Canadian car parts suppliers poised for growth – The Globe and Mail #auto #insurance #quotes #online


#canadian auto parts
#

Canadian car parts suppliers poised for growth Add to.

Auto sales in the United States – still Canada’s most important parts market despite boom times in China and South America – rose 13.5 per cent in 2012 to nearly 14.5 million vehicles. This year, U.S. sales will reach 15.3 million vehicles, estimates Polk, a Southfield, Mich.-based research firm.

Polk cites low interest rates, a healthier housing sector and a wave of new vehicles introduced by major auto makers as reasons for the growth. Consumers are eager to trade in their worn-out vehicles after delaying purchases during tough times.

“They’re facing the best decade in their history,” said Dennis DesRosiers, an industry consultant in Richmond Hill, Ont. “No later than two years from now, we’re going to have a record level of production in North America, and if you produce record numbers of vehicles, you’re going to have record (parts) supply.”

The steady recovery by Ford Motor Co. General Motors Co. and Fiat SpA’s Chrysler Group LLC from their recession-induced slump is just one factor that suggests better times lie ahead.

As part of the Detroit Three’s restructuring, supplier lists are being reduced by up to half, giving survivors a bigger piece of the pie, said BMO Capital Markets auto-parts analyst Peter Sklar. Further buoying Canadian suppliers is growing demand for global parts supply as auto makers increasingly build vehicles on shared platforms to cut costs and use common parts.

“We think this is a good entry point for investors, in terms of valuation,” he said. “They’re at the low end of the range of where they’re going to trade. For this year, for 2013, we think they’re all going to have good earnings growth, so the stocks are going to go up.”

In the last market cycle, torpedoed by the 2008-09 auto sector meltdown, Canadian parts suppliers generally traded at four to six times enterprise value to EBITDA (earnings before interest, taxes, depreciation, and amortization), Mr. Sklar said.

He forecasts valuations of five to seven times that ratio. But Magna is now trading at about five times trailing EBITDA, Martinrea 5.2 times, Linamar 5.9 times, with smaller Exco Technologies Ltd at 5.2 times, he said.

Canadian supplier stocks are also cheaper than those of blue-chip U.S. rivals such as Johnson Controls Inc. and BorgWarner Inc. Mr. Sklar said.

To capitalize on favourable conditions, the country’s biggest suppliers must develop cutting-edge components, experts say.

Tougher fuel economy standards and a hyper-competitive auto market that is hungry for consumer-appealing electronics will require advanced parts, said Steve Rodgers, president of the Automotive Parts Manufacturers’ Association.

“It’s going to be absolutely crucial for them to continue to drive their R D capabilities,” he said in a phone interview from the recent Detroit auto show.

Fuel efficiency standards for U.S. cars and light trucks will soar to 54.5 miles a gallon in 2025, building on a rule raising fuel economy to 35.5 mpg for 2011 to 2016 model year vehicles.

That is “changing a lot of directions in technology,” Mr. Rodgers said. Alongside increased interest in diesel systems, there is a push for advances ranging from lighter, alternative and composite materials to higher-speed transmissions, he said.

Ford, whose F-150 pickup is the best-selling vehicle in the United States, recently gave a sneak peek at its lighter, more fuel-thrifty truck. A new turbocharged engine and a more aerodynamic grill and wheels will help wring more miles per gallon.

Canada recently committed $250-million to an extended auto R D fund, matching the money in its initial 2008 program, but critics say that is insufficient to draw new assembly plants, the lifeline of parts suppliers.

Tony Faria, an auto industry expert at the University of Windsor in Ontario, argues such subsidies are imperative. Even if the funds don’t lure new plants, they help germinate research and technology crucial to existing manufacturing and suppliers.

To be sure, Canada’s top suppliers must also keep opening plants close to auto makers that are expanding in hot-house markets outside North America.

Magna, one of the world’s largest parts suppliers, had 305 manufacturing plants in 27 countries as of last quarter.

“If you’re going to be a major player in the auto parts industry, you’ve got to be where production is occurring,” Mr. Faria said. “For the last 10 years now, we’ve seen the bulk of new vehicle assembly going to China, India, Brazil, Russia.”

Fully 50 per cent of new auto assembly investment went to China in the last two years, he said.

China, the world’s biggest auto market, is expanding its reach. Shareholders of Wescast Industries Inc. vote on Feb. 21 on a drawn-out $145.6-million takeover bid by China’s Sichuan Bohong Industry Co. Ltd.


