10 Ways to Thrive In 2023 (Even if There is a Recession)

10 Ways to Thrive In 2023 (Even if There is a Recession)

The markets up, the markets down. You listen to economists and you hear about recession and will the Fed raise rates or hold. Large technology firms are laying people off by the thousands but electrical distributors and manufacturers cannot find people. Electrical product supply chains have gotten better but you then hear of the transformer and switchgear / control companies with 50+ week backlogs.

Organizations Building Safe Communities, Driving Positive Change Invited to Apply for Hydro One’s Energizing Life Community Fund

Organizations Building Safe Communities, Driving Positive Change Invited to Apply for Hydro One’s Energizing Life Community Fund

Recently, Hydro One announced it has opened applications for its Energizing Life Community Fund. Charitable organizations, Indigenous communities and municipalities across Ontario are invited to apply to receive $25,000 in funding towards initiatives that promote physical, psychological and emotional wellbeing.

Federal Clean Energy Initiatives Will Help Advance SMRs and Other Clean Technologies

Federal Clean Energy Initiatives Will Help Advance SMRs and Other Clean Technologies

Ontario Power Generation (OPG) welcomes the latest clean energy initiatives by the Federal Government outlined in the Fall Economic Statement, including the proposed investment tax credit that would benefit Small Modular Reactors (SMRs) and other forms of clean energy technology including hydroelectric, hydrogen, and pumped storage.

Electro-Federation Canada (EFC) and Ouellet Canada Scholarship

Electro-Federation Canada (EFC) and Ouellet Canada Scholarship

Ouellet Canada is delighted to announce that the scholarship offered by Electro-Federation Canada in partnership with Ouellet Canada has been awarded to Ms. Kim Leboeuf, a student at Université de Sherbrooke. For the last four years, Ouellet has contributed to this scholarship program, which aims to support a university or college student with their education and help them fulfill their career goals.

Building Permits, September 2022

Building Permits, September 2022

November 9, 2022 The total value of building permits in Canada fell 17.5% in September to $10.2 billion, the largest recorded monthly decline. This was the first time all survey components posted monthly decreases since September 2019. Both the residential (-15.6% to $7.0 billion) and the non-residential (-21.5% to $3.2 billion) sector posted declines. On a constant dollar basis (2012=100),…

Wesco International Reports Third Quarter 2022 Results

Wesco International Reports Third Quarter 2022 Results

Wesco International has recently announced its results for the third quarter of 2022. “Our third quarter results provide demonstrable evidence of the substantial value creation capability of the new Wesco. We once again set new company records for margin, profitability and backlog, and further reduced our leverage ratio in the third quarter,” said John Engel, Chairman, President and CEO.

What is the Harmonized Data Model and Why Does the Industry Need It?

Today’s reality: 89% of B2B buyers say they have made an online purchase since March 2020. 97% of online buyers experience some sort of pain point during the e-commerce purchasing process. 85% of B2B Buyers will move to an alternate competitor’s site if their distributor’s digital channel can’t keep up. Source: Avionos 2022 B2B Buyer…

Rexel Third-Quarter 2022 Sales

Rexel Third-Quarter 2022 Sales

According to their 2022 Third Quarter Sales report, Rexel benefited in the third quarter from solid underlying markets as well as accelerating demand for electrification, driven by the high price of energy, especially in Europe. These results and trends enabled Rexel to upgrade their full-year targets for 2022, which should be another record year, both in sales and profitability.

Rittal Presents the 2022 ‘Women in Tech’ EFC Scholarships to Ashlin Malik, University of Saskatchewan and Laura Yang, McMaster University

Rittal Presents the 2022 ‘Women in Tech’ EFC Scholarships to Ashlin Malik, University of Saskatchewan and Laura Yang, McMaster University

Rittal’s annual ‘Women in Tech’ Scholarships are important as they recognize that women have a vital contribution to make in the fields of Science, Technology, Engineering and Mathematics (STEM) fields. Rittal Systems Ltd. is pleased to have pioneered this scholarship in 2019, and continues to award the Electro-Federation Canada ‘Women in Tech’ Scholarship annually, to deserving women to help them to pursue their dreams in the Electrical Industry.

Schneider Electric’s Third Quarter Sustainability Performance Buoyed by Continued Climate Action

Schneider Electric’s Third Quarter Sustainability Performance Buoyed by Continued Climate Action

Schneider Electric has recently published the third quarter results of its sustainability impact target for 2025, with a score of 4.54 out of 10. These results provide further evidence of the company’s long-standing commitment to sustainability and reflect its leadership and positive impact in tackling climate change.