Canadian Electrical Industry News Week

May 13, 2019

Economy DigitalAdvancements in technology and the Internet have fundamentally changed how people and businesses interact and how they produce, distribute and consume goods and services. As technological advancement continues and digitalization rapidly expands to more segments of the economy, there is an increasing need to accurately measure and assess its impacts.

Statistics Canada has released for the first time estimates of the economic value of digital economic activities, that is, activities that enable or are highly affected by digitization. Initial estimates are presented on the value, growth and nature of digital economic activities in Canada, the provinces and the territories.

To enhance these initial estimates and ensure that statistical measures reflect emerging economic phenomena, Statistics Canada will continue to explore innovative ways to measure the digitalization of the economy. This includes moving beyond traditional household and business surveys — many of which are not well suited to capturing digital economic activities — to using new data sources and methods, such as administrative data, crowdsourcing and web scraping.

Growth of digital economic activities outpaces economy-wide gross domestic product

The nominal gross domestic product (GDP) associated with digital economic activities was $109.7 billion, or 5.5%, of total economic activity in Canada in 2017. Digital economic activities, commonly referred to as the digital economy, include activities that enable digitization or are highly affected by it. For example, the digital economy includes the information technology equipment that it relies upon to function, as well as e-commerce transactions and the digital delivery of products to consumers.

While the digital economy is not an industry, to give a sense of its scale, it was larger as a proportion of the total economy than mining, quarrying and oil and gas extraction (4.8%), transportation and warehousing (4.6%) and utilities (2.4%) in 2015.

From 2010 to 2017, the nominal GDP of digital economic activities (+40.2%) grew at a faster pace than the overall economy (+28.0%). On an annual basis, the digital economy increased more than the total economy every year except in 2011 and 2017, which were years of strong growth in the energy sector.


Telecommunications was the largest contributor to the digital economy 

Telecommunications, part of the digital-enabling infrastructure domain, was the largest contributor to the digital economy in Canada. However, its contribution declined from 36.9% in 2010 to 28.7% in 2017. Over the same period, the contribution of e-commerce more than doubled, from 5.5% of the digital economy to 12.4%.

Digital economy job growth more than four times that of the total economy 

In 2017 there were 886,114 jobs associated with digital economic activities, representing 4.7% of all jobs in Canada.

While the proportion of digital economy jobs was smaller than the share of GDP and output, jobs associated with the digital economy (+37.0%) grew at more than four times the pace of economy-wide job growth (+8.6%) from 2010 to 2017.

The largest contributors to digital economy jobs in 2017 were support services (30.2%), followed by e-commerce (18.6%). The hardware domain (6.4%) represented the smallest share of digital economy jobs.


Contribution of the digital economy varies by province and territory

In 2017, digital economic activities accounted for the largest share of total economic activities in Ontario, Quebec and British Columbia. The proportion of digital economic activities in relation to overall economic activity was the smallest in the three territories and in Saskatchewan.

From 2010 to 2017, nominal GDP of the digital economy grew in every province and territory. However, Manitoba, Yukon and Nunavut saw slower digital economy growth over the seven-year period when compared with nominal economy-wide GDP.


On a regional basis, British Columbia (+49.1%) and Quebec (+41.0%) saw the largest gains in digital economy jobs from 2010 to 2017, while Newfoundland and Labrador (-9.1%) and the Northwest Territories (-3.5%) reported the only declines.

Source: Statistics Canada, https://www150.statcan.gc.ca/n1/daily-quotidien/190503/dq190503a-eng.htm

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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

 

ABB PortalThe ABB eFinder portal simplifies the process of locating inventory from ABB’s selection of products used for connection and transmission of electrical power. Customers may now search online for ABB Installation Products and can purchase them from the distributor who has the products in stock. Once the product is located, the customer may buy it from the distributor by connecting directly to the distributor’s e-commerce page and placing the products in an online shopping cart for the final purchase transaction.

 

 

 

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Codes and Regulations Brought to You by the CSA Group

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PolycarbonateElectronic waste is a huge issue, with Statista estimating nearly 50 million metric tons were generated globally last year alone.* Some of the materials traditionally used in LED lamp and luminaire components contribute to e-waste, and the industry is seeking more sustainable material alternatives. Thermally conductive (TC) polycarbonates, like those from Covestro, can replace aluminum in heat sinks, providing just such a replacement option. (The back enclosure of the A.L.P. Lighting Recruit wall mount fixture, shown in photo, is injection moulded from Makrolon TC polycarbonate.)

 

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White PaperBy Steven Carlini, Schneider Electric

Internet use is trending towards bandwidth-intensive content and an increasing number of attached “things.” At the same time, mobile telecom networks and data networks are converging into a cloud computing architecture. To support needs today and tomorrow, computing power and storage is being inserted out on the network edge in order to lower data transport time and increase availability. Edge computing places data acquisition and control functions, storage of high bandwidth content, and applications closer to the end user. This white paper explains the drivers of edge computing and explores the various types of edge computing available.

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Strip LightsEcoGen's Flexible Neon Series is suitable for both exterior and interior applications on residential or commercial buildings. The use of LED supposed to lights is quickly rising in terms of building design on a global level. These simple lights are more efficient, greater and are easy to install. When it comes to LED Flexible Strip lighting, you have a number of different options available and when it  comes to the time to decide, which one is best for you, there are different things that should be considered.

 

 

 

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Copper $US Dollar price per pound

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