In this edition:
- Border chambers form bi-national partnership on tariffs and trade
- Trump to go ahead with 25 per cent tariff on Canada tomorrow, White House says
- Doug Ford receives warm welcome in Niagara Falls
- Winners of 2024 Niagara Biennial Design Awards announced
- St. Catharines launches new interactive mapping tool
- Niagara-on-the-Lake Council approves Glendale Secondary Plan to guide future growth
- 13 of 20 economic sectors report downturn in November
- Feds announce deferral in implementation of change to capital gains inclusion rate
- Government of Canada launches consultations on security clearances at ports
- Focus on Canada-U.S. Business
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Picture credit: ehrlif / Adobe Stock
Border chambers form bi-national partnership on tariffs and trade
With deep regional economic ties, the Buffalo-Niagara Partnership, Chatham-Kent Chamber of Commerce, Hamilton Chamber of Commerce, Greater Niagara Chamber of Commerce, and Windsor-Essex Chamber of Commerce, supported by Niagara Region Economic Development, jointly affirm our commitment to fostering a robust and mutually beneficial economic relationship between the United States and Canada.
Our bi-national group of chambers represent 5,065 organizations on both sides of the border employing 430,000 people, and cover both the busiest passenger and cargo land crossings in the country.
In light of recent discussions surrounding tariffs and trade policies, we are united in our call for continued collaboration and dialogue to reduce barriers to trade and ensure a predictable and stable environment for businesses and workers.
Picture credit: Gage Skidmore, CC BY-SA 2.0
Trump to go ahead with 25 per cent tariff on Canada tomorrow, White House says
U.S. President Donald Trump will be implementing a 25 per cent tariff on Canada tomorrow, according to his chief spokesperson.
White House Press Secretary Karoline Leavitt confirmed the news during a briefing with reporters, stating that a Reuters report citing three sources indicating the president would be delaying tariffs until March 1, was “false.”
Photo credit: Eurasia Group
Doug Ford receives warm welcome in Niagara Falls
The provincial election campaign has arrived in Niagara, where PC Leader Doug Ford received a very warm welcome.
Three Niagara Mayors endorsed Ford at a campaign stop with workers from the International Brotherhood of Electrical Workers in Niagara Falls.
Picture credit: Regional Municipality of Niagara
Winners of 2024 Niagara Biennial Design Awards announced
Excellence and innovation in the design of Niagara’s built environment was celebrated on Thursday as the winners of the Niagara Biennial Design Awards were announced at a ceremony held on Jan. 30, 2025. This marked the third installment of Niagara’s Biennial Design Awards, Niagara Region’s bi-annual program that began in 2020.
Picture credit: City of St. Catharines
St. Catharines launches new interactive mapping tool
The City of St. Catharines is making it easier than ever for residents, businesses, and developers to explore and understand their community with the launch of CIVIC Maps—the Community Interactive Visualization and Information Centre.
Photo credit: Town of Niagara-on-the-Lake
Niagara-on-the-Lake Council approves Glendale Secondary Plan to guide future growth
The Town of Niagara-on-the-Lake is pleased to announce the approval of the updated Glendale Secondary Plan, a comprehensive framework designed to guide the area’s growth and development through 2051. This plan replaces the previous 2011 version, aligning with the shared vision established in the 2020 Glendale District Plan.
Picture credit: manassanant / Adobe Stock
13 of 20 economic sectors report downturn in November
Real gross domestic product (GDP) decreased 0.2% in November, the largest monthly contraction since December 2023, following a 0.3% increase in October 2024. Overall, there were broad based declines as 13 of 20 sectors contracted in November.
Click here to read more.
Picture credit: Andrey Popov / Adobe Stock
Feds announce deferral in implementation of change to capital gains inclusion rate
Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026—the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and most types of trusts.
Photo credit: Guy / Adobe Stock
Government of Canada launches consultations on expanding security clearances at ports
Today, the Minister of Transport and Internal Trade, the Honourable Anita Anand, announced a public consultation to gather feedback on expanding security screening requirements at Canada’s ports. These proposed changes would enhance security. Consultations will be open until March 31, 2025.
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Focus on Canada-U.S. business
U.S. alcohol producers brace for sales bans in Canada if Trump launches tariffs
Canadian shoppers looking for Kentucky bourbon or a full-bodied Napa Cabernet may soon find some gaps on liquor-store shelves, as American booze has become a target in a looming trade war.
Canadian politicians say pulling American-made alcoholic beverages from store shelves will be one way to retaliate should U.S. President Donald Trump follow through with plans to enact widespread tariffs on Canadian goods entering the country.
That means U.S. distillers are fighting a trade war on two fronts this week.
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.
