Here’s to 2021

I’m pretty sure that the sentiment amongst most of us as we approach the end of 2020 is “finally!”

Has there been a year in recent memory that you wished was over more than the year we just endured? Have you ever wished more for New Year’s Eve to be over and done with?

If I never hear the words pandemic, unprecedented and Zoom again, it will be too soon.

With vaccines on the way, it looks as if a semblance of normality may appear as soon as spring, so as we turn the page the economic recovery plumbing and HVAC contractors are hoping for will no doubt depend on the evolution of the pandemic.

Recent medical developments are encouraging: Widespread distribution of a vaccine starting in the summer of 2021 could enable the Canadian economy to grow by 4.5 per cent or more, according to the Business Development of Canada (BDC). A later deployment would limit gains to 4 per cent. In any case, recovery to pre-pandemic activity levels will have to wait until 2022.

The BDC says Canada’s 2021 economic outlook is similar to that of other developed countries: After the largest economic contraction since 1945—a dip estimated at 5.5 per cent of GDP—the economy should grow sufficiently to largely offset the losses of 2020.

Strong consumption and a rebound in exports will give the Canadian economy a boost. Bringing forward government investment projects should also provide a tailwind to Canadian economic growth.

Conversely, the postponement of business investments and a slowdown in the housing market will limit the extent of the recovery.

What does this mean for small- and medium-sized businesses (SMEs)?

The “buy local” mindset is gaining popularity and could be a growth opportunity for Canadian businesses. However, the protectionist trend that is gaining ground in many countries may pose a threat to exporters.

On the bright side, the BDC predicts investment in technology, remote work and online sales will continue to be important trends for the progression and growth of Canadian SMEs in 2021.

Here’s to a return to normal in 2021.


Welcome to Plumbing & HVAC’s New Products and Applications Guide. You haven’t been able to see new products at tradeshows, so we thought we'd bring the products right to your inbox with our guide. Take a look! ... Full Guide
Trouble expected for trades as fewer people register for apprenticeship programs
Fewer people are registering for apprenticeship programs in Canada... Full story
Ont. government introduces legislation to halt increases to WSIB premiums
The Ontario government has introduced legislation that would stop unexpected increases to Workplace Safety and Insurance Board premiums—commonly referred to as WSIB... Full story
Digital collaboration will enable COVID-19 safety
A collaboration between Johnson Controls and Microsoft will support efficient and environmentally friendly design, construction and ongoing operation of buildings and spaces through modeling, analytics and digital control mechanisms... Full story
Ontario safety authority revises programs due to pandemic
The Technical Standards & Safety Authority (TSSA) will be implementing a new business model, fee structure, revised contractor audit program, and new compliant support programs in 2021... Full Story
Building construction investment drops for second month
Total investment in building construction edged down 0.4 per cent to $15.2 billion in October, following a 1.5 per cent decrease in September, according to the latest numbers from Statistics Canada... Full Story
Planning stage begins for CMPX
The pandemic is still going strong here in Canada, with the number of cases reported reaching all-time highs... Full Story
AHR Expo Product of the Year announced
The AHR Expo (International Air-Conditioning, Heating, Refrigerating Exposition) announced Infinitum Electric’s IEq, a high efficiency silicon carbide VFD, will reign as the 2021 AHR Expo Product of the Year... Full Story
Flood protection solution
Watts, Burlington, Ont., has upgraded their SentryPlus alert flood protection system...more

Compact thermal camera
Flir, Arlington, Virginia, announced their new C3-X compact thermal camera...more

Easy-install valve system
Moen, Oakville, Ont., announces their new M-Core valve system, designed with plumbers and trade professionals in mind...more

Injury prevention suit
Hilti, Mississauga, Ont., has partnered with Ottobock SE and Co. KGaA to develop exoskeletal systems...more


March 15 - 17, 2021

McCormick Place, Chicago, Illinois. Please visit for more information.

April 7 - 8, 2021

Palais des congrès de Montréal (Montreal Convention Centre), Montreal, Québec. Please email or phone 1-800-639-2474 for more information

MEET 2021
May 5 - 6, 2021

Moncton Coliseum, Moncton, New Brunswick. Please visit or email for more information

Current Issue
Plumbing & HVAC
  • Winning the bid
  • Indoor air quality
  • Hydronic freeze protection
  • Rethink your business
NovemberDecember 2020
Copyright © 2020 Marked Business Media Inc all rights reserved | Designed and Developed by