Canadian Electrical Wholesaler

May 14, 2020

Value of Building PermitsThe total value of building permits issued by Canadian municipalities decreased 13.2% to $7.4 billion in March, with declines reported in seven provinces and two territories. The $1.1 billion national decrease was the largest since August 2014. This reflected notable drops in Ontario (-12.9%), Quebec (-18.1%) and British Columbia (-19.4%), which coincided with efforts to slow the spread of COVID-19.

Value of residential permits down

The total value of residential permits decreased 13.1% to $4.6 billion in March.

The value of permits issued for single-family dwellings fell 15.3% to $2.2 billion, with the largest percentage declines observed in Prince Edward Island (-31.8%) and Quebec (-27.0%). The province of Quebec shut down all non-essential business activities, such as construction, on March 24. Conversely, the only gains posted nationally in March were in New Brunswick (+2.3%) and the Northwest Territories (+3.0%).

The value of permits issued for multi-family dwellings was down 11.1% to $2.5 billion, with the largest declines seen in Ontario (-13.0% to $1.1 billion) and British Columbia (-24.4% to $389 million).

Non-residential permits decrease for third consecutive month

Seven provinces reported declines in the value of commercial permits issued, bringing the national total down 19.7% to $1.6 billion. The largest decline in commercial permits was in Quebec (-36.6%), which recorded its third consecutive monthly decrease. 

The value of institutional permits (-15.7% to $602.2 million) was down in eight provinces, with Quebec (-37.0%) posting the largest decline. 

Industrial permits (+14.9% to $583 million) were the only component to show an increase at the national level in March. This was driven by strong gains in Manitoba (+185.9%), reflecting several large permits issued in the Winnipeg metropolitan area.

First quarter 2020: Largest recorded quarter-over-quarter decrease in Quebec

In the first quarter of 2020, the value of building permits declined 1.0% compared with the fourth quarter of 2019. This was the third consecutive quarter-to-quarter decline, yet the value of permits remained 2.1% higher than in the same period a year earlier.

The first quarter started with gains in the value of permits in January that were mainly attributable to British Columbia, where an increase in development fees in Vancouver likely pulled some permits forward as builders submitted their applications before the January 15 deadline. After returning to more normal levels nationally in February, construction intentions dropped in much of Canada as governments and businesses implemented measures to slow the spread of COVID-19 in mid- to late March. 

First quarter losses were reported in six provinces, with the most notable decrease in Quebec (-$1.1 billion). However, quarterly increases in British Columbia (+$472 million) and Ontario (+$463 million) offset much of the decline in Quebec. Residential permits issued in the first quarter were valued at $15.8 billion, representing a 5.8% increase (+$867 million) compared with the previous quarter, mainly driven by permits issued for multi-family dwellings.

The value of non-residential permits was down 10.7% to $9.4 billion. Declines in institutional (-$703 million), commercial (-$216 million) and industrial (-$206 million) permits all pushed down the national total.

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/200508/dq200508b-eng.htm?CMP=mstatcan

Economy EmploymentAs a result of widespread measures taken to contain the spread of COVID-19, the Canadian economy contracted 11.6% in April, following a 7.5% drop in March. By the end of May, many businesses had begun to adapt to the new reality by shifting to teleworking, reducing hours, laying off staff, applying for government funding or seeking rent relief.

As pandemic-related restrictions were gradually lifted throughout the summer, the business climate began to improve slightly. For example, real gross domestic product grew 1.2% in August, the fourth consecutive monthly increase, which continued to offset the steepest drops in Canadian economic activity on record that were observed in March and April. 

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Swati Vora-PatelBy Swati Vora-Patel

“As a distributor, we need to build capabilities around experiences, data and the technologies that are driving change… It’s important that we listen, experiment and help lead our customers forward.” Chief Marketing Officer, Distributor — from the book Innovate to Dominate: The 12th Edition in the Facing the Forces of Change Series

Mapping your company’s digital transformation begins with an outside-in approach. 

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COVID AirBy Angela Jamieson and Marc Laplante

The importance of clean air has been thrust into the spotlight with the emergence of COVID-19 and the rapidly spreading infections related to it. Examples have emerged around the world showing how aerosols may be playing a role in transmission; the choir practise in Washington State where over 80% of their members were infected (primary or secondary)1 after their final practice before shutting down for COVID restrictions, or the restaurant in Guangzhou, China where COVID-19 was theorized to have spread according to the air movement from an air conditioning system2. 

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Carol McGloganBy Carol McGlogan


When it comes to marketing and customers, some things never change, while some things are always evolving! The parts that never change for marketers are that we need to be where our customers are, when they need us, and with the right information. The parts that are in constant flux are our customers’ buying behaviours and the technologies available to intervene and influence the customer experience.

COVID-19 has forced us all into new habits both personally and in business. For instance, social isolation has caused us to rely more heavily on technology to fill in the gaps. 

