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CHHMA NEWS

CHHMA - EYE ON OUR INDUSTRY
Volume 13, Issue 08, February 20, 2013

Inside This Issue:

• CHHMA Spring Conference & AGM Offers Break-Out Session on Sustainability in the Manufacturing Sector
• Home Hardware’s Terry Davis to Speak to CHHMA Members on May 15th
• Sign Up Now to be a Sponsor at Maple Leaf Night in Las Vegas 
• CHHMA Offering Two Great Educational Seminars  
• Register for Jeff Kinnaird (Home Depot Canada) Breakfast Seminar
• Still Time to Register for Canada Night in Chicago
• IHA Announces Second Annual Innovation Awards Finalists
• Canadian Home Sales Down 5.2% Year-Over-Year in January, but Prices Climb 2%
• Wholesale Sales Fall 0.9% in December  
• Manufacturing Sales See Largest Decline Since the Recession 
• IMF Says Canada’s Housing Market Still Overvalued, Economy Should Pick Up Later this Year
• Canada’s House Price Correction to Continue for Another Two Years, Says Mark Carney
• Euro Zone Economy Shrinks Most Since 2009
• Latest U.S. Economic News


Association News


CHHMA Spring Conference & AGM Offers Break-Out Session on Sustainability in the Manufacturing Sector           
 
During this year’s CHHMA Spring Conference & AGM, we will be offering a break-out session called “Sustainable Manufacturing: Drive Value Through Regulatory Compliance” presented by Ernst & Young. This break-out session will assist attendees in understanding both the disclosure obligations that you might face, and how you can capitalize on the opportunities these obligations present to drive business value.  Read More >>



Home Hardware’s Terry Davis to Speak to CHHMA Members on May 15th   
 
The CHHMA is pleased to announce that Mr. Terry Davis, Executive Vice-President & Chief Operating Officer at Home Hardware Stores Limited, will be the guest speaker at a breakfast seminar to be held on the morning of Wednesday, May 15, 2013, at the International Centre (Conference Facility) in Mississauga. Read More >>



Sign Up Now to be a Sponsor at Maple Leaf Night in Las Vegas 
 
Maple Leaf Night is taking place this year on the evening of Tuesday, May 7, 2013 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 7-9).  The CHHMA is now looking for companies to be sponsors 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. Regular individual tickets are $160 CDN or $200 CDN at the door. Retailers/customers are invited to attend complimentary on behalf of the sponsors. Click here for a PDF Sponsorship Request form.
Regular registration for the event will be open in a few weeks time.



CHHMA Offering Two Great Educational Seminars 
 
The CHHMA is pleased to announce that we will be offering a new educational seminar entitled “Maximizing Accounts Receivable Collections: Keys to Success from the Legal Trenches!”  No matter what business you are in, avoiding and reducing bad debts and maintaining cash flow is the difference between success and failure in today's competitive economy. Debt recovery law experts from Cambridge LLP will be on hand to share their years of experience to get and keep your company in the black! The seminar will be held on Wednesday, March 20, 2013 at the Courtyard Vaughan Hotel, 150 Interchange Way, Vaughan, ON L4K 5P7 from 10:30 a.m. to noon. Cost to attend is $49.95 + HST. Further details and registration information will be made available next week.

The CHHMA previously announced that we are offering members hands-on training on Microsoft Outlook 2010 provided by Canada’s leading corporate training company – ctc TrainCanada (a Microsoft partner). Two duplicate three-hour sessions are being offered on Wednesday, April 24th at ctc Train Canada’s Mississauga facility at 201 City Centre Drive. The morning session will run from 9:00 a.m. to noon and the afternoon session from 1:00 p.m. to 4:00 p.m.  Read More >>



Register for Jeff Kinnaird (Home Depot Canada) Breakfast Seminar   
 
The CHHMA is pleased to be presenting Mr. Jeff Kinnaird, Vice-President of Merchandising, The Home Depot Canada, as the guest speaker at our next breakfast seminar to be held on the morning of Wednesday, March 27, 2013, at the International Centre (Conference Facility) in Mississauga. During the presentation, Mr. Kinnaird will discuss the next phase of the DIY Revolution, its profound effect on the industries manufacturers and The Home Depot Canada’s approach. There will also be a question and answer period following the presentation.  For further details and to register for the breakfast event, click here.


 
Still Time to Register for Canada Night in Chicago     
 
The 64th Canada Night is taking place on Sunday, March 3, 2013 at the InterContinental Hotel in Chicago from 6:30 p.m. to 8:30 p.m. 
If you are attending the International Home+Housewares Show in Chicago be sure to attend Canada Night as well. The event provides an opportunity for Canadian vendors, agents, and suppliers in town for the show to mix and mingle with their peers as well as Canadian retailers in a convivial environment celebrating the common bond of being Canadian while enjoying the beer and wine bar and some excellent cuisine.  For further details and to register, click here.



