In this edition:
- Bloc MPs will vote confidence in Liberal government next week: Blanchet
- Canada further tightens rules on temporary workers, students
- BoC sees growing risk that high rates may push inflation below 2%, summary suggests
- GM Canada EV drivers will be able to access Tesla Superchargers
- Brock nursing grads fill crucial local health-care roles
- Niagara Parks undertakes improvements along Central Niagara Parkway
- Niagara-on-the-Lake grower selected as 2024 Grape King
- Building construction declines in July, residential and non-residential sectors post losses
- Bank of Canada shelves idea for digital Loonie
- Tupperware, pioneer of food storage and sales parties, files for bankruptcy
- Focus on Climate
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Left: Bloc Quebecois leader Yves-François Blanchet, right: Prime Minister Justin Trudeau | Photo credit: Liberal Party of Canada
Bloc MPs will vote confidence in Liberal government next week: Blanchet
The Conservatives’ first shot at toppling the Liberal government is doomed to fail, after Bloc Quebecois Leader Yves-François Blanchet told reporters his MPs will vote confidence in the government.
Conservative Leader Pierre Poilievre confirmed Wednesday his party is putting forward a non-confidence motion next week and the wording is very straight forward.
Photo credit: New Africa / Adobe Stock
Canada further tightens rules on temporary workers, students
Canada is further reducing the number of study permits it will grant to foreign students and tightening eligibility for work permits in a bid to cut down on the number of temporary residents in the country, the government said on Wednesday.
The announcement comes as Prime Minister Justin Trudeau’s Liberal government, trailing in the public opinion polls and coming off a major by-election loss this week, seeks to reduce the number of temporary residents – including international students and foreign workers – in the country.
Photo credit: Dilok / Adobe Stock
BoC sees growing risk that high rates may push inflation below 2%, summary suggests
Some members of the Bank of Canada’s governing council are growing concerned that high interest rates may bring down inflation by more than necessary.
The central bank’s summary of deliberations released Wednesday offers a glimpse into the council’s discussions in the lead-up to the Sept. 4 interest rate cut.
Photo credit: GM Canada
Beginning today, General Motors will begin opening up access to 17,800 Tesla Superchargers for its customers with the use of a GM-approved NACS DC adapter, a move that will help accelerate fast and convenient charging options for current and future EV drivers.
With the addition of the Tesla Supercharger Network, GM customers will have access to more than 231,800 public Level 2 and DC fast chargers in North America.
Photo credit: Brock University / supplied
Brock nursing grads fill crucial local health-care roles
Brock’s Nursing students are quickly and skillfully transitioning from classroom to clinic thanks to the University’s ongoing partnership with Niagara Health.
Brock’s longtime collaboration with Niagara Health, which was formalized five years ago through Memorandum of Understanding (MOU), has led to enhanced teaching, learning, research and innovation focused on improving health and well-being in Niagara amid provincial health-care sector labour shortages.
Photo credit: Niagara Parks Commission
Niagara Parks undertakes improvements along Central Niagara Parkway
Niagara Parks continues to invest in repairs and improvements along the Niagara River corridor, with several upcoming infrastructure projects planned for the central area of Queen Victoria Park.
Beginning September 17, 2024, Niagara Parks will undertake a comprehensive project to replace the driveway and road leading to the outdoor public washroom facility within Queen Victoria Park (adjacent to the event field at the corner of Murray Street and the Niagara Parkway).
Photo credit: Dennis Cahill
Niagara-on-the-Lake grower selected as 2024 Grape King
Grape Growers of Ontario and Farm Credit Canada are pleased to announce that Niagara-on-the-Lake grape grower Jeff Duc has been chosen by his peers as the 2024 Grape King.
“We are delighted that Jeff Duc, Niagara-on-the-Lake grower has been selected Grape King. Jeff comes from a rich history of grape growers, and his knowledge is a wonderful combination to be selected as an ambassador for our industry,” said Grape Growers of Ontario Chair Matthias Oppenlaender.
Click here to read more.
Photo credit: reme80 / Adobe Stock
Building construction declines in July with both residential and non-residential sectors posting downturns
Investment in building construction decreased 1.7% to $20.9 billion in July, following increases in May (+0.7%) and June (+2.7%). Year over year, investment in building construction rose 7.0% in July.
Both the residential and non-residential sectors posted declines in July. Investment in multi-unit construction increased in Ontario, but this was offset by declines in single-family homes.
Photo credit: N ON NE ON / Adobe Stock
Bank of Canada shelves idea for digital Loonie
After several years of exploring the possibility of introducing a digital currency in Canada, the central bank is shelving the idea.
The Bank of Canada confirmed to CBC News it has shifted its focus away from the idea of introducing a digital Canadian dollar, which could be used for online purchases and money transfers.
Photo credit: Alex Puhovoy / Adobe Stock
Tupperware, pioneer of food storage and sales parties, files for bankruptcy
Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection.
Tupperware, based in Orlando, Fla., plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just before midnight on Tuesday.
Image credit: Brad Demers / Greater Niagara Chamber of Commerce
Regional NEXTNiagara Hackathon welcomes local and global keynote speakers
The upcoming ENGAGE event, hosted by NEXTNiagara, in partnership with the GNCC, is set to spark meaningful discussions between young professionals and community leaders about what constitutes a livable community in Niagara, emphasizing inclusion and sustainability.
Featured keynote speakers include Reza Pourvaziry, Chair of the Urban Economy Forum (UEF) and Founder of the World Urban Pavilion (WUP) in Regent Park, and Drew Toth from Elevate Living, a local real estate developer embracing New Urbanism. Over 150 community members are expected to attend and engage in this vital conversation.
Did you know?
Focus on Climate
The waste food upcycled into new products
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.
