In this edition:
- Government of Ontario invests nearly $4M in infrastructure and training at Brock
- Ontario developer coalition asks governments for tax breaks to pass on to homebuyers
- Minister Ng visits Port Weller Dry Docks as part of bilateral trade tour
- City of Thorold seeks committee and board members for current term of council
- Automation to impact one-fifth of food and beverage jobs
- Canadian union Unifor calls for strict tariffs on imported Chinese EVs, components
- Focus on Finance & Economy
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Government of Ontario invests nearly $4M in infrastructure and training at Brock University
The Ontario government has announced an investment of $3,860,350 in Brock University, which will support capital investments to help equip the Engineering and Science Design Studio. The provincial funding includes $3,579,100 through the Facilities Renewal Program and $281,250 through the Training Equipment and Renewal Fund.
“This support will ensure students at Brock University have access to modern instructional equipment to meet business and industry standards and enhance the overall student learning experience,” said Sam Oosterhoff, MPP for Niagara West.
Ontario developer coalition asks governments for tax breaks to pass on to homebuyers
A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers.
The new group, called the Coalition Against New-Home Taxes, or CANT, is composed of 18 developers who collectively plan to build 100,000 new housing units over the next 10 years.
The coalition wants to see federal and provincial governments remove the harmonized sales tax on all new housing, as they have done for rental housing construction.
Minister Ng visits Port Weller Dry Docks as part of bilateral trade tour
Yesterday, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, concluded her 2-day visit to Buffalo, New York State, and Southern Ontario, during which she met with local businesses, spoke with government officials and promoted bilateral trade.
Minister Ng kicked off her tour in St. Catharines, Ontario, at the Port Weller Dry Docks Shipyard. The shipyard is critical to the movement of goods across the Canada-United States border and is a vital part of Canada’s economy. She then visited one of North America’s busiest border crossings, the Peace Bridge Port of Entry.
The City of Thorold is seeking six committee members to fill vacancies on five committees, as well as three vacancies on two boards.
Applicants for appointment must be at least 18 years of age and either a land owner/tenant in the City of Thorold or a business owner in the City of Thorold. Eligible individuals are encouraged to submit an electronic application on the City’s website or pick up and submit a hard copy application at City Hall reception by August 26.
Automation to impact one-fifth of food and beverage jobs
One-fifth of jobs in the food and beverage manufacturing sector and one-third of jobs in the agriculture sector are at risk of automation within the next decade, according to new research from the Conference Board of Canada.
“Automation and digital technologies are revolutionizing Canada’s agri-food sector, offering unprecedented opportunities for growth and innovation,” said Alain Francq, director, innovation and technology at the Conference Board of Canada. “However, this transformation also brings significant implications for the future of work in the industry.”
Canadian union Unifor calls for strict tariffs on imported Chinese EVs, components
Did you know?
Focus on Finance & Economy
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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.