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Insanity, the saying goes, is doing the same thing over and over but expecting different results. While online sources debate whether or not that quote belongs to Albert Einstein, it doesn’t take a genius to see some truth in it. Marketing efforts to expand the reach of lighting controls might be a case in point.
Wholesale sales grew for the seventh consecutive month in November — up 0.7% to an all-time high of $67.4 billion. Five of seven subsectors reported stronger sales, led by the machinery, equipment and supplies subsector and the building material and supplies subsector.
Insolvencies were down by almost one-third year over year during the early stages of the COVID-19 pandemic and were relatively stable in the third quarter. At the height of this century’s previous economic shocks, insolvencies rose by 10% or more. A new study looks at insolvencies during the largest economic upheaval of our lifetime.
This year has been unlike any other in recent history. We witnessed a dramatic shift in the demand for electrified transportation faster than expected with the stock value of Tesla exceeding every major automotive company combined.
Read more: 5 Electrical Engineering Trends That Will Shape...
See three possible career paths and their average salaries for people currently working as national sales managers. The national average for national sales managers, of those surveyed, is $88,140.
Total investment in building construction declined for a third consecutive month, edging down 0.1% to $15.3 billion in November. Slight decreases in both residential and non-residential construction led to minimal change overall. Gains in Ontario and Nova Scotia were offset in large part by declines in six provinces.
My father asked me to lunch one day and told me he wanted very much to meet with someone in the electrical industry who meant a lot to him, and whose friendship he wanted to share with me. That lunch in 1982 was with Doug Baldwin.
Read more: Doug Baldwin: An Electrical Industry Pioneer and...
I recently had a conversation with a friend who thought they had reached some clarity as to who they are today — filling out a government document, they had to select only one box as to their status. It was a singular question that gave you perfunctory choices but really did not define who you truly are.
Last year was like none other and one that we all hope never to endure again. The impact on our personal and professional lives has been dramatic, simultaneously universal and unique to each of us.
From the onset of the pandemic, businesses quickly pivoted to adapt to shifting markets, changing customer expectations and new employee requirements. Online services were fast-tracked, demand and supply planning became more digitized across the value chain, meetings and training were “Zoomified”...
Nexans Webinar - Key 2021 Electrical Code Changes Impacting Wire and Cable
Join NEXANS for a free webinar with Isaac Müller, Applications Engineer for Nexans as he reviews and discusses the changes to the 2021 Canadian Electrical Code related to wire and cable. This free webinar will take place Wed, Jan 27, 2021 2:00 PM - 3:00 PM EST.
This webinar includes:
- Updated rules to protect cables (12-514,12-516)
- New conditions of use for wire & cable (Table 19)
- An opportunity to ask your questions
Click here to register today.
Study: The Pandemic’s Impact on Corporate Solvency in Q3 2020
The year 2020 was filled with surprises. One of them was business solvency.
Insolvencies were down by almost one-third year over year during the early stages of the COVID-19 pandemic and were relatively stable in the third quarter. At the height of this century’s previous economic shocks, insolvencies rose by 10% or more. A new study looks at insolvencies during the largest economic upheaval of our lifetime.
Doug Baldwin: An Electrical Industry Pioneer and Champion
By John Kerr
My father asked me to lunch one day and told me he wanted very much to meet with someone in the electrical industry who meant a lot to him, and whose friendship he wanted to share with me. This lunch, in 1982, was with Doug Baldwin.
As lunch progressed, I discovered these men shared many bonds after having met years before in Winnipeg. Doug was with Federal Pioneer at that time, my father with Triangle Conduit & Cable. It seems they hit it off and my father’s wry sense of humour was trumped only by Doug’s.
Wholesale Sales Grew 0.7% in November to Its Highest Level Ever
Wholesale sales grew for the seventh consecutive month in November — up 0.7% to an all-time high of $67.4 billion. Five of seven subsectors reported stronger sales, led by the machinery, equipment and supplies subsector and the building material and supplies subsector. Notably, the increase reflects higher domestic sales of Canadian goods, as both imports and exports of key commodities fell in November.
Wholesale trade volumes increased 0.9% in November.
The Year No One Will Forget
By Sean Bernard
Last year was like none other and one that we all hope never to endure again. The impact on our personal and professional lives has been dramatic, simultaneously universal and unique to each of us.
We have all heard about and experienced the heartache of not spending time with and not celebrating milestones with our extended families, not being able to take those planned vacations, and having to deal with the stresses and challenges of virtual learning with our kids.
Changing Scene
Signify Canada has announced David Grinstead, Market Leader, Canada, Signify will retire at the end of the month. "We thank David for his contributions, passion and dedication to the company and industry," said the company via press release.
Martin Stephenson will take on the Market Leader, Canada role in addition to his current position as Head of North American Systems & Services at Signify. He reports to Kevin Poyck, Market Group Leader, Americas.
Greg Stephenson Joins the AD Canada Electrical Divisional Board of Directors
Bartle & Gibson has announced that Greg Stephenson has officially joined the Electrical Supply Division (ESD) of the AD Canada Electrical Divisional Board effective January 4th, 2021.
Greg is the Senior Vice President Electrical at Bartle & Gibson, based in Edmonton, Alberta. He is now entering his 27th year in the Electrical Industry and he originally began his career working for another proud AD Member, McLoughlan Supplies Ltd in St, John’s NL. During his career, Greg has also worked for many key suppliers such as, Eaton, Thomas & Betts and Siemens.
Peers & Profiles
Ariane Cardinal Discusses her Journey to Stelpro, Mentorship, and Finding Success
By Blake Marchand
Ariane Cardinal is Director of Planning, Purchasing, and Distribution with Stelpro. Ariane owns a bachelor’s degree in Engineering, although she said, “I always knew, when I was doing engineering, that I wanted to have a career more oriented towards management.”
After earning her degree, she did an internship with a company in the gas industry based out of Paris, France, which is where she was introduced to supply chain management. Ariane noted she was interested in the problem-solving aspects of supply chain, which meshed well with her engineering background.
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