In this edition:
- Weekend GO train service expanding in Niagara
- Province invests $5.2M in Brock teacher education as new Burlington Campus opens
- Medium-, heavy-duty trucks to face 25% tariff as of Nov. 1, Trump says
- Travel agent revenues reach record high
- Economic uncertainty the main focus at summit of Great Lakes premiers, governors
- Liberal government will move federal budgets to the fall
- Roasters and cafes grapple with rising coffee bean prices
- Delivery apps turn to retail stores for revenue growth opportunities
- Number of temporary worker applications falls as fines rise, government says
- Focus on Finance & Economy
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Photo credit: TOimages / Adobe Stock
Weekend GO train service expanding in Niagara
Picture credit: Brock University
Province invests $5.2M in Brock teacher education as new Burlington Campus opens
Brock celebrated its new modern learning environment in the City of Burlington’s Robert Bateman Community Centre with a ribbon-cutting ceremony and by welcoming the Honourable Nolan Quinn, Minister of Colleges, Universities, Research Excellence and Security, to deliver news of funding that will support 360 new teacher education spaces at the University.
Picture credit: hit1912 / Adobe Stock
Medium-, heavy-duty trucks to face 25% tariff as of Nov. 1, Trump says
All medium- and heavy-duty trucks imported into the United States will face a 25 per cent tariff rate staring Nov. 1, U.S. President Donald Trump said on Monday.
Trump made the announcement in a Truth Social post after saying last month that heavy truck imports would face new duties as soon as Oct. 1.
Photo credit: Maksym Yemelyanov / Adobe Stock
Travel agent revenues reach record high
Picture credit: freshidea / Adobe Stock
Economic uncertainty the main focus at summit of Great Lakes premiers, governors
Economic uncertainty caused by the Trump administration was the focus of a three-day summit of Great Lakes governors and premiers in Quebec City.
Ontario Premier Doug Ford took aim at U.S. President Donald Trump during the Oct. 6 closing news conference, saying the president should be more concerned about China than Canada.
Picture credit: Rixie / Adobe Stock
Liberal government will move federal budgets to the fall
The Liberal government will move to a fall budgeting cycle, a departure from the traditional practice of tabling the federal budget in the spring.
“Budgets in the fall is pretty much the norm, as opposed to the exception in the G7, because it really aligns better with the budget cycle that we see in a number of G7 countries,” said Finance Minister François-Philippe Champagne, during a press conference with reporters on Parliament Hill.
Picture credit: hedgehog94 / Adobe Stock
Roasters and cafes grapple with rising coffee bean prices
Your daily cup of java is getting a little more expensive as roasters and cafes grapple with rising coffee bean prices.
Michael von Massow, food economist at the University of Guelph, says climate change has been the biggest contributor to the ongoing surge in bean prices, as coffee crops are very sensitive to temperature changes.
Picture credit: Erman Gunes / Adobe Stock
Delivery apps turn to retail stores for revenue growth opportunities
Photo credit: @Nailotl / Adobe Stock
Number of temporary worker applications falls as fines rise, government says
Ottawa says the number of temporary foreign worker applications has dropped by half since September 2024, when new rules were introduced to make it harder to get a permit.
Focus on Finance & Economy
Ontario asks if ‘moon shot’ projects should go ahead under special economic zone law
The Canadian Press
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.
