Canadian Electrical Wholesaler

July 12, 2021

Investment in Building Construction - Seasonally AdjustedInvestment in building construction cooled slightly in May, decreasing 1.9% to $19.4 billion. This was the first drop in seven months. Residential construction investment (-2.7%) was down for the first time since April 2020, while non-residential construction increased slightly.

On a constant dollar basis (2012=100), investment in building construction declined 2.7% to $14.8 billion in May.

Residential investment declines for the first time since April 2020

Residential construction was down 2.7% in May, bringing total investment to $14.8 billion with declines in both single and multi-unit construction.

Investment in single-family homes was down 2.7% to $8.3 billion. Quebec and Ontario posted the largest declines. Despite the decrease this month, single-unit investment remained approximately 60.0% above pre-COVID-19 levels.

With half of the provinces decreasing, multi-unit construction investment fell 2.6% to $6.5 billion in May. Quebec reported the largest decline (-11.0%), reversing a 13.0% increase in April.

Non-residential investment posts small gains

Non-residential investment increased 0.6% to $4.7 billion in May.

Investment in commercial construction increased 0.8% to $2.6 billion. Ontario continued to lead this component with multiple high-value construction projects in the works across the province such as Amazon fulfillment centres, the Labourers Union office building in Vaughan and a Canadian Tire distribution centre in Brampton.

Institutional investment continued to grow for the seventh consecutive month, up 1.2% to $1.2 billion. Quebec led the way, advancing 3.7% to $341 million. Ontario, Alberta and Prince Edward Island were the other provinces to report notable gains.

Seven provinces saw declines in industrial construction, which decreased 0.7% to $837 million nationally in May.

Source: Statistics Canada, www150.statcan.gc.ca/n1/daily-quotidien/210712/dq210712a-eng.htm?CMP=mstatcan

Contribute Your Product Knowledge to Develop the Industry’s Harmonized Data Model (HDM)

IDEA Harmonized Data ModelHave you heard about the industry’s Harmonized Data Model (HDM) initiative? IDEA, in partnership with NAED, is calling all product experts to get involved and be recognized by the industry. People who join the Product Expert Task Force will impact the future of the electrical distribution channel.

In the next 6 months, subject matter experts (SMEs) will be harmonizing the categorization for dozens of product categories. It’s an opportunity for industry experts to participate as a SME in the HDM initiative.

 

 

 

For more information Go Here.


 

 

CEW-31-UNEnvironment-WorldAccreditation-400.jpgClimate change poses very real risks to people and the environment. Extreme weather events like the destructive storm we just saw in Ottawa that left thousands without electricity for days, and damaged homes and critical infrastructure, are a stark reminder that we must take action, now.

Countries around the world agree – achieving a more sustainable future is a top priority. Commitments like the UN’s Sustainable Development Goals (SDGs), the landmark Paris Agreement and the ISO London Declaration, bring nations into a common cause to undertake the ambitious efforts it takes to tackle one of our time’s most critical challenges.

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Selling ServicesBy David Gordon, President, Channel Marketing Group

As every distributor knows, there is a labor and driver crisis in every market. It affects hiring warehouse staff as well as drivers. Today’s competition for labor is further exacerbated by competitive environments that can pay $20 / hour plus benefits (aka Amazon and others.) Further, within the electrical industry, many electrical contractors are faced with their own staffing challenges.

Industries have talked about fee-based services and many industry leaders are seizing upon the opportunity to diversify their income stream, improve profitability AND add a valuable service to their customers.

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Schneider Electric recently announced it has won the Energy & Sustainability 2022 Microsoft Partner of the Year Award. Schneider was honored among a global field of top Microsoft partners for its innovative EcoStruxure software solutions provided to customers that were powered by Microsoft technology, including Azure Cloud and Dynamics 365.

The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services and devices during the past year. Out of over 3,900 submissions from more than 100 countries across various categories, Schneider Electric was recognized for providing outstanding solutions and services in energy and sustainability.

In 2021, Schneider’s EcoStruxure solutions helped customers reduce their carbon emissions by 84 million tonnes which amount to 347 million tonnes saved or avoided since 2018.

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CEW Ideal logo 400IDEAL INDUSTRIES, INC. recently announced that IDEAL ELECTRICAL will serve as the exclusive electrical partner of RIVET Work, a provider of workforce management software for specialty contractors. The partnership brings electrical contractors transformative visibility, access to labor and equipment planning tools and real-time utilization of company assets that result in improved profit margins.

Commercial and industrial electrical contractors nationwide are maintaining and scaling incredible infrastructure requiring complex planning, scheduling, communication and collaboration as phases and tasks progress. The RIVET platform provides automated forecasting for project teams that plug into job rosters, schedule gantts and location-aware maps for back-office managers to assign the right people to planned positions. Schedulers and equipment teams can even attach the dispatch of tools and equipment so contractors know where equipment is, and who’s using it, in real time. RIVET can also be used to quickly review worker profiles, field labor requests and create interactive job maps, as well as transfer workers where they are needed on demand.

