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ANTHONY CAPKUN
While Ottawa continues to fumble and stumble, bringing us ever closer to the brink of falling off the world stage altogether, a coalition of Canadian manufacturers is trying to do what it can to keep that from happening.
In a letter to Bill Morneau, the Canadian Manufacturing Coalition suggests several measures for boosting investment and growth in this sector, including:
• Reducing federal and provincial general corporate taxes to a combined 20%.
• Expanding and improving the Accelerated Capital Cost Allowance (ACCA) depreciation rules to mirror new U.S. rules.
• Introducing an Investment Tax Credit on purchases of new equipment and software of between 10% and 15% to help companies, especially SMEs, improve cash flow and offset the impact of the low Canadian dollar on the cost of buying foreign machinery and equipment.
• Introducing a “patent box” innovation support that would reduce taxes on profits from new products and product mandates, similar to Quebec and Saskatchewan.
• Lowering the top marginal personal income tax rate from 33% to 31% to help attract and retain talent. “We are concerned that a growing income tax gap between Canada and the U.S. will trigger a return to the Brain Drain challenge that plagued the Canadian economy in the 1990s,” says the coalition.
• Reforming the Scientific Research and Experimental Development (SRED) program to lower the administrative burden and support a broader range of corporate innovation needs.
“[The] U.S. is out-competing Canada for new direct investment,” says the coalition. “With the U.S. passing massive tax reform legislation to reduce the overall corporate and personal tax burden and spur investment, innovation and growth, Canada needs to respond to reverse these investment trends and leverage the sector for broader economic growth across the country.” Whereas many of us may blame China for taking away Canadian jobs, we need only look southward to gaze upon the latest threat. We must push our elected officials to change course and stimulate our manufacturing sector.
The combination of LED technology and intelligent lighting control systems has significantly lowered energy usage while simultaneously reducing operating expenses and addressing ever-tightening building code requirements.
Vocational vehicle specs serve as building blocks for a fleet and provide financial responsibility for the end product. A well-written spec can be invaluable when determining who is responsible for correcting errors and, ultimately, monetarily accountable.
Polyurethane foam is all around you: in your car, in appliances, in foam cushions and other household goods. Now it is becoming a common material used in buildings, and the electrical industry needs to understand how to work with and around it.
Last fall, Gerrie Electric Wholesale Ltd. (gerrie.com) asked friends and customers to help them celebrate 60 years of business by attending one of their 60th anniversary selling and education shows.
Gerrie held one “$alebrating the Past, Connecting the Future” event in Kitchener and one in Oakville, with EBMag attending the latter. There was great attendance and activity in both the tradeshow hall as well as the education sessions.
CHECK OUT our photo gallery (tinyurl.com/y8fsr4h4) for shots of the people and solutions in these locations.
But the highlight for us was sitting down with Heather and Elaine—daughters of Gerrie Electric founder Ken (who is turning 90 this year!)—to learn what it was like growing up in the Gerrie household and getting into the industry, and to hear their thoughts on “The 3G” and the distributor’s next 60 years.
CHECK OUT our video for those highlights (tinyurl.com/y8fsr4h4).
Congratulations, Gerrie Electric, on your 60th anniversary, and best of luck for the next 60!
Ledvance shuttering its Drummondville facility
February 2018 || Volume 54 || Issue 2 tional” lighting products. As such, Ledvance (sylvania.com) has announced it is closing its Drummondville, Que., facility by the end of this year, effective January 11.
“The decision to close these plants is a difficult but necessary step in order to focus resources on developing a comprehensive solid-state lighting portfolio that best meets the needs of the market and helps ensure future growth,” said Gracia, adding the company “is committed to doing what it can to assist employees during this transition period”.
About 75 employees in Drummondville will be impacted by this closing.
“Production and associated support equipment for some T12 product will be transferred to our Versailles, Ky., factory in the United States,” explained company spokesperson Glen Gracia. “The balance of the Drummondville operation will be shut down.”
As part of this announcement, Ledvance is also closing its factory in Exeter, N.H. “Canada continues to be an important priority for Ledvance,” noted Gracia. “We have recently added to our Canadian sales force to better serve our local customers, and remain dedicated to strengthening our LED business with new and innovative products, while remaining strong in traditional lighting despite a declining market.”
E.B. Horsman & Son (ebhorsman.com) is acquiring Saskatoon’s Intec Controls, thereby combining the latter’s Process Instrumentation, Automation & Controls product knowledge with E.B. Horsman’s full line electrical distribution business and specialty divisions.
“In addition to the quality products and service Intec customers trust, they will now be offered more products that complement Intec’s existing portfolio, as well as additional product lines that we will slowly introduce through our new location,” said E.B. Horsman’s Tyson Carvell.
“We share key supply partners,” noted Intec (inteccontrols.ca) president Mike Swejda, “and we look forward to introducing [E.B. Horsman’s] Affiliated Distributors’ Supplier Partners—as well as Automation & Control-focused suppliers—to Saskatchewan.”
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