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Comparing Contractor Mark-ups Can Be Pointless and Very Risky
Some contractors determine their pricing structure by copying what other businesses do rather than figure out what mark-up their business actually needs to use.
Companion Piece to Cross-Jurisdictional Analysis Sent to the Attorney General by BCCA on Prompt Payment
May 10, 2024 A companion document to the Cross-Jurisdictional Legislative Comparison of Prompt Payment and Adjudication Regimes Across Canada prepared on November 24, 2023, has been submitted to British Columbia’s Ministry of the Attorney General, Minister of Finance, and the Premier. View “The Time to Act Promptly is Now: A Paper on the Benefits of Prompt…
Master Electrician Review of Newly Redesigned IDEAL Auger Bits
October 10, 2023 By Blake Marchand Earlier this year, IDEAL Industries launched a new line of single and dual flute auger bits, which IDEAL says are designed to make for a more efficient wood cutting experience. IDEAL’s website lists features like arced cutting edge, coated fluting, nail strike resistance, splinter free cutting, and wet or…
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Evolution and Innovation: Behind the Stelpro-Innovair Solutions Alliance with Pierre Huard and Louis Beaulieu
July 19, 2024 By Elle Bremmer Earlier this year, Stelpro and Innovair announced a strategic partnership to stregnthen their position in the North American market and support growth for both companies. The excitement surrounding the companies’ latest strategic alliance is evident in the lively conversation between Louis Beaulieu and Pierre Huard, CEOs of Innovair Solutions and Groupe Stelpro… Read More…
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Decline in Investment in Single-Family Homes Moderates the Growth in Residential Construction for May
July 19, 2024 Month over month, investment in building construction edged up 0.8% to $20.8 billion in May, rebounding from a 2.0% decrease in April. Both residential (+0.9% to $14.4 billion) and non-residential (+0.6% to $6.4 billion) sectors rose slightly in May. On a constant dollar basis (2017=100), investment in building construction was up 0.9% to $12.7 billion in May. Decline in… Read More…
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Winds of Change Blowing a Bit Harder – Discussing Canadian Wholesaler Mergers & Acquisitions
July 19, 2024 By John Kerr & Owen Hurst The recent acquisition announcements in the past month or so represent a mix of new moves being made in the electrical distribution channel in Canada that we feel demands some close reflection. The landscape is changing dramatically and quickly with the recent M&A activity that included… Read More…
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Investment in Building Contruction Down 2% for April, 2024
July 15, 2024 Investment in building construction decreased 2.0% to $20.5 billion in April compared with March. The residential sector declined 2.7% to $14.2 billion, while the non-residential sector fell 0.5% to $6.3 billion. On a constant dollar basis (2017=100), investment in building construction decreased 1.9% to $12.6 billion in April. Investment in residential sector declines Investment in residential building construction decreased by… Read More…
Changing Scene
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Nexans Appoints Timothy King to Lead its North American Business Unit
Nexans announces the appointment of Timothy King as Vice President of BU North America for Nexans’ D&U AMEA Business. Read More…
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Nedco Quebec Introduce Ivan Roy as New General Manager
July 19, 2024 “We are thrilled to introduce Ivan Roy as the new General Manager of Nedco Quebec,” said Nedco on LinkedIn. “Ivan brings a wealth of experience in the electrical distribution industry, having held several leadership positions that have shaped his expertise and leadership skills. As the GMA Regional Director at Nedco Quebec since… Read More…
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660 New EV Chargers to be installed in Nova Scotia
July 18, 2024 The federal government has announced federal investments in two organizations to install 660 Level 2 EV chargers across Nova Scotia: All the chargers are expected to be installed by December 2024 and will help EV drivers get to where they need to go with confidence and ease. Before hitting the roads, Canadians can easily map… Read More…
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City Electric Supply Raises Over $10,000 for Make-a-Wish Canada at Third Annual Golf Tournament
July 18, 2024 City Electric Supply (CES) proudly announces the success of its third annual fundraising golf tournament. Held on May 24th at Sunset Ranch Golf & Country Club in Kelowna, the event brought together community members, local electrical companies, customers, vendors, and employees from CES BC Interior District branches including Kelowna, West Kelowna, Penticton,… Read More…
