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CHHMA NEWS

CHHMA - EYE ON OUR INDUSTRY
Volume 14, Issue 15, April 16, 2014

Inside This Issue:

• Last Call for the CHHMA Spring Conference & 45th Annual General Meeting
• Join Your Fellow Canadians in Las Vegas at Maple Leaf Night – May 6th
• 45th Annual CHHMA Ontario Golf Tournament in Support of the Ontario Special Olympics
• 39th Annual CHHMA Quebec Golf Classic
• CHHMA Night at the Races - June 18th
• Dollarama Hires Former Metro Exec as COO
• Loblaw May Offer Online Order Pickup at Shoppers Drug Mart
• Guidance on Mandatory Incident Reporting under the Canada Consumer Product Safety Act 
• CSSA Information on PPP Stewardship Programs (Including Saskatchewan) – 2014 Reporting
• Bank of Canada Holds Rate at 1%, Cuts Growth Forecast for 2014
• Home Resales in Canada Jump in March as Buyers Come Out of Hibernation
• Canadian House Prices Flat in March from February, but Up 4.6% From a Year Ago
• New Home Prices in Canada Gain 0.2% Led by Calgary
• Young Canadians Increasingly Upbeat About Home Ownership, RBC Survey Suggests
• Canadian Consumer Confidence Rises from Year-Earlier Levels 
• Latest U.S. Economic News
  

Association News


Last Call for the CHHMA Spring Conference & 45th Annual General Meeting        
 
This year’s CHHMA Spring Conference & 45th Annual General Meeting is set for next Wednesday, April 23rd at the International Centre Conference Facility at 6900 Airport Road in Mississauga.

You can still register to attend this value-packed day by going to: http://events.chhma.ca/agm2014/agm2014main.html.   

- Find out where the Canadian, U.S. and Global economies are headed and how it will impact your business

- See how proper goal setting can help you in both your business and personal life.

- Gain valuable insight to enhance your negotiation skills

- Learn how to set a vision within your company that will increase sales and grow your bottom line

- Plus help support our industry and hear from the two latest inductees into the Hardware and Housewares Industry Hall of Fame: Mr. Leonard Lee, Founder and Chairman of Lee Valley Tools of Ottawa and Mr. Richard Paulin, President of H. Paulin & Company, of Toronto during the Hall of Fame luncheon held during the conference.

We look forward to seeing you there on April 23rd!



Join Your Fellow Canadians in Las Vegas at Maple Leaf Night – May 6th
 
Maple Leaf Night is taking place this year on Tuesday, May 6th , 5:30 to 8:00 p.m. at the Mirage Hotel & Casino in Las Vegas. This popular social event is open to CHHMA members and Canadian customers in town for the National Hardware Show (May 6-8).

Maple Leaf Night is always a great way to wind down after the first day of the show and is an opportunity to mix and mingle with fellow CHHMA members and Canadian retailers while enjoying cocktails and hors d-oeuvres.

Regular individual tickets are $160 CDN or $200 CDN at the door. Retailers/customers are invited to attend complimentary.

For further details and to register, go to: http://events.chhma.ca/mln2014/mln2014main.html.

In addition, there is still an opportunity to sign-up as a sponsor for this fabulous event.

The cost for sponsorship is $700 CDN and entitles companies to corporate identification on all tickets, letterheads and event signage. It also entitles your company to one complimentary ticket for the host who will participate in the receiving line and two additional complimentary sponsor tickets. Additional sponsor tickets can also be purchased for a reduced price of $95 CDN.

To sign up as a sponsor online go to: http://events.chhma.ca/mln2014/mln2014main_sponsor.html or click here for a PDF Sponsorship Request form: http://events.chhma.ca/mln2014/images/mln_sponsor14.pdf.

So come join us in Vegas!



45th Annual CHHMA Ontario Golf Tournament in Support of the Ontario Special Olympics 
 
The 45th Annual CHHMA Ontario Golf Tournament is being held on Tuesday, May 27th, 7:45 a.m. shotgun start. CHHMA Members and invited customers will enjoy the newly renovated course at Angus Glen Golf Club in Markham, Ontario.

Sponsor a hole! Again this event will be in support of the inspiring children and young adults of "Ontario Special Olympics"! Your company will receive recognition and thanks on all signage and promotion surrounding this event, while saluting the accomplishments of young athletes who through sports see themselves for their abilities, not disabilities!

For registration, hole sponsorship and event details go to: http://events.chhma.ca/golfto2014/togolf14main.html.  



