Canadian Electrical Wholesaler

Govt Canada logoCanada’s exports continued to expand and helped grow the economy in 2012 despite a global stagnation in exports, reports Foreign Affairs, Trade and Development Canada in a just-released assessment.

In its detailed summary of the key trends and developments in international trade and investment, Canada’s State of Trade: Trade and Investment Update 2013, the department noted the following facts:
•    8 out of 10 provinces and all territories reported positive real economic growth
•    business expenditures drove most GDP growth
•    government expenditures contracted, contributing negatively to GDP for the first time since 1997
•    economic activity grew in all 4 quarters
•    inflation rose just 1.5%, nearly halving from 2.9% a year earlier
•    combined exports of goods and services grew 1.1% in a challenging global environment that saw trade stagnate and exports decrease in countries around the world; exports of services decreased 1%
•    Canada rose from 13th to 12th place among the world's leading merchandise exporters, (US$455 billion in total exports)
•    Canada remained the most important trading partner of the US, ahead of China and Mexico in total trade (16.1%)
•    Canada’s exports to Mexico reached $5.4 billion, making Mexico our fifth-largest export destination.
•    Canada’s total bilateral trade with China continued to increase in 2012, up 7.8% from a year earlier ($70.1 billion)
•    the United Arab Emirates remains Canada’s largest export destination in the Middle East and North Africa region ($1.5 billion)
•    energy is Canada’s top export commodity ($115.8 billion)

Read the full report: Canada’s State of Trade: Trade and Investment Update — 2013 .



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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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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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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