Canadian Electrical Wholesaler

 

Oct 31, 2017

EconomyFollowing two consecutive monthly declines, manufacturing sales increased 1.6% to $53.5 billion in August. The gain was mainly attributable to higher sales in the transportation equipment, and petroleum and coal product industries. Sales were up in 8 of the 21 industries, representing 66% of the Canadian manufacturing sector. Once price changes are taken into account, sales volume in the manufacturing sector rose 1.2% in August.

Sales up in 8 provinces

Sales increased in eight provinces in August, led by Ontario and Alberta, while Manitoba and Nova Scotia reported declines.

After two consecutive months of declines, sales in Ontario rose 2.8% in August to $24.9 billion, primarily due to a 10.4% gain in the transportation equipment industry. The petroleum and coal product and machinery industries also reported higher sales.

In Alberta, sales were up 1.2% to $5.8 billion, following two monthly decreases. Increases were recorded in 13 of the 21 industries. The petroleum and coal product (+4.4%) and the fabricated metal product (+6.9%) industries were largely responsible for the gain in this province.

The largest monthly decrease was in Manitoba, where sales fell 1.5% to $1.5 billion in August. This was the second consecutive monthly decline and was largely due to lower sales of non-durable goods.

Inventories are unchanged

Inventories in the manufacturing sector were steady at $73.9 billion in August, with higher inventories in the machinery industry offset by lower inventories in the petroleum and coal product industry.

The inventory-to-sales ratio fell from 1.40 in July to 1.38 in August. The inventory-to-sales ratio measures the time, in months, that would be required to exhaust inventories if sales were to remain at their current level.

Unfilled orders are unchanged

Total unfilled orders for the manufacturing sector were unchanged at $86.2 billion in August. More unfilled orders in the aerospace product and parts, and the electrical equipment, appliance and component industries were offset by fewer unfilled orders in the computer and electronic product and machinery industries.

New orders rose 4.4% to $53.6 billion in August, following three consecutive monthly declines. The gain was mostly attributable to more new orders in the transportation equipment; electronic equipment, appliances and components; and the petroleum and coal product industries.

The transportation equipment and petroleum and coal product industries post the largest gains

Sales in the transportation equipment industry rose 8.2% to $10.4 billion, after falling 13.6% in July. This growth was the result of gains in the motor vehicle (+12.9%) and motor vehicle parts (+5.7%) industries, primarily reflecting higher volumes generated by increased production after the longer-than-usual shutdowns of motor vehicle assembly plants in July. In constant dollars, sales volumes rose 13.3% in the motor vehicle and 5.8% in the motor vehicle parts industries in August.

Sales in the petroleum and coal product industry increased 3.2% to $4.8 billion in August—a second consecutive monthly gain. The increase primarily reflected higher prices for petroleum and coal products. After removing the effect of price changes, sales volumes decreased 1.3% in August.

Sales were also up in the primary metal (+3.1%), machinery (+4.0%), beverage and tobacco product (+4.2%) and wood product (+1.6%) industries.

These gains were widespread and were the result of higher volumes in these industries.

Higher sales in current dollars were partially offset by decreases in the chemical (-3.6%) and computer and electronic product (-6.5%) industries. In constant dollars, sales fell 3.9% in the chemical and 6.5% in the computer and electronic product industries, indicating that a lower volume of goods sold was behind these declines.

Source: Statistics Canada, https://www.statcan.gc.ca/daily-quotidien/171018/dq171018a-eng.htm

       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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Changing Scene

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2020 q2 Pulse of Lighting FindingsChannel Marketing Group’s 2020 Q2 Pulse of Lighting Report projects that the lighting market, through electrical distribution, contracted by 20%.

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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EikoEIKO has announced the the introdutction of EiKO Marketplace, a digital storefront, located in the EiKO Portal. Developed to market and sell promotional specials and excess inventory including generational, overstock, and niche products; the EiKO Marketplace presents an opportunity to offer high-quality lighting at incredible savings.

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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Peers & Profiles

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  Sonepar is excited to introduce Anju Uddin as the new Marketing Manager for their Ontario ...
Electro-Federation Canada’s Young Professional Network (YPN) is a fantastic tool for industry ...
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 ...

 

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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