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Greater Niagara Chamber of Commerce

Daily Update: August 15 2024

In this edition:

  • Niagara Region launches signature sites tool to promote development opportunities
  • City of Niagara Falls seeking vendors for new holiday market at The Exchange
  • Siscoe asks residents to share ‘urgency’ of homelessness emergency with province
  • City of Niagara Falls announces enhanced customer service model
  • 45% of Canadians say rising prices greatly impacting ability to meet daily expenses
  • Fledgling Canadian housing market momentum hits pause in July
  •  Motor vehicles and parts decline leads wholesale trade slowdown in June
  • Focus on Equity, Diversity & Inclusion

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Photo credit: Regional Municipality of Niagara

Niagara Region launches signature sites tool to promote development opportunities

Niagara Region Economic Development is pleased to announce the launch of ‘Niagara Signature Sites’, an innovative and interactive map designed to showcase premier industrial and commercial development opportunities available in the Niagara region.

This collaborative effort involves Niagara Region’s Growth Strategy and Economic Development department, local area municipalities, and private sector, aimed at promoting investment and economic growth in the region.

Individuals interested in identifying investment opportunities within the Niagara region are encouraged to utilize the Niagara Signature Sites application, available on NiagaraCanada.com.

Click here to read more.


Image credit: City of Niagara Falls / supplied

City of Niagara Falls seeking vendors for ‘Deck the Halls’, a new holiday market at The Exchange

The City of Niagara Falls is seeking vendors to participate in a new holiday market, ‘Deck the Halls’, at The Niagara Falls Exchange (5943 Sylvia Place), on Sunday, November 17, 2024, from 11 a.m. to 5 p.m. The festive event will be packed with family fun, including a Polar Express train, kid’s activities, a s’mores station, and, of course, Santa Claus!

To be considered for a ‘Deck the Halls’ market vendor, complete applications must be submitted online by October 4, 2024, at 4:00 p.m.

Click here to read more.


Photo credit: Brad Demers / Greater Niagara Chamber of Commerce

Siscoe asks residents to share ‘urgency’ of Niagara’s homelessness emergency with province

St. Catharines Mayor Mat Siscoe is asking residents to lend their voices to a campaign calling on the provincial government to directly tackle the homelessness, addictions and mental health crisis.

Siscoe said municipalities need help but the upper levels of government don’t seem to feel the same urgency that they do.

Click here to read more.


Photo credit: City of Niagara Falls

City of Niagara Falls announces enhanced customer service model, ‘At Your Service, Niagara Falls’

The City of Niagara Falls is introducing ‘At Your Service, Niagara Falls,’ a new customer service initiative designed to enhance and streamline service delivery in alignment with the priorities identified in the 2023-2027 Strategic Plan and the Niagara Falls Customer Service Strategy.

In Fall 2024, the City of Niagara Falls will launch a community engagement campaign to connect with residents, business owners, and visitors and invite them to play a central role in reshaping and enhancing the local customer service experience.

Click here to read more.


Photo credit: Pormezz / Adobe Stock

Nearly half of Canadians report rising prices are greatly impacting ability to meet day-to-day expenses

In spring 2024, nearly half (45%) of Canadians reported that rising prices were greatly affecting their ability to meet day-to-day expenses, 12 percentage points higher than what it was two years earlier (33%).

Individuals from lower income groups are struggling more financially due to rising prices than those in higher income groups, consistent with past research. Recent reports also found that younger adults are struggling more financially than older Canadians.

Click here to read more.


Photo credit: Rawf8 / Adobe Stock

Fledgling Canadian housing market momentum hits pause in July

While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July, the Canadian Real Estate Association reported today.

Home sales activity recorded over Canadian MLS® Systems edged back by 0.7% on a month-over-month basis in July 2024, giving back a small portion of June’s post-first rate cut gain.

Click here to read more.


Photo credit: Tomasz Zajda / Adobe Stock

Motor vehicles and parts decline leads wholesale trade slowdown in June

For a second consecutive month in June, sales in the motor vehicle and motor vehicle parts and accessories subsector (-2.6% to $14.2 billion) drove declines in wholesale trade. As in May, sales fell in all three industry groups in June with the largest decline coming from motor vehicle merchant wholesalers (-2.7% to $11.5 billion).

Although total wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) fell 0.6% to $82.4 billion in June, sales were 1.0% higher compared with the same month one year earlier.

Click here to read more.


Did you know?

Based on OECD criteria, Canada is the most-educated country in the world.


Focus on Equity, Diversity and Inclusion

How brands can gain a competitive advantage with authentic DEI

CEOs today face a dilemma over diversity, equity and inclusion. DEI critics and some lawmakers pressure organizations to put on the brakes, while many employees and investors look for diversity support in companies.

This seems like a no-win scenario, but there’s some good news. Amid this chaos, there is a significant opportunity to attract talent, gain clients and woo investors focused on environmental, social and governance issues. How? Before I go there, here’s some helpful context.

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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