Canadian Electrical Wholesaler

Oct 7, 2020

GDP July 2020Real gross domestic product (GDP) grew 3.0% in July, following a 6.5% increase in June. The third consecutive monthly gain continued to offset the steepest drops experienced by Canadian economic activity in March and April, however overall economic activity was still about 6% below February's pre-pandemic level.

All 20 industrial sectors posted increases in July as the agriculture, utilities, finance and insurance as well as real estate rental and leasing sectors surpassed their February pre-pandemic levels, joining retail trade which did so in June.

Given the unprecedented economic situation brought on by the COVID-19 pandemic and the demand for trusted information, Statistics Canada continues to provide an advanced aggregate indicator of the state of the Canadian economy. Preliminary information indicates an approximate 1% increase in real GDP for August. Overall, the economic recovery continued its course but at a more moderate pace than what was observed for the months of May to July. Most sectors continued their growth trajectory in August with the exceptions of retail trade and public administration which pulled back marginally. Owing to its preliminary nature, this estimate will be revised on October 30 with the release of the official GDP data for August.

Manufacturing continues to grow

The manufacturing sector grew 5.9% in July, following a 15.1% expansion in June, as many factories continued ramping up their production according to the Monthly Survey of Manufacturing. Despite the continued gains through July, manufacturing activity remained about 6% below February's pre-pandemic level.

Durable manufacturing grew 5.7%, a third consecutive monthly gain, as 7 of the 10 subsectors increased in July. Contributing the most to the gain was a 16.6% jump in transportation equipment manufacturing as all industries, except for ship and boat building (-7.9%), were up. Motor vehicle (+10.5%) and motor vehicle parts manufacturing (+38.6%) continued scaling up production, following a pandemic-induced shutdown, to meet increased consumer demand. Fabricated metal product manufacturing (+4.7%) and furniture and related product manufacturing (+13.3%) also posted notable gains and were partly offset by declines in machinery manufacturing (-6.4%), computer and electronic product manufacturing (-4.5%) and wood products manufacturing (-0.9%). 

Non-durable manufacturing was up 6.2% as output of all subsectors, with the exception of textile and textile product mills (-9.0%), increased. Plastic and rubber products (+17.9%) and chemical manufacturing (+6.0%) contributed most to the growth, along with a 6.3% increase in petroleum and coal product manufacturing.

The public sector increases

The public sector (educational services, health care and social assistance, and public administration) rose 2.5% in July, as all three components were up. The output of health care and social assistance rose 3.7%, led by a 7.8% increase in ambulatory health care services (services provided by offices of physicians, health practitioners, dentists, medical and diagnostic laboratories) attributable to the continued reopening of activity across the country. However this subsector's output was still approximately 16% below its February pre-pandemic level, as many health care providers' offices continued to operate at a reduced capacity, including restricting the number of appointments aimed at limiting the spread of COVID-19. Nursing and residential care facilities (+1.7%) and social assistance (+3.7%) were also up, while hospitals increased 0.9%. Public administration grew 0.9% and educational services rose 2.9%.

Accommodation and food services expands

Accommodation and food services jumped 20.1% in July, marking a third consecutive double-digit monthly increase on the heels of even larger declines in March and April. Activity at food services and drinking places rose 17.6% as establishments continued to reopen and customers got used to new rules and restrictions. As reported by the Food Services and Drinking Places survey, activity grew at all types of restaurants as well as bars, pubs and some nightclubs as summer and patio-season progressed.

Following a strong increase of activity in June, accommodation services grew 27.6% in July. Many Canadians opted for a closer-to-home vacation, in light of the varying sets of rules for interprovincial travel and continued international travel restrictions.

Regardless of strong increases over the last couple of months, output across both accommodation and food services remained approximately 43% and 29% below their respective pre-pandemic February levels. 

Real estate and rental and leasing increase

Real estate and rental and leasing grew 1.9% in July. Activity at the offices of real estate agents and brokers (+30.6%) more than surpassed the pre-pandemic level in July, jumping to the highest point since March 2004, as home resale activity in the majority of urban centres continued double-digit increases.

Wholesale trade up 

Wholesale trade grew 4.6% in July, as all nine subsectors expanded. The machinery, equipment and supplies wholesaling subsector (+6.0%) led the growth, as all industries' output increased. Motor vehicle and motor vehicle parts and accessories (+14.7%) wholesaling was up, partly as a result of an increase in activity at motor vehicle and motor vehicle parts plants; personal and household goods wholesaling rose 5.8%.

