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Editor's Message
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For many of us winter has finally arrived and with it a true sense of a new season. And as we prepare ourselves for this season, we are also considering how to prepare for the coming business season. Whether in a business meeting or in line at Tim’s, topics of discussion are focused on the economy, inflation, supply chain and health concerns. These concerns are real and will present challenges but not so great that we cannot overcome them. We are still seeing growth, strong acquisitions, and a focus on developing future sustainability that will better position us for future concerns. Be sure to read about some Economic Forecasting in the recent article from Tom Mason and a little glimpse into the changing landscape in Canada since 2021 driven by acquisitions. Enjoy! |
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Acquisition Considerations
After the recent acquisition of Aztec Electrical Supply by Sonepar earlier this month it seemed prudent to take a brief look at recent acquisitions, what they mean to the Canadian market and if the rise in acquisitions is likely to continue. Although we have not seen acquisitions reaching some of the levels we are seeing in countries like the US, we have seen... Read More... |
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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... Read More... |
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Sponsored Content
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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 Report
Yet, although statistics prove that e-commerce is important to buyers, product data is still often misrepresented or missing key information on e-commerce sites. Read More... |
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Challenges Ahead, But Positives Too!
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Economic Forecasting Calls for Challenging Times Ahead
On September 22, 2022, Electro Federation Canada hosted the annual Economic Forecast Day. The financial markets are experiencing a complex and concerning economic condition, unlike anything we have experienced in the past few years, with inflation running at 40-year highs. Business is experiencing a storm of challenges from the impact of COVID... Read More... |
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EFC Welcomes New Manufacturer Member: Rova Products Canada Inc.
Rova Products Canada is a custom cable assembly facility serving the North American and European markets. Their custom cable experts work with you to produce reliable and effective products, including custom cable, wiring harnesses, fibre optics, and cable overmolding. By combining offshore with local production and distribution, Rova has... Read More... |
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IDEA Expands Data Services and Names Leadership Roles
The Industry Data Exchange Association, Inc. (IDEA) has finalized the acquisition of DATAgility, an award-winning data management services provider. This acquisition helps position IDEA to accelerate the Harmonized Data Model (HDM) Initiative and adds expertise to further support its customers and mission. In addition to product data syndication... Read More... |
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Ouellet Announces Appointment of Marie-Celine Gendron, Territory Manager for River-Sud, Montreal
Mr. Yves Giard, Regional Sales Director for Quebec at Ouellet Canada, was pleased to announce the recent appointment of Ms. Marie-Céline Gendron as Territory Manager for River-Sud, Montreal. Ms. Gendron worked for several years in project management and customer service for electrical contractors and distributors. The experience she gained... Read More... |
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Stanpro Welcomes Back Alexandre Dupuis as Regional Sales Manager – Greater Montreal
Recently, Stanpro was pleased to announce the return of Alexandre Dupuis among them as of November 21, 2022. Alexandre was part of the Standard team for over 6 years as a Lighting Specialist. He now joins Stanpro in the role of Regional Sales Manager for the Greater Montreal area. Throughout his career at Standard, Alexandre has distinguished... Read More... |
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Michelle Zeiger Named Vice President of Sales and Marketing with BeLuce Canada
With the recent retirement of Bruno Ardito, BeLuce Canada Inc. is pleased to announce the promotion of Michelle Zeiger as the new Vice-President of Sales and Marketing. Michelle has been with BeLuce (formerly Beghelli) for over 11 years and has over 25 years of experience within the electrical industry. Michelle will report to Ascot Capital Group... Read More... |
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Joe Novosad, New Vancouver Island Manager for E.B. Horsman & Son
Join in on welcoming Joe Novosad to E.B. Horsman & Son (EBH). Joe has joined E.B. as their new Vancouver Island District Manager on October 18, 2022. His direct branch responsibilities include all Vancouver Island branches – Victoria, Duncan, Campbell River, Parksville, and Courtenay. Joe comes to E.B. Horsman & Son with varied and tenured... Read More... |
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Brad Lowry Promoted to District Manager, Ontario Western District of Westburne
Westburne are pleased to announce the promotion of Brad Lowry to the Westburne Ontario senior leadership team as District Manager for the Western District, effective November 1st, 2022. Brad brought to Westburne over twenty years of experience as a Licensed Electrician. He began his career in the Distribution Industry in 2009 and joined... Read More... |
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EFC Welcomes New Manufacturer Member: Atlas Transformer
Atlas Transformer is a Canadian corporation engaged in the custom design and manufacturing of high quality Medium and High Voltage Dry Type and Liquid Filled Transformers. Atlas Transformer prides itself on devising innovative ways to improve efficiency and quality for every product. All of Atlas Transformers quality assurance programs... Read More... |
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EFC Appoints Quebec Region Program and Events Manager
EFC is pleased to welcome Christina Argiris to its team as Quebec Region Manager. Effective October 31, 2022, Christina Argiris will lead EFC’s Quebec Region to support all activities and programs in the region. Christina will work closely with the regional executive team, other members, and EFC staff to plan and implement industry... Read More... |
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Ericson Manufacturing Announces Appointment of Sales Outsource Solutions for Representation Across Canada
Ericson Manufacturing, a manufacturer of Job site power and protection, jobsite lighting, portable power and pendant and control products is pleased to announce the appointment of Sales Outsource Solutions to represent Ericson across Canada, beginning October 1, 2023. This appointment is part of Ericson’s continued commitment... Read More... |
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Don't Miss This Live Event
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ASK RITTAL: A-Z of BUSBAR with Sean Northcott
Traditional wiring relying on cable connections that require loads of space is a thing of the past and busbar power distribution is now the industry standard for all industrial enclosures. Globally, companies are deploying busbar to power their modular enclosures, primarily due to safety. Busbar alleviates pain points in panel design, engineering... Read More... |
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AD Associates Partner With Ryan’s Case for Smiles for Giving Back Event
AD associates participated in a giving back event on October 5 supporting Ryan’s Case for Smiles, a volunteer organization dedicated to helping children and their families manage the stress and emotional impact of illness. AD associates from the U.S., Canada and Mexico came together for a volunteer event at AD’s... Read More... |
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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... Read More... |
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Rexel Third-Quarter 2022 Sales
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 enable us to upgrade our full-year targets for 2022, which should be another record year, both in sales and profitability. Our strong third... Read More... |
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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... Read More... |
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What is the Harmonized Data Model and Why Does the Industry Need It?
The challenge facing the electrical industry is two-sided: manufacturers need a way to syndicate their product data globally, which is often required in different formats to satisfy all their trading partners. Distributors are looking for consistent, accurate, and comprehensive product data that they can readily use in e... Read More... |
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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... Read More... |
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Labour Force Survey, October 2022
Employment rose by 108,000 (+0.6%) in October, recouping losses observed from May to September. The unemployment rate held steady at 5.2% in October. Employment rose in several industries, led by manufacturing, construction, and accommodation and food services. At the same time, it fell in wholesale and retail trade, as well as in... Read More... |
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Building Permits, September 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... Read More... |
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Product Watch
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Monitoring recent products launched in Canada
New products are hitting the market at such a pace that it is often hard to be aware of everything new. Let Canadian Electrical Wholesaler and its sister site Electrical Industry Newsweek help you stay aware of new products and solutions for your customers. Read More... |
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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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