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Changing Scene

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Hammond Power Solutions (HPS) a leading manufacturer of dry-type and cast resin transformers and ...
Rexel Canada has recently announced it has acquired the Ontario based wire harness and cable ...
As part of its ongoing modernization efforts, Southwire has announced the installation of new ...
Supporting its long-term modernization strategy and building on its goal to remain generationally ...
Franklin Empire Inc., the largest independently owned electrical distributor in Canada, and MONTONI ...
Franklin Electric Co., Inc. is pleased to welcome Kyle Carron to its Industrial & Engineered ...
Adding continued investment in Canada to its core foundation of innovative Design, installation ...
AD and Torbsa Limited are announcing an agreement to merge the two groups. The ...
AimLite is proud to announce that its Products Warranty has been awarded certification by the ...
Industry Data Exchange Association, Inc. (IDEA) is acquiring the award-winning data management ...
 

 

AD and TORBSAAD and Torbsa Limited are announcing an agreement to merge the two groups. The merger is expected to close July 1, 2022. Established in Ontario in 1966, Torbsa is a shareholder-owned group made up of twenty-seven independent building supplies distributors, with 48 locations across Canada.

Rob Dewar, president of AD Canada, discussed how Torbsa's strong leadership and financial success made the buying group an ideal match for AD. Rob Dewar, president of AD Canada, discussed how Torbsa's strong leadership and financial success made the buying group an ideal match for AD.

 

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Electro-Federation Canada (EFC) is pleased to announce that Tom Mason has been appointed Vice President, Marketing and Channel Development and will report directly to Carol McGlogan, President & CEO. This change has taken effect on June 20, 2022.

Tom will be responsible for the overall planning, development, and marketing of channel-related programs, including initiatives that centre on workforce development, talent management, industry research, events, and regional engagement. The Marketing and Events teams will report directly to Tom. He will also work closely with other partner associations to promote collaboration across the electrical channel in Canada. Tom will be responsible for also leading the National Advisory Council (NAC), an operational committee that takes guidance from the Board to help steer EFC programming.

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Nedco/Rexel Atlantic is pleased to announce the appointment of Nathalie Parisel as General Manager, Quebec division effective July 4th, 2022.

Nathalie brings to the organization a wealth of knowledge in the Electrical industry and in leadership development.

Most recently, she ran her own consulting firm helping companies during their transformation journey to deliver profitable growth, sustainability and greater customer experience by building a talent pipeline. Prior to Parisel & Associates, she was Senior Vice President Canada, EES Division for Anixter. Over her 30-year career in the industry, Nathalie has worked in sales, marketing, customer service and engineering where she built high performing teams that achieve business objectives.

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EIN FE LEED 400

Franklin Empire Inc., the largest independently owned electrical distributor in Canada, and MONTONI are excited to launch the construction of the company’s new headquarters designed to support future growth. This family-owned 4th generation company is also celebrating its 80th anniversary this year. In summer 2023, Franklin Empire employees will move into their new facility of nearly 190,000-square-feet, conveniently located along Autoroute 40 at the junction of Autoroute 13 in Saint-Laurent and close to the Ericsson and VSL campuses developed by MONTONI. The building, which will be targeting a LEED certification, will triple the firm’s warehouse space and double its office area, while improving the customer experience and providing employees with a work environment adapted to the new reality of today’s job market.

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Peers & Profiles

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  The Sonepar Ontario Region is proud to announce the relocation of their SESCO Central ...
Charlie Harte is the Canadian President & CEO for LEDVANCE LLC, as well as holding the role of ...
 This past July, Kerith Richards, who has worked for Service Wire Company for the last seven ...
Illumisoft Lighting is an innovative company headquartered in Ottawa that focuses on suspended ...
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 ...
Mission Technical Solutions is a recently established sales agency founded by industry veteran ...
Omid Nadi, Trade Marketing Manager with Ledvance, is a Ryerson University grad coming out of their ...

 

 

Larry SternThe Industry Data Exchange Association, Inc. (IDEA), the electrical industry-endorsed technology service provider and eBusiness standards body, announces its 2022 Board of Directors. Larry Stern, President of Standard Electric Supply, is the IDEA Board Chair for the coming year.

“Larry’s experience and strong leadership are a driving force to tackle industry challenges and pursue IDEA’s roadmap. Today, with the increasing complexity and the increasing volume of data that needs to be exchanged, IDEA is focused on our mission to facilitate the exchange of complete, high-quality transactional and eCommerce product content and serve as the standards body for the electrical industry.” said David Oldfather, President and CEO of IDEA.

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