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Greater Niagara Chamber of Commerce

Daily Update: April 8, 2025

In this edition:

  • Canadian tariffs on U.S. vehicles take effect at midnight
  • Diodati calls for Niagara Falls to be included in Ontario Big City Mayors
  • NPCA marks year one of Lakewood Conservation Area restoration
  • Ontario wines shine at upcoming Grapes for Humanity charity wine auction
  • Niagara Falls announces spring environmental initiatives
  • ‘Strong as Steel’ campaign calls on Canadians to champion locally made materials
  • US to move forward with 104% China tariffs
  • Focus on Retail

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At BDO Debt Solutions, our team of Licensed Insolvency Trustees and debt solutions professionals helps individuals and businesses discover their debt-free future through honest, judgement-free conversations. Since 1958, we’ve been a trusted partner for over 500,000 Canadians. We’re committed to helping our clients find the most appropriate debt solution for their situation.

We also offer our Financial Wellness Program, helping business and organizations educate their staff and members on how to achieve their financial goals.Michael Comrie is a BDO Licensed Insolvency Trustee in the Greater Niagara area. Along with his colleague Ilan Kibel, Michael shares his valuable insights on the Debt-Free Living with BDO radio show, airing twice monthly on Saturdays from Noon to1 p.m. on AM640 Toronto.

If you are looking for reliable information on everyday financial matters or tips on how to manage debt and create a plan for financial stability, tune in to the show!

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Picture credit: Tomasz Zajda / Adobe Stock

Canadian tariffs on U.S. vehicles take effect at midnight

The Minister of Finance, the Honourable François-Philippe Champagne, today confirmed that Canada’s new countermeasures announced last week in response to the unjustified tariffs imposed by the United States on the Canadian auto industry will come into force at 12:01 a.m. EDT on April 9.

Click here to read more.


Picture credit: City of Niagara Falls

Diodati calls for Niagara Falls to be included in Ontario Big City Mayors

Ontario is proposing to expand strong mayor powers to the heads of council in 169 additional municipalities effective May 1, 2025 to help deliver on provincial priorities, such as building more homes, transit and other infrastructure across Ontario.

Included on the list are Fort Erie, Grimsby, Lincoln, Niagara-on-the-Lake, Port Colborne, Thorold, and West Lincoln.

Click here to read more.


Picture credit: Niagara Peninsula Conservation Authority / supplied

NPCA marks year one of Lakewood Conservation Area restoration, supported by NCF

The Niagara Peninsula Conservation Authority (NPCA) has completed year one of the three-year Lakewood Conservation Area restoration project.

The NPCA gratefully acknowledges the financial support of Niagara Community Foundation’s Environmental Grant Program, which has been instrumental in initiating the restoration and enhancement efforts.

Click here to read more.


Picture credit: Grapes for Humanity

60 mixed cases of one bottle each of the Cuvee from the Heart’s 12 unique wines are up for auction at Grapes for Humanity, held in partnership with Waddington’s Auctioneers and a new collaboration with the Fine Wine Reserve. The primary beneficiaries of the auction will be Tree Canada and The Nature Conservancy of Canada.

Click here to read more.


Picture credit: OMEGA / Adobe Stock

Niagara Falls announces spring environmental initiatives

The City of Niagara Falls has announced April’s lineup of environmental initiatives and volunteer opportunities so that community members can help make a positive impact on the planet.

Click here to read more.


Picture credit: littlewolf1989 / Adobe Stock

‘Strong as Steel’ campaign calls on Canadians, government to champion locally made materials

In the wake of major tariffs from U.S. President Donald Trump, Canadian steel associations and labour groups have united for Strong as Steel, a campaign that calls on Canadians and governments to support the tens of thousands of jobs in hundreds of communities who provide this material.

Click here to read more.


Picture credit: BigC Studio / Adobe Stock

US to move forward with 104% China tariffs

The White House confirmed that President Trump will follow through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal tariffs, raising the overall tariff rate on Chinese goods to 104%.

US stocks, which were rallying on a Treasury Secretary Scott Bessent-led push to start talking about negotiations, fell on the news.

Click here to read more.


Focus on Retail

More than a department store: The long, complicated legacy behind Hudson’s Bay Company

The bankruptcy of the Hudson’s Bay Company (HBC) is often framed as the fall of “Canada’s oldest company.” Media narratives typically treat HBC as if it were a straightforward retail firm, albeit one with an exceptionally long history.

But HBC was always more than a hinterland mercantile fur trader in earlier centuries, just as it was more than a department store anchoring downtown shopping in the 20th century.

Like the beaver it nearly wiped out, HBC made Canada into its home by fundamentally transforming its environment, and no bankruptcy court will liquidate that legacy. Still, that legacy is more complex than many might assume.

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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