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Greater Niagara Chamber of Commerce

Daily Update: July 19 2024

In this edition:

  • LCBO, union reach tentative deal to end two-week-long strike
  • Government of Canada announces Child Benefit increases
  • Retail trade down in eight of nine subsectors: StatCan
  • Steven MacKinnon appointed as Minister of Labour and Seniors
  • Summer in full swing: Niagara school boards spending millions of dollars on buildings
  • Focus on Climate

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Photo credit: Iryna / Adobe Stock

LCBO, union reach tentative deal to end two-week-long strike

The Liquor Control Board of Ontario and the union representing 10,000 of its workers reached a tentative contract deal Friday to end a two-week-old strike.

The LCBO said in a statement that the tentative agreement will end the strike at 12:01 a.m. on Monday if it is ratified and the retailer is planning to reopen stores on Tuesday.

“We look forward to welcoming our unionized employees back to work in service of Ontarians,” the LCBO wrote in its statement.

Click here to read more.


Photo credit: The Honourable Jenna Sudds

Government of Canada announces Child Benefit increases

Today, on its eighth anniversary, the Minister of Families, Children and Social Development, Jenna Sudds, announced the maximum annual Canada Child Benefit will increase again to help parents keep up with the cost of living.

For the 2024–25 benefit year, families can receive up to $7,787 per child under the age of 6 and $6,570 per child aged 6 through 17, or up to $350 more than last year. This represents an increase of 4.7% from the previous year.

Click here to read more.


Photo credit: StockPhotoPro / Adobe Stock

Retail trade down in eight of nine subsectors: StatCan

Retail sales decreased 0.8% to $66.1 billion in May. Sales were down in eight of nine subsectors, led by decreases at food and beverage retailers.

Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were down 1.4% in May.

In volume terms, retail sales decreased 0.7% in May.

Click here to read more.


Photo credit: Mélanie Provencher, House of Commons Photo Services

Steven MacKinnon appointed as Minister of Labour and Seniors

The Prime Minister, Justin Trudeau, today announced that Steven MacKinnon will become Minister of Labour and Seniors, replacing Seamus O’Regan Jr., who announced that he would be stepping down.

In his previous role as Leader of the Government in the House of Commons, Minister MacKinnon accumulated a wealth of experience building consensus and working with partners to pass legislation, the Prime Minister’s office reports.

Click here to read more.


Photo credit: UA-Visions.com / Adobe Stock

Summer in full swing: Niagara school boards spending millions of dollars on buildings

While students and most staff are out of the classroom enjoying summer vacation, school boards are working to ensure Niagara buildings are ready for September.

Whether that means deep cleaning and waxing floors, or updating roofs and HVAC systems — and in one case, putting finishing touches on a brand-new building — the public and Catholic boards summer to-do list is extensive.

Click here to read more.


Did you know?

Ontario is the largest sub-national automotive assembly jurisdiction in North America.


Focus on Climate

Ontario floods: How nature-based solutions can promote effective flood management

This week, large areas of Ontario experienced severe flooding that caused widespread power outages, water damages and disruption. Severe rainfall events are not new, but they are becoming more frequent and costly due to human-caused climate change.

Flooding is a challenge affecting everything from economic security, to drinking water and the pursuit of truth and reconciliation. Canada must adapt to the urgent risks posed by worsening floods. Luckily, numerous pathways exist for individual Canadians to engage in collective actions to protect ourselves and our communities.

Click here to read more.


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.


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