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Greater Niagara Chamber of Commerce

Daily Update: November 7, 2024

In this edition:

  • Brock unveils new strategic plan to guide university for next five years
  • How will second Trump term impact businesses in Niagara?
  • Niagara College Culinary Innovation prof shines at Excellence in Agriculture Awards
  • Prime Minister re-establishes Cabinet Committee on Canada-U.S. Relations, while Ontario promises “charm offensive” in U.S.
  • Welland mayor calls on premier to invoke notwithstanding clause to deal with homeless encampments
  • Canadian Tire CEO says consumer confidence ‘lowest we’ve seen in a long time’
  • Focus on Markets

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Brock senior leaders launch their new strategic plan on stage in front of an assembled crowd

Photo credit: Brock University / supplied

Brock unveils new strategic plan to guide university for next five years

Brock has unveiled a new institutional strategic plan that will guide the University and its decision-making through the next five years. Transforming people, reimagining the future articulates an institutional purpose statement, guiding principles and four key areas of strategic focus. 

The plan highlights Brock’s commitment to its growing research enterprise, environmental social and economic sustainability, internationalization, decolonization and reconciliation, and fostering an equitable, inclusive and accessible environment for all.    

Click here to read more.


U.S. President Donald Trump, at left, listens while Canadian Prime Minister Justin Trudeau speaks, at right

Photo credit: Office of the Prime Minister of Canada

How will second Trump term impact businesses in Niagara?

Will Donald Trump’s re-election as U.S. president lead to a trade war between Canada and its No. 1 trading partner?

Or are there opportunities to grow the relationship between the two countries?

It depends who you ask.


Amy Proulx (centre) is recognized with an Honorable Mention in Education Excellence by Minister of Agriculture, Food and Agribusiness Rob Flack (right), and Member of Provincial Parliament for Lanark – Frontenac – Kingston, and Parliamentary Assistant to the Minister of OMAFA, John Jordan (left).

Amy Proulx (centre) is recognized with an Honorable Mention in Education Excellence by Minister of Agriculture, Food and Agribusiness Rob Flack (right), and Member of Provincial Parliament for Lanark – Frontenac – Kingston, and Parliamentary Assistant to the Minister of OMAFA, John Jordan (left) | Photo credit: Niagara College (supplied)

Niagara College Culinary Innovation prof shines at Excellence in Agriculture Awards

When it comes to agri-food leadership in Ontario, Niagara College Culinary Innovation professor, Amy Proulx, PhD, is the cream of the crop.

Proulx (of Fenwick, Ontario) was awarded an Honorable Mention in Education Excellence at the 2024 Excellence in Agriculture Awards. The event, held on November 2 at the Royal Agricultural Winter Fair in Toronto, recognized 13 winners and 16 honorable mentions in agriculture excellence across 11 diverse categories.

Click here to read more.


The Canadian and U.S. flags

Photo credit: Oleksii / Adobe Stock

Prime Minister re-establishes Cabinet Committee on Canada-U.S. Relations, while Ontario promises “charm offensive” in U.S.

The Prime Minister, Justin Trudeau, today re-established the Cabinet Committee on Canada-U.S. Relations following the election of President Donald Trump for a second term, to focus on critical Canada-U.S. issues.

Ontario Premier Doug Ford and Economic Development Minister Vic Fedeli said government representatives will head down south to protect jobs and promote trade on a “charm offensive” in the United States in the coming weeks now that Donald Trump has won the presidential election.

Click here to read more.


Welland Mayor Frank Campion

Welland Mayor Frank Campion | Photo Credit: Regional Municipality of Niagara

Welland mayor calls on premier to invoke notwithstanding clause to deal with homeless encampments

Arguing the city has done everything in its power to deal with homeless encampments, Welland Mayor Frank Campion has joined other municipal leaders across the province asking Ontario’s premier for stronger tools.

On Wednesday, Campion issued a “Mayor’s Message,” which stated he sent a letter to Premier Doug Ford to support the use of the notwithstanding clause of the Charter of Rights and Freedoms to override court rulings that limit the ability of municipalities to remove encampments on public land.

Click here to read more.


The exterior of a Canadian Tire store in Dartmouth, Nova Scotia

Photo credit: Kevin Brine / Adobe Stock

Canadian Tire CEO says consumer confidence ‘lowest we’ve seen in a long time’ as profit rises

Canadian Tire reported a profit increase in its latest quarter, despite constrained consumer spending and a confidence level that the company’s CEO says “is the lowest we’ve seen in a long time.”

“Economic factors like cost of living and unemployment have continued to constrain consumer spending. At the same time, consumer sentiment, or the confidence with which they spend their money, is the lowest we’ve seen in a long time,” Canadian Tire chief executive Greg Hicks said on a conference call with analysts on Thursday.

Click here to read more.


Did you know?

The Government of Canada has ordered TikTok to shutter its Canadian operations, although Canadians can still legally use the app.


Focus on Markets

Canadian dollar rebounds as investors rethink tariff risk

The Canadian dollar strengthened against its U.S. counterpart on Thursday as the Federal Reserve cut interest rates and investors grew less anxious about the prospect of tariffs disrupting Canada’s economy.

The loonie was trading 0.6% higher at 1.3860 to the U.S. dollar, or 72.15 U.S. cents, after trading in a range of 1.3851 to 1.3948.

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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