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CHHMA Spring Conference & AGM 2002


The CHHMA's 36th Annual General Meeting & Congress was held on Wednesday, April 3, 2002 at the Sheraton Parkway Toronto North Hotel, Richmond Hill, Ontario.

Congress

This year's Congress was extremely well received by those members who attended the AGM. The CHHMA featured four key speakers, divided into a morning and afternoon program.

The morning session consisted of Don Drummond, Senior Vice President and Chief Economist, Toronto Dominion Bank and Michael Sloopka, President, Negotiating Coach.

Following the luncheon and awards presentations, the audience heard from Canadian Tire Retail's President, Mark Foote, and Reg McLay, Vice President, Home and Leisure Division. 

Don Drummond
Vice President and Chief Economist
Toronto Dominion Bank

 


"Recovery is Here" was the title of Don Drummond's presentation at the CHHMA's 36th Annual General Meeting & Congress. Mr. Drummond outlined some of the negative and positive forces affecting the economic outlook in 2002.
These forces will result in moderate economic recovery, low, but rising inflation and interest rates returning to neutral.

The pronounced U.S. inventory cycle, business inventories-to-sales ratio will see a small decrease in 2002, continuing through into 2003.  Good news seems to have hit the U.S. labour market in the early part of 2002. January shows an increase of approximately 100,000 jobs.  Growth throughout the world will improve a little in 2002 with the exception of Japan. Asia will undergo the largest change at 5.1 percent in 2002 and 5.8 percent in 2003.  The U.S. Federal Government will raise the rates to "neutral" levels.

A huge employment drop was seen in the manufacturing sector throughout 2001, the largest hit being in the later months. January and February 2002 have shown a dramatic increase in manufacturing employment, bring us almost back to where we were in January 2001.

The Canadian real gross domestic product show strong grow in the upcoming year. Which will continue throughout 2003.  Canada's industries will see a performance increase in 2002. The Information and Cultural Industries will see the largest change at 7.7%. The Manufacturing Industry will have an increase of 3.9% while the Wholesale and Retail Trade Industry will increase by 2.9%.  Canada as a whole will see an increase in the real gross domestic product. Ontario and the Atlantic provinces show the largest increase for 2002, at 2.6% and 2.8% respectively. The numbers for 2003 show the largest increase to be in Alberta at 4.3%.  Canada's consumer price inflation will return to the midpoint of the Bank of Canada target range. The Bank of Canada overnight target rate will begin to rise in June 2002. There has been a steady decrease in rates which started in January 2001. The Canadian dollar will experience a cyclical recovery in 2002 and continue to climb through 2003.


Michael Sloopka
Negotiating Coach

 


In today's increasingly complex and competitive marketplace, effective negotiating is the key to personal and organizational success. The CHHMA Annual General Meeting & Congress hosted Michael Sloopka, Negotiating Coach. Mr. Sloopka presented an executive overview called "Secrets of Power Negotiating".

Michael Sloopka's ideas and techniques attracted everyone's attention in the room. He talked about real life situations in both business and personal life. Stating that negotiating in all areas of life can follow the same format.

Members in attendance gained real value from Michael's Presentation. Many people expressed their interest in the CHHMA hiring Michael Sloopka for a more in-depth workshop.

Mark Foote
President
Canadian Tire Retail

Reg McLay
Vice President
Home and Leisure Division
Canadian Tire Retail


The CHHMA was very pleased this year to have two guest  speakers from Canadian Tire Retail, Mark Foote, President and Reg McLay, Vice President, Home and Leisure Division. Canadian Tire is Canada's most shopped retailer with 450 stores located nationwide.
Attendees of the presentation gained valuable knowledge and insight into what direction Canadian Tire will be focusing on in the near future. Mr. Foote and Mr. McLay spoke of their product lines, market focus and advertising.
"This presentation will help members better understand the strategies behind some of the buyer's decisions, and can only help in future relations and vendor presentations." said Vaughn Crofford, President, CHHMA.

Board of Directors

The Canadian Hardware & Housewares Manufacturers Association (CHHMA), elected its 2002-2003 Board of Directors at the 36th Annual General Meeting & Congress held on April 3, 2002 in Toronto. Appointed as Chairman of the Board for a second term is Pierre Vachon, General Sales Manager at Sico Inc., Montreal. M. Vachon is a 33-year industry veteran.




The CHHMA welcomes the following Executive Committee appointments for 2002-2003:

Pierre Vachon, Sico Inc., Chairman
Jim Rotz, Pyrene Corporation, First Vice Chairman
Wendy Hanson, Varimpo Products Inc., Second Vice Chairman
John Seymour, Hamilton Beach-Proctor Silex, Treasurer
Fred Pierce, Patrick Plastics, Past Chairman
 
Returning to the Board of Directors for 2002-2003 are:

Micheal Black, Armid Marketing, Director
Gerry Byle, Honeywell Consumer Products, Director
James Furgale, Furgale Industries Ltd., Director
Bryan Gilbart, Envirogard/Rainfresh Water Filters, Director
Richard Guidon, Dural, Director
Tony Duffy, Tremco Canada, Director
Dave McKeller, Delta Faucet Retail, Director

The CHHMA Board of Directors is pleased to announce the following new board members for 2002-2003.

Timothy Hunt, Emerson Tool Company, Director
Bob Kendall, Ipex Homerite Products, Director
Stewart Mathie, Drummond Metal Products, Director

Industry Hall of Fame Inductees

Since 1984, the Hall of Fame award has honoured individuals who have been builders of successful enterprises, through their leadership and innovation.

This year the CHHMA has the honour and privilege to welcome Carl Grittner and Lewis W. Simms into the Hall of Fame.



Carl Grittner retired as president of Revy Home Centres after 25 years at the helm. During his years at Revy he built the company from $18 million in sales to over $800 million. Mr. Grittner will recieve his award at the CHHMA Western Golf Tournament on May 28, 2002.



Lewis W. Simms, or L.W. as he preferred to be called, became the president of T.S. Simms & Co Limited. at the age of 24, following the death of his father in 1908.  Within three years he was able to double the sales. making Simms one of North America's pre-eminent broom and brush applicator manufacturers. Mr. Simms passed away in 1957. Accepting the awrd on his behalf were his grandson's Tom Simms and Richard Simms.

Distinctive Services Award



This year the Distinctive Services Award was presented to an individual who has served the Association time and time again and is the consummate salesman for the CHHMA and our programs:

Bryan Gilbart
Vice President of Marketing & Sales
Envirogard/Rainfresh Water Filters.

Mr. Gilbart has been a very active member of the Association throughout his career. He always strives to ensure members' needs are being met and that the Association remains a positive force in the industry.







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