In this edition:
- Ontario gas prices expected to go up Canada Day long weekend
- St. Catharines to do away with all coin-operated single-space parking meters
- Construction to start on first-of-its-kind $58M condo development in downtown Grimsby
- Niagara-on-the-Lake council approves new hotel on Parliament Oak property
- Number of payroll employees in Canada posts first decline after three months of gains
- New research shows effects of filtering on housing affordability
- Canada Day festivities planned across Niagara
- Focus on Technology
Ontario gas prices expected to go up Canada Day long weekend
Drivers may be wondering if they’ll be paying more for gas at the pumps this Canada Day long weekend.
Unfortunately, it looks like they will, according to energy analyst Dan McTeague, president of Canadians for Affordable Energy.
St. Catharines to do away with all coin-operated single-space parking meters
St. Catharines is modernizing its parking system by removing all coin-operated single-space parking meters.
The City will be replacing the outdated meters with HONK pay-by-phone zones, and pay-and-display multi-space meters.
Construction to start on first-of-its-kind $58M condo development in downtown Grimsby
Construction has started on a $58M condo development in downtown Grimsby.
DeSantis Homes is building ‘Century Condos’, a four-storey L-shaped building at 21 Main Street, beside the Judge and Jester restaurant.
To cries of ‘shame,’ Niagara-on-the-Lake council approves new hotel on Parliament Oak property
Despite residents’ opposition, Niagara-on-the-Lake councillors again narrowly supported a proposal for a 19-metre-tall, 129-room hotel on the former Parliament Oak public school site.
The property for the proposed five-star hotel, which includes a restaurant and patio, spa, banquet and conference facilities, plus retail space on the four-hectare site, is located within the Heritage Conservation District Expansion Study Area.
Number of payroll employees in Canada posts first decline after three months of gains
The number of employees receiving pay and benefits from their employer—measured as “payroll employment” in the Survey of Employment, Payrolls and Hours—decreased by 22,700 (-0.1%) in April. This decline followed three consecutive monthly increases from January to March, with a cumulative gain of 92,500 (+0.5%) over this period, Statistics Canada reports.
New research shows effects of filtering on housing affordability
As Canada faces a housing supply and affordability crisis, building a mix of housing cost types is the most effective way to create a vacancy chain and improve affordability over the long term, across all households. This process, also known as filtering, is the gradual transition of existing housing stock from higher-income to lower-income households, as new housing stock is built and vacancies are created.
Canada Day festivities planned across Niagara
There will be plenty of festivities to celebrate Canada Day across the region.
Did you know?
Focus on Technology
Electric vehicle tariffs: What’s next for the future of EVs in Canada?
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.
