November 19, 2021

Positive economic outlook predicted for Canada

Canada’s economy is on the road to recovery, with 5.1 per cent growth expected this year.

That was the message from Peter Norman, vice president and chief economist for the Altus Group, speaking at a recent free seminar hosted by the Canadian Institute of Plumbing and Heating (CIPH) and the Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI).

Norman reports that despite the pandemic and issues such as labour and supply chain disruptions, there have been several boosts to the economy in the past year which are cause for cautious celebration. That includes record housing sales and residential renovation spending, as well as a rebound in employment. While Norman says Canada lost approximately three million jobs at the outset of the pandemic, those jobs have now been recovered, led by employment growth in Ontario, Quebec and BC.

Retail sales have increased 16 per cent since 2020, despite the risk of inflation caused by supply chain issues and renewed spending. Norman says this is because consumers have been saving over the past year and a half and households are wealthier now than they were pre-pandemic. However, Norman believes online shopping will continue to garner a larger share of goods and services spending going forward.

Read more here.

NEWS

People on the move

See who’s making news at NEXT Supply, Goodman Manufacturing, Modine Manufacturing and Franklin Electric.

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ecobee sold to Generac

Generac Holdings Inc. has announced that it will acquire Toronto, ON-based ecobee Inc.

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Updates to hydronic installation code

The Canadian Institute of Plumbing and Heating (CIPH) recently held a free seminar on the updated version of CSA B214 Installation Code for Hydronic Heating Systems published earlier this year.

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Alberta issues PVC pipe variance

Alberta Municipal Affairs – Technical and Corporate Services has issued a safety variance to the National Plumbing Code of Canada allowing installers to use cellular core polyvinyl chloride (PVC) pipe in residential buildings containing one or two dwelling units, and row houses no more than three storeys high.

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Canada’s Most Powerful Women Award includes Masco director

The 2021 Canada’s Most Powerful Women: Top 100 Awards, presented by Women’s Executive Network (WXN), KPMG and Mercedes-Benz Canada, include Lindsay Barber, director of product management for Masco Canada, and Miriam Jordi, project coordinator at Edmonton, AB-based Chandos Construction.

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Report shows green building remains a priority worldwide

The recently released 2021 World Green Building Trends Report reveals that efforts to increase green building and cut carbon emissions remain top priorities around the world.

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Feds finish first phase of energy advisor initiative

The federal government’s initiative to recruit, train and mentor young people as energy advisors is well underway, now that its call for industry partners has been finalized.

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Road hockey raises funds for cancer research

Next Plumbing and Hydronics Supply participated in the 10th annual Road Hockey to Conquer Cancer last month in Vaughan, ON, helping to raise more than $2 million in support of the Princess Margaret Cancer Centre.

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Bigger digs for National Energy Equipment

National Energy Equipment (NEE) has announced it will move to a larger location in Brampton, ON.

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Battscan acquires Power Marketing

Battscan Sales & Marketing has purchased London, ON-based Power Marketing Inc.

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Alberta’s Bill 49 aims to bring skilled professionals to the province

Alberta is proposing legislation to make it easier for out-of-province certified professionals to travel and work in the province.

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Cincinnati Fan sold to SPX Corporation

Dominus Capital, LP has announced it is selling Cincinnati Fan & Ventilator Co., Inc. to SPX Corporation.

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CleanBC Roadmap to 2030 focuses on renewable energy

British Columbia’s CleanBC Roadmap to 2030 updates the province’s commitment to reduce climate pollution, while supporting decarbonization efforts and the move to renewable energy.

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Circulator pump energy rating label now available

The Hydraulic Institute (HI) has announced that circulator energy rating labels are now available for participating energy efficient circulator pumps, identifying products which are able to save up to 80 per cent in electrical energy compared to traditional circulators.

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BC issues energy efficiency standards for residential gas boilers

British Columbia’s Ministry of Energy, Mines and Low Carbon Innovation, Energy Efficiency Branch, has announced updated performance standards for new and replacement residential gas boilers designed to improve their energy efficiency.

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Viega switches to QR codes

Viega LLC has announced that it will replace printed instructions on its products with QR codes to reduce paper waste. The company says the move will remove approximately 32 tons of paper waste a year.

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Alberta unveils hydrogen plan

Alberta has introduced its hydrogen roadmap outlining how the province will reduce carbon emissions, while diversifying the economy and creating jobs in the energy sector.

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PRODUCTS

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PARTING SHOT

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EVENTS

December 1-2
The Buildings Show

Toronto

December 14–16
IGSHPA Annual Conference 2021
Nashville, TN

January 31–February 2, 2022

AHR Expo
Las Vegas, NV

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Check out our September/October Issue:

Linwood Barclay: Master of his Genre

It isn’t every author who can count Stephen King among their fans. King has referred to international bestselling author Linwood Barclay as “a master of suspense.” Barclay’s own story is full of twists and turns, and a slow steady build to his becoming one of Canada’s most successful living writers.
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