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Greater Niagara Chamber of Commerce

Daily Update: August 8 2024

In this edition:

  • Government of Ontario invests $1.6M in tender fruit marketing program
  • Ottawa considers changes to reduce number of temporary foreign workers in Canada
  • Bank of Canada announces experts to assess pandemic-era financial decisions
  • Scotiabank invests in future of Indigenous learners at Brock
  • Canada and Ontario commit up to $5M to bolster small agri-food businesses
  • Focus on Human Resources

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Image credit: Government of Ontario

Government of Ontario invests $1.6M in tender fruit marketing program

The Government of Ontario is investing up to $1.6 million over four years to support Ontario Tender Fruit Growers in purchasing display bins branded with the Foodland Ontario logo. This will help consumers identify seasonal, locally grown tender fruits when shopping in grocery stores.

Display bins branded with the Foodland Ontario logo increase in-store product visibility and secure shelf space during peak season to create demand and support for Ontario grown fruit. This investment will help customers easily identify locally grown and in-season items such as peaches, nectarines, cherries, plums, apricots, fresh table grapes and pears.

Click here to read more.


Photo credit: @Nailotl / Adobe Stock

Ottawa considers changes to reduce number of temporary foreign workers in Canada

The federal government is considering new regulations that could make fewer employers eligible to hire temporary foreign workers, Employment Minister Randy Boissonnault said recently.

Following a meeting with a group of business associations, the minister announced a suite of changes he plans to pursue to reduce the number of temporary foreign workers in Canada.

Click here to read more.


Photo credit: JHVEPhoto / Adobe Stock

Bank of Canada announces independent experts to assess pandemic-era financial decisions

The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic.

As announced in June, the Bank is undertaking an in-depth internal review of its exceptional actions, including market-functioning programs, quantitative easing and extraordinary forward guidance.

Click here to read more.


From left: Noelle Urquhart (BBA ’98), Scotiabank Ontario District Vice President; Evelyn Dilworth (BA ’24, BEd ’24), Indigenous Plus Consultant; Lesley Rigg, Brock President and Vice-Chancellor; and Lesly Tayles, Scotiabank Senior Vice President of Ontario Region. Photo credit: Brock University / supplied.

Scotiabank invests in future of Indigenous learners at Brock

Brock University’s Indigenous Plus program — dedicated to helping Indigenous students realize their full potential — has been given a generous $500,000 boost from Scotiabank.

Announced Wednesday, Aug. 7, funding for the program enabled through ScotiaRISE, the Bank’s $500-million commitment and social impact initiative, will help enhance the educational experience of First Nations, Métis and Inuit students at Brock University.

Click here to read more.


Photo credit: เลิศลักษณ์ ทิพชัย / Adobe Stock

Canada and Ontario commit up to $5M to bolster small agri-food businesses

In a significant move to enhance the safety and growth of the agri-food industry, the governments of Canada and Ontario have announced a joint investment of up to $5 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP). This initiative aims to support small businesses within the agriculture and food sectors by enhancing their food safety systems and stimulating economic growth.

Click here to read more.


Did you know?

WD-40 stands for “water displacement, 40th formula.” The first 39 attempts did not work.


Focus on Human Resources

5 reasons why Canada should consider moving to a 4-day work week

Nine out of 10 Canadians are interested in a four-day work week, according to a recent survey, making it their most desirable benefit ahead of health care, flexible scheduling and additional vacation days.

To be clear, a four-day work week in this context does not refer to a condensed five-day schedule, but rather the 100-80-100 model, where employees work 80 per cent of the time while maintaining 100 per cent of their productivity and pay. This means Canada, which already struggles with productivity levels, won’t see a dip if it switches to this model.

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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