Canadian Electrical Wholesaler

April 4 2016

Real gross domestic product rose 0.6% in January, a fourth consecutive monthly increase. Manufacturing, retail trade, and mining, quarrying, and oil and gas extraction were major contributors to growth in January.

The output of goods-producing industries grew 1.2% in January, mainly as a result of increases in manufacturing and mining, quarrying, and oil and gas extraction. Utilities, construction, and the agriculture and forestry sector also rose.

The output of service-producing industries rose 0.4%, a fourth consecutive monthly gain. Notable increases were posted in retail trade, the finance and insurance sector, the public sector (education, health and public administration combined) as well as transportation and warehousing services. In contrast, wholesale trade and the arts, entertainment and recreation sector declined.

Chart 1: Real gross domestic product rises in January

 

 

 

 

 

 

 

 

 

 

 

Manufacturing output expands again

Following a 1.1% gain in December, manufacturing output expanded 1.9% in January.

Chart 2: Manufacturing output expands again in January

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Durable-goods manufacturing rose 2.6% in January, after expanding 1.2% in December and 0.9% in November. Gains were notable in the manufacturing of motor vehicles and parts, fabricated metal products, and non-metallic mineral products in January. In contrast, machinery manufacturing decreased.

After rising 1.0% in December, non-durable goods manufacturing grew 1.1% in January, mainly as a result of gains in food manufacturing. Conversely, the manufacturing of beverage and tobacco products as well as chemicals declined.

Mining, quarrying, and oil and gas extraction rises

Mining, quarrying, and oil and gas extraction rose 0.9% in January, after decreasing 0.1% in December.

Oil and gas extraction grew (+1.4%) for the fourth consecutive month in January, mainly as a result of an increase in non-conventional oil extraction. The conventional oil and gas extraction industry also increased in January.

Following a 6.8% decrease in December, support activities for mining and oil and gas extraction grew 2.3% in January, partly because of an increase in drilling services.

In contrast, mining and quarrying (excluding oil and gas extraction) decreased 1.1% in January after rising 2.1% in December, mainly as a result of a decline in copper, nickel, lead and zinc mining.

Retail trade expands while wholesale trade declines

After contracting 1.7% in December, retail trade expanded 1.5% in January. Increases were notable at motor vehicle and parts dealers, general merchandise stores (which include department stores), and health and personal care stores. In contrast, sales at food and beverage stores declined.

Wholesale trade declined 0.2% in January, after rising for two consecutive months. Wholesalers of building material and supplies, farm products, and miscellaneous products (which include agricultural supplies) recorded a decrease. The wholesaling of machinery, equipment and supplies as well as personal and household goods rose.

Utilities up

Utilities were up 2.7% in January. Electricity generation, transmission and distribution increased 3.0% in January, following a 2.7% decline in December. Natural gas distribution rose 3.0% in January after falling 3.5% in December.

The increases in utilities in January were partly attributable to a return to more seasonal weather during the month. In December, unseasonably warm weather in many parts of the country had resulted in lower demand for electricity and natural gas.

Finance and insurance sector increases

The finance and insurance sector increased 0.6% in January. Insurance services, financial investment services and banking services all advanced.

Construction grows

Construction grew 0.5% in January. Engineering construction, residential building construction and repair construction increased. In contrast, non-residential building construction declined.

After rising for three consecutive months, the output of real estate agents and brokers edged down 0.1% in January.

The public sector increases

The public sector (education, health and public administration combined) increased 0.2% in January. Educational and health care services rose, while public administration was unchanged.

Other industries

Transportation and warehousing services rose 1.4% in January, mainly as result of gains in rail and pipeline transportation.

The arts, entertainment and recreation sector decreased 1.2% in January.

Accommodation and food services increased 0.2% in January.

Source: Statistics Canada

 

       Partnering For The Next Step                                                                     

Siemens CanadaWelcome to the Digital Enterprise Virtual Summit brought to you by Siemens

How quickly can you react to changing conditions and demands in your market? How can you ensure your production will run securely at any time in the future?