Industry News
 
IHA Announces Second Annual Innovation Awards Finalists          
 
Last Wednesday, the International Housewares Association (IHA) released the names of the 65 finalists in the Second Annual IHA Innovations Awards.  Winners in each of 13 categories will be announced during the International Home+Housewares Show in a ceremony at 4:30 p.m. Saturday, March 2 in the Innovation Theater, Room E350, Lakeside Center, followed by a reception at the Innovation Awards display in the Hall of Global Innovation (Lakeside Center Lobby).  The 2013 International Home+Housewares Show opens at 10 a.m. on March 2 and runs through 3 p.m. March 5.  More than 400 entries were received and were judged by a panel of industry experts and news media. The finalists will be on display in the New Product Showcases located in the Buyers Club in each show building. “We are pleased to honor exhibitors' cutting-edge innovations. Congratulations to all of the finalists,” said Phil Brandl, IHA president.  Click here to see a list of the finalists.
 


Economic News
 
Canadian Home Sales Down 5.2% Year-Over-Year in January, but Prices Climb 2%             

The Canadian Real Estate Association (CREA) said last Friday that national home resales through MLS edged up 1.3% in January from December, although sales were down 5.2% from the same month last year.  The monthly sales increase marked the fifth month in a row that national sales activity has shown little change from levels in the previous month.  Read More >>



Wholesale Sales Fall 0.9% in December
 
Statistics Canada reported on Tuesday that wholesale sales in Canada fell 0.9% to $49 billion in December, after rising 0.7% in November. The decrease was largely a result of lower sales in the computer and communications equipment and supplies industry. The same industry was behind November's increase.  Read More >>
 


Manufacturing Sales See Largest Decline Since the Recession
 
Statistics Canada said last Friday that manufacturing sales in Canada dropped 3.1% in December to $48 billion, the largest decline since May 2009.  Just over half of the decrease reflected lower sales in the transportation equipment industry. Sales were also down in the chemical, petroleum and coal product as well as the fabricated metal product industries.  Read More >>



IMF Says Canada’s Housing Market Still Overvalued, Economy Should Pick Up Later this Year
 
The International Monetary Fund (IMF) said in its annual report last Thursday that Canada’s economy will grow by 1.8% in 2013, hobbled by a weak second-half handover from the previous year.  But GDP is expected to speed up “thanks to the strengthening of the U.S. economy from mid-2013,” with the IMF pegging Canadian growth at 2.3% for 2014. The IMF also said the housing sector is “an important source of vulnerability,” citing the high household debt-to-income ratio. Should the ratio continue to rise, “additional measures may be needed.”  Read More >>


 
Canada’s House Price Correction to Continue for Another Two Years, Says Mark Carney
 
The correction underway in Canadian house prices is likely to persist for another two years, warns Bank of Canada Governor Mark Carney.  “We’ve seen the adjustment in the housing market. We think there’s a bit more to come over the next couple of years,” Mr. Carney told CTV’s Question Period in an interview broadcast last Sunday.  Read More >>


 
Euro Zone Economy Shrinks Most Since 2009
 
The euro zone slipped deeper into recession during the fourth quarter of 2012 with its worst performance in almost four years, as its largest economies, Germany and France, shrank markedly at the end of the year.  It marked the currency bloc’s first full year in which no quarter produced growth, extending back to 1995.  Read More >>


 
Latest U.S. Economic News
 
U.S. Housing Starts Fall in January, But Permits Up;  U.S. Home Builder Confidence Slips a Bit But Still Near 7-Year Peak  Read More >>
  

 Upcoming CHHMA Events 

Canada Night
Sunday, March 3, 2013
InterContinental Hotel, Chicago, Illinois

Maximizing Accounts Receivable Collections Educational Seminar
Wednesday, March 20, 2013
Courtyard Vaughan Hotel, Vaughan, Ontario

Jeff Kinnaird (Home Depot Canada) Breakfast Seminar
Wednesday, March 27, 2013
International Centre (Conference Facility), Mississauga, Ontario

CHHMA Spring Conference & AGM
Wednesday, April 10, 2013
International Centre (Conference Facility), Mississauga, Ontario

Microsoft Outlook 2010 Training Sessions
Wednesday, April 24, 2013
ctc TrainCanada Facility, Mississauga, Ontario

CHHMA Maple Leaf Night
Tuesday, May 7, 2013
The Mirage Hotel & Casino, Las Vegas, Nevada

CHHMA Quebec Golf Classic
Thursday, May 23, 2013
Club de Golf Le Fontainebleau, Blainville, Quebec

CHHMA Ontario Golf Tournament
Tuesday, May 28, 2013
Angus Glen Golf Club, Markham, Ontario

CHHMA Night at the Races
Wednesday, June 12, 2013
Woodbine Racetrack, Toronto, Ontario

Industry Memorial Golf Classic
Tuesday, October 1, 2013
Blue Springs Golf Club, Acton, Ontario

 

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