In this edition:
- Niagara College elects new chair and vice-chair, welcomes new board members
- Niagara Transit operating budget poised to climb 5.88%
- Government of Ontario invests $9.2M in Indigenous entrepreneurs, businesses
- Number of Canadians claiming EI increases for third month in a row
- Skilled Trades Ontario launches first apprenticeship awards
- Canada real estate: Royal LePage says foreign buyer ban has ‘had virtually no impact’
- Focus on Human Resources
Did you know you can get the GNCC’s Daily Update emailed to you? Click here to sign up.
Left: incoming chair Lora Tisi, right: incoming vice-chair Rashmi Biswas | Photo credit: Niagara College
Niagara College elects new chair and vice-chair, welcomes new board members
Niagara College is pleased to officially announce the election of the new Chair and Vice-Chair of the Board of Governors, as well as new Board members.
On September 1, Lora Tisi, accomplished International Retailer and former President of RW&CO Brand, began her term as Chair, and Rashmi Biswas, co-owner of Lake and Associates Canada Inc., was elected Vice-Chair. Tisi succeeds Mishka Balsom, a four-year Governor who served as Chair from September 2022 to August 2024.
The duo will lead the College’s committed group of volunteer Governors through the 2024-25 academic year.
Photo credit: Niagara Region Transit
Niagara Transit operating budget poised to climb 5.88%
Niagara Transit Commission has approved a gross operating budget of $87.5 million for next year, which represents a 5.88 per cent increase over 2024.
But the budget won’t include the addition of extended Sunday and holiday routes for intermunicipal transit users after the commission defeated a motion put forth by Caleb Ratzlaff, a St. Catharines city councillor, during its Tuesday meeting.
Photo credit: JHVEPhoto / Adobe Stock
Government of Ontario invests $9.2M in Indigenous entrepreneurs, businesses
The Ontario government is providing $9.2 million in grants and funding to Indigenous entrepreneurs, businesses, communities, and organizations to support lasting economic prosperity.
The Indigenous Economic Development Fund (IEDF) and the Indigenous Community Capital Grants Program (ICCGP) are annual funds that support recipients across the province to develop infrastructure, create growth plans and provide employment services to help strengthen Indigenous communities and local economies. For 2024-25 Ontario is supporting 48 initiatives across the province with a total commitment of $3.2 million for the IEDF and a total commitment of $6 million for ICCGP.
Photo credit: Pixel-Shot / Adobe Stock
Photo credit: sidekick / Adobe Stock
Skilled Trades Ontario launches first apprenticeship awards
Skilled Trades Ontario (STO) has announced the launch of its inaugural apprenticeship awards, designed to recognize excellence and dedication in the Ontario’s skilled trades apprenticeship system. Eligible nominees must be a registered apprentice with Ontario and have completed Level 1 in their trade.
Full award descriptions and nomination criteria are available here. Nominations will be open until Sept. 30.
Ray Chun | Photo credit: TD
TD Bank names Canadian banking head Ray Chun new CEO; Masrani to retire
Photo credit: Rawf8 / Adobe Stock
Canada real estate: Royal LePage says foreign buyer ban has ‘had virtually no impact’
The federal government’s ban on foreign nationals and companies owning housing in Canada has not materially lowered prices or boosted the inventory of real estate on the market, says Royal LePage president and CEO Phil Soper, in a new report.
Did you know?
Focus on Human Resources
Why politics at work may impact Gen Z feelings of safety
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.
