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Greater Niagara Chamber of Commerce

Daily Update: August 29, 2022

Canada set for ‘unprecedented’ home price drop by 2023, Brock to require masks in all instructional spaces, and more.

In this edition:


Canada set for ‘unprecedented’ home price drop by early 2023: TD Bank

A report by TD Bank suggests the average price of a home in Canada could fall 20 to 25 per cent from its peak seen earlier this year to the first quarter of 2023.

The report also estimates the number of home sales will fall 35 per cent over the same time period.

TD economist Rishi Sondhi says the projected price drop represents an “unprecedented decline” at least going as far back as the late 1980s, when the data began, but it follows an unequally unprecedented rise during the pandemic.

Click here to read more.


Brock to require masks in all instructional spaces

Brock University will implement a masking requirement in all instructional spaces this September as it prepares to welcome students back to campus for in-person learning.

Beginning Tuesday, Sept. 6, masks will be required in all instructional spaces, including classrooms, lecture halls, seminars, teaching labs and other spaces when teaching by instructors is taking place.

In an update today, Niagara Public Health reported 602 COVID-19 deaths since the beginning of the pandemic and 32 this month, on pace to be the deadliest since February of 2021. Nevertheless, Dr. Mustafa Hirji, Acting Medical Officer of Health, remarked that this “should not take away from the fact that we are absolutely in a far better place and COVID-19 is less of a concern for us.”

Click here to read more.


Ontario passes motion to skip public hearings on long-term care legislation

Ontario has passed a motion to skip public hearings for legislation that would allow hospital patients awaiting long-term care to be transferred to a home without their consent.

Long-Term Care Minister Paul Calandra has said the legislation will free up badly needed acute care beds in hospitals. It would allow hospital patients to be moved to a temporary long-term care home without their consent while they await a bed in their preferred facility.

The government moved a motion last week that would advance the bill directly to third reading, which means it will not be considered by committee or be subject to public hearings at that stage.

Click here to read more.


Extreme weather events could cost Canada $139 billion by 2050: report

Floods, droughts and major storms that wash out highways, damage buildings and affect power grids could cost Canada’s economy $139 billion over the next 30 years, a new climate-based analysis predicts.

The report, titled “Aquanomics,” is being published today by GHD, a global engineering and architecture services firm.

GHD’s Canadian water lead Don Holland said there are lots of reports that count up insured losses and physical damage after major events like last fall’s atmospheric river in British Columbia.

Click here to read more.


Federal ministers say hiring spree helping with visa, immigration delays

The federal Liberal government says hundreds of additional staff have been added in recent months to address long wait times and backlogs at Canadian airports as well as visa and immigration offices.

Yet while cabinet ministers say the additional hires have started to make a difference, they acknowledge that far more work is needed when it comes to providing Canadians with the services they deserve.

Prime Minister Justin Trudeau created the 10-minister task force in June in response to public anger and frustration over the delays, which also included problems at Canadian airports.

Click here to read more.


Niagara Peninsula Conservation Authority acquires ‘small but significant’ parcel of land in Lincoln

The NPCA has acquired a 1.12-acre piece of land next to its existing Rockway Conservation Area. It has purchased the Rockway Community Centre.

“We’ve been able to secure this small but very significant 1.12 acres,” said NPCA chief administrative officer Chandra Sharma. “I think it will be very significant from both the ecological benefits and community use benefits.”

Rockway is one of the NPCA’s most popular conservation areas, Sharma said, and acquiring the community centre property will bring a key access point to the area under the umbrella of the NPCA.

Click here to read more.


Port Colborne to offer three advance polling days

The City of Port Colborne is taking steps to make it easier to participate in the Municipal Election being held Oct. 24, 2022. To increase accessibility and convenience, the city will provide three advance voting days on Oct. 1, 12, and 14, 2022.

On Sept. 1, the Vote by Mail on Demand registration period will open and will close at 4:30 p.m. on Sept. 26. Those interested in registering for Vote by Mail on Demand are encouraged to submit their registration form well ahead of the final date for registration.

For more information about the Voters’ List, the Vote by Mail on Demand program or to confirm your information is accurately recorded for the upcoming municipal elections, visit www.portcolborne.ca/election.


GO-VAXX mobile bus and indoor clinics will return to Lincoln in September

Additional vaccine clinics are returning to Lincoln next month. The mobile bus clinics will take place in the parking lot at Charles Daley Park in Jordan Station and the Lincoln Community Centre in Beamsville and indoor clinics will take place at the Fleming Centre and Lincoln Community Center.

GO-VAXX mobile buses and indoor clinics provide:

  • the Pfizer COVID‑19 vaccine for first, second and booster doses for adults and youth ages 12 and up
  • the paediatric Pfizer COVID‑19 vaccine for children aged five to 11
  • the paediatric Moderna vaccine for children aged 6 months to 5 years of age will not be available.

Click here for details on eligibility.

Click here for times and dates.


Rogers outage is relevant to $26B Shaw takeover, special tribunal rules

Canada’s Competition Tribunal has ruled that the Rogers Communications Inc. July 8 service outage is relevant to the upcoming hearings on the telecom giant’s $26-billion takeover of Shaw Communications Inc.

The ruling was made Friday after hearing submissions from Rogers and the Commissioner of Competition on the matter.

The outage affected millions of Canadians, and to make sure it doesn’t happen again, Rogers is committing $10 billion over three years on network upgrades and will spend $150 million on customer credits.

Click here to read more.


Focus on Small Business

4 Business Growth Opportunities In A Slowing Economy

Forbes

A slowing economy impacts some companies more than others. Yet should a recession occur, most leaders and their teams will need to find ways to overcome its challenges. Despite the conventional wisdom, a recession doesn’t mean that all hope for growth is lost. A slowing economic climate can create business opportunities if leaders know how to capture them. Here are four ways to do that.

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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