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Greater Niagara Chamber of Commerce

Daily Update: July 4, 2023

New provincial regulations coming into effect July 1, GDP holds steady while public sector posts first decline since January 2022, and more.

In this edition:

  • Niagara looked to as key player in federal tourism growth strategy
  • Niagara Health first hospital in the world to purchase Indigenous-supplied, branded medical gloves
  • St. Catharines to host telephone town hall on homelessness crisis
  • Port Colborne mayor tells CN Rail to pay up
  • Beamsville manufacturing facility celebrates expansion
  • Hamilton sets building permit record

Niagara looked to as key player in federal tourism growth strategy

The federal government is banking on Niagara to help drive its new tourism growth strategy, with the goal of pushing Canada’s visitor economy past reviving all the way to thriving.

“Our government’s priority has been to move our tourism industry from recovery to prosperity,” said Tourism Minister Randy Boissonnault as he launched a national strategy called “Canada 365: Welcoming the world” outside Table Rock Centre in Niagara Falls Tuesday.

“Canada has what the world wants. The time is now to position tourism to reach even greater heights.”

Minister Boissonnault later discussed the details of the strategy with Niagara tourism leaders at a GNCC event held at Niagara College’s Benchmark restaurant (pictured).

Click here to read more.

Niagara Health first hospital in the world to purchase Indigenous-supplied, branded medical gloves

A unique partnership initiated by Niagara Health has led to a global first while putting the hospital on the path toward economic reconciliation with Indigenous Peoples.

Niagara Health recently became the first hospital in the world[N1]  to receive a shipment of Indigenous-supplied, acute care nitrile medical gloves. The gloves, manufactured by PRIMED Medical Products, are distributed exclusively by Certified Aboriginal Business Medical, Surgical and Safety Supplies (MSS) Ltd. through Mohawk Medbuy Corporation, a not-for-profit, shared services organization that provides supply chain and other services to hundreds of Canadian hospitals.

Click here to read more.

St. Catharines to host telephone town hall on homelessness crisis

The City of St. Catharines will be joined by partners from across the region to host a Telephone Town Hall where calls will be made to residents to ask questions and gather input on the homelessness issues in St. Catharines.

Mayor Mat Siscoe and City staff will be joined by representatives from Niagara Region, Niagara Assertive Street Outreach (NASO) and Niagara Regional Police Service (NRPS) to answer questions during the telephone town hall on July 13 from 7 p.m. to 8 p.m.

Click here to read more.

When the city builds and installs new drainage systems, the cost of that infrastructure is shared by those who use it, but one landowner along a new drain in Port Colborne is refusing to chip in.

Construction of a new drain in a rural section of the city began in late 2019 and completed in October 2022.

Most of the landowners who use the drain have paid their portion, but CN Rail has yet to do so. Making matters even more interesting is the fact that an enormous cost overrun on the project was a direct result of CN Rail.

Click here to read more.

Beamsville manufacturing facility celebrates expansion

An expansion project in the works for five years is finally complete.

Dörken Systems Inc. marked the completion of the expansion of their facility in Beamsville with a ceremony on June 21.

The ceremony was attended by local councillors, Lincoln Mayor Sandra Easter, and Niagara West MPP Sam Oosterhoff.

Dörken Systems Inc. manufactures air and moisture barriers for commercial and residential construction. Their North American operations are based out of the Beamsville location.

Click here to read more.

Hamilton sets building permit record

The City of Hamilton has announced that on June 14 the city surpassed $1-billion worth of construction since the beginning of the year as measured by building permits issued.

It’s the earliest the city has reached the billion-dollar mark in construction value, three days earlier than the previous record set in 2022, which was on June 17, stated a release.

The milestone represents approximately 2,612 building projects within the residential, institutional, commercial and industrial sectors. The city has reached the $1-billion milestone over 10 years in a row.

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Did you know?

The landfill gas Walker Industries provides direct to the General Motors plant in St. Catharines is enough to power 6,000 homes per year and has reduced the plant’s carbon footprint by 70%.

Focus on Finance & Economy

Insights on inflation in Canada

In 2022, the annual growth in the Consumer Price Index (CPI) rose to a 40-year high of 6.8%. While year-over-year growth in the CPI has subsided since then, it remains higher than what has been experienced in Canada on average over the past four decades. This increase in the CPI—which captures the cost of a fixed basket of goods and services relevant to Canadian consumers—reflects inflationary pressures occurring broadly across the economy. The price of final domestic demand (FDD), which captures not only the price pressures experienced by households but also those faced by businesses and government, has risen at a similar rate to CPI inflation. The gross domestic product (GDP) deflator, the price of goods and services produced domestically, has risen even faster because of export prices.

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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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