Episode 1: On Monday, May 10, 2021, Ritchie Bros. hosted two one-hour online industry panels, where experts from Ritchie Bros. and industry guests discussed trends impacting the Canadian construction & agriculture industries including details around historical and current supply and demand metrics, pricing trends, commodity prices, and more.

In this one-hour long Construction Panel, Matt Ackley, host and Chief Marketing Officer, Ritchie Bros. and a team of industry experts discuss the following topics around heavy equipment trends in the construction sector:

• Impact of recently-approved federal budget on contractors and the construction industry

• Types of construction equipment that are in high demand in Canada - Canadian market performance

• Influx of technology impacting the types of construction equipment buyers are interested in

• Total cost of ownership and how this plays out with used equipment

• Transferrable warranties on equipment

• Main concerns of contractors

Panelists include Joe Wrobel (JPW Earthworks Inc. and the 2020 president of the Canadian Construction Association); Doug Rusch (Managing Director, Sales, Rouse Services); Doug Olive (Senior Vice President, Pricing, Ritchie Bros.); and Ryan Eacrett (Sales Director, Ritchie Bros.).

Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Visit us at www.ritchiebros.com.