In this edition:
- Five Niagara politicians interviewed for appointed regional chair role
- G7 agrees to release 100M barrels of oil, starting with diesel
- UNF study estimates $92.2M Ontario GDP impact, 717 jobs
- Seaway cargo rises 3.5% as dry bulk traffic jumps 20%
- GM Canada EV sales rise 118.6% in third quarter
- HOPA backs Bill C-39, citing faster approvals and new port partnerships
- Canada launches national AI council to advise on adoption and infrastructure
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Picture credit: JHVEPhoto / Adobe Stock
Five Niagara politicians interviewed for appointed regional chair role
The province has interviewed Welland Mayor Frank Campion, regional councillors Rob Foster, Wayne Olson and Peter Secord, and Niagara-on-the-Lake Lord Mayor Gary Zalepa for Niagara’s next regional chair. The successful applicant is expected to be announced after the Oct. 26 municipal election.
Picture credit: BigBlues / Adobe Stock
G7 agrees to release 100M barrels of oil, starting with diesel
G7 countries will coordinate a 100-million-barrel oil release over four months, beginning with a substantial release of diesel within 20 days. The move comes as diesel prices remain elevated, with Canadian diesel averaging $2.63 per litre and high fuel costs pressuring trucking and agriculture.
Picture credit: University of Niagara Falls Canada
UNF study estimates $92.2M Ontario GDP impact, 717 jobs
A study commissioned by University of Niagara Falls Canada estimates its students generated $92.2 million in Ontario GDP and supported 717 jobs in 2025-26. UNF reported 3,605 unique students, 97.7% of them international, with estimated education and living expenditures totalling $113.5 million.
Picture credit: Alexandre / Adobe Stock
Seaway cargo rises 3.5% as dry bulk traffic jumps 20%
St. Lawrence Seaway year-to-date cargo reached 24.9 million tonnes in September, up 3.49% from 2025. Dry bulk traffic rose 20.26% to 9.1 million tonnes and vessel transits increased 5.35%, while grain, iron ore, coal, liquid bulk and general cargo volumes were lower.
Picture credit: GM Canada
GM Canada EV sales rise 118.6% in third quarter
GM dealers delivered 74,101 vehicles in Canada in the third quarter of 2026, with electric-vehicle sales up 118.6% from a year earlier. Cadillac’s EV lineup and Chevrolet’s Equinox EV, Bolt and Silverado EV led the increase, while compact SUV sales rose 12.3%.
Picture credit: HOPA
HOPA backs Bill C-39, citing faster approvals and new port partnerships
HOPA Ports says the proposed Building Canada Strong Act would make federal infrastructure approvals more predictable and give port authorities more flexibility to partner with municipalities, Indigenous communities and private investors. HOPA says the changes could strengthen Great Lakes trade corridors and support new infrastructure investment. Hopaports
Picture credit: SYEDARASHEKA / Adobe Stock
Canada launches national AI council to advise on adoption and infrastructure
Prime Minister Mark Carney announced a new National Council on Artificial Intelligence to advise the federal government on AI adoption, national champions, sovereign infrastructure, safety and governance. The council will support the government’s AI for All strategy and includes researchers, entrepreneurs, investors and public-sector leaders. Office of the Prime Minister
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.
