Volume 2 • Issue 38
MESSAGE FROM THE EDITOR
Being an entrepreneur can't be improvised, only learned
In this issue, we continue our series of articles on tools that can help you better manage your business and maximize new media marketing opportunities. Also, tools to help ensure the fees we quote for projects balance the need to stay competitive and make a reasonable profit. After all, you're in business to make a living. This includes growing your understanding of best business practices, your use of social media and, of course, your technical expertise. In our industry, it's the crux of the issue. Good reading!
- Franklin Empire Celebrates New Ottawa Branch with September 17 Open House
A new, larger facility on Ottawa's west side triples the branch's storage capacity. At the official open house, guests toured the offices and warehouse, and enjoyed delicious food and entertainment…
- Ontario Utility to Pilot Virtual Power Plant
Vaughan, ON-based PowerStream's virtual power plant will use residential solar-storage technology…
- Atlantic Wind & Solar Starts Building a 320 KW Utility Scale Plant in Burlington, ON
The $2 million commercial rooftop installation, consisting of 1,488 panels, is expected to produce 7,900 megawatt hours of power over 20 years…
- 3 Ontario Utilities Approach Municipalities for Merger Approval
The proposed merger of three Greater Golden Horseshoe Area electric utilities and joint purchase of a fourth will be presented for approval in the next few weeks…
- Electrical College of Canada Changes Name to Skilled Trades College of Canada
Expanded program offerings led to the name change. The college has campuses in Mississauga and Vaughan, ON…
- Burton Electro Technical Launches a New Website
Based in Port McNicoll, ON, the company develops multi-purpose and safe electrical training equipment, and can also customize its systems to meet training or curriculum requirements…
- NEIS Call for Public Review
The National Electrical Contractors Association (NECA) seeks public input as it creates and revises National Electrical Installation Standards (NEIS)…
- Greenlee Develops Industry-first Ergonomics Laboratory
Greenlee has launched an ergonomics lab to identify a tool's ergonomic value through testing, measurement and analysis…
- Product Recall: Philips Energy Saver Compact Dimmable Fluorescents
Philips has identified a safety problem that affects a number of Energy Saver a/k/a Marathon or Marathon Classic Compact Fluorescent dimmable reflector lamps produced between March 2007 and May 2010, and sold from March 2007 through July 2011…
- Product Recall: Technical Consumer Products, Inc. Connected LED Downlights
An incorrectly assembled internal part in TCP Connected LED downlights may create a risk of injury due to electrical shock hazard during installation. ..
- Product Recall: IKEA Patrull Nightlight
IKEA is recalling Patrull children's nightlights due to an electrical shock hazard. The nightlight's plastic covering can detach and expose electrical components…
- Electric Elle — Third Annual Tournament — Great Success
According to the participants and organizers of the third annual Electric Elle Golf tournament, this year's event was a great success…
Don't Underestimate Your Estimating System's Potential
By Shawn McCadden
Knowing what to charge clients for the work you do is often the difference between long-term success and eventual failure for the business. Many contractors look at estimating simply as a way to determine the cost of a project. In the traditional design-bid model of project delivery, this simplistic approach may work, assuming your price generates enough gross profit to cover your overhead and profit requirements. However, if your current estimating system is limited to only producing the number you charge clients for a project, you may be missing out on many other possible benefits...
How Contractors Can Capitalize on Social Media
There are more than a few ways you can find a contractor in 2015. Which one is most popular, you ask? There is not a single correct answer to that question. Many people will use any and all means at their disposal to check on a potential contractor before even giving them a call. The best way to bring in more customers to your business is to reach them where they search for contractors online. This guide will give you the basics on how to execute a solid contractor marketing strategy...
July New Housing Price Index Up 0.1%, After a 0.3% Increase in June
The combined region of Toronto and Oshawa was the top contributor to the increase, with prices up 0.3% over the previous month. Builders reported market conditions and higher labour costs as the main reasons for the gain. The census metropolitan area (CMA) of Hamilton (+0.6%) recorded the largest price increase in July. Builders cited market conditions as the primary reason for the advance, the largest in that CMA since June 2014...
What Contractors Buy
Among 13 purchasing categories, almost 90% of respondents buy wire and cable but only 44% buy cabling. See what's in between…
Survey Says From Recent Issues
New Products and Solutions
Standard's G9 lamps offer bright and crisp white light in a very compact profile, while minimizing energy and maintenance costs, and generating less heat compared to halogen equivalents. Available in 3 colour temperatures, they are perfect for chandeliers, small spaces and give a wide beam of light...
A linear light expandable to a maximum link of 10 fixtures, the LED Fluorobar comes with a built-in on/off switch and no shadow linking connector. It has six lengths to choose from, is dimmable, can be hardwired, and is available in 3000K, 4000K and 5000K colour temperatures...
EIN's TRAINING & EVENTS CALENDAR
Training, networking and professional development opportunities for members of Canada's electrical industry.
EFC Economic Forecast Forum
IAEI Canadian Section Meeting 2015
Greenbuild International Conference and Expo
View all Events
Current Copper Prices
Monitor daily and 6-month $US prices for copper — the preferred electrical conductor for most categories of electrical wiring.
THE ELECTRICAL STOCK MARKET
Track the stock market performance of 25 publicly traded electrical equipment suppliers and electrical wholesalers. Updated weekly.