Canadian Electrical Wholesaler

CEW Nov Wholesale175Wholesale sales rose 3.5% in November to $75.6 billion, the fourth consecutive monthly increase. Sales increased in six of the seven subsectors, representing nearly 99% of total wholesale sales.

 

 

Annual Wholesale Trade - 2020The operating revenue of Canadian wholesalers declined 8.2% in 2020, falling to just below $1.1 trillion. The declines were primarily due to petroleum and petroleum products (-25.7%), as well as the motor vehicle and motor vehicle parts and accessories (-18.0%). Six of the seven remaining subsectors saw revenues increase in 2020.

 

 

Swati Vora-PatelSign up for the Connected Business Readiness Assessments – special introductory rate ends March 1st . As you begin this year with a renewed focus on increasing efficiency and service levels, have you examined what your organization’s potential for change is? 

Lighting Controls AssociationWe live in a world of connected, intelligent devices referred to as the Internet of Things (IoT), and each year new products are brought online to solve modern-day challenges.

Monthly estimates of business openings and closures - September 2021Business openings were stable in September 2021 (-0.1%; -59) after several months of increases in the number of openings. The change in business closures was also relatively small compared with previous months, decreasing by 0.6% (-252) in September following an increase of 21.2% (+7,370) in August.

Michelle BraniganAs 2022 kicks off some things look very much like 2021: COVID-19 is still with us, and many companies continue to face hiring challenges.

Investment in Building Construction - November 2021Investment in building construction advanced 1.2% to $18.0 billion in November with increases in every component except for industrial construction.

Gene BibenWelcome to a new year and let me be one of the first to say, “happy New Year to you.” While some manufacturers, reps and distributors started their joint 2022 planning in Q4, for the majority of us the planning process starts in January.

IES President, VP Sales and VP PurchasingFor longtime AD Electrical – Canada member, Independent Electric Supply, 2021 marked a highly significant and impressive milestone: 100 years in business serving the electrical sector.

Lighting Controls AssociationLighting controls are devices and systems that support visual needs and energy management. Over the past 20 years, the general trend has been toward greater sophistication and abilities. In the last decade, the technology underwent a revolution as extraordinary as the shift from traditional to LED lighting.

Swati Vora-PatelTalent availability continues to be a key concern among business leaders in the electrical industry: in fact, over 60% of EFC members surveyed said they do not have a robust talent pipeline in place. This pipeline is even further constrained as a result of ongoing employment challenges spurred on by the pandemic.

A global phenomenon known as “The Great Resignation” is underway which reflects a wave of workers who are strongly considering leaving their jobs in search for work that is more closely aligned with their interests with employers who provide flexible accommodations and serve a strong purpose. 

Read More


 

 

 

Building Permits - September 2021The total value of building permits rose 4.3% to $10.1 billion in September, led by Ontario (+6.3%). Construction intentions in the residential sector were up 8.2%, while the non-residential sector decreased 3.2%.


On a constant dollar basis (2012=100), building permits increased 3.4% to $6.9 billion.

Ontario drives residential permits up

High-value permits for two new condo buildings valued at over $300 million in the cities of Mississauga and Toronto helped push Ontario's multi-family permits up 40.4% to $1.7 billion in September. 

Read More


 

Gross domestic product by industry - August 2021Real gross domestic product (GDP) rose 0.4% in August, led by increases in accommodation and food services, retail trade and transportation. The continued easing of public health restrictions and further reopening across the country increased demand across many close contact service industries.


Overall, 15 of 20 industrial sectors were up as growth in services-producing industries (+0.6%) more than offset a decline in goods-producing industries (-0.1%).

 

Read More


 

 

Changing Scene

  • Prev
Electrozad  has announced the following executive appointments, effective February 1st, 2022. ...
IMARK Canada announced that ASSA Industrial Supply has joined the organization effective January 1, ...
Atkore Inc. has announced the acquisition of Sasco Tubes & Roll Forming Inc., a Canadian ...
Craig Urie, Sales Manager at Nesco Inc., is pleased to announce that Kyle Scott has earned a ...
Arlington Industries is pleased to announce the appointment of Theovine as their new sales ...
Electro Federation Canada (EFC) is pleased to recognize the 2021 EFC Marketing Award ...
Sean Dunnigan, President of Techspan Industries Inc., is pleased to announce the appointment of ...
BCEA U40 group invites you to their Professional Development virtual series...     ...
Family Enterprise Canada is proud to announce Gerrie Electric Wholesale Limited is the Recipient of ...
AD’s Electrical-Canada Division virtually welcomed members and supplier partners for its five-day ...
 

 

AD GrowthAD’s Electrical-Canada Division virtually welcomed members and supplier partners for its five-day 2021 Virtual North American Meeting on Oct. 25 - 29, 2021 with the goal of facilitating strategic conversations that help the division devise new ways to stay ahead of the competition.

The event facilitated over 1,200 face-to-face meetings with 40 member companies and 62 supplier companies, cultivating relationship, allowing participants to share best practices and enabling open communication.

 

Read More


 

EvolutionExpanding its North American footprint, leading control and automation manufacturer RTI today announced that it has named Evolution Home Entertainment Corp., a wholesale distributor of residential technology products, as the second RTI distribution partner for the Canadian market.


Evolution serves over 500 dealers across Canada, who now have the opportunity to get certified for the full line of RTI smart home control and automation products. With products shipping nationwide from its warehouse in Concord, Ontario, Evolution will also offer training and local dealer support to its dealers installing RTI systems.

Read More


 

 

SignifyThird quarter 20211


• Signify's installed base of connected light points increased from 86 million in Q2 21 to 92 million in Q3 21

• Sales of EUR 1,643 million; Comparable Sales Growth of -4.8%, impacted by global supply chain disruptions

• Order book increased by 90% in Q3 21 vs. Q3 20

• LED-based sales represented 83% of total sales (Q3 20: 82%)

Read More


 

Peers & Profiles

  • Prev
 This past July, Kerith Richards, who has worked for Service Wire Company for the last seven ...
Illumisoft Lighting is an innovative company headquartered in Ottawa that focuses on suspended ...
Electrimat is an independent Quebec-owned company that has specialized for 40 years in the ...
In July, Eaton announced that Vice President, Channel – Electrical Sector, Matt Cleary would be ...
Mission Technical Solutions is a recently established sales agency founded by industry veteran ...
Omid Nadi, Trade Marketing Manager with Ledvance, is a Ryerson University grad coming out of their ...

 

 

Kerith RichardsBy Alyssa Kerslake

This past July, Kerith Richards, who has worked for Service Wire Company for the last seven years, was selected as one of tED Magazine's prestigious "30 under 35" winners. 

"I was so surprised and totally honored. It meant a lot to me that my boss, and my company, thought highly of me to nominate me - and then to be compared and chosen from the other surely incredible nominees was pretty cool, too," said Richards of earning the distinction. "I was running out of time, I'll be 35 at the end of this year, but I feel like I'm just getting started in this industry." 

Read More


 

Copper $US Dollar price per pound

Kerrwil Publications Great Place to Work. Certified December 2019 - December 2020

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2022 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil