In this edition:
- Niagara firm E.S. Fox among Ontario businesses picked for Pickering Nuclear Refurbishment Project
- City of Welland approves affordable and attainable housing project on Crowther Avenue
- Niagara Region secures credit rating recognition for fourth consecutive year
- Brock launches $100M sustainability initiative
- HOPA Ports launches community survey
- Deal reached to allow grocers to avoid accepting beer and wine empties
- U.S. tariffs caused Ontario economy to contract by 0.6% in Q2 2025
- Will U.S. Thanksgiving drive up gasoline prices in Ontario?
- More Canadians are missing non-mortgage debt payments, says Equifax
- Focus on Climate
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Photo credit: Ken / Adobe Stock
Niagara firm E.S. Fox among Ontario businesses picked for Pickering Nuclear Refurbishment Project
Niagara-based company E.S. Fox will provide nuclear qualified staff to perform construction, fabrication, and maintenance services, leveraging its integrated approach developed through decades of nuclear experience and supporting the replacement of critical air systems such as breathing and instrument air systems. The firm will create approximately 400 jobs associated with this work as part of a total of 37,000 jobs expected to be created.
Photo credit: SewcreamStudio / Adobe Stock
City of Welland approves affordable and attainable housing project on Crowther Avenue
Welland City Council has approved an affordable and attainable housing development that will create 83 new rental homes on City-owned lands north of Broadway, on both sides of the unopened Crowther Avenue road allowance.
The project is moving forward through a partnership between Bethlehem Housing and Support Services (BHSS) and the Community Land Trust of Niagara (CLTN).
Picture credit: Regional Municipality of Niagara
Niagara Region secures credit rating recognition for fourth consecutive year
In October 2025, S&P Global Ratings reaffirmed Niagara Region’s AA+ credit rating, citing strong financial management and a stable outlook.
This marks the fourth consecutive year Niagara Region has earned this rating.
Brock University President Lesley Rigg and Vice-President, Administration and Services Scott Johnstone celebrate after flipping the ceremonial switch to launch SPARK. | Picture credit: Brock University
Brock launches $100M sustainability initiative
A celebration was held Tuesday, Nov. 25 to mark the launch of the SPARK (sustainability, performance, adaptation, renewal and knowledge) initiative, which will drastically reduce Brock’s carbon footprint and accelerate achievement of its sustainability goals.
Picture credit: HOPA Ports
HOPA Ports launches community survey
HOPA Ports is more than a gateway for trade and industry, it’s a vital part of our region’s economic growth, supporting thousands of jobs and connecting local businesses to global markets. Yet, research shows that many in the community aren’t fully aware of the port’s modernization efforts, sustainability initiatives, or the diverse opportunities it creates.
Visit the HOPA Ports website or follow them on social media for the survey link, complete the “Your Voice Matters” survey and share your thoughts.
Picture credit: Curto / Adobe Stock
Deal reached to allow grocers to avoid accepting beer and wine empties
Ontario grocers and The Beer Store have reached an agreement-in-principle on alcohol recycling that will allow the retailers to avoid collecting empties at their stores and gives a renewed role to the brewers, The Canadian Press has learned.
Picture credit: Who is Danny / Adobe Stock
U.S. tariffs caused Ontario economy to contract by 0.6% in Q2 2025
In the second quarter of 2025, Ontario’s real Gross Domestic Product (GDP), the broadest measure of economic activity, declined by 0.6% from the previous quarter, largely due to a significant drop in Ontario’s exports as US tariffs came into effect, as well as sharply lower business investment in machinery and equipment, a new report from the Financial Accountability Office of Ontario (FAO) shows.
The latest economic indicators suggest that Ontario’s economy was little changed in the third quarter of 2025, with modest losses in employment and lower international exports, while gains were recorded in retail sales, wholesale trade, manufacturing sales and the housing market. Based on these economic indicators, Ontario’s economy may avoid a technical recession.
Image credit: Fxquadro / Adobe Stock
Will U.S. Thanksgiving drive up gasoline prices in Ontario?
While we don’t have a long weekend here in Ontario, our gasoline prices often reflect what is happening in the United States and our southern friends will be enjoying their Thanksgiving on Thursday, Nov. 27, giving them a pseudo long weekend.
Fortunately, there is no anticipated gasoline price increase for us in Ontario.
Picture credit: Kittiphan / Adobe Stock
More Canadians are missing non-mortgage debt payments, says Equifax
Equifax Canada says the number of consumers missing a non-mortgage debt payment in the third quarter rose compared with a year ago.
The company says the 90-day non-mortgage balance delinquency rate was 1.63 per cent, up 14 per cent compared with the third quarter last year.
Focus on Tourism
The Quest for Canadian Wine Sovereignty
Christine Sismondo / Maclean’s
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.
