Canadian Electrical Wholesaler

Nov 2, 2021

The total value of building permits rose 4.3% to $10.1 billion in September, led by Ontario (+6.3%). Construction intentions in the residential sector were up 8.2%, while the non-residential sector decreased 3.2%.

On a constant dollar basis (2012=100), building permits increased 3.4% to $6.9 billion.
Building Permits - September 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ontario drives residential permits up

High-value permits for two new condo buildings valued at over $300 million in the cities of Mississauga and Toronto helped push Ontario's multi-family permits up 40.4% to $1.7 billion in September. At the national level, multi-family permits rose sharply, up 18.6% to $3.9 billion.

Conversely, construction intentions for single-family homes declined 2.7% to $3.0 billion, mainly reflecting decreases in Ontario and Quebec.

Overall, the residential sector rose 8.2% in September to $6.9 billion.

Non-residential permit values down

Construction intentions for the non-residential sector were down 3.2% to $3.3 billion in September, despite climbing 55.0% in Alberta.

The value of institutional building permits dropped 30.6%, mostly due to a 35.3% decline in Quebec. The decrease in Quebec followed a strong August when a $116 million permit was issued for a hospital expansion in the city of Verdun.

Commercial building permits fell 12.4% to $1.6 billion in September, mostly due to declines in Ontario.

Industrial building permits jumped 72.1% to $987 million, a record high for the series. Alberta's growth of 382.9% led the way, reflecting a permit valued at $400 million for the expansion of Calgary International Airport's Airside Maintenance Centre.

Third quarter construction intentions continue to ease


The total value of building permits saw a second quarterly decline, down 3.8% to $29.8 billion in the third quarter compared with the previous quarter. However, building permits were 14.3% higher compared with the third quarter of 2020.

The value of residential building permits fell 5.4% to $20.2 billion in the third quarter of 2021, with declines in both single-family and multi-family dwellings. In contrast, on a year-over-year basis, the residential sector was up 16.5%.

Construction intentions for the non-residential sector edged down 0.2% to $9.6 billion compared with the second quarter. Industrial building permits rose 33.8%, helped by large projects such as the Calgary International Airport's Airside Maintenance Centre expansion and a wind turbine blade manufacturing plant in Quebec. However, declines in the commercial (-3.2%) and institutional (-14.4%) components pulled the sector down overall for the quarter.

On a constant dollar basis (2012=100), building permits fell 6.6% to $20.4 billion in the third quarter, and were down 3.1% compared with the same period a year earlier. The year-over-year decrease in constant dollar terms mainly reflects higher construction prices in 2021.

To explore data using an interactive user interface, visit the Building permits: Interactive Dashboard.

To explore the impact of COVID-19 on the socioeconomic landscape, please consult the Canadian Economic Dashboard and COVID-19.

For more information on housing, please visit the Housing Statistics Portal.

Statistics Canada has a Housing Market Indicators dashboard. This web application provides access to key housing market indicators for Canada, by province and by census metropolitan area. These indicators are updated automatically with new information from monthly releases, giving users access to the latest data.

Swati Vora-PatelTalent availability continues to be a key concern among business leaders in the electrical industry: in fact, over 60% of EFC members surveyed said they do not have a robust talent pipeline in place. This pipeline is even further constrained as a result of ongoing employment challenges spurred on by the pandemic.

A global phenomenon known as “The Great Resignation” is underway which reflects a wave of workers who are strongly considering leaving their jobs in search for work that is more closely aligned with their interests with employers who provide flexible accommodations and serve a strong purpose. 

Read More


 

 

 

Building Permits - September 2021The total value of building permits rose 4.3% to $10.1 billion in September, led by Ontario (+6.3%). Construction intentions in the residential sector were up 8.2%, while the non-residential sector decreased 3.2%.


On a constant dollar basis (2012=100), building permits increased 3.4% to $6.9 billion.

Ontario drives residential permits up

High-value permits for two new condo buildings valued at over $300 million in the cities of Mississauga and Toronto helped push Ontario's multi-family permits up 40.4% to $1.7 billion in September. 

