In this edition:
- Canada Post finalizes tentative agreements with 53,000 postal workers
- Niagara Regional Housing Board elects 2026 officers with St. Catharines Mayor as Chair
- Fort Erie Town Council approves 2026 Budget
- Oshawa Assembly moves to two shifts, 1,200 job losses expected
- Meridian launches Indigenous Business and Community Banking resource
- Canada and Republic of Korea strengthen ties in key industrial sectors
- Carney meeting with Canada’s premiers in Ottawa today
- Canadian income gap widens in Q3 2025
- Focus on Retail
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Picture credit: primestockphotograpy / Adobe Stock
Canada Post finalizes tentative agreements with 53,000 postal workers
Canada Post has finalized tentative agreements with its largest union, setting the stage for a vote on new deals lasting until Jan. 31, 2029.
Canada Post said in a Jan. 29 statement it has finalized tentative agreements with the Canadian Union of Postal Workers (CUPW) for 53,000 workers in the urban and the rural and suburban mail carrier (RSMC) bargaining units.
Photo credit: Brad Demers / Greater Niagara Chamber of Commerce
Niagara Regional Housing Board elects 2026 officers with St. Catharines Mayor Mat Siscoe as Chair
At their Jan. 16 meeting, Niagara Regional Housing’s (NRH) Board of Directors elected an Executive Committee comprised of Chair Mat Siscoe (Mayor of St. Catharines), Vice-Chair Jeff Jordan (Mayor of Grimsby), Secretary Tom Insinna (Regional Councillor, Fort Erie), and Treasurer Leanna Villella (Regional Councillor, Welland).
The NRH Board is comprised of five Regional Councillors and four Community Directors.
Picture credit: Town of Fort Erie
Fort Erie Town Council approves 2026 Budget
On January 28, 2026, Fort Erie Town Council approved a budget with a 3.50% increase in residential property taxes on the median household.
The 2026 Fort Erie budget adds $4.54 per month for a median household.
Picture credit: StockGPhoto / Adobe Stock
Oshawa Assembly moves to two shifts, 1,200 job losses expected
Up to 1,200 workers throughout the auto supply chain are expected to complete their final shift on Friday as the company scales back its Canadian operations, according to the union president who represents them.
U.S. President Donald Trump, speaking to his cabinet, says tariffs are driving auto manufacturing companies out of Canada, Mexico and elsewhere in favour of the U.S. market.
Picture credit: JHVEPhoto / Adobe Stock
Meridian launches Indigenous Business and Community Banking resource
Meridian Credit Union has launched a new Indigenous Business and Community Banking online resource, a space built to better support Indigenous entrepreneurs and businesses, First Nation communities, and families.
Picture credit: ochikosan / Adobe Stock
Canada and Republic of Korea strengthen ties in key industrial sectors
Minister of Industry Mélanie Joly and her counterpart, Jung-Kwan Kim, Minister of Trade, Industry and Resources of the Republic of Korea, signed a memorandum of understanding (MOU) on strengthening Canada–Korea industrial collaboration on future mobility and establishing the Canada–Korea Industrial Cooperation Committee.
They discussed key areas of collaboration for the two countries and ways to foster momentum for expanded bilateral industrial cooperation in strategic sectors—in particular, auto and battery manufacturing, critical minerals and artificial intelligence—and trade opportunities.
Picture credit: Pixel-Shot / Adobe Stock
Carney meeting with Canada’s premiers in Ottawa today
Canada’s premiers meet with Prime Minister Mark Carney later today with the renewal of North America’s trilateral free trade agreement casting a shadow over the meeting.
Canada, the United States and Mexico are entering into a review of the trade pact this year and U.S. President Donald Trump is already threatening new tariffs.
Picture credit: Hyejin Kang / Adobe Stock
Canadian income gap widens in Q3 2025
The income gap increased in the third quarter of 2025, Statistics Canada reported today, as lower income households were negatively affected by declining interest rates and self-employment income, while net saving worsened the most for middle income households due mainly to weak wage gains. The wealth gap grew as strong financial market gains benefited the wealthiest.
Focus on Retail
AI-enabled fraud surges as most retailers remain unprepared, Deloitte warns
Mario Toneguzzi, Retail Insider
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.
