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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Featured content by BDO Debt Solutions
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.
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.
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.
Ontario wines shine at upcoming Grapes for Humanity charity wine auction
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.
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.
‘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.
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.
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.
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.