Transportation and warehousing sector grows

The transportation and warehousing sector rose 5.7%, as all 10 subsectors were up. Leading the growth were support activities for transportation (+8.0%) and truck transportation (+3.8%). Urban transit systems (+48.0%) as well as taxi and limousine service (+9.2%) benefited from the continued reopening of the economy as ridership grew. Air transportation rose 55.5% in July, yet it remained nearly 92% below the January level before the COVID-19-related travel advisories began.

Professional services continue to grow

The professional services sector grew 2.8% in July, up for the third consecutive month, as all but one type of service grew. With the exception of declines in March and April, the sector has been continuously growing since November 2017. Management, scientific and technical consulting services led the growth in July with a 10.5% increase, while legal services, which derive much of their activity from real estate transactions, were up 5.4%. Advertising, public relations, and related services (+8.9%) and computer systems design and related services (+1.0%) were up, while accounting, tax preparation, bookkeeping and payroll services (-0.3%) offset some of the growth.

Other industries

Mining, quarrying, and oil and gas extraction increased 2.4% in July. Mining and quarrying (except oil and gas) rose 10.8%, primarily as a result of higher copper, nickel, lead and zinc mining (+35.4%) and potash mining (+44.9%) . Support activities for mining, and oil and gas extraction (+26.4%) were up for the first time in five months as all types of activities grew in July. Oil and gas extraction (-2.9%) decreased for the fourth time in five months as both oil sands extraction and oil and gas extraction (except oil sands) fell to levels last seen in the second half of 2017.

Utilities rose 3.5% in July following a 1.5% increase in June. Electric power generation, transmission and distribution was up 4.2%, as record-hot weather across many parts of the country increased electricity demand for cooling purposes. Natural gas distribution was down 1.1%.

Construction grew 0.6% in July as gains in residential (+2.4%) and repair (+2.5%) construction more than offset lower non-residential construction (-3.0%) and engineering and other construction (-0.5%).

Finance and insurance grew 1.0%, as gains in credit intermediation and monetary authorities (+1.1%) and insurance carriers and related activities (+1.7%) more than offset a decline in financial investment services, funds and other financial vehicles (-0.7%).

After surpassing the pre-pandemic levels of activity in June, retail trade edged up 0.4% in July as 7 of 12 subsectors were up. Leading the growth were clothing and clothing accessories stores (+11.2%), motor vehicle and parts dealers (+3.2%) and gasoline stations (+6.5%), while building material and garden equipment and supplies (-10.2%), sporting goods, hobby, book and music stores (-7.6%) and food and beverage stores (-1.2%) offset some of the growth.

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/200930/dq200930a-eng.htm?CMP=mstatcan

David Gordon New 400Everyone is an expert in pricing. It’s either too high or too low based upon your role. Salespeople like it low. Management wants it high. The customer wants it “right” which, usually means “competitive” or “It’s reasonable for the value I am receiving.”

And the term “value” is intriguing as it infers that you understand
• the value that you bring
• the value that your product / service brings
• the competitive landscape (which also includes alternatives and inertia)

But I digress. 

Read More

 

 

COVID ULConsumer UVC germicidal devices are entering the market rapidly because of an increased demand for sanitizing and germicidal capabilities in the face of COVID-19. But are they all safe?

UVC radiation (the most energetic in the UV spectrum; 180nm to 280 nm) is proven to have sanitizing and germicidal effects, and first proof of effectiveness against SARS-CoV-2 is emerging. Like many high energy devices, however, there are risks due to UVC exposure. For example, UVC over-exposure can cause damage to the eyes and skin, based on wavelength, intensity, proximity to the source, and time of exposure.

Read More


 

Investment In Building Construction - July 2020Total investment in building construction increased 1.8% to $15.1 billion in July. Residential sector investment increased 4.9% to $9.9 billion, while non-residential investment decreased 3.7% to $5.3 billion.

Construction activity has rebounded in the last few months, with investment in building construction remaining slightly lower than February 2020 levels, before COVID-19 construction restrictions were first put in place. On a constant dollar basis (2012=100), investment in building construction increased 2.0% to $12.4 billion.

Read More


 

 

Swati Vora-PatelBy Swati Vora-Patel

Personal protective equipment. We understand how important PPE is keeping us safe during this pandemic. While we continue to do our part to protect ourselves and those around us, counterfeit PPE is on the rise and has found its way into the supply chain: fraudulent COVID-19 testing kits, N95 masks, respirators, and even fake vaccines, which all pose a significant threat to the health and safety of unsuspecting global citizens.

Counterfeit activity and intellectual property crimes remain a growing issue in Canada and around the world. 

