Business Pulse June, 2011

 

Business leaders flock to Niagara Innovation: 2011
June 5, 2011
Niagara Economic Development Corporation


Innovation. It was the one word that kept coming up at a major networking event for Niagara's business leaders in emerging industry clusters last week.  MORE
   
College celebrates $80 million rebirth
May 26, 2011
Niagara This Week

Niagara College is celebrating more than a facelift. The college celebrated the grand opening of the $40-million Applied Health Institute (AHI) on Friday, capping off a two-year $80-million transformation of the school's Welland campus.  MORE
   
Tourism sector takes stock at season start
May 28, 2011
Niagara Falls Review
With new tourism-related services, and the potential for more in the coming years, officials see a bright future for the No. 1 industry in Niagara Falls.  MORE
   
New Foods Classics trains for second shift
May 20, 2011
St. Catharines Standard


A meat production facility in St. Catharines is up and running, and could be doubling its work force by next year.  MORE
   
Niagara Week 2011
June, 2011
Niagara Original eNewsletter

Regional council and staff were at Queen's Park in early May to make the case for several Niagara Region issues and concerns.  MORE
   
Farmers' markets a mainstay in Niagara
June 11, 2011
Welland Tribune

Niagara is undoubtedly one of the top producers of fresh produce in the province. Its reputation as a food growing region has been cradled by farmers' markets since the St. Catharines Farmers' Market was launched in the 1860s.  MORE
   
Lakeside Steel sees a turnaround in profits
June 13, 2011
News Talk 610 CKTB


A turnaround for Lakeside Steel in Welland. The steelmaker says it earned a fourth quarter profit of $1.3-million, reversing a $4.2-million loss from a year ago.  MORE
   
The new pear on the block - the Harovin Sundown
May 25, 2011
St. Catharines Standard

It's a pear with attitude. It dares to show a little rosiness, is more juicy than its cousins and makes a valiant effort to resist the diseases that try to take it down.  MORE
   
Port Dalhousie tower project kicks into high gear
June 9, 2011
Welland Tribune
Bulldozers could be rolling into Port Dalhousie this summer, with the news that Port Dalhousie Vitalization Corp.'s owners have sold Port Place to a development team with a track record in major reconstruction.  MORE

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Local Economic
Indicators

 

$7,662,396,073

Value of Niagara/USA Cross Border Trade
(Jan-Mar, 2011)


1,594,834
# People Crossing Niagara/USA Border
(Dec, 2010)


$215,264
Avg Housing Price
(Jan-Mar, 2011) 
 


208
Housing Starