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Greater Niagara Chamber of Commerce

Daily Update: November 20, 2025

In this edition:

  • Niagara’s economy outpacing national and provincial numbers despite trade challenges
  • Ontario introduces legislation prioritizing provincial goods and services in procurement
  • St. Catharines keeps 2026 tax increase at 1.74%
  • Niagara-on-the-Lake launches new advertising and sponsorship policy
  • ‘Major upgrade’: Increase in heights, units coming to Portage Road apartments
  • Niagara EI claim increases far less than national average
  • New trade deal reduces red tape, knocks down barriers across Canada
  • September marks end of three-month streak where more Americans travelled to Canada than vice versa
  • Focus on Climate

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Picture credit: Giant Shoe Creative Agency

Niagara’s economy outpacing national and provincial numbers despite trade challenges

Niagara’s economy remains resilient amid global and trade-related pressures, which have led to soft local GDP (gross domestic product) and wage growth, along with sector-specific job losses.

Blake Landry, Niagara Region’s manager of research and analysis, told regional councillors population and labour force growth, as well as industrial and commercial investment, will help to offset some of the pressures on the local economy.

Click here to read more.


Picture credit: SeanPavonePhoto / Adobe Stock

Ontario introduces legislation prioritizing provincial goods and services in procurement

The Ontario government has announced that it will introduce the Buy Ontario Act, 2025, that, if passed, will mandate the prioritization of first Ontario and then Canadian goods and services for all public sector organizations.

In cases where Ontario or Canadian goods and services cannot be procured at a reasonable cost or timeframe that would maintain value for taxpayers, the policy would continue to allow procurement outside of Canada.

Click here to read more.


St. Catharines City Hall

Photo credit: City of St. Catharines

St. Catharines keeps 2026 tax increase at 1.74%

St. Catharines residents will see a 1.74 per cent city increase on their property tax bills in 2026 after council wrapped up budget deliberations Wednesday night and the mayor said he won’t make further changes.

Click here to read more.


Picture credit: Town of Niagara-on-the-Lake

The Town of Niagara-on-the-Lake has introduced a new Advertising and Sponsorship Policy, approved by Council at the September 23, 2025, meeting, to guide all advertising and sponsorship activities. Standardizing advertising efforts marks another indicator of success completed under the Council’s Strategic Plan pillar of Optimize Organizational Excellence.

To support this initiative, the Town has launched a new “Advertise With Us” webpage that outlines available advertising and sponsorship opportunities.

Click here to read more.


Picture credit: City of Niagara Falls

‘Major upgrade’: Increase in heights, units coming to Portage Road apartments

Described as a “perfect development in a perfect location,” two apartment buildings on a busy stretch of Portage Road will get significant improvements after Niagara Falls city council approved a developer’s proposal to increase heights and the number of units.

Click here to read more.


Picture credit: skrotov / Adobe Stock

Niagara EI claim increases far less than national average

An additional 130 people in the St. Catharines-Niagara CMA claimed Employment Insurance (EI) benefits in September 2025 when compared with the same month in 2024, representing a 2.2% increase – dramatically lower than the national figure of 11.7%.

Click here to read more.


Rail cars carrying shipping containers painted with the Canadian flag

Picture credit: Negro Elkha / Adobe Stock

New trade deal reduces red tape, knocks down barriers across Canada

Trade of tens of thousands of goods across Canada’s 14 jurisdictions will soon be free after an agreement has been signed between all provinces, territories and the federal government to allow businesses to sell their products across Canada.

Click here to read more.


United States and Canada flags together textile cloth, fabric texture

Picture credit: Oleksii / Adobe Stock

September marks end of three-month streak where more Americans travelled to Canada than vice versa

In September, the number of Canadian-resident return trips from the United States was down 30.9% year over year, while the number of trips to Canada by US residents decreased 2.6%. September marked the end of a three-month summer streak (June to August 2025), where more US residents travelled to Canada than Canadian residents travelled to the United States.

Click here to read more.


Focus on Climate

It happened gradually, then suddenly.

An alliance of banks dedicated to cutting greenhouse gas emissions lost some of its biggest members near the start of the year, just before Donald Trump took office. A few months later the Net Zero Banking Alliance abandoned its most ambitious goal, a pledge to limit global warming to 1.5C.

Then in early October the alliance, which was set up in 2021 and had nearly 150 corporate members at its peak, voted to disband entirely.

On the surface its dissolution seemed linked to the sweeping changes in environmental policy filtering down from the White House – Trump’s exhortations to “drill, baby, drill” and the Republican Party’s battle against “woke” companies and institutions.

A wave of coverage suggested that the US president was giving cover to companies to end their green pledges. And several headlines suggested that others were keeping their climate polices on the down-low to avoid the president’s wrath.

The latter trend has been dubbed “greenhushing” – deliberately downplaying climate pledges. But experts and researchers working in the field say the full picture is much more complicated, and pre-dates last year’s US presidential election.

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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