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Wholesale sales grew for the seventh consecutive month in November — up 0.7% to an all-time high of $67.4 billion. Five of seven subsectors reported stronger sales, led by the machinery, equipment and supplies subsector and the building material and supplies subsector.
Insolvencies were down by almost one-third year over year during the early stages of the COVID-19 pandemic and were relatively stable in the third quarter. At the height of this century’s previous economic shocks, insolvencies rose by 10% or more. A new study looks at insolvencies during the largest economic upheaval of our lifetime.
This year has been unlike any other in recent history. We witnessed a dramatic shift in the demand for electrified transportation faster than expected with the stock value of Tesla exceeding every major automotive company combined.
Read more: 5 Electrical Engineering Trends That Will Shape...
See three possible career paths and their average salaries for people currently working as national sales managers. The national average for national sales managers, of those surveyed, is $88,140.
Total investment in building construction declined for a third consecutive month, edging down 0.1% to $15.3 billion in November. Slight decreases in both residential and non-residential construction led to minimal change overall. Gains in Ontario and Nova Scotia were offset in large part by declines in six provinces.
My father asked me to lunch one day and told me he wanted very much to meet with someone in the electrical industry who meant a lot to him, and whose friendship he wanted to share with me. That lunch in 1982 was with Doug Baldwin.
Read more: Doug Baldwin: An Electrical Industry Pioneer and...
I recently had a conversation with a friend who thought they had reached some clarity as to who they are today — filling out a government document, they had to select only one box as to their status. It was a singular question that gave you perfunctory choices but really did not define who you truly are.
Last year was like none other and one that we all hope never to endure again. The impact on our personal and professional lives has been dramatic, simultaneously universal and unique to each of us.
From the onset of the pandemic, businesses quickly pivoted to adapt to shifting markets, changing customer expectations and new employee requirements. Online services were fast-tracked, demand and supply planning became more digitized across the value chain, meetings and training were “Zoomified”...
January 1 marked the turning of the calendar and with it we think “a new year.” 2020 was an interesting year. Few, if any, recall the first 75 days of 2020 and the promise, or concerns, that ushered in the year. 2020 will be considered, forevermore, the year of COVID and the year started in mid-March.
Nexans Webinar - Key 2021 Electrical Code Changes Impacting Wire and Cable
Join NEXANS for a free webinar with Isaac Müller, Applications Engineer for Nexans as he reviews and discusses the changes to the 2021 Canadian Electrical Code related to wire and cable. This free webinar will take place Wed, Jan 27, 2021 2:00 PM - 3:00 PM EST.
This webinar includes:
- Updated rules to protect cables (12-514,12-516)
- New conditions of use for wire & cable (Table 19)
- An opportunity to ask your questions
Click here to register today.
Discussing AEA’s First Virtual Electrical Learning Expo with Tara Ternes
By Blake Marchand
“It was amazing,” Alberta Electrical Alliance CEO Tara Ternes said of their first Virtual Electrical Learning Expo. “It was a built from scratch platform, based on our 26-years of experience doing the Expo,” so it certainly didn’t go without its challenges.
“Going forward it will be much easier,” she said, adding that they learned a lot in the process of putting together and putting on the event virtually with Ivy Design, a marketing firm based out of Calgary, Alberta.
Stronger Together: Community Comes First
By Carol McGlogan
The pandemic has given us reason to pause and evaluate everything we do. We have all been affected in our personal and professional lives, and it is during these times we realize family and community come first.
We know that EFC’s role is to bring the electrical industry closer together – and this pandemic has proven that there is no better time to come together.
Wholesale Product Sales Rose 1% in October
The sale of wholesale products rose 1.0% in October to $66.7 billion, marking the sixth consecutive increase for the sector. Gains in three subsectors — machinery, equipment and supplies • motor vehicles and motor vehicle parts and accessories • building material and supplies subsectors — all contributed to the growth, which was partially offset by declines in the food, beverage and tobacco, and personal and household goods subsectors.
Sales volumes grew 1.0% in October.
2020: Powering Through, Together
By Michelle Branigan
If the events of this year have shown us anything, it’s that the Canadian electricity sector is resilient. As a sector providing an essential service 24/7/365, those who work in the sector have long had that “storm mentality” and are ready for extreme weather or other crisis scenarios.
Most organizations have robust emergency plans in place, and some even have specific plans prepared for a pandemic (based on previous scares with SARS and H1N1).
Changing Scene
Electricity Human Resources Canada (EHRC) has announced Stephanie Smith as the winner of its annual Leader of the Year Award. A human-centred leader in a highly technical field, Stephanie has an impressive track record of building strong relationships both inside and outside of the nuclear community, as well as creating safe and inclusive working environments.
Recently appointed as the first female President and CEO of CANDU Owners Group, Stephanie developed her career at Ontario Power Generation (OPG) where she made history throughout her career. Notably, as Plant Manager at Pickering Nuclear she was responsible for the safe operation and maintenance of 6 nuclear reactors.
Texcan Ontario Announces New Branch Manager
Sonepar Canada is pleased to announce the appointment of Roger Gray as Texcan Ontario’s new Branch Manager. Gray joined the company as of November 16th and has been managing the Brampton, ON branch.
Gray brings over 25 years of experience in the wire and cable distribution industry. His experience in strategic account management, familiarity of application and site limitations has earned him creditability amongst electrical contractors and OEMs alike.
Westburne Appoints Rick Di Danieli to Director, Industrial Solutions
Westburne Canada has announced the appointment of Rick Di Danieli to the role of Director, Industrial Solutions effective January 4, 2021. In this role, Rick will report to me and will be responsible for strategic direction and execution within the process and services space across Canada.
"A long standing Westburne partner and friend, Rick brings a wealth of industry and leadership experience, acquired in a 34-year career with Rockwell Automation. During that time he progressed through many leadership roles across North America, most recently as Regional Director Oil & Gas for North America," said Dave Syer, Vice President, Westburne Canada.
Peers & Profiles
Yves Chabot — A Leader with a Keen Eye for Energy and Economic Trends
Following Groupe Stelpro’s recent acquisition of floor heating system manufacturer Flextherm, Yves Chabot, President and CEO of Groupe Stelpro, agreed to answer our questions.
Given the recent acquisition, can you tell us about the key issues for your industry?
Many significant challenges exist. Over the short term, the industry must navigate the pandemic and deal with unprecedented labour scarcity. Over the medium to long term, we must position ourselves within the energy transition in a context where homes are increasingly smart and feature countless connected objects.
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