Canadian Electrical Wholesaler

photo of Paul EitmantI came across an article from Jim Lucy, Chief Editor, Electrical Wholesaling, concerning the Internet of Things (IoT) within the electrical industry. I was not totally surprised the survey conducted for the article still shows hesitation to accept IoT within our industry. Here is a summary of Jim Lucy’s article.

Statscan tableToronto and Vancouver were largely responsible for a 0.7% monthly rise in new house prices in Canada in May. Toronto was the largest contributor to the national gain, rising 1.1% from April to May. Builders linked higher prices to market conditions, a shortage of developed land and higher construction costs. Prices for new houses in Vancouver rose for a third consecutive month, up 2.2% and the largest increase for this census metropolitan area since May 2007. Builders cited favourable market conditions as the main reason for the gain.

Statscan tableCanadian municipalities issued $7.7 billion worth of building permits in May, up 8.9% from April and the third highest value on record. The national increase was mainly the result of higher construction intentions for residential buildings, particularly in Ontario. Seven provinces registered gains in the total value of building permits in May, and every building component increased except institutional structures.

woman reflecting over cup of coffeeIt’s early morning, 2067. You tap your phone to silence the buzzing alarm, which activates your home’s automated “wake up” setting. A soft glow fills your room as a network of LEDs reaches just the right level of brightness.

David GordonSometimes it makes sense to go “Back to the Future,” so to speak, in order to have a better perspective. In this case, to Tucson, Arizona in 1998, where Wendell Strong attended a meeting that foresaw much of what has come to bear in the lighting market. Wendell has been in the lighting industry for many years and has used his insights as a lighting distributor and a manufacturer. Today he is the GENISYS PoE Lighting Manager for Innovative Lighting, and past president of The National Association of Innovative Lighting Distributors (NAILD).

Photo of Paul EitmantThe Canadian dollar has slipped below 80 cents US for the first time in almost six years… The Canadian dollar closed at 77.10 cents US on Friday… The Canadian dollar's tumble accelerated just after the U.S. Federal Reserve reiterated it will be patient in raising rates from record lows and noted that the U.S. economy continues to improve… Canadian dollar could fall to 75 cents on weak oil prices, experts say… Canadian dollar slump hikes cost of U.S. imported goods…

Chart, new housing investment April 2017New housing construction investment totalled $4.6 billion in April, up 8.4% compared with April 2016. Investment increased for every dwelling type, but resulted mostly from spending on single-family dwellings, up $251.8 million to $2.4 billion. Six provinces posted higher investments in single-family dwelling construction. Ontario was well ahead of the other provinces, with $203.7 million in increased spending, a 22.9% increase over April 2016. Investment in apartment building construction rose 1.9% in April, mainly attributable to higher spending in British Columbia (+$61.4 million), followed by Quebec (+$29.5 million). The biggest declines for this type of dwelling were in Alberta (-$58.2 million) and Ontario (-$14.1 million).

Chart, manufacturing sales in April 2017Manufacturing sales rose 1.1% to a record high $54.4 billion in April, mainly due to higher sales in the petroleum and coal product, and primary metal industries. Sales were up in 13 of the 21 industries, representing 62% of Canadian manufacturing sales. Once the effects of price changes are taken into consideration, manufacturing sales volumes rose 0.5%. Sales were up in eight provinces in April, with Quebec and Alberta largely responsible for the total national gain, while sales were down in Saskatchewan and Manitoba.

open book in a library“The significance of electronics in the electrical distribution business will increase by 50% in 1987,” predicted Bob Shapiro, Vice-President and General Manager of Franklin Electrical Supplies Canada Ltd., Montreal. He added that some distributors had already plunged into electronics while others hadn’t even started. He saw no significant growth occurring on the electrical side.

Sonepar's Shoynear MorrisonThe importance of using the right tone within communications and marketing can be easily underestimated. Within these fields words are used to convey specific messages and meaning regarding a brand. What does the word tone mean and how can understanding its meaning allow you to apply this literacy device? Well… tone is the way we say something and creates emotion. Whether that emotion is conveyed as passion, anger, sympathy, etc. is up to you. You can easily convey a specific message through not just what you say but how you say it.

