In this edition:
- Twelve recipients selected for Innovate Niagara i.d.e.a. fund
- Niagara Health highlights achievements under pressure at mid-strategic-plan update
- New CEO announced at Niagara Children’s Centre
- Joshua Juel takes helm at Chamber of Marine Commerce
- U.S. Commerce Secretary tells Canada to pivot away from auto sector, Premier Ford says it was a ‘massive threat’
- Carney pitches Keystone XL restart to end tariffs on aluminum, steel
- Income gap remains at a record high amid pervasive impacts of weakening economy
- New survey reveals nearly 40% of Canadian employees are feeling burnt out
- Focus on Finance & Economy
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Picture credit: Innovate Niagara
Twelve recipients selected for Innovate Niagara i.d.e.a. fund
12 companies were selected to receive non-repayable contributions of up to $20,000 from Innovate Niagara in partnership with Boundless Accelerator, through Cohort Four of the i.d.e.a. Fund™.
The i.d.e.a. Fund™ is a southern Ontario-focused initiative that was developed to help clean growth firms access the tools they need to succeed. It provides financial and business advisory supports to develop or redesign green products, services, processes and technologies that reduce impacts to our environment and create made-in-Canada climate change solutions.
Picture credit: Niagara Health
Niagara Health highlights achievements under pressure at mid-strategic-plan update
Today, Niagara Health shared a candid update on its five-year strategic plan, Transforming Care, outlining the progress made since its launch in 2023, the challenges facing hospital care in the region and the focus moving forward as the hospital system prepares for the opening of the new South Niagara Hospital in 2028.
Picture credit: Niagara Children’s Centre
New CEO announced at Niagara Children’s Centre
A new era of leadership began this week as Noella Klawitter took the helm as the organization’s new Chief Executive Officer on Oct. 6, 2025. She succeeds longtime CEO Oksana Fisher, who retired after 15 years of dedicated service.
Picture credit: Chamber of Marine Commerce
Joshua Juel takes helm at Chamber of Marine Commerce
The Chamber of Marine Commerce (CMC) board of directors has selected Joshua H. Juel to serve as the CMC’s next President and Chief Executive Officer. Mr. Juel brings to the role more than twenty years of experience in regulatory affairs and operations involving the marine industry in both Canada and the U.S.
Picture credit: dizfoto1973 / Adobe Stock
U.S. Commerce Secretary tells Canada to pivot away from auto sector, Premier Ford says it was a ‘massive threat’
Canada should brace for a diminished role in North American trade, particularly in auto manufacturing, U.S. Commerce Secretary Howard Lutnick told Canadian officials and business leaders during a high-level closed-doors summit in Toronto this Wednesday.
Speaking virtually at the Canada-U.S. summit hosted by the Eurasia Group and BMO, Lutnick said that the United States under Donald Trump are committed to consolidating car assembly within its own borders, and Canada would come “second.”
Photo credit: serikbaib / Adobe Stock
Carney pitches Keystone XL restart to end tariffs on aluminum, steel
Prime Minister Mark Carney raised the prospect of reviving the Keystone XL pipeline project with U.S. President Donald Trump on Oct. 7 as part of a larger pitch on linking energy co-operation and support for Canada’s steel and aluminum sectors.
Picture credit: Pituk / Adobe Stock
Income gap remains at a record high amid pervasive impacts of weakening economy
The income gap—defined as the difference in the share of disposable income between households in the top 40% and the bottom 40% of the income distribution—remained at a record high of 48.4 percentage points in the second quarter of 2025, the same level recorded a year earlier.
Picture credit: Prostock-studio / Adobe Stock
New survey reveals nearly 40% of Canadian employees are feeling burnt out
A new national survey conducted by Canada Life found that, of those surveyed, 39% of Canadian employees report feeling burnt out.
For a company with 500 employees, burnout-related productivity losses and salary costs can exceed $3.4 million annually. Yet, similarly sized organizations that prioritize burnout prevention can save approximately $1.7 million per year, the research found.
Focus on Finance & Economy
Cdn. economy poised for a sluggish rebound, Conference Board of Canada research shows
Canadian Manufacturing
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.
