In this edition:
- Government of Canada unveils Canada’s Housing Plan
- Hints of active spring market in March housing data: realtors
- NotL chamber president steps down, search on for interim leader
- 610 CKTB’s Tim Denis announces his replacement
- UNF welcomes first students on campus for inaugural Spring Term
- Cogeco releases financial results for Q2 2024
- Focus on Equity, Diversity & Inclusion
Government of Canada unveils Canada’s Housing Plan
The Prime Minister, Justin Trudeau, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, and the Minister of Housing, Infrastructure and Communities, Sean Fraser, today unveiled the federal government’s ambitious housing plan, Solving the housing crisis: Canada’s Housing Plan, supported by new investments from the upcoming Budget 2024.
The plan lays out a strategy to unlock 3.87 million new homes by 2031. This includes a minimum of 2 million net new homes, on top of the Canada Mortgage and Housing Corporation’s forecast of 1.87 million being built anyway by 2031. Federal actions in this plan, in Budget 2024, and taken in fall 2023 will support at least 1.2 million new homes, and the Government of Canada calls on all orders of government to build at least 800,000 more homes by 2031.
Hints of active spring market in March housing data: realtors
While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March 2024, according to the latest data from the Canadian Real Estate Association (CREA).
Home sales activity recorded over Canadian MLS® Systems edged up 0.5% between February and March 2024, holding around 10% below an average of the last 10 years.
NotL chamber president steps down, search on for interim leader
After two years at the helm and being a major player in Niagara-on-the-Lake’s post-COVID business recovery, NOTL Chamber of Commerce and Tourism Niagara-on-the-Lake president and CEO Minerva Ward has left her post.
In a media release dated April 9, board chair Andrew Niven said the search for an interim president and CEO has already begun.
610 CKTB’s Tim Denis announces his replacement
We now know who will be waking Niagara up when CKTB’s Tim Denis retires.
Denis, who has hosted Niagara in the Morning for 29 years, announced his retirement last month after a successful 47-year broadcasting career.
Denis announced that Steph Vivier will be taking over after his last broadcast on April 30th.
UNF welcomes first students on campus for inaugural Spring Term
A new chapter in higher education began this week, as the University of Niagara Falls Canada opened its doors to students for the first day of classes at its newly renovated downtown campus.
The country’s newest university marked the start of its inaugural spring term on Monday, April 8. The first intake of students was welcomed into two graduate programs: Master of Management and Master of Data Analytics.
Cogeco releases financial results for Q2 2024
Cogeco Communications Inc. announced its financial results for the second quarter ended February 29, 2024. Cogeco Connexion reported a fifth consecutive quarter of strong Internet subscriber growth, driven by a mix of new customers added under the Cogeco brand, which include fibre-to-the-home network expansions, and its digital oxio brand.
Revenue declined by 0.8% compared to the same period last year to $730.5 million, as revenue growth at Cogeco Connexion was offset by lower revenue at Breezeline.
Did you know?
Humans are responsible for only 49% of all internet traffic.
Focus on Equity, Diversity & Inclusion
The backlash against diversity, equity and inclusion in business is in full force − but myths obscure the real value of DEI
Few ideas in business are as misunderstood as DEI.
While opposition to DEI – diversity, equity and inclusion – has a long history, it has picked up steam recently.
In 2023, when Silicon Valley Bank collapsed, detractors claimed that the bank’s focus on DEI was responsible – rather than the bank overinvesting in bonds that suddenly lost much of their value.
Not long afterward, when a wall panel detached from an Alaska Airlines flight at 16,000 feet, opponents claimed without evidence that DEI’s corrosive effects were to blame.
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.