Study

Technological change has often been the cause for major market disruption. Consumers tend to benefit from these kinds of disruptions through improved service levels or radically lower prices. Wholesalers and distributors, however, have fewer means to drive changes themselves.

 

Here in Part 3: successfully operating in added-value market segments. This requires applying a number of different levers, usually at each step of their sales channels. . . Read more 

 

 

 


By Shoynear Morrison

The importance of using the right tone within communications and marketing can be easily underestimated. Within these fields words are used to convey specific messages and meaning regarding a brand.

What does the word tone mean and how can understanding its meaning allow you to apply this literacy device?

Well... The Merriam-Webster Dictionary defines the word tone as an “accent or inflection expressive of a mood or emotion, the pitch of a word often used to express differences of meaning.” Aka… tone, is the way we say something and creates emotion. 

 

Read more...

 

 

 

Changing Scene

  • Prev
Flextherm Celebrates 25 Years With a Big Bang PHOTO: EIN-37/CEW-18-CS-Flextherm-400.jpg The floor ...
Electro-Federation Canada’s 6th Annual Future Forum, Thinking Smarter — Channel Products, Energy, ...
In partnership with Habitat for Humanity Québec, Convectair is donating two heating units ...
Do you know an industry member who has greatly contributed to the Canadian electrical industry and ...
Kendra Smith will be joining the company’s Nationals Accounts team as the Key Accounts ...
Blueway has been added as a division within Sonepar Ontario, reporting directly to Sonepar Ontario ...
Pilz Canada has added Marcus Graham to its family. Marcus is now serving a wide base of customers ...
Christopher Balleine has been appointed Stelpro’s Sales Representative, Maritimes, ...
Based in Ottawa, Lafontaine will be responsible for building on Schneider Electric’s ...
Bill Smith from Electrozad Supply Company Limited has been selected as this year’s recipient ...

Peers & Profiles

  • Prev
I didn’t wake up one day and go, “I want to work for my dad!” Actually, it was ...
    Ouellet Canada is celebrating 50 years in the Electrical Heating ...
  On February 27th Lumen opened their 36th branch in Ottawa, Ontario. ...
John Baron is President of Elec-Tech Sales Ltd., a manufacturing agent with headquarters in ...
  In September 1957, Ken Gerrie opened a storefront electrical supply counter in the growing ...
I met with Shoynear Morrison at the Lumen show in Montreal this past April — a welcomed ...
LEDVANCE GmbH, a new legally independent lamp manufacturing company born out of the former Osram ...
Murray Chamney is everywhere. He is involved in all initiatives, is active in the business ...
Many Millennials join our industry by indirect routes or by chance. Not so for Jonathan Clarke, who ...
Intermatic is a North American family-owned energy control company celebrating its 125th year in ...

Looking Back

  • Prev
  Electrical distributors must remain in both the electronic and electrical ends of the ...
  The public’s strong interest in energy-saving products should continue in the ...
  Even in a principally agricultural province like Saskatchewan, the impact of electronics ...
Electrical distribution companies operating in British Columbia will continue to get larger while ...
Golden anniversaries are celebrated by the mature, and our industry is allowed to celebrate ...
The last 50 years have been exciting ones for the electrical industry but they won’t compare to ...
The ceiling that had been placed on membership fees remained a point of contention among ...
The year 1982 started on a relatively good note for electrical distributors. Sales in the first ...
An $80,000 deficit from 1979 greeted the CEDA members at the 1980 Annual General Meeting...   ...
At the January 1976 meeting of the Board of Directors, the title of the association’s manager was ...

Canadian Electrical Wholesaler is surveying Canadian Electrical Industry Businesses. This short survey (5 multiple choice questions) will aid in determining the the state of Canadian electrical businesses and provide valuable insight into industry shifts. 

We thank you for your time in filling out this survey.

Take survey here: https://www.surveymonkey.com/r/CEWbusinesssurvey

 

Copper $US Dollar price per pound

Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
2016 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