Message From The Editor
Strategy an important tool for business development
A strategy of diversity and inclusion, strategies for adapting to technological innovations in the marketplace, strategies to better understand and adapt to changes within resource industries… this issue invites you to develop and reflect on strategies that can help us adapt to new markets and new economic realities. We also invite you to read about strategies put in place in the past to deal with the same challenges that are constantly renewing themselves in our industry and our economy. And more: important statistics on our economy to properly implement these strategies. Good reading!
Line Goyette, Managing Editor
linegoyette@kerrwil.com
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Changing Scene
- John Baron, President of Elec-Tech, Is Retiring
After 31 years with Elec-Tech Sales and the last 20 years as President, John Baron has announced his retirement as of August 31, 2017…
- Southwire Becomes Signatory to UN Global Compact
Strengthening its commitment to sustainability, Southwire announced that it has become a signatory to the UN Global Compact Initiative…
- Danfoss Welcomes New President and CEO
Danfoss welcomes Kim Fausing as its new President and CEO. Kim served as Danfoss' chief operating officer and now steps into his new role after the planned departure of Niels B. Christiansen…
- Ryan Wuest Joins Westburne West as Divisional Vendor Manager
Westburne has announced the appointment of Ryan Wuest as the new Divisional Vendor Manager of Westburne West…
- Pilz Canada Partners with Manufacturers Automation
Pilz Canada has appointed Manufacturers Automations as its new distribution partner for the South-Western Ontario region…
- General Cable Announces Review of Strategic Alternatives to Maximize Shareholder Value
General Cable has announced that its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value, including a potential sale of the company…
- AD energyFORCE Summit Builds Strong Partnerships in the Energy Market
AD recently hosted its annual energyFORCE Summit at the Hyatt Regency Boston Harbor Hotel in Boston, MA and accommodated electrical members and supplier partners who have a focus in the energy market…
- Ouellet Canada Appoints Vincent Tremblay as Sales Representative for New Brunswick and P.E.I.
Mr. Vincent Tremblay will soon join William Healy as Ouellet Canada's Sales Representatives in the Atlantic region…
- Edge Global Supply Completes the Purchase of Technology BSA SpA
Edge Global Supply has announced their first investment in Europe, expanding the Edge footprint…
- Power Survey Receives USD $24 Million Investment
Power Survey and Equipment Ltd. has announced that it received $24 million USD in a Series A2 funding round, following on its recent acquisition of Power Standards Lab (PSL)…
- Schneider Electric Canada Employees Conclude Volunteer Time with Habitat for Humanity for the Carter Work Project
More than 50 Schneider Electric Canada employees volunteered at the Carter Work Project in Edmonton and Winnipeg, supporting Habitat for Humanity's Canada 150 build and the Carter Work Project to construct 150 homes across the country…
- Contrast Lighting Announces New Sales Representation in the Atlantic Region
Contrast Lighting has announced that ELP Marketing will join Contrast as a manufacturer's representative throughout Atlantic Canada…
- Laplante et Associés Appoints New Representative for Eastern Quebec
Laplante et Associés is proud to announce the nomination of Mr. Dominicq Morissette as the new representative for Eastern Quebec…
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Codes & Standards
Meeting New Competitive Market Demands: Keeping up with Rapid Change
By Bill Bryans
As I retire from my position as VP, Technical Services at Electro-Federation Canada, more than ever to meet new competitive market demands, I believe EFC and other manufacturing associations must create an advanced means for regionally applicable standards development collaboration. The Council for Harmonization of Electrotechnical Standards of the Nations of the Americas (CANENA) has served this purpose reasonably well for the past 25 years, but has too many inherent structural limitations to be capable of competing in the emerging world of rapid fire technology changes.
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Internet of Things
IoT: Hard to Change Old Habits
By Paul Eitmant
I 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. IoT-enabled electrical devices are still in the early days of mainstream adoption, but some distributors and their customers have already bought into the Internet of Things. Several end users who responded to a survey of subscribers to the Illumination Insider e-mail newsletter that EW publishes with Electrical Construction & Maintenance (EC&M) also had some interesting comments on where IoT fits in the lighting world.
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Millennials
Diversity and Inclusion (D&I): A Revolutionary Trend?
By Jean-François Bourqui
Diversity and inclusion (D&I) is a term that companies are starting to zero in on, and as a result, is quickly becoming a trend. Creating a diverse workforce and an inclusive work environment for employees is a priority for many forward thinking organizations, which are focused on sustaining successful and long-term multi-generational businesses. The Merriam-Webster dictionary defines “diversity” as the state of having people who are different races or who have different cultures in a group or organization. “Inclusion” is defined as the action or state of including or of being included within a group or structure. However, in a business sense, the meaning and need for D&I are so much more. D&I in some ways are like bacon and eggs. They are not the same, but together make up a winning combination.
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Looking Back
Modernizing Resource Industries: Maritimes
The resource-based industries of the Maritimes are looking to electronics to make their operations more productive. This trend, in concert with the tremendous amount of work offshore oil development will provide, suggests a glowing future for distributors in the region. Kip Roberts, President of Harris and Roome Ltd., Halifax, points out that several industries are modernizing and much of their new equipment will be purchased from electrical distributors. The fishing industry, for instance, is moving to new types of boats while fish processing plants want more efficient machinery. Old coal mines are being revitalized with new equipment, such as time switches, precision-type instruments, and all kinds of electronic devices.
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Economy
Q2 Non-residential Building Construction Investment Rises 0.3%
Investment in non-residential building construction totalled $12.4 billion in the second quarter, up 0.3% from the previous quarter. This increase follows three consecutive declines. Nationally, the gain was the result of an increase in spending on the construction of industrial and commercial buildings. The institutional component declined for a second consecutive quarter. Overall, six provinces posted increases in the second quarter, with Ontario reporting the largest upturn, followed by British Columbia and New Brunswick. The largest decline occurred in Alberta, followed by Saskatchewan. In Alberta, the decrease resulted mainly from lower spending on both institutional and commercial building construction.
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Economy
New Housing Investment YOY Rises 4.1% in May
New housing construction investment totalled $4.4 billion in May, up 4.1% from May 2016. This increase was mostly explained by higher investment in Ontario and, to a lesser extent, in British Columbia and Manitoba. Of the four provinces that posted a decline, Quebec's decrease was the largest. The 11.2% drop in Quebec was due primarily to a strike in the construction industry in the last week of the month. All types of housing construction declined in this province except row housing, which saw a slight increase. In Ontario, new housing construction investment totalled $1.8 billion in May, a 7.1% year-over-year increase. This gain was largely attributable to higher spending on single-family dwellings (+$81.5 million). However, apartment construction spending in the province fell by $14.4 million.
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Events Calendar
Training, networking and professional development opportunities for members of Canada’s electrical industry.
CanWEA Annual Conference
October 3-5
Ottawa, ON
Power of Water Canada Conference and Tradeshow
October 23-25
Niagara-on-the-Lake, ON
BCEA Link Conference 2017
November 1-2
Vancouver, BC
Solar Canada
December 4-5
Toronto, ON
View all Events
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In The Next Issue
Challenges of managing warehouse personnel
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The Electrical Stock Market
Track the stock market performance of 25 publicly traded electrical equipment suppliers and electrical wholesalers. Updated weekly.
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Careers
Time for a Change? New Job Openings
Access the latest job and career opportunities in Canada's electrical industry today. New listings posted regularly.
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