Read More


 

Changing Scene

  • Prev
What better way to celebrate the 25th Anniversary of Rittal System Ltd. in Canada than to be ...
Electro-Federation Canada (EFC) is pleased to announce the 7th Annual 2020 Marketing Awards Program ...
Leviton announced that Jean Belhumeur, president and chief of operations of Leviton Canada, will ...
Ouellet Canada is proud to announce the acquisition of Britech, a manufacturer and supplier of ...
Recently Tim MacDonald, President of Ideal Supply announced the appointment of Mike Smith to the ...
Liteline Corporation has announced the addition of Martin Parilak to their Canadian Regional Sales ...
The Task Force for a Resilient Recovery recommends five bold actions to help Canada “build ...
Late April 2020 ECM Industries acquired ILSCO. Since that time, they have been integrating the two ...
Since 1993, E.B. Horsman & Son(EBH) has been a proud supporter of BC Children’s Hospital ...
Southwire has aquired Construction Electrical Products (CEP) of Livermore, CA. Serving the ...
 

 

Martin Parilak  Liteline Corporation has announced the addition of Martin Parilak to their Canadian Regional Sales Team.

"Martin brings over 20 years of well respected electrical industry knowledge and experience to Liteline. Through his time spent in successful and progressive roles, as both a distributor and agent, Martin's experience will greatly compliment Liteline's growing product lines and will be of benefit to our agent network and customers of Western Canada," said National Sales Manager, Steve McMullen.

 

 

Read More


 

New Project 1Ouellet Canada is proud to announce the acquisition of Britech, a manufacturer and supplier of electric radiant heating systems in Canada.

Britech specializes in heating cables (floor, concrete and snow melting), electric thermal storage heating and self-regulating heating cables (roof and gutter de-icing).

"With this acquisition, we are demonstrating our commitment to growing and consolidating our relationship with our current customer base. It also allows us to continue offering quality products, innovative product design and industry-leading brands," said Louis Beaulieu, General Manager with Ouellet Canada.

Read More


 

 

Canadian College Task ForcesThe Task Force for a Resilient Recovery recommends five bold actions to help Canada “build back better” after the COVID-19 pandemic. Colleges can take the lead, to help meet the skills gap, and support communities transition to the low carbon economy.

What are the goals for the coalition? Rapidly implement and scale new curriculum and research initiatives relevant to a resilient recovery. Champion resilient recovery projects in line with the recommendations of the Task Force for a Resilient Recovery...

 

Read More


 

 

 

 

EBH DonationsSince 1993, E.B. Horsman & Son(EBH) has been a proud supporter of BC Children’s Hospital Foundation (BCCHF), helping provide the bestcare for children across British Columbia.

In EBH’s 120th Anniversary year, their employees,suppliers, and customers worked together to doubletheir annual fundraising efforts and donated over $100,000 to BCCHF. This significantly contributed to EBH reaching its cumulative donation of $1 million dollars!

 

 

 

Read More


 

Nathan SalmonNathan Salmon has been appointed General Manager, Rexel Atlantic. Nathan joined Rexel in 2016 and brought along over a decade of related distribution, management and supply chain experience. 


At first, he was responsible for the Dartmouth and Halifax locations where he was able to bring about significant growth and stability. In 2019, Nathan was promoted to a Regional Manager role leading and overseeing the Nova Scotia and Newfoundland branches. 

 

Read More


 

Peers & Profiles

  • Prev
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 ...

CEW 18 PP TimKing 400By Line Goyette

Tim King, Southwire Canada’s new President and first Canadian to assume the role, has taken the helm in the midst of the midst of the COVID-19 health crisis.

Previously, Tim served as Southwire Canada’s Director of Finance, HR and Administration. He has a background in economics and finance from Wilfred Laurier University. As a student, he was convinced that having a solid understanding of finance and economics would be an essential foundation to build his professional future. Over the course of his career, he purposefully acquired a broad range of skills, experience and knowledge to succeed in his new role.

Read More

 


 

Will Green and Matt ClearyIn July, Eaton announced that Vice President, Channel – Electrical Sector, Matt Cleary (pictured on the left) would be retiring after 40 years with the company, and Will Green (pictured on the right) was appointed as his successor. CEW sat down with the colleagues and friends over the phone to discuss their relationship, the transition as well as gain insight into their views on the industry.

Cleary joined the company in 1981 as a sales engineer, working his way through various roles of increasing responsibility. Green, who previously served as Vice President, U.S. Channel Operations and U.S. Sales, North American Sales, has been through a number of customer-facing roles...

Read More


 

 

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