In this edition:
- Rate of inflation accelerates to 2%, higher than expectations
- St. Catharines launches core services review survey
- FirstOntario makes $50,000 donation to help feed hungry children at Niagara’s schools
- A ‘lot of ground’ remains between Canada Post, workers as strike talks progress
- Application period for Canada Summer Jobs 2025 begins today
- CME survey results show that North American manufacturers support USMCA
- Focus on Health & Safety
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Photo credit: Monster Ztudio / Adobe Stock
Rate of inflation accelerates to 2%, higher than expectations
The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in October, up from a 1.6% increase in September, as gasoline prices fell to a lesser extent in October (-4.0%) compared with September (-10.7%). The all-items CPI excluding gasoline rose 2.2% in October, the same growth rate as in August and September.
Economists polled by Reuters expected the annual inflation rate rose to 1.9 per cent last month, according to LSEG Data & Analytics.
Photo credit: City of St. Catharines
St. Catharines launches core services review survey
The City of St. Catharines is embarking on a comprehensive core services review to ensure service levels, infrastructure investments, and fiscal responsibility position the city as a desirable place to live for residents and businesses alike.
Led by an external consultant, the core service review will examine the full range of municipal services.
Photo credit: Niagara Nutrition Partners
FirstOntario makes $50,000 donation to help feed hungry children at Niagara’s schools
Niagara Nutrition Partners is receiving $52,000 from FirstOntario Credit Union to support school programs. The entire $250,000 donation will benefit similar programs in Hamilton, Halton, and Haldimand-Norfolk.
Last year, more than 102,000 students in more than 1,500 schools located in 14 communities directly benefited from FirstOntario’s support.
Photo credit: Blacqbook / Adobe Stock
A ‘lot of ground’ remains between Canada Post, workers as strike talks progress
Canada Post and the postal workers union found slivers of consensus Tuesday amid talks with a special mediator, but “a lot of ground” remains between them on the key concerns as a countrywide strike entered its fifth day.
Photo credit: Africa Studio / Adobe Stock
Application period for Canada Summer Jobs 2025 begins today
Today, the Honourable Marci Ien, Minister for Women and Gender Equality and Youth, launched the employer application period for CSJ 2025.
Employers from non-for-profit organizations and the public sector, as well as private sector organizations with 50 or fewer full-time employees, can apply for funding until December 19, 2024, at 11:59 p.m. PST to hire youth next summer. Full-time jobs will become available starting on April 21, 2025.
Photo credit: Victor Moussa / Adobe Stock
CME survey results show that North American manufacturers support USMCA
In advance of the 2026 review of the United States–Mexico–Canada Agreement (USMCA), a new survey reveals that manufacturers across Canada, the U.S. and Mexico overwhelmingly support the trade agreement.
According to the survey, 94 per cent of manufacturers rely to some extent on intra-North American trade. 92 per cent believe that failing to extend the agreement as part of the 2026 review would negatively impact their business to some degree and 93 per cent support increased economic integration between Canada, the U.S. and Mexico.
Did you know?
Focus on Health & Safety
Report finds physically active employees lose fewer workdays
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.
