and beyond. Our services are offered through over 9,000 employees operating out of more than 125 locations in North America. Stantec trades on the TSX under the symbol STN and on the NYSE under the symbol SXC. Stantec is One Team providing Infinite Solutions.

Cautionary note regarding forward-looking statements

This press release contains "forward-looking statements." Some of these statements may involve risks and uncertainties and other factors that may be beyond the control of Stantec and cause actual results to be materially different from those contained in such forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in Stantec's filings with the Canadian provincial securities commissions and the United States Securities and Exchange Commission.

Media Contact Jay Averill Media Relations Stantec Tel:  780-917-7441 Investor Contact Simon Stelfox Investor Relations Stantec Tel:  780-917-7288

One Team. Infinite Solutions.

- Income Statement and Balance Sheet attached -

Consolidated Balance Sheets
(Unaudited)
	March 31			December 31
	2008			2007
(In thousands of Canadian dollars)	$			$
ASSETS (note 4)
Current
Cash and cash equivalents		3,671			14,175
Cash held in escrow (note 2)		6,701			-
Accounts receivable, net of allowance for doubtful accounts of
$13,111 in 2008 ($10,508 – 2007)		248,745			206,063
Costs and estimated earnings in excess of billings		94,092			65,064
Income taxes recoverable		8,795			5,019
Prepaid expenses		7,974			6,617
Future income tax assets		13,987			13,308
Other assets (note 3)		15,042			13,002
Total current assets		399,007			323,248
Property and equipment		97,515			88,156
Goodwill		417,119			332,922
Intangible assets		43,037			32,288
Future income tax assets		13,687			12,074
Other assets (note 3)		25,961			24,873
Total assets		996,326			813,561
LIABILITIES AND SHAREHOLDERS' EQUITY
Current
Bank indebtedness		2,415			-
Accounts payable and accrued liabilities		127,742			155,020
Billings in excess of costs and estimated earnings		38,483			34,423
Income taxes payable		-			9,955
Current portion of long-term debt (note 4)		35,410			21,549
Future income tax liabilities		14,459			11,750
Total current liabilities		218,509			232,697
Long-term debt (note 4)		236,614			74,539
Future income tax liabilities		27,639			20,718
Other liabilities (note 5)		44,120			42,909
Total liabilities		526,882			370,863
Shareholders' equity
Share capital		219,240			218,790
Contributed surplus		6,795			6,266
Deferred stock compensation		-			(110	)
Retained earnings		300,795			286,780
Accumulated other comprehensive income (note 10)		(57,386	)		(69,028	)
Total shareholders' equity		469,444			442,698
Total liabilities and shareholders' equity		996,326			813,561
See accompanying notes

STANTEC INC. (UNAUDITED)

F-1

Consolidated Statements of Income
(Unaudited)
	For the quarter ended
	March 31
	2008			2007
(In thousands of Canadian dollars, except shares outstanding and per share amounts)	$			$
INCOME
Gross revenue		291,803			216,311
Less subconsultant and other direct expenses		36,944			23,964
Net revenue		254,859			192,347
Direct payroll costs		114,607			83,007
Gross margin		140,252			109,340
Administrative and marketing expenses (notes 7 and 13)		106,969			81,675
Depreciation of property and equipment		5,367			4,088
Amortization of intangible assets		2,666			939
Net interest (income) expense (note 4)		1,502			(107	)
Share of (income) loss from associated companies		106			(69	)
Foreign exchange gains		(359	)		(178	)
Other income (note 3)		(230	)		(278	)
Income before income taxes		24,231			23,270
Income taxes
Current		3,999			7,467
Future		3,295			375
Total income taxes		7,294			7,842
Net income for the period		16,937			15,428
Weighted average number of shares outstanding – basic		45,651,391			45,481,764
Weighted average number of shares outstanding – diluted		46,231,241			46,125,051
Shares outstanding, end of the period		45,650,457			45,534,408
Earnings per share (note 7)
Basic		0.37			0.34
Diluted		0.37			0.33
See accompanying notes

STANTEC INC. (UNAUDITED)

F-2