Read More


 

John KerrBy John Kerr

Consolidation is a natural evolution in any industry: technology changes, customers demand more, and the need to drive costs all contribute to this activity. The Canadian electrical market is mature but opportunities still exist in its related segments.

The reality is we are entering a new stage driven by how we define ourselves and how we respond to customer needs. We all understand segmentation today more than ever and desire to provide end users with greater value. 

 

Read More


 

Gross domestic product by industry - August 2021Real gross domestic product (GDP) rose 0.4% in August, led by increases in accommodation and food services, retail trade and transportation. The continued easing of public health restrictions and further reopening across the country increased demand across many close contact service industries.


Overall, 15 of 20 industrial sectors were up as growth in services-producing industries (+0.6%) more than offset a decline in goods-producing industries (-0.1%).

 

Read More


 

 

Changing Scene

  • Prev
Electro Federation Canada (EFC) is pleased to recognize the 2021 EFC Marketing Award ...
Sean Dunnigan, President of Techspan Industries Inc., is pleased to announce the appointment of ...
BCEA U40 group invites you to their Professional Development virtual series...     ...
Family Enterprise Canada is proud to announce Gerrie Electric Wholesale Limited is the Recipient of ...
AD’s Electrical-Canada Division virtually welcomed members and supplier partners for its five-day ...
Expanding its North American footprint, leading control and automation manufacturer RTI today ...
Premise LED Inc. is a Canadian based lighting manufacturer and market leader dedicated to supplying ...
Graybar Canada, a leading distributor of electrical, communications and data networking products ...
Nick Foster, Leviton Canada, has been appointed 2nd Vice Chair on EFC’s Atlantic Region ...
This year’s EFC Conference hosted over 500 members from all across Canada for two full days of ...
 

 

AD GrowthAD’s Electrical-Canada Division virtually welcomed members and supplier partners for its five-day 2021 Virtual North American Meeting on Oct. 25 - 29, 2021 with the goal of facilitating strategic conversations that help the division devise new ways to stay ahead of the competition.

The event facilitated over 1,200 face-to-face meetings with 40 member companies and 62 supplier companies, cultivating relationship, allowing participants to share best practices and enabling open communication.

 

Read More


 

EvolutionExpanding its North American footprint, leading control and automation manufacturer RTI today announced that it has named Evolution Home Entertainment Corp., a wholesale distributor of residential technology products, as the second RTI distribution partner for the Canadian market.


Evolution serves over 500 dealers across Canada, who now have the opportunity to get certified for the full line of RTI smart home control and automation products. With products shipping nationwide from its warehouse in Concord, Ontario, Evolution will also offer training and local dealer support to its dealers installing RTI systems.

Read More


 

 

SignifyThird quarter 20211


• Signify's installed base of connected light points increased from 86 million in Q2 21 to 92 million in Q3 21

• Sales of EUR 1,643 million; Comparable Sales Growth of -4.8%, impacted by global supply chain disruptions

• Order book increased by 90% in Q3 21 vs. Q3 20

• LED-based sales represented 83% of total sales (Q3 20: 82%)

Read More


 

Greg WalkerThe Continental Automated Buildings Association begins a new chapter with the appointment of Greg Walker as CEO, succeeding Ron Zimmer. Greg has been with CABA for almost 8 years working closely with the Board of Directors and leading the CABA research program and general operations. 

Mr. Walker is a Certified Association Executive (CAE) with over 15 years of experience working with associations, government agencies, universities, not-for-profit and Fortune 500 organizations. He holds a B.A. and B.Sc. from the University of Windsor and an M.Sc. from Dalhousie University.


Read More


 

Peers & Profiles

  • Prev
 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 ...

 

 

Kerith RichardsBy Alyssa Kerslake

This past July, Kerith Richards, who has worked for Service Wire Company for the last seven years, was selected as one of tED Magazine's prestigious "30 under 35" winners. 

"I was so surprised and totally honored. It meant a lot to me that my boss, and my company, thought highly of me to nominate me - and then to be compared and chosen from the other surely incredible nominees was pretty cool, too," said Richards of earning the distinction. "I was running out of time, I'll be 35 at the end of this year, but I feel like I'm just getting started in this industry." 

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
©2021 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