39th Annual CHHMA Quebec Golf Classic
 
The 39th Quebec Golf Classic is taking place at Le Club de golf Le Fontainebleau in Blainville, Quebec on Thursday, May 22, 11:00 a.m. shotgun start.

To help us make this the best golf event your customers will attend in Quebec this year, sponsor a hole! Your company will receive recognition on all signage prior to, during and following the event. For more details click on the links below! 

French registration: http://events.chhma.ca/golfpq2014/pqgolf14main_fr.html  
English registration: http://events.chhma.ca/golfpq2014/pqgolf14main_en.html  

Plan to attend this industry event with your colleagues and customers! We hope to see you on May 22nd!
  


CHHMA Night at the Races - June 18th   
 
CHHMA’s Night at the Races is held at the Woodbine Racetrack in Toronto and is an excellent venue to entertain your customers and their spouses or invite your employees for a bit of team building. The thoroughbred racing and tasty buffet makes for an all-round fun evening!

Held in the Favourites Dining Room, you have a great view of the track from any table.

You can now register at: http://events.chhma.ca/races2014/races14main.html.

So don't miss Wednesday, June 18th at Night at the Races.....



Industry News

Dollarama Hires Former Metro Exec as COO 
 
Dollarama Inc. has hired a former executive from grocer Metro Inc. as its new chief operating officer. Johanne Choinière, previously senior vice-president of Metro’s restructured Ontario division, will begin at Canada’s biggest dollar store chain on May 12, heading up retail store operations as well as logistics, distribution and supply chain management. She replaces Stephane Gonthier, who announced his departure from Dollarama in August to become CEO of California-based retailer 99 Cents Only Stores.  Read More >>



Loblaw May Offer Online Order Pickup at Shoppers Drug Mart 

Shoppers Drug Mart Corp. stores could eventually double as easy grocery pickup locations for Loblaw Cos. Ltd.’s online customers, says one industry analyst. As the country’s biggest grocer seeks to drive value from its recent $12.4-billion acquisition of the pharmacy giant, looking at similar retail operations in Britain may offer clues as to what strategic direction Loblaw intends to take. This includes new small street-front formats, said Keith Howlett of Desjardins Securities.

Beyond realizing an expected $300-million in business synergies over three years, Loblaw’s challenge “is to drive greater revenues as a combined entity,” the analyst said in a note to clients. “The summary concept of ‘health and wellness’ has to be brought to financial life in some meaningful way.”

Online grocery retailing is not well developed in Canada, but is thriving in the U.K., and Loblaw is planning a pilot test later this year, with collection of orders to be available at two of its stores.  Read More >>



Government & Legislative News 
 
Guidance on Mandatory Incident Reporting under the Canada Consumer Product Safety Act 
 
The Canada Consumer Product Safety Act (CCPSA) came into force on June 20, 2011. The Canadian government would like to remind companies that, by law, they must inform Health Canada within two days of becoming aware of a health or safety incident related to a consumer product they manufacture, import, or sell. This serves as an early warning and detection of health or safety issues with the purpose of reducing the number of unsafe or potentially unsafe consumer products on the Canadian market. This information helps Health Canada and industry to proactively and efficiently respond, where appropriate, to consumer product health and safety concerns.   Read More >>


 
Stewardship News
 
CSSA Information on PPP Stewardship Programs (Including Saskatchewan) – 2014 Reporting  
 
 
As discussed previously, the CSSA (Canadian Stewardship Services Alliance) was established in 2013 to try to consolidate and coordinate packaging and printed paper (PPP) stewardship programs across Canada.  On March 20, 2014, CSSA held a webinar to provide businesses participating in packaging and printed paper stewardship programs in British Columbia, Saskatchewan, Manitoba and Ontario with information to help in the preparation and submission of 2014 reports both nationally and for individual programs.  Topics covered during the webinar ... Read More >>  


 
Economic News
 
Bank of Canada Holds Rate at 1%, Cuts Growth Forecast for 2014 

The Bank of Canada said on Wednesday that it sees solid signs that the global economy is picking up steam and will take Canada along for the ride, but still expects that it will take some time for this country to fully recover from the crippling effects of the recession.  Despite the rosier outlook, the bank has shaved first-quarter economic growth a full point lower than it previously thought to 1.5% — mostly due to the severe winter weather — and for the year as a whole to 2.3% from the previously projected 2.5%.  As such, the bank said it will keep the trendsetting overnight interest rate at the super-low 1% level to keep encouraging borrowing and spending activity that it judges the economy needs to stay on a growth path.  Read More >>
 


