Canadian Electrical Industry News Week

 

March 10, 2017

Electrical and Lighting Industry Members Among Canada’s Best Managed for 201Deloitte’s Canada’s Best Managed Companies awards program recognizes Canadian privately-owned and managed companies that demonstrate exceptional business performance.

Each of this year’s winners had an unquestionable expectation of growth that helped drive them beyond the status quo and their peers, says Deloitte. This growth orientation enabled this year’s winners to embrace a courageous mindset and make innovative business decisions that other companies may not, and the success is evident.

“Leading with a courageous mindset is imperative to being a Best Managed company,” says Peter E. Brown, National Co-Leader of Canada’s Best Managed Companies program and Partner at Deloitte. "When faced with tough situations, these companies have the values and the strength to make hard decisions to ensure that their business continues to move forward and succeed.

“Best Managed companies are calculated risk takers and make brave business decisions that contribute to their sustained success, year over year."

Trends common to Best Managed companies that contribute to their success include:

  • a disproportionate investment in people, with a focus on fostering diversity and inclusion, developing leadership capacities and investing in learning and growth to upskill their workforce
  • targeted investments in productivity and adaptability including software, equipment, and new processes and developing a culture that embraces change Best Managed companies also place a strong emphasis on self-assessment and being realistic about their limitations and potential future challenges

This mindset enables companies to plan constructively for their business and ultimately move them beyond only wishing for growth, and toward developing tangible actions for success.

“While many companies look only to revenue growth as a key marker of success, Best Managed companies take strategic risks to grow in a number of different ways,” says Lorrie King, National Co-Leader of Canada’s Best Managed Companies program and Partner at Deloitte. “It’s this adaptability and approach to business that sets them apart from the status quo.”

According to Deloitte’s recent report The Future Belongs to the Bold, courageous businesses experience greater revenue growth, create more jobs and outperform their peers. However, most Canadian businesses — nearly 90 percent — lack courage. The report also found that fearful businesses were also twice as likely to see their revenues fall compared to their courageous counterparts. Here’s a sampling of this year’s winners.

New winner

Daltco Electric (Kingston, ON) is a first-time winner.

Best managed winners

These companies have re-applied and successfully retained their Best Managed designation for two additional years.

  • Éclairage Contraste Inc. (Lévis, PQ)
  • Forbes Bros Ltd. (Edmonton, AB)
  • Gerrie Electric Wholesale Limited (Burlington, ON)
  • Integral Energy Services (Airdrie, AB)
  • Mulvey & Banani International Inc. (Toronto, ON)
  • Powerline Plus Ltd. (Toronto, ON)
  • Stelpro (Saint-Bruno-de-Montarville, PQ)
  • The K-Line Group of Companies (Stouffville, ON)

Gold standard winners

After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years.

  • ECS Electrical Cable Supply Ltd. (Richmond, BC)
  • Houle Electric (Burnaby, BC)
  • HTS (Toronto, ON)
  • Techmation Electric & Controls Ltd. (Airdrie, AB)

Platinum Club members

These winners have maintained their Best Managed status for seven years or more.

  • Alliance Energy (Regina, SK)
  • BBA (Mont-Saint-Hilaire, PQ)
  • CANA Group of Companies (Calgary, AB) 
  • Deca Cables (Trenton, ON)
  • E.B. Horsman & Son (Surrey, BC)
  • Groupe Deschênes Inc. (Montreal, PQ)
  • Standard Products Inc. (Saint-Laurent, PQ)

See the full list of winners: www2.deloitte.com/ca/en/pages/canadas-best-managed-companies/articles/meet-our-winners.html.


Electrician Forum Brought to you by Schneider Electric

As industry experts you know the products you use everyday better than anyone and should have input on what information you receive about products and what could improve them.

Therefore, we want your insight on the biggest challenges or issues you face when installing loadcentres, breakers (CAFI, GFI's…) and other surge protection devices. We ask that you do not provide product specific details but rather your general issues and concerns or any questions that have come to mind while working with these product types. Provide us with your valued expert insight into the issues you have faced so manufacturers can better inform you about the installation and use of these products. Lets generate some discussion that will help guide the Industry.

Make your comments  HERE

 

ESA Powerline SafetyThe invisible impact of powerlines should never be underestimated. In the past decade alone, 19 people in Ontario have lost their lives from overhead powerline contact. May 13 to 19 is Powerline Safety Week, which is meant to inform people across the province to stay vigilant of powerlines when doing work at home or on the job.

"Our work in raising awareness of powerline safety won't be finished until there are zero injuries or lives lost from contact," says Dr. Joel Moody, Chief Public Safety Officer, Electrical Safety Authority (ESA). "All it takes is a misstep or careless error to change the life of you, your colleagues or family."



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ABB Eco FactoryABB has an extensive portfolio of eco-efficient solutions and services that can help decouple economic growth from environmental impacts. In fact, over half of ABB's worldwide revenues are generated by technologies that combat the causes of climate change. The company’s goal is to increase this contribution from 57 percent in 2018 to 60 percent by 2020.

The company’s commitment to combatting climate change includes limiting the environmental impact of its own operations. ABB’s current target for climate action is to reduce its own GHG emissions by 40 percent by 2020 from a 2013 baseline.



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Wind Energy

Canada’s wind energy industry further expanded its installed capacity in 2018, while solidifying its status as the lowest-cost source of new electricity generation. Newly commissioned projects brought total national wind energy capacity to close to 13,000 megawatts (MW). Meanwhile, competitive auction results in Saskatchewan and Alberta confirmed the wind industry’s ability to continue to deliver record-low prices.

The six wind energy projects that were powered up in 2018 added 566 MW of installed capacity — a continuation of steady growth that contributed to an average annual growth rate of 20% per year since 2008.

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