Industry’s digital and technological transformation is the answer for meeting today’s and tomorrow’s challenges and market needs.

With the right digitalization and automation solutions, expertise won from practical experience, and a partnership approach that benefits all involved parties.

To explore these possibilities, we’re bringing together top-level speakers, specialists and decision-makers from various industries and experts from Siemens to the Digital Enterprise Virtual Summit under the motto “Partnering for the next step.”   

This virtual summit will be an interactive digital event featuring first-hand experiences and success stories achieved with industrial digitalization and automation solutions, and cutting-edge technologies.

Join us on July 16 and learn from customers and experts how you can respond efficiently, flexibly and safely to the changing market environment.

To cover as many different time zones as possible, we offer two almost identical live sessions – you can also watch them on demand at your convenience:

Sessions runs from :  9:30 am to 2:15 pm ET (3:30 pm to 8:15 pm CEST)


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John JefkinsBy John Jefkins

In 2011, I started working in the electrical arena and quickly noticed that there was a high employee retention rate within the industry. Today, I regularly engage with Electro-Federation Canada members with 20, 30 and even 40 plus year tenures. Other industries I had worked in previously, such as telecommunications, had higher turnover rates.

Our industry faces an increasing need for talent, with new retirements and product/process innovations and modernization driving the need for specialized roles — some not even known yet.

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Digital Twin MarketA recent Markets & Markets report estimates the Digital Twin market will grow from US$3.8 billion in 2019, to US$35.8 billion per year by 2025, at a CAGR of 45.4%. Digital Twin software is already revolutionizing industries such as healthcare, architecture, aerospace, defence, and automotive and transportation.

Furthermore, the global smart infrastructure market, which includes the Digital Twin sector, is expected to thrive at a considerable CAGR between 2020 and 2025 as demand for the smart infrastructure has been a booming year on year, reports Market Research Explore - details. 

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PNNL StudyBy Craig DiLouie

The U.S. Department of Energy has released the results of a study examining authentication vulnerabilities in connected lighting systems (CLS). Particularly as emerging CLS incorporate distributed intelligence, network interfaces and sensors, they can serve as data-collection platforms that enable a wide range of valuable new capabilities as well as greater energy savings in buildings and cities. However, CLS technology is currently at an early stage of development, and its increased connectivity introduces cybersecurity risks that are new to the lighting industry and must be addressed for successful integration with other systems.

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David GordonBy David Gordon

COVID-19 has heightened the benefit of, and interest in, eCommerce for electrical distributors. Our second and third COVID-19 Electrical Market Sentiment Reports have shown that those with an eCommerce offering have seen online sales increases. Further, from conversations with distributors, their site activity increased. The benefit is that these companies had lower sales declines (and some increases), and were able to better serve their customers.

A further benefit is that their remote workforce had access to an online resource, other than manufacturers, for quick, easy, product research.

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The survey, conducted the third week in June, received responses from 164 individuals who equally represented industry stakeholders.

Distributor Performance
Very few distributors reported either flat or positive performance with over 30% reporting declines of over 30% for the quarter.

 

 

 

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Due to the rapid development and generational changes of LED technologies the timing is perfect to launch the EiKO Marketplace as an outlet to sell high quality, value-priced products.

 

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LevitonLeviton Canada is pleased to announce the nomination of Thomas Supinski as Sales Director for Alberta and the Prairies as of June 1st, 2020, as Julie Marineau will be moving to Montreal along with her family. Julie will be promoted to Vice-President, Retail at Leviton Canada’s head office.

Thomas has been residing in Calgary since 2003 and has a deep understanding of the regional market and its specific needs.

 

 

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Anju UddinBy Blake Marchand

Sonepar is excited to introduce Anju Uddin as the new Marketing Manager for their Ontario Region! Anju has more than 15 years of experience as a marketing expert, which includes running an independent agency working with a multitude of businesses in various industries and geographies from around the globe. 

With a passion for reinvention and finding success through a commitment to education and innovation, Anju has utilized her exceptional creativity and business acumen to engineer seamless brand experiences...

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