Home Resales in Canada Jump in March as Buyers Come Out of Hibernation             

Sales of existing homes in Canada jumped in March from February and prices continued to tick higher as the winter deep freeze ended and home buyers started to come back into the market, the Canadian Real Estate Association (CREA) said on Tuesday. The industry group for Canadian real estate agents said sales activity was up 1.0% last month from February, and February’s gain was revised up to a 0.6% rise, from 0.3% reported previously. The back-to-back monthly gains followed five straight months of falling sales as the particularly brutal winter kept the market on hold.  Actual sales for March, not seasonally adjusted, were up 4.9% from March 2013.  Read More >> 
  

Canadian House Prices Flat in March from February, but Up 4.6% From a Year Ago
 
Canadian resale home prices were flat in March from February and 12-month home price inflation slowed slightly, the Teranet-National Bank Composite House Price Index showed on Monday.  While national prices were essentially unchanged last month from February, the index, which measures price changes for repeat sales of single-family homes, showed regional disparities, as Calgary roared ahead but Montreal faltered.   Read More >>



New Home Prices in Canada Gain 0.2% Led by Calgary
 
Statistics Canada reported last Thursday that its New Housing Price Index (NHPI) rose 0.2% in February, following a 0.3% increase in January. Economists forecast the national index would rise 0.1%, according to the median estimate.  From a year earlier, new home prices increased 1.5% in February, matching the January pace. The metropolitan region of Calgary was the top contributor to the monthly gain, with prices up 0.9% over the previous month.  Read More >>



Young Canadians Increasingly Upbeat About Home Ownership, RBC Survey Suggests 
 
More young Canadians believe owning a home is a very good investment, according to a recent RBC home ownership poll released last week.  It says 86% of those aged 25-34 believe owning a house or condo is a solid investment, up from a reading of 78% last year, a year when many believed rising mortgage rates would soon make it more expensive to own a house. Rate hikes have reversed since last year.  RBC says that attitude is also reflected in buying intentions, with interest from the 25-34 age group rising to 41% in the latest poll compared to just 25% in 2013.  Read More >>



Canadian Consumer Confidence Rises from Year-Earlier Levels  
 
A new survey says Canadian consumer confidence at the beginning of 2014 was higher than it was one year ago but slightly lower than at the end of 2013.  The Harris/Decima-Investors Group’s overall consumer confidence index for the first quarter of 2014 stood at 81.2. That’s up from 77.6 in the first quarter of 2013 but down from 84.4 in the fourth quarter of 2013, which marked a three-year high for the index.  The index tracks responses to consumer attitudes about what lies ahead for the economy and their own financial situation.  Read More >>


 
Latest U.S. Economic News
 
U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather; U.S. homebuilder sentiment edged up in April but remained mostly dour on lingering concerns about stiff credit conditions for buyers and tight supply of building lots and labour, the National Association of Home Builders said on Tuesday; U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low; U.S. retail sales recorded their largest gain in 1-1/2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter ....  Read More >>

  

 Upcoming CHHMA Events 


CHHMA Spring Conference & AGM
Wednesday, April 23, 2014
International Centre (Conference Facility), Mississauga, Ontario

CHHMA Maple Leaf Night
Tuesday, May 6, 2014
The Mirage Hotel & Casino, Las Vegas, Nevada

CHHMA Quebec Golf Classic
Thursday, May 22, 2014
Club de golf Le Fontainebleau, Blainville, Quebec

CHHMA Ontario Golf Tournament
Tuesday, May 27, 2014
Angus Glen Golf Club, Markham, Ontario

CHHMA Night at the Races
Wednesday, June 18, 2014
Woodbine Racetrack, Toronto, Ontario

Industry Memorial Golf Classic
Wednesday, October 1, 2014
Blue Springs Golf Club, Acton, Ontario

Industry Cocktail
Thursday, December 11, 2014
Casino de Montreal, Montreal, Quebec

CHHMA Industry Calendar

To register for all events visit our website at www.chhma.ca or call Pam Winter at (416) 282-0022 ext.21.


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"Eye On Our Industry" is published by the CHHMA as an information resource for our members. Member input regarding content and format is welcomed. Please contact Michael Jorgenson by email: mjorgenson@chhma.ca, or call at (416) 282-0022, ext. 34. CHHMA is located at 1335 Morningside Ave., Suite 101, Scarborough, ON, M1B 5M4 www.chhma.ca

Canadian Hardware & Housewares Manufacturers Association | 1335 Morningside Ave., Suite 101, Scarborough, ON M1B 5M4
Telephone: (416) 282-0022   Email: pwinter@chhma.ca