Canadian Electrical Wholesaler

March 15 2016 

Real gross domestic product grew 0.2% in December, after rising 0.3% in November. Manufacturing and wholesale trade increased in December, while retail trade, mining, quarrying and oil and gas extraction as well as utilities posted notable declines.

The output of service-producing industries rose 0.3%, mainly as a result of increases in wholesale trade, the finance and insurance sector and the public sector (education, health and public administration combined). The arts, entertainment and recreation sector as well as accommodation and food services also advanced. In contrast, retail trade declined notably.

The output of goods-producing industries increased 0.2% in December. Manufacturing, construction and, to a lesser extent, the agriculture and forestry sector all rose. Mining, quarrying and oil and gas extraction as well as utilities declined.

Looking at the year as a whole, the value added of service industries rose 1.9%.  Finance and insurance (+4.5%) and the public sector (education, health and public administration combined) (+1.2%) were the largest contributors to growth in service-producing industries. The agriculture and forestry sector grew 4.4% while manufacturing edged up 0.1%. Notable declines occurred in mining, quarrying and oil and gas extraction (-3.5%), construction (-3.4%) and utilities (-1.0%). Goods-producing industries also decreased 1.6%, the first annual decline since 2009.

 

Chart 1 Real gross domestic product grows in December

 

 

 

 

 

 

 

 

 

 

 

 

Manufacturing output rises again

Manufacturing output rose 1.1% in December, following a 0.3% increase in November.

Chart 2: Manufacturing output rises in December

 

 

 

 

 

 

 

 

 

 

 

 

After growing 0.6% in November, durable-goods manufacturing expanded 1.0% in December. Notable gains were recorded in wood products, transportation equipment and miscellaneous manufacturing in December. Conversely, the manufacturing of fabricated metal products and, to a lesser extent, machinery declined.

Non-durable goods manufacturing grew 1.1% in December, mainly as a result of gains in petroleum and coal products manufacturing and chemical manufacturing. In contrast, food manufacturing and, to a lesser extent, textile, clothing and leather manufacturing were down.

Wholesale trade expands while retail trade contracts

After rising 1.0% in November, wholesale trade expanded 1.8% in December, as most trade subgroups posted growth. Motor vehicle and parts wholesaling, and building materials and supplies wholesaling were major contributors to the growth in December. In contrast, miscellaneous wholesalers (including wholesalers of agricultural supplies) declined.

Retail trade contracted 1.8% in December on the weakness of almost all trade subgroups, following a 1.5% rise in November. Declines were notable at motor vehicle and parts dealers, clothing and clothing accessories stores, food and beverage stores as well as general merchandise stores in December. Conversely, furniture and home furnishings stores posted gains.

The finance and insurance sector advances

The finance and insurance sector advanced 0.9% in December. Banking, insurance services as well as financial investment services all increased.

Mining, quarrying, and oil and gas extraction falls

Mining, quarrying, and oil and gas extraction fell 0.7% in December, after rising 0.4% in November.

After rising 1.6% in November, oil and gas extraction fell 0.6% in December, as a result of a decline in natural gas extraction. Non-conventional oil extraction and conventional crude petroleum extraction were up in December.

Support activities for mining and oil and gas extraction contracted 7.4% in December, as a result of declines in both rigging and drilling services.

In contrast, mining and quarrying (excluding oil and gas extraction) rose 1.7% in December, mainly as a result of increases in metal ore and coal mining. Potash mining was down in December.

Utilities contract

Utilities contracted 2.6% in December as a result of decreases in both electricity generation, transmission and distribution and natural gas distribution. Unseasonably warm weather in many parts of the country resulted in lower demand for electricity and natural gas in December.

Construction increases

Construction increased 0.6% in December. Engineering construction, residential building construction and repair construction were up. In contrast, non-residential building construction was down.

The output of real estate agents and brokers rose 0.4% in December, a third consecutive monthly gain.

The public sector grows

The public sector (education, health and public administration combined) grew 0.2% in December. Public administration, health care services as well as educational services were up.

Other industries

The arts, entertainment and recreation sector increased 2.1% in December, as a result of gains in spectator sports and related industries. Accommodation and food services were up 0.8% in December.

Chart 3: Main industrial sectors' contribution to the percent change in gross domestic product in December

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fourth quarter of 2015

The value added of service industries rose 0.5% in the fourth quarter, while that of goods-producing industries declined 0.9%.

The public sector (education, health and public administration combined) and wholesale trade were the main contributors to the growth in the fourth quarter. There were also gains in the agriculture and forestry sector, retail trade, transportation and warehousing, as well as the finance and insurance sector. In contrast, mining, quarrying and oil and gas extraction, construction, manufacturing and utilities declined.

Annual 2015

The value added of service industries rose 1.9% in 2015. The value added of goods-producing industries, however, decreased 1.6%, the first annual decline since 2009.

There were notable declines in mining, quarrying and oil and gas extraction (-3.5%), construction (-3.4%) and utilities (-1.0%). The agriculture and forestry sector grew 4.4% while manufacturing edged up 0.1%.

