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CHHMA NEWS

CHHMA - EYE ON OUR INDUSTRY
Volume 11, Issue 07, February 17, 2011



Association News

2011 Spring Conference & AGM: "Boom, Bust & Bounce Back"
 
We are pleased to announce that  Paul Publow, founder and President of Logistics Services & Solutions Inc., together with a customs expert will be conducting a break-out session on importing and exporting during the CHHMA Spring Conference & AGM.  Read More >>
  

Mastering the Art of Negotiations Seminar - Delta, BC 
 
On Friday, March 11, 2011, CHHMA members have an opportunity to attend a seminar on the art of negotiating in Delta, BC.  The seminar will be conducted by Don Carmont, a training and development specialist from SkillPath Seminars.  The cost is $300 for CHHMA Members, $400 for non-members.  Read More>>


Industry News

Home Depot Canada to Hire 6,000 Workers

Home Depot Canada said on Tuesday that it is hiring more than 6,000 employees as part of a broader plan to beef up staff across North America before its busy spring and summer seasons.  Read More >>
 
Canadian Tire Reports Strong Fourth Quarter/Full Year Results 
 

Last Thursday, Canadian Tire Corporation, Limited reported that it nearly doubled its fourth-quarter profit compared with a year ago, helped by improved margins and lower interest costs.  Read More >>
 

TIM-BR MARTS Ltd. Management Changes

TIM-BR MARTS Ltd. has made some changes to its management team, under president and CEO Tim Urquhart. Steve Stremecki, formerly vice-president, retail sales, has been moved into a new role overseeing and growing corporate partnerships. Andrew Allen, formerly general manager of CanWel Hardware, will now be in charge of sales and operations, and will oversee merchandising in the stores, stocking and distribution. Jon Irwin, marketing manager, John Morrissey, VP building materials and Randy Martin, VP hardware remain in their current roles.



McLean Watson Investments Ltd. Purchases Controlling Interest of William Ashley

On Monday, it was announced that McLean Watson Investments Ltd. has purchased controlling interest of William Ashley.  Read More >>
 
Economic News


Resale Housing Market Heats Up in January

On Tuesday, the Canadian Real Estate Association (CREA) reported that Canadian home resales rose 4.5% in January from December, to the highest level since April 2010. The gains were led by Vancouver and Toronto.  Read More >>
    

Housing Market Will Be Stable Next Two Years: RBC

A report last week from the Royal Bank of Canada sees a stable housing market over the next two years. RBC is forecasting price gains of 0.5% in 2011 and 1.3% in 2012.   Read More >>
    

Canada's Trade Balance Moves to Surplus 

Statistics Canada reported last Friday that Canada's trade balance shifted into a surplus in December as merchandise exports rose 9.7% (the biggest gain in 30 years) to $37.8 billion. Canada's trade balance went to a surplus of $3 billion in December from a deficit of $115 million in November, the first trade surplus since February 2010.  Read More >>
  
U.S. Housing Starts Jump in January 

U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after a strong gain the prior month.  Read More >> 
 
U.S. Retail Sales Edge Higher in January

The Commerce Department said on Tuesday that total retail sales rose 0.3% to $318.6 billion (U.S.) in January, advancing for a seventh straight month, although the increase was the weakest since June.  Read More >>
  

 CHHMA Events For 2011

Canada Night
Sunday, March 6
InterContinental Hotel, Chicago, Illinois

Spring Conference & Annual General Meeting
Tuesday, April 5
International Centre, Mississauga, Ontario

Maple Leaf Night
Tuesday, May 10
The Mirage, Las Vegas, Nevada

Quebec Golf Tournament
Tuesday, May 17
Le Fontainebleau Golf Club, Blainville, Quebec

Ontario Golf Tournament
Wednesday, May 25
Angus Glen Golf Club, Markham, Ontario

Night at the Races
Wednesday, June 15
Woodbine Racetrack, Toronto, Ontario

Industry Memorial Golf Classic
Tuesday, September 27
Blue Springs Golf Club, Acton, Ontario

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

CHHMA Links


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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