In this edition:
- New condo sales in GTHA plunge to lowest level since 1991
- Canada Post’s tentative contracts scrap some delivery operations changes
- Niagara College, George Brown Polytechnic to explore joint programs, student supports
- General Motors is Canada’s Electric Vehicles Sales Leader in 2025
- Retail sales up in November, led by food and beverage subsector
- Government of Canada opens programs for farmers affected by drought
- Pelham, West Lincoln seek input on programs
- Transit Over Traffic report claims Bradford Bypass, 413 and 401 tunnel need to be axed
- Trips to Canada by overseas residents continue to increase
- Focus on Canada-U.S. Business
Did you know you can get the GNCC’s Daily Update emailed to you? Click here to sign up.
Picture credit: Colin N. Perkel / Adobe Stock
New condo sales in GTHA plunge to lowest level since 1991
Sales of newly completed condominiums in the Greater Toronto Hamilton Area fell last year to the lowest level since 1991, as a record 28 active condo projects were cancelled.
A report released by Urbanation said 2025 marked the fourth straight year of fewer new condo sales in the region, falling 60 per cent from the previous year to a total of 1,599 units. New condo sales in 2025 were also 91 per cent below the 10-year average and have dropped 95 per cent since 2021.
Photo credit: GDMatthews / Adobe Stock
Canada Post’s tentative contracts scrap some delivery operations changes
Canada Post employees will vote on contract proposals that, if ratified, will have a much different effect on delivery operations than previously rejected offers.
Workers represented by the Canadian Union of Postal Workers will cast their votes on two tentative contracts — one covering urban workers, the other addressing rural and suburban mail carriers — following a lengthy negotiation process between the carrier and the union.
Picture credit: Niagara College
Niagara College, George Brown Polytechnic to explore joint programs, student supports
Picture credit: General Motors
General Motors is Canada’s Electric Vehicles Sales Leader in 2025
Driven by the largest and most diverse electric vehicle portfolio in Canada, General Motors was the country’s electric vehicle (EV) sales leader in 2025, spanning 13 models across Chevrolet, Cadillac and GMC that span value, luxury and truck segments.
In 2025, GM captured 21.2 per cent of Canada’s EV market, with over 25,000 total EV registrations, reinforcing the company’s leadership as Canadians are choosing electric vehicles.
Retail sales up in November, led by food and beverage subsector
Also contributing to the gain in core retail sales in November were higher sales in the health and personal care retailers subsector (+1.6%).
Picture credit: by-studio / Adobe Stock
Government of Canada opens programs for farmers affected by drought
To support the farming and agri-food industry in Newfoundland and Labrador, the Honourable Heath MacDonald, Minister of Agriculture and Agri-Food Canada, and the Honourable Pleaman Forsey, Minister of Forestry, Agriculture and Lands, are announcing measures to assist farmers and producers affected by drought conditions in 2025.
The Federal and Provincial Governments are opening the 2025 AgriStability program to accept late participants. Interested producers must submit their final application by the September 30, 2026 deadline.
Picture credit: Phumphat / Adobe Stock
Pelham, West Lincoln seek input on programs
The Town of Pelham is initiating a Zoning By-law Amendment to update its regulations regarding Additional Residential Units (ARUs) within the Town. The Town of Pelham would appreciate receiving written and/or verbal comments regarding this application.
The Township of West Lincoln is also inviting the public to provide feedback on potential Affordable Housing Community Improvement Plan (CIP) programs. The online survey will be available until January 31, 2026.
Picture credit: resul / Adobe Stock
Transit Over Traffic report claims Bradford Bypass, 413 and 401 tunnel need to be axed
In a hard-hitting analysis that takes direct aim at the province’s land use and transportation policies, a new report says residents in the Greater Toronto and Hamilton Area would be better served if the government focused more on public transit and less on mega-highway projects.
The Transit Over Traffic report says Ontario could build 400 kilometres of new public transit with the $80 billion it plans to spend on “gridlocking creating” highway projects such as the Bradford Bypass, Highway 413 and the Highway 401 tunnel.
Those projects will only make commuting worse and should be cancelled, says the report.
Picture credit: Maksym Yemelyanov / Adobe Stock
Trips to Canada by overseas residents continue to increase
In November, 324,200 overseas residents arrived in Canada, up 13.6% from the same month a year earlier, with the majority (85.6%) of arrivals by air.
An increase in arrivals from Europe (+14.8%) and Asia (+16.9%)—the top two source markets for overseas visitors to Canada—was the primary contributor to the year-over-year rise in overseas-resident arrivals in November.
Focus on Canada-U.S. Business
Buy Canadian movement could ramp up again during trade talks
Ritika Dubey, The Canadian Press
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.