Canadian Tire – Auto Parts & Supplies – Marpole – Vancouver, BC – Reviews – Photos #mobile #auto #repair


#canadian tire auto parts
#

Recommended Reviews

Note: This review is specifically centered around their gardening section. So if you re not looking for insight into things you put in the… Read More

Note: This review is specifically centered around their gardening section. So if you re not looking for insight into things you put in the dirt, move along.

I kill plants.

I know a lot of people say this, but I truly have a gift. If you can kill a plant in a month, i ll kill it in 8 days. Last gardening season, I even managed to send a plastic plant to its grave. granted, it got tipped over by a raccoon, but who put it on that table? Me.

So when I say, i m a gardening newbie, you know exactly where i m coming from.

To be honest, i m not usually a huge Canadian Tire fan. I mean, is it a hardware store? A furniture store? A sports supply store? PICK A GENRE! BUT, this week I found out that this is the BEST place for those venturing into Gardening 101.

Unlike it s competition and their rather haphazard/unlabeled garden section (if you re that curious, see my last review), this place is an information goal mine. All the plants are clearly labelled. so when you re looking for a hosta and have no idea what a hosta IS? CT saves the day.

Soil. honestly, how can there be THAT many types of dirt. But fear not newbie, CT will stack them neatly and give you a handy dandy sign tutorial, complete with what is best for containers vs. in ground gardens. apparently, they need different dirt. Who knew?!

The prices are reasonable and though I didn t actually see a staff member while I was there, the place was so impeccably organized, I didn t need one. It s not as picked over as some of the other spots (as of yesterday), and they had Whimsical Watering Cans (actual name), which I gleefully bought three of.

So I will enter into another season of plant killing with a good arsenal of supplies and a little bit of whimsicality. And for gardening needs in a month when i ve killed the first lot? This place is the go-to.


Home – Canadian Automotive Industry #performance #auto


#canadian auto parts
#

Vehicles Made in Canada

The Canadian automotive industry produces light duty vehicles cars, vans, pickup trucks; heavy duty vehicles trucks, transit buses, school buses, military vehicles; and a wide range of parts, components, and systems used in vehicles of this nature. To complement its manufacturing activities, the industry boasts a well-developed vehicle dealer network, plus an aftermarket organization which has grown into a world-class distribution system and service provider.

The Canadian automotive industry is:

  • Integrated into NAFTA (i.e. Canada, U.S. Mexico)
  • Globally competitive
  • The eighth largest in the world with positive trade balance
  • A major contributor to the Canadian economy, employing over half a million people

Automotive Innovation Fund (AIF )

The program has been established to provide $250 million over five years to automotive firms in support of strategic, large-scale research and development projects to build innovative, greener and more fuel efficient vehicles.


Canadian Tire: Quaker State Advanced Durability Motor Oil, 5L. #matthews #auto


#canadian tire auto parts
#

Baby Apparel

  • Children s Apparel

  • Men s Apparel

  • Women s Apparel

  • Men s Shoes

  • Women s Shoes

    Get all the latest Deals Coupons

    delivered to your inbox!

    Subscribe

    You can unsubscribe at any time.

    Automotive Deals View All

    Auto Parts Accessories

  • Auto Services

  • Other

    Get all the latest Deals Coupons

    delivered to your inbox!

    Subscribe

    You can unsubscribe at any time.

    Beauty Wellness Deals View All

    Beauty Supplies Personal Care


  • Term Life Insurance for Canadians #cover #me, #coverme, #manulife, #life #insurance #plan, #canadian #term #life #insurance, #insurance #quotes, #whole #life #insurance, #life #insurance #benefits, #apply #online, #request #a #brochure, #get #a #quote, #claims, #manufacturers #life #insurance #company


    #

    CoverMe Term Life Insurance

    The affordable way to ensure your loved ones are protected

    If you are between the ages of 18 and 55, CoverMe Term Life insurance lets you get up to $250,000 in instant coverage – with no medical exam – just by completing a simple health questionnaire online. Even if you already have some life insurance elsewhere, the low cost of CoverMe Term Life makes it easy to ‘top up’ your existing coverage. Get your quote now by visiting our new Instant Quote website. Get your quote now by visiting our new Instant Quote website.

    For those between the ages of 18 and 70, we offer CoverMe Term Life insurance coverage in amounts from $100,000 up to $1,000,000. You can choose the amount of coverage that best suits your family and budget, so you won’t end up paying for something you don’t want or need. The CoverMe Term Life insurance plan gives you a simple, economical way to secure your family’s financial security.

