In this edition:
- Brock takes top spot in Canadian university sport management research
- Postal workers union files unfair labour practice complaint against Canada Post
- Canadian steel companies to meet with government on retaliatory response to U.S. tariffs
- Infrastructure Ontario releases details on 28 new infrastructure projects
- Canada’s merchandise trade deficit reaches highest level on record
- Many homeowners plan to rein in spending as mortgage payments rise upon renewal
- Focus on Housing Solutions
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Photo credit: Brock University
Brock takes top spot in Canadian university sport management research
Brock has ranked first in Canada for university sport management research contributions for the third consecutive year.
The annual assessment by the University of North Texas’ Sports Innovation Project also rated Brock sixth overall among 69 universities around the world.
Photo credit: Julia / Adobe Stock
Postal workers union files unfair labour practice complaint against Canada Post
The union representing 55,000 postal workers announced it has filed an unfair labour practice complaint against Canada Post, alleging the employer knowingly interfered with the union’s exclusive collective bargaining rights.
The Canadian Union of Postal Workers also alleges Canada Post tried to discredit the union by providing offers and information directly to union members without first providing relevant documents to CUPW.
Picture credit: jovannig / Adobe Stock
Canadian steel companies to meet with government on retaliatory response to U.S. tariffs
Canadian steel companies and union workers are meeting with members of Parliament on Jun. 5 with the hopes of convincing Ottawa to punch back at U.S. President Donald Trump’s tariff hike.
Industry and labour groups, along with Ontario Premier Doug Ford, are all calling on the federal government to quickly implement matching tariffs to retaliate against the U.S.
Picture credit: Framestock / Adobe Stock
Infrastructure Ontario releases details on 28 new infrastructure projects
Today, Infrastructure Ontario released its latest Market Update, listing 28 major projects in pre- and active procurement, totalling more than $30 billion in estimated design and construction costs. A further 19 publicly announced projects in the initial stages of planning have been included in this update, in addition to a projected 298 capital repairs projects valued at approximately $110 million.
Picture credit: Who is Danny / Adobe Stock
Canada’s merchandise trade deficit reaches highest level on record
In April, Canada’s merchandise exports dropped 10.8%, while imports fell 3.5%. As a result, Canada’s merchandise trade deficit with the world widened from $2.3 billion in March to $7.1 billion in April. This was the largest deficit on record.
Photo credit: Looker_Studio / Adobe Stock
Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD
Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
Focus on Housing Solutions
MZOs: A useful planning tool or an unnecessary override?
Ontario is facing a structural housing slump and based on current trends will not achieve its target of building 1.5 million new homes over a 10-year period. On average, 150,000 housing units would have to be built every year from 2022 to 2031. According to the provincial budget tabled by finance minister Peter Bethlenfalvy, Ontario’s starts were only half of this figure in 2024 at 74,573 and are forecast to drop to 71,800 in 2025.
The Ontario government recognizes that there is a wide gap between our growing population and housing production but remains committed to build more housing and to provide municipalities with funding for housing-enabling infrastructure. This article will focus on one of the tools in the toolbox that has been relied on by the Doug Ford government over the past several years: ministerial zoning orders or MZOs.
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.
