In this edition:
- Government of Canada to announce support for electric vehicle sector in Niagara
- Brock awarded $4.8 million in national science research funding
- Elementary teachers reject Ontario’s offer to head to arbitration, avoid strike
- Homeless population in downtown Welland has probably tripled in the last year
- Government of Canada invests in over 4,700 researchers across the country
- Reading Recommendations: Small Business
Government of Canada to announce support for electric vehicle sector in Niagara
The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), will make an important announcement for Niagara’s electric vehicle sector tomorrow afternoon at Niagara Regional Headquarters. The investment will support the people working hard to make sure the business can reach its full potential, the government stated in a media advisory, and develop new possibilities for Canadians. Minister Tassi will be joined by Vance Badawey, Member of Parliament for Niagara Centre and Chris Bittle, Parliamentary Secretary to the Minister of Canadian Heritage and Member of Parliament for St. Catharines.
Brock awarded $4.8 million in national science research funding
Paul Zelisko is investigating how to make products that contain silicone polymers last longer so that they don’t end up in the garbage dump too soon. And he’s turning to Mother Nature for inspiration to do so. The human-manufactured, rubber-like substance is found in countless products ranging from cosmetics to sealants, clothing to cooking utensils, insulation and lubricants, among others.
But many of these products wear out quickly, says the Brock University Associate Professor of Chemistry.
“We’re looking to combine naturally occurring renewable resources with silicones so that they can heal themselves when damaged and also to enable them to be easily recyclable,” says Zelisko.
Elementary teachers reject Ontario’s offer to head to arbitration, avoid strike
Public elementary school teachers in Ontario have rejected the province’s offer to head to arbitration to avoid a strike, its union president said Tuesday. Karen Brown, president of the Elementary Teachers’ Federation of Ontario, said the union will instead file for conciliation.
Last week, the province and the union that represents English high school teachers agreed to negotiate until the end of October and send outstanding issues to arbitration.
Education Minister Stephen Lecce urged the three other teachers’ unions to agree to the same deal that avoids a strike. Brown said Tuesday that ETFO was refusing that deal.
Homeless population in downtown Welland has probably tripled in the last year
Welland city council left the door open for a temporary emergency homeless shelter despite a staff recommendation to discontinue a pilot program.
Operating out of the Hooker Street Community Centre this past winter and housing a maximum of eight people, the program had 90 stays at the centre, home to Welland Tennis Club, accounting for 22 unique individuals, representing approximately three to five attendees per day.
The idea behind it came from Ward 6 Coun. Bonnie Fokkens and Ward 3 Coun. John Chiocchio, with support from Niagara Regional Police and The Hope Centre, the latter which administered the program with help from Beyond the Streets Welland.
Government of Canada invests in over 4,700 researchers across the country
Today, the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and of the Honourable Mark Holland, Minister of Health, announced support for over 4,700 researchers and research projects across Canada. These investments of over $960 million through grants, scholarships and programs are part of the government’s ongoing support for Canada’s research ecosystem.
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Focus on Finance & Economy
Canada likely sitting on the largest housing bubble of all time: Strategist
The Canadian housing market is at high risk of unravelling, according to one expert.
The level of debt that Canadians have taken on in comparison to their incomes has put many in a precarious position should mortgage rates continue to rise — which is likely, Phillip Colmar, partner at Global Strategist at MRB Partners, told BNN Bloomberg in an interview on Tuesday.
“Canada is probably sitting on the largest housing bubble of all time,” he warned.
Colmar argued that the inflated home prices in Canada are a result of two decades’ worth of easy money supplied by the Bank of Canada’s monetary policy for numerous reasons. At the present moment, he sees risk in mortgage rates climbing as Canadian bond yields are dragged up, particularly at a time when debt-to-income ratios are sky high.
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