In this edition:
- Government of Ontario abandons plan to dissolve Peel Region
- Brock’s Yousef Haj-Ahmad Department of Engineering set to welcome first class of undergrads in 2024
- Taxpayers ‘relatively happy and satisfied’ with Niagara Region’s performance: survey
- “Total DSO model” could provide $5 to $12 billion in net benefits to electricity customers: OEA
- Niagara Parks Marina to become new waterfront destination through substantial redevelopment
- Marissa West named GM Senior Vice President and President, North America
- Focus on Climate
Government of Ontario abandons plan to dissolve Peel Region
In an announcement today, the Government of Ontario revealed that it planned to introduce legislation that would, if passed, mean the region of Peel will not be dissolved.
The government said that it had made this decision in response to feedback from its municipal partners and was taking steps to clarify and enhance collaborative efforts to build at least 1.5 million homes across the province by 2031, protect frontline services, and keep costs down for taxpayers.
“While we originally thought that the best way to achieve our goals of better services and lower taxes was through dissolution, we’ve since heard loud and clear from municipal leaders and stakeholders that full dissolution would lead to significant tax hikes and disruption to critical services the people of Peel Region depend on,” said Minister Paul Calandra.
While other regions, including Niagara, are also under review, no announcement regarding their future was made.
Brock’s Yousef Haj-Ahmad Department of Engineering set to welcome first class of undergrads in 2024
Brock will welcome the first class of undergraduate students into its innovative Yousef Haj-Ahmad Department of Engineering next fall, now that the program has received approval from the province.
The Integrated Engineering program takes key concepts from traditional engineering fields — such as mechanical, software and electrical — and brings them together into a single coherent program where students learn about each field as well as the connections between them.
Taxpayers ‘relatively happy and satisfied’ with Niagara Region’s performance: survey
As councillors put the finishing touches on Niagara Region’s 2024 budget, a public consultation survey and focus groups has offered insight into how residents feel about regional government and how taxpayer dollars are spent.
The good news for councillors is that 61 per cent of the 980 residents who responded to the online survey have a favourable view of the Region, its services and how they relate to property taxes.
“Total DSO model” could provide $5 to $12 billion in net benefits to electricity customers: OEA
The Ontario Energy Association today released a Distribution System Operator (DSO) Study which revealed that investing in a Total DSO model in Ontario will provide anywhere from $5 to $12 billion in net benefits to electricity customers, or an average of $48 to $111 per customer annually.
The study points to the need to begin investments in grid modernization immediately to unlock these benefits for customers. The full report can be found here.
Niagara Parks Marina to become new waterfront destination through substantial redevelopment
Niagara Parks will be entirely redeveloping its marina property along the south Niagara Parkway in the Town of Fort Erie over the next three years, with an investment of $19 million from its earned revenue. The goal of the redevelopment is to create a new recreational waterfront destination along the shores of the upper Niagara River with increased public access and amenities.
Marissa West named GM Senior Vice President and President, North America
General Motors today announced several executive leadership changes effective January 2, 2024, including the appointment of Marissa West, current president and managing director of GM Canada, to senior vice president and president, North America.
Did you know?
Focus on Climate
Sustainable business practices every company should adopt
Companies should adopt Eco-friendly practices, especially as the population grows even more environmentally conscious. In today’s corporate world, sustainable business strategies are no longer a matter of conscientious choice or a legal obligation. It is a matter of retaining existing customers and attracting new ones. According to recent studies, younger generations, especially Gen Z, who are already becoming one of the most important consumer groups, demand sustainable, ethical, and environmentally conscious practices.
Many corporations today do everything they can to minimize their carbon imprint and adopt more sustainable strategies for keeping their business green — or as green as it can get. But even though environmental protection has become such a massive requirement today, not every company does everything they can to become more eco-friendly.
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.
