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Greater Niagara Chamber of Commerce

Daily Update: April 27, 2022

Ontario to release 2022 Budget tomorrow, Canada facing record number of retirements, GO-VAXX Bus coming to Beamsville, and more.

In this edition:

Ontario to release 2022 Budget tomorrow
All-Candidates Night to be held for 2022 municipal elections
GO-VAXX Bus coming to Beamsville
Port Colborne asks short-term rental property owners to register
Canada facing record number of retirements
Ontario invests in Immigrant Nominee Program


Ontario to release 2022 Budget tomorrow

Peter Bethlenfalvy, Minister of Finance, will deliver the 2022 Budget in the Ontario Legislature at approximately 4:05 p.m. Watch Minister Bethlenfalvy with English closed captioning on the Government of Ontario YouTube Channel, or with French closed captioning at Chaîne YouTube du gouvernement de l’Ontario.


All-Candidates Night to be held for October 2022 municipal elections

The Ministry of Municipal Affairs and Housing is hosting a candidate information session in partnership with Niagara’s municipalities on April 28 (in-person and live-streamed) for anyone interested in running as a candidate or becoming a third-party advertiser in the 2022 Municipal and School Board Election.

The event will be held from 6:00 p.m. until 9:00 p.m. on April 28th at the Meridian Community Centre – Accursi Room, 100 Meridian Way, Fonthill.

Click here for more information.


GO-VAXX Bus coming to Beamsville

The GO-VAXX Bus is coming to the Lincoln Community Centre in Beamsville on May 1. The clinic will take place between 10 a.m. and 6 p.m.  in the parking lot at the Lincoln Community Centre in Beamsville to administer the Pfizer for 12+ (First, second, booster, and fourth) and Pediatric Pfizer 5-11 (first and second). The fourth dose will be available to all clients that meet the criteria.

Walk-ins may be accommodated based on vaccine supply. Appointments are recommended and can be booked at Ontario.ca/bookvaccine, or by calling the Provincial Vaccine Contact Centre at 1-833-943-3900 (bookings begin April 29).


Port Colborne asks short-term rental property owners to register

The City of Port Colborne is asking short-term rental owners to register their properties with the city to assist with communication outreach to ensure a positive experience for owners, renters, and the community at large. Classified as dwelling units of various sizes that are rented for a term of less than 28 days, short-term rentals are increasing in popularity due the community’s proximity to the waterfront.

To learn more about short-term rentals in Port Colborne, including how to register a property, visit www.portcolborne.ca/STR, email licensing@portcolborne.ca, or call 905-835-2900 x121.


Canada facing record number of retirements

The working-age population, persons aged 15 to 64 who produce the bulk of goods and services in the Canadian economy, has reached a turning point. Never before has the number of people nearing retirement been so high. More than 1 in 5 (21.8%) persons of working age are aged 55 to 64. This is an all-time high in the history of Canadian censuses and one of the factors behind the labour shortages facing some industries across the country. The aging of many baby boom cohorts—the youngest of whom are between 56 and 64 years today—is accelerating population aging in general.

Click here to read more.


Ontario invests in Immigrant Nominee Program

The Ontario government is investing an additional $15.1 million over three years to improve and expand the Ontario Immigrant Nominee Program (OINP) to build on the recently-launched entrepreneurship pilot.

This new investment will allow the program to grow, enhance security and fraud detection and other IT updates to ensure the system can handle increased capacity now and in the future. Nominating newcomers to work in Ontario helps meet the needs of our growing economy, by filling jobs in health care, computer programming, web development and trucking.

Click here to read more.


Reading Recommendations

Netflix’s Bad Habits Have Caught Up With It

Vulture

Twenty minutes after Netflix announced the shocking news Tuesday that for the first time in a decade, it actually lost subscribers during a fiscal quarter, an executive at a rival streamer texted me a very simple reaction: “🤣🤣🤣,” he wrote. Schadenfreude via emoji may sting, but it’s the least of Netflix’s problems right now: Its stock price collapsed by more than 35 percent Wednesday, erasing more than $50 billion in value in a single day. (It has since dropped another 4 percent today.) The news was so grim, even longtime Netflix bulls had no choice but to concede the tech company that ate Hollywood now finds itself grappling with the reality that its decade of unchecked growth has come crashing to a halt. As streaming evangelist Rich Greenfield of Lightshed put it in a report for clients, “Netflix felt vulnerable yesterday in a way that it never has before.”
Click here to read more.


Update on Ukraine

Canada imposes further Russia-related sanctions on 203 individuals over Donbass attacks

Reuters

Canada said on Wednesday it was imposing sanctions on 203 individuals that it says are complicit in Russia’s attempted annexation of certain areas of Donbas in eastern Ukraine.

Canada has now imposed sanctions on nearly 1,000 individuals and entities from Russia, Ukraine and Belarus since the invasion of Ukraine in late February, the government said in a statement.

Click here to read more.


Through the Daily Updates, the GNCC aims to deliver important business news in a timely manner. We disseminate all news and information we feel will be important to businesses. Inclusion in the Daily Update is not an endorsement by the GNCC.


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