In this edition:
- Which way will gas prices head this Labour Day weekend and rest of September?
- Goods-producing industries post largest decline since 2023
- Region earmarks $2.8M for new Welland emergency shelter
- As harvest begins another huge grape surplus looms in Niagara
- Beer Store unveils new partnerships and investments
- With a possible pilot strike looming, Air Canada makes customers an offer
- Focus on Health & Safety
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Image credit: Fxquadro / Adobe Stock
Which way will gas prices head this Labour Day weekend and rest of September?
Gas price observer Dan McTeague, president of Canadians for Affordable Energy, said gas prices are expected to drop one cent to an Ontario average of 153.9 cents per litre Friday and then go up a cent or two on Saturday and Sunday.
Photo credit: Industrieblick / Adobe Stock
Goods-producing industries post largest decline since 2023
Real gross domestic product (GDP) was essentially unchanged in June, following a 0.1% increase in May. Goods-producing industries (-0.4%) saw its largest decrease since December 2023 as declines in manufacturing and construction were partially offset by increases in utilities and agriculture.
Services-producing industries (+0.1%) increased for the third consecutive month in June 2024.
Photo credit: SewcreamStudio / Adobe Stock
Region earmarks $2.8M for new Welland emergency shelter
Last night, Regional Council approved $2.8 million in capital funding for the creation of a new temporary emergency shelter in Niagara. The new site will expand the overall adult shelter spaces existing in the region while increasing services available in southern Niagara.
Photo credit: guerrieroale / Adobe Stock
As harvest begins another huge grape surplus looms in Niagara
With harvest underway in Niagara, there’s a more concerning issue on the minds of grape growers in Niagara — another looming surplus. The over-supply of grapes in the region is heading for the largest glut since 2009, eclipsing the surplus of last year and prompting concern from the industry.
Photo credit: eugen / Adobe Stock
Beer Store unveils new partnerships and investments
The Beer Store unveils partnerships and investments in response to evolving regulations in Ontario’s beverage alcohol marketplace.
The company has expanded its distribution network to accommodate increasing grocery and convenience store customers. Currently, nearly 4,000 convenience store locations have been integrated, with plans to add up to 10,000 new points of sale soon. Additionally, the organization has supported the increased availability of large format packs in grocery stores over the summer.
Photo credit: Lukas Wunderlich / Adobe Stock
With a possible pilot strike looming, Air Canada makes customers an offer
With a potential pilots’ strike looming as soon as Sept.17, Air Canada has waived change fees and fare differences for itineraries around that date.
The three-week cooling off period between the Air Line Pilots Association and Air Canada, which is mandated by Canadian law, commenced on Aug. 27 and ends Sept. 17. It comes on the heels of pilots’ strike-authorizing vote on Aug. 22. The measure passed with 98% approval.
Did you know?
Focus on Health & Safety
Adapting first aid standards for modern work environments
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.
