Heat oil in a saucepan or skillet over medium heat. Add shallots and sauté about 4 minutes until soft. Add chicken broth, bay leaf, and thyme; bring to a boil. Add wine and simmer until reduced by one-half (to about 1 cup). Strain; return liquid to pan and add beets. Cook 15 to 20 minutes or until beets are tender.
In small bowl combine water and cornstarch. Add cornstarch mixture to beet sauce; stir until slightly thickened. Stir in chives and season with salt and pepper.
Season salmon steaks with salt and pepper. Spray with non-stick cooking spray.
Place salmon steaks in centre of cooking grate. Grill 8 to 10 minutes or until fish is opaque and centre bone can be removed easily, turning once halfway through grilling time.
Remove bones from salmon steaks. Spoon some beet sauce onto individual plates; top each plate with a salmon steak.