In this edition:
- Rankin wins $34-million contract for bridge replacement, GO precinct work
- Inflation returning to normal at 2.5%, slowest increase since March 2021
- National chambers call on government to avert “devastating” rail stoppage
- Town of Grimsby seeks input on 2025 budget
- Welland approves lease agreement for emergency homeless shelter
- GM lays off unspecified number of Canadian workers
- Government of Ontario to host free exporting seminars
- Focus on Health & Safety
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Photo credit: Regional Municipality of Niagara
Rankin wins $34-million contract for bridge replacement, GO precinct work in St. Catharines
Rankin Construction has been awarded a $34.88-million contract for the GO station precinct development in St. Catharines.
The contract with Niagara Region, approved by its public works committee last Tuesday, includes the priority replacement of the St. Paul Street West Canadian National Railway (CNR) bridge over railroad tracks and the reconstruction of Ridley Road with new access to the St. Catharines GO station.
Photo credit: Yingyaipumi / Adobe Stock
Inflation returning to normal at 2.5%, slowest increase since March 2021
The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in July, increasing at the slowest pace since March 2021 and down from a 2.7% gain in June 2024. Deceleration in headline inflation was broad-based, stemming from lower prices for travel tours, passenger vehicles and electricity.
Photo credit: IanDewarPhotography / Adobe Stock
Canadian and U.S. Chambers call on Canadian government to take action and avert “devastating” rail stoppage
Today, the Canadian Chamber of Commerce and U.S. Chamber of Commerce issued a joint statement, calling on the government of Canada to take action and avert what they called a “devastating” rail stoppage that will impact Canadian business and families, as well as the U.S. economy.
“A stoppage of rail service will be devastating to Canadian businesses and families and impose significant impacts on the U.S. economy,” said The Honourable Perrin Beatty, President and CEO of the Canadian Chamber of Commerce, and Suzanne P. Clark, President and CEO of the U.S. Chamber of Commerce.
Photo credit: Rawpixel.com / Adobe Stock
Town of Grimsby seeks input on 2025 budget
The Town of Grimsby wants to better understand the community’s priorities for 2025. By taking this short survey, you can help inform staff about your thoughts on the Town’s 2025 budget, and the future capital and operating budgets.
The survey can be found on Let’s Talk Grimsby and will be available to residents until September 8, 2024.
Photo credit: SewcreamStudio / Adobe Stock
Welland City Council approves lease agreement for temporary emergency homeless shelter
Welland City Council has approved a lease agreement with Niagara Regional Housing to use City-owned land at 851 Ontario Road for a temporary emergency shelter facility. This 50-room shelter is expected to be operated by professional staff and monitored 24/7, ensuring a safe and supportive environment for those in need.
Photo credit: CNW Group/Toyota Canada Inc.
11 millionth Toyota manufactured in Canada rolls off assembly line
Photo credit: Askar / Adobe Stock
GM lays off unspecified number of Canadian workers
General Motors says it is laying off some workers in Canada as part of a wider reduction in staff affecting more than 1,000 salaried employees worldwide.
The automaker says the layoff affects its software and services units, including a “small percentage” of employees in its Canadian Technical Center.
GM wouldn’t specify the number of Canadian workers cut.
Photo credit: Negro Elkha / Adobe Stock
Government of Ontario to host free exporting seminars
You’re invited to the Ministry of Economic Development, Job Creation and Trade’s renowned NEBS-NETSUS and DO’S and DON’TS webinar series on September 4th, September 11th and September 18th respectively. These sessions offer invaluable information crucial for any company seeking to expand its export operations to the U.S.
For further details on these three webinars or to directly register for one, two, or all three, simply click on the links below.
New Exporters to Border States (NEBS) September 4th, 2024
New Exporters of Technologies and Services to the U.S. (NETSUS) September 11th, 2024
Do’s and Don’ts when crossing the U.S. border September 18th ,2024
Did you know?
Focus on Health & Safety
When it comes to violence at work, I’ve packed my Canadian smugness
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.
