In this edition:
- Savage opens new transload facility in Thorold to enhance regional logistics
- Report recommends eliminating 6 Welland councillor positions
- BDC launches new program to help businesses adopt AI and increase competitiveness
- Canadian Wine Industry Awards open for nominations
- Tax Break for All Canadians Act moves on to Senate
- Focus on Finance & Economy
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Picture credit: Niagara College / supplied
Niagara College earns No. 1 research college in Canada for second year in a row
For the second year in a row, Niagara College has secured the No. 1 ranking for colleges in Canada for research funding, according to a special report released on December 5. This is the tenth year in a row NC has been in the top 10.
Photo credit: Blacqbook / Adobe Stock
Canada Post reviewing union’s latest counter offer
The union representing some 55,000 striking postal workers has presented Canada Post with a new proposal.
Details of the counter proposal are few, but the union said it contains movement on its demands and the employer’s demands with the hope the two sides can come to an agreement.
Picture credit: Summit Art Creations / Adobe Stock
Welland, Pelham pass 2025 budgets
The City of Welland’s 2025 budget has been finalized, following Council’s review and adoption of amendments to the Mayor’s proposed budget on December 4. The municipal tax levy increase is set at 3.95%.
Council for the Town of Pelham also approved their 2025 Capital and Operating Budgets at their December 4, 2024, meeting of Council. The final tax levy increase in Pelham for 2025 is 4.84%.
Picture credit: City of Port Colborne / supplied
Port Colborne rejects shared fire service with Wainfleet
After review, Port Colborne city staff and Council have determined that the City will not move forward with a shared services agreement for emergency fire services with the Township of Wainfleet.
Port Colborne has welcomed Chief David Wood, new interim Fire Chief for the City of Port Colborne’s Fire Department. Chief Wood previously served as Fire Chief for the City of St. Catharines.
Picture credit: City of Thorold / supplied
Thorold considers on-street parking ban during winter maintenance
The City of Thorold may declare an on-street parking ban as part of its Winter Maintenance Program so that public works crews can navigate roadways more effectively.
When a snowplow is forced to go around a parked vehicle during a winter weather event, an embankment of snow is left behind, which is difficult for drivers to navigate after snow-clearing measures have taken place.
Photo credit: Government of Ontario / YouTube screenshot
Ford preparing to give police and municipalities powers to ‘dismantle’ homeless encampments
Premier Doug Ford is prepared to override the courts by giving municipalities and police “enhanced legislative powers” to “dismantle” homeless encampments across Ontario.
“We are acting to put an end to the public disorder, drug use and trafficking and loss of public space that have resulted from the widespread growth in encampments,” Ford said Thursday.
Photo credit: Summit Art Creations / Adobe Stock
Government of Canada launches $2B home-grown AI strategy
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, officially launched the Canadian Sovereign AI Compute Strategy. The Strategy will invest up to $2 billion, as previously announced in Budget 2024.
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Focus on Finance & Economy
New report forecasts food prices will rise up to 5% in 2025
‘We’re in a recession,’ says former Bank of Canada governor Stephen Poloz
Former Bank of Canada governor Stephen Poloz says Canada is in a recession, arguing the economy’s weakness has been masked by strong population growth.
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.
