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CPCA ENHANCED PRODUCT REPORT PROPOSAL:

NOVEMBER 20 @ 10 EASTERN, REGISTER HERE

NOVEMBER 25 @ 1:30 EASTERN, REGISTER HERE

The CPCA Board of Directors wishes to propose enhancements to our product reporting. To provide a demonstration of the proposed templates and reporting tool, and address any questions and concerns among members, we invite you to attend one of two information sessions. It is important to have the buy in of the membership. We look forward to your participation.
The motion:
The following motion has been approved by the CPCA Board of Directors and is now being proposed for vote by the members at large. Only one vote per reporting member company will be considered.
The CPCA will contract Electro-Federation Canada (EFC) to collect, consolidate and distribute CPCA product data quarterly as presented at the AGM. For this service, beginning Q1, 2021, the EFC propose a fee of $15,000 that will increase to $20,000 in 2022.
It is the belief of the Board that this new report will provide a great deal of market insight to the current membership and also help to recruit new members, thus continuing to make the report more valuable in years to come.
If approved, members agree to submit their product reports within 15 days from the end of each quarter and that this upgrade will result in a minimal increase in membership fees.
Background:
The EFC has valued this service at $20,000, however, in consideration of the current financial difficulties suffered by associations and their members, they will provide a discount in year one. The board will strive to minimize the fees to the membership by increasing membership.
EFC is a national, not-for-profit industry association that represents over 220 member companies that manufacture, distribute, market and sell a wide range of electrical products. EFC delivers confidential market share programs to numerous industry sectors. Each program has been customized and designed to meet the statistical needs and objectives of reporting participants. The programs allow members to gauge their share of the market in any given product category, monitor industry trends year-over-year and have access to the overall market size for their specific industry.

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