Finance and insurance (+4.5%) and the public sector (education, health and public administration combined) (+1.2%) were the largest contributors to growth in service-producing industries in 2015. There were also notable gains in transportation and warehousing services (+3.1%), retail trade (+2.4%) and wholesale trade (+1.3%).

Source: Statistics Canada, www.statcan.gc.ca/daily-quotidien/160301/dq160301b-eng.htm?HPA.

 

 

 

Carol McGloganBy Carol McGlogan

We are on the cusp of a major tidal wave hitting our industry; the onslaught of 10,000 new employees are set to replace the current base who are over 55 years of age and are on the horizon of retirement. This talent refresh brings on many opportunities for progress to address evolving customer needs, new product solutions and supply chain digitization. New skills and new ways of thinking will propel us forward. However, the challenge this talent pool will have is to understand the industry that they have settled in. This challenge is further magnified as the time required to absorb industry knowledge is compressed due to the accelerated exit of industry knowledge.

Read More

 

Swati Vora-PatelBy Swati Vora-Patel

The Electrical industry is facing a runway of crossroads — and digital innovation intersects each one of the crossroads. Digital advancements in technology are transforming everything from product development and manufacturing to supply chain management and customer purchasing behaviours. While all of these changes have digitization at the core, there’s another factor that our industry needs to bring front and centre: People.

 

 

 

Read More

Value of Building Permits - DecemberThe total value of building permits issued by Canadian municipalities increased 7.4% to $8.7 billion in December. Increases were reported in five provinces, led by Ontario (+10.5% to $3.4 billion) and Quebec (+15.8% to $2.2 billion). For 2019 overall, municipalities issued $102.4 billion worth of permits, up 2.6% compared with 2018.

Value of residential permits up

The total value of permits for multi-family dwellings was up 15.9% to $2.9 billion in December, mostly due to large projects in the census metropolitan areas (CMAs) of Montreal and Vancouver.

Read More

 

Changing Scene

  • Prev
Electricity Human Resources Canada (EHRC) celebrated innovation and leadership in human resources ...
On January 31,2020, the new IDEA Connector will go live to over 6500 distributor locations with ...
Arlington Industries has announced the recipients of their rep sales awards for 2019.   ...
EDGE Global Supply, through its subsidiary Technology BSA, completed the acquisition of RK ...
AD is reporting total 2019 member sales across its 12 divisions were $46.3 billion, an increase of ...
WESCO International announces its results for the fourth quarter and full year 2019.   ...
After six years as president of AD’s Electrical Business Unit and chief marketing officer, Ed ...
WESCO International, Inc. and Anixter International Inc. have announced that their boards of ...
OmniCable has announced the promotion of Chip Barrett to Vice President of Supply Chain and ...
Tom was an entrepreneur, father, grandfather, partner, brother, uncle, friend and humanitarian who ...

IDEA Connector LaunchOn January 31,2020, the new IDEA Connector will go live to over 6500 distributor locations with updates being fed daily by the IDW. Distributors will gain access to IDEA Connector’s Production Environment on February 14, 2020 to verify their migrated extracts and custom maps before they are fully cutover in a phased approach from the IDW to IDEA Connector beginning March 22, 2020.

The IDEA Team is working to ensure a smooth launch. If you are a distributor customer, you’ll receive communications on your cutover date and what you’ll need to do to prepare.

Read More

 

 

 

 

SouthwireSouthwire has appointed Rahila Dhansi to the position of Manager, Human Resources. In her role, Rahila will be responsible for overseeing Southwire Canada’s HR plans in ways that support our mission and strategy.

Rahila holds a Bachelor’s degree in Employment and Industrial Relations from the University of Toronto and is a Certified Human Resources Leader (CHRL) under the Human Resources Association.

 

 

Read More

 

Graybar TaylorGraybar Canada announced the retirement of Executive Vice President and General Manager, Brian Thomas, effective March 1, 2020. Upon his retirement, Jason Taylor will be appointed Executive Vice President and General Manager, assuming leadership of Graybar Canada.

Thomas started his career with Graybar Canada, and its predecessor Harris & Roome Supply, in 1987. Throughout his 39-year career in the electrical industry, Thomas held a variety of sales and senior management positions before being promoted to Executive Vice President and General Manager in 2016. 

Read More

 

 

Peers & Profiles

  • Prev
Sean Bernard is the Intelligent Controls Manager, Canada for Ideal Industries. Sean resides in ...
Christina Huang is a Senior Contracts Manager for Schneider Electric. She has a varied, technical ...
Jenny Ng is a Business Development Manager for the Power Solutions Division of Schneider Electric. ...
With over 60-years of experience in the lighting industry, CBC Lighting has established itself as a ...

Sean BernardBy Blake Marchand

Sean Bernard is the Intelligent Controls Manager, Canada for Ideal Industries. Sean resides in Whitby with his wife, Melissa and their daughter, Everleigh.

Sean joined Ideal Industries mid-2019 after 13-years in lighting, working for companies like Phillips, Franklin Empire, and Standard Products. Throughout that time, he made his way from inside sales, to outside sales and up into management.

 

 

Read More

 

Looking Back

Has no content to show!

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
©2020 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