    CoverMe Term Life premiums are based on your age, so the younger you are when you apply, the lower your rates will be. Apply now – before your next birthday – and you’ll pay a lower premium. The premium you pay when you apply is guaranteed not to increase for 10 years.

    Simple, affordable protection
    Dollar for dollar, term life insurance offers you one of the most economical ways to get the maximum amount of protection.

    Insurance that covers you – and your spouse
    Choose the amount of coverage that suits your lifestyle and budget – from $100,000 up to $1,000,000. Your spouse should consider applying for coverage as well. Use our calculator to estimate how much life insurance you both may need.

    Applying is fast and easy
    Apply online in the comfort of your home whenever it’s convenient for you. If you’re between the ages of 18-55 and want $250,000 or less in coverage, no medical exam is required upon application. All you have to do is complete a health questionnaire and you can receive instant coverage. 1 Learn more

    Premiums are guaranteed for 10 years
    Premiums are set and guaranteed for 10 years when your policy is initially issued. Renewal premiums are not guaranteed, which means that they will increase at each 10-year renewal (as you get older), but once your renewal premiums are set, they will remain the same for the next 10-year term. 2

    Coverage is renewable up to age 85 – guaranteed
    Your coverage is guaranteed renewable up to age 85 – regardless of any changes in your health. Your coverage will not be cancelled as long as your premiums are paid.

    No medical underwriting upon renewal
    When your coverage renews in 10 years, it will be at your new age-based rate – without any medical exams or questionnaires required at the time of renewal.

    Conversion to a Permanent Life insurance policy
    If you wish, you can convert your CoverMe Term Life insurance policy at any time before your 70th birthday without providing medical information or undergoing a medical examination at the time of conversion. You are limited only by the Manulife conversion products available and their restrictions regarding coverage amount and minimum premium. For more information about conversion options contact us.

    Lump-sum benefit
    In the event of your death, your beneficiaries will receive a tax-free benefit. They can use the lump-sum payment towards the mortgage, outstanding debts and loans, living expenses, education expenses. the choice is theirs.

    Living Benefit included – at no additional cost
    Should you be diagnosed with a terminal illness with less than 12 months to live, you may be eligible for a compassionate one-time cash advance of up to 50% of your term life insurance coverage (to a maximum of $100,000). This cash advance is tax-free and yours to use however you wish. 3

    You own your coverage
    Unlike group coverage that can change or end as you move from one employer to another or retire, you will “own” your CoverMe Term Life insurance coverage up until age 85.

    Earn AIR MILES � reward miles
    When you pay your premiums monthly, you have the opportunity to collect AIR MILES � reward miles every year as a CoverMe Term Life policyholder.

    30-Day Money-Back Guarantee
    If you are not completely satisfied with your CoverMe Term Life insurance policy, you may return your policy to Manulife within 30 days of the issue date to have your coverage cancelled and your entire premium will be promptly refunded.

    1 To be eligible for instant coverage, you must meet the approval guidelines of our health questionnaire.
    2 Renewal premiums are not guaranteed. However, at each 10-year policy anniversary, when you renew at the then applicable premiums, your premiums will remain the same for the next 10-year term.
    3 To be eligible for the CoverMe Term Life Living Benefit, you must be less than 83 years of age and your policy must be in effect for at least two years.

    Apply Before Your Birthday

    Your premiums are based on your gender, smoking status and your age at the time of application. Apply now. before your next birthday, and you will save money by locking in at a lower premium for the next 10 years.

    Satisfaction guaranteed – or your money back!

    Once you receive your CoverMe Term Life insurance policy, review it carefully. If you are not completely satisfied, you may return your policy to Manulife within 30 days of the issue date to have your coverage cancelled, and your entire premium will be promptly refunded. No questions asked.

    CoverMe Term Life Important Notice

    This is not a contract. Actual terms and conditions are detailed in the policy issued by Manulife upon final application approval. It contains important details concerning exclusions, conditions and limitations. Please review them carefully upon receipt.


    Federated Adds Canadian Tire To Membership #auto #racing #helmets


    #canadian tire auto parts
    #

    Federated Adds Canadian Tire To Membership

    July 10, 2014 12:00 AM

    STAUNTON, Va. Canadian Tire has announced its membership in the Federated Auto Parts group, one of North America s largest and leading auto parts distributors. Effective July 9, the relationship is anticipated to provide strong benefits to both organizations, including Canadian Tire s robust customer and dealer network across Canada.

    With more than 580 Canadian Tire retail and PartSource locations across Canada serving more than 180 million customers a year, Canadian Tire s family of companies is one of Canada s most recognizable brands and is a leading destination for automotive parts and service.

    At Canadian Tire, we re continuously focused on providing excellent service both to our customers and our network of vendors and partners across the country, said Michael Broderick, senior vice president of automotive, Canadian Tire. Federated shares our dedication and provides not only high-quality parts and service, but additional support in critical areas such as training, information technology, market trends and supply chain efficiency.

    Federated is extremely proud to be associated with a company that has demonstrated a long-term commitment to outstanding product selection and service in the Canadian market, said Rusty Bishop, CEO of Federated. We look forward to supporting their efforts in the ever-changing vehicle repair segment.


    Canadian Tire joins Federated Auto Parts #auto #glym


    #canadian tire auto parts
    #

    Canadian Tire joins Federated Auto Parts

    Want more. Enjoy a free subscription to Aftermarket Business World magazine to get the latest news in the Automotive Aftermarket Industry. Click here to start you subscription today.

    With more than 580 Canadian Tire retail and PartSource locations across Canada serving more than 180 million customers a year, Canadian Tire s family of companies remains amongst one of Canada s most recognizable brands and is the leading destination for automotive parts and service, the company said.

    At Canadian Tire, we re continuously focused on providing excellent service both to our customers and our network of vendors and partners across the country, said Michael Broderick, Senior Vice President of Automotive, Canadian Tire. Federated shares our dedication and provides not only high quality parts and service, but additional support in critical areas such as training, information technology, market trends and supply chain efficiency.

    Federated is extremely proud to be associated with a company that has demonstrated a long term commitment to outstanding product selection and service in the Canadian market, said Rusty Bishop, CEO of Federated. We look forward to supporting their efforts in the ever changing vehicle repair segment.

    Subscribe to Aftermarket Business World and receive articles like this every month .absolutely free. Click here .


    Allstate ranks best and worst Canadian cities for auto accident claims #auto #speakers


    #best auto insurance rates
    #

    Allstate ranks best and worst Canadian cities for auto accident claims

    Drivers in Spruce Grove, Alta. are the least likely on the list to have this happen to them. (Thinkstock)

    You may want to pay extra attention if you spend time behind the wheel in Montreal: you are almost three times as likely to be involved in an auto accident than if you drive in Spruce Grove, Alta.

    At least that’s what Allstate Canada’s latest safe-driving survey suggests. The same goes Halifax, of all places, for some Toronto suburbs and for our nation’s capital.

    While the rate of deaths and injuries due to auto accidents keeps falling nationally despite more cars on the road, we seem to be bumping into each other with more frequency.

    According to the insurance company’s data from its seventh such study, there’s been a 7.3 per cent increase in collisions reflected in a rise of Allstate insurance claims to 5.57 per 100 vehicles from 5.19 in the last study.

    At least some of that can be attributed to the recent harsh winters in central and eastern Canada, says Jason Foroglou, agency manager for Allstate’s Curtis-Oshawa branch.

    “Probably number 1 is weather,” he told Yahoo Canada. “The majority of frequencies [of claims], if you look at some of our data, is occurring in the winter months.”

    Indeed, claims start ramping up in November and peak December through February, according to the Allstate data.

    But there are other factors as well.

    “When I start to see lower gas prices, lower unemployment, that kind of tends to lead to more people on the roads,” Foroglou said. “More people on the roads, more cars on the roads, more traffic, more congestion, leads to more collisions.”

    Rear-end collisions and distracted driving link

    Distracted driving is also a prime suspect, he said, especially in rear-end collisions. They account for more than one in four collision claims for Allstate outside Quebec, where they run third behind hitting parked cars and intersection crashes.

    Tailgating and driving too fast for weather conditions account for some rear-enders but our obsession with staying connected is probably part of it.

    “Maybe the phone rang and they looked over, or their phone beeped and they got a text and they thought they could read it quickly,” Foroglou said.

    Outside Quebec, rear-enders are followed closely by crashes while turning or being in an intersection (23.54 per cent) and hitting parked vehicles (13.57 per cent). Injudicious lane changes account for another 11.24 per cent of claims.