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Changing Scene

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Schneider Electric announced today the promotion of Adrian Thomas to country ...
The Zigbee Alliance, an organization of hundreds of companies creating, maintaining, and ...
ETIM North America (NA) is pleased to announce that the National Electrical Manufacturers ...
Strong rebound in Q3 2020;Revenue up +1.3% organic - Full Year 2020 targets upgraded...   ...
Power management company Eaton Corporation plc announced that earnings per share were $1.11 for the ...
 We may not be able to celebrate in person this year, but EFC would like to invite you to ...
Since 1945 the Stamm family has proudly owned Powrmatic of Canada. Despite this 75 yearlong history ...
The Stelpro Group, owner of Stelpro, the NorthThe Stelpro Group, owner of Stelpro, the ...
IMARK Canada is pleased to announce that Concord Electric Supply, Concord, ON is a member of IMARK ...
E.B. Horsman & Son is excited to announce EMPOWER, their Employee Share Ownership Plan ...
 

 

Zigbee AllianceThe Zigbee Alliance, an organization of hundreds of companies creating, maintaining, and delivering open, global standards for the Internet of Things (IoT), announced an important movement within the Project Connected Home over IP initiative, forming a team dedicated to the development and promotion of the standard for commercial markets.

This move is in alignment with the overall vision for the initiative, which is to develop and promote the adoption of a new, royalty-free connectivity standard, simplifying development for manufacturers and increasing compatibility for customers and consumers.

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EatonPower management company Eaton Corporation plc announced that earnings per share were $1.11 for the third quarter of 2020. Excluding charges of $0.05 per share related to acquisitions and divestitures and $0.02 per share related to a multi-year restructuring program, adjusted earnings per share were $1.18.

Sales in the third quarter of 2020 were $4.5 billion. Organic sales were down 9 percent, and the divestitures of the Lighting and Automotive Fluid Conveyance businesses reduced sales by 8 percent, partially offset by 2 percent growth from acquisitions.

 

 

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CEW Stelpro flextherm 400The Stelpro Group, owner of Stelpro, is pleased to announce that it has acquired Flextherm, the electric floor heating industry. Flextherm was founded in 1991 by Philippe Charron, who brought a new vision to the market. Sustained work with the standard-setting bodies made it possible to revolutionize the industry by certifying heating cable installations directly on plywood, making the technology accessible to a greater number of people.

Many other innovations, including a complete range of heating cable products and controls and focus on quality and service helped build a strong brand over the years and raised the company to the enviable status it has today. 

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Adrian Thomas and Annette ClaytonSchneider Electric announced today the promotion of Adrian Thomas to country president, Canada, effective January 1, 2021. Mr. Thomas succeeds Susan Uthayakumar, who held the role of country president for the past three years. Mr. Thomas will report to North American CEO & President, Annette Clayton.

Susan Uthayakumar, has been appointed as the global leader for Schneider Electric's Sustainability Business Division, reporting to Chief Strategy & Sustainability Officer, Olivier Blum. 

 

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EFC 2020 Industry Awards

EFC 2020 Industry AwardsWe may not be able to celebrate in person this year, but EFC would like to invite you to their premier Industry Awards in a new and exciting virtual format. 

This year’s Electro-Federation Canada's 2020 Industry Awards will recognize member recipients through a virtual presentation honouring their strong leadership and commitment to contributing to the health of the industry. EFC's National Advisory Council chairman, Steve Branscombe, Independent Electric Supply, will emcee the Awards on Thursday, December 10th, 2020 at 4:30 pm EST.

 

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Peers & Profiles

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Headquartered in Concord, Ontario, Mercury Lighting services national retail, ...
“Never forget to look at the big picture.” These words of advice are from the father of Jason ...
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 ...
Tim King, Southwire Canada’s new President and first Canadian to assume the role, has taken the ...
Bogdan Botoi is Division Manager for Automation and Control with E.B. Horsman out of British ...
Mission Technical Solutions is a recently established sales agency founded by industry veteran ...

ElectrimatElectrimat is an independent Quebec-owned company that has specialized for 40 years in the distribution of electrical and lighting products. The company is headquartered in Brossard, Quebec and has four branches on the south shore and north shore of Montreal and Montérégie. It serves the industrial, commercial, institutional, residential, and public service sectors.

Christian Grenier and Mathieu Legris have been leading Electrimat for 10 years. Two friends in life who complement each other at work, and whose company regularly finds itself in the business sections of daily newspapers highlighting their exceptional performance. 

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MercuryBy Blake Marchand

Headquartered in Concord, Ontario, Mercury Lighting services national retail, multi-residential/commercial property management, energy service companies (ESCO), and auto dealerships.

“From design to specifications, we offer turn-key services that go beyond the typical distributor model,” explained Mercury Lighting Vice President, Eric Tordjman. Their value-added approach leverages well-established supplier relations to help clients find a lighting solution that suits their needs.

 

 

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Jason PrevostBy Line Goyette

“Never forget to look at the big picture.” These words of advice are from the father of Jason Prevost, his first mentor, who worked as a marketing specialist. Jason has repeated them often over the past two years during what might have been the hardest personal crisis of his life.

At a time when he was forced to reassess his professional future, his wife and the mother of his two teenage children was diagnosed with a virulent cancer.

 

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