    Spruce Grove, an Edmonton bedroom community with a population of roughly 26,000, had the lowest claims rate of 3.43 per cent. The community’s claim frequency dropped 19 per cent from the previous study, which covered 2011-13, boosting it to No. 1 from its previous ranking of 17th.

    Halifax, population 390,000, topped out at 7.12 per cent for 2013-15, compared with 5.76 per cent, dropping it to 81st and last from 73rd among communities outside Quebec in the previous study.

    The Toronto-area cities of Ajax, North York and Scarborough take three of the bottom five rungs behind Halifax, with Ottawa squeezed in at No. 4.

    “Those ones kind of don’t surprise me,” said Foroglou. “You’ve got areas of very dense populations and lots of traffic.”

    They also have high volumes of commuters, often driving to and from work in the dark, when hazards such as black ice or parked cars jutting into traffic lanes can be harder to spot.

    But smaller Ontario communities stack up behind Spruce Grove at the top of the rankings with less than four claims per 100 vehicles. Foroglou thinks that may be due to demographics.

    “In towns where you have a higher population density of retirees, they’re traveling more during the day versus late at night,” he said. “They’re not really in a rush to get anywhere fast.”

    He also suspects they’re less likely to be using their smartphones while driving.

    High claims rates in Quebec

    Allstate produced separate results for Quebec. Montreal exceeded Halifax’s poor claims frequency, posting 9.33 claims per 100 cars, though that’s an improvement of six per cent from the previous results. In fact, the 15 of the 20 Quebec communities had claims frequencies worse than Halifax. However, the overall collision claim frequency for Quebec declined 2.3 per cent.

    Pointe-Claire, a suburb of Montreal, had the best performance in the province for the second year in a row at 6.34 per 100 vehicles.

    The Allstate study is not truly national. It covers Ontario, Quebec, Alberta, New Brunswick and Nova Scotia, involving communities where the company has at least 1,500 vehicles insured.

    Some other interesting facts from the study:

    • The most dangerous day to drive is Friday, with a 16 per cent collision frequency percentage in Quebec, 17 per cent in the other surveyed provinces. Sunday seems the safest at 10.5 and 11.8 respectively;
    • The date with the fewest collision claims is Christmas Day, Dec. 25, while Dec. 23 has the most outside Quebec and Jan. 15 in la belle province;
    • June features the lowest claims rate, at six per 100 in Quebec and 4.6 elsewhere.

    Canadian trucking companies, trucking related companies in Canada #best #insurance #companies #canada, #canadian #trucking #companies #canada #freight #truck #company #alberta #ontario


    #

    Canadian trucking companies and trucking related companies in Canada

    CanadaTransportation.com is an internet directory dedicated to the trucking and logistics industry in Canada. Inside our listing you’ll find hundreds of companies in industries such as transportation, trucking, supply chain, logistics, warehousing, distribution, freight, forwarding, third-party logistics, movers and more. Our directory listings are fully searchable and contain the company or organization name, key products and services, service description, address, phone, and other contact information.

    Flatbed trucking
    LTL shipping Shipping via rail

    Browse Companies by Province

    Newfoundland and Labrador

    Prince Edward Island

    Browse Companies by Category

    Truckload, LTL, Local, Dry Van, Long Haul, Flatbed, Air Ride, Flat Deck.

    Third Party Logistics, Logistics Providers, Dedicated Logistics.

    Container Freight, Freight Brokers, Air Freight, Forwarders, Intermodal.

    International Forwarders, Export & Import, International Air Freight.

    Warehousing, Temporary storage, Cross Docking, Distribution, Storage.

    Local Movers, Residential Movers, Commercial Movers, Long Distance Movers.

    Browse Companies Serving Trucking Industry

    Fleet Management Software, Transportation Software, Trucking Software.

    Pilot Car, Truck Repair, Consulting, Trailer Repair, Insurance, Trailer Rentals.

    Truck Parts, Equipment, Used Truck Sales, Used Trailer Sales, New Trailers Sales.

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    Select a Category

    more info about this

    more info about this

    Road by Road offer hotshot and Freight services in Edmonton, Morinville, Calgary and Grande Prairie. Our job is to make your job easier and we work 24x7x365 days.. read more

    more info about this

    more info about this

    Rightway Freightways is a principle based regional carrier operating in northern Alberta. Based on the principle of predictable superior results. Every time you ship Rightway Freightways you know exactly the result you will get, superior service and dedication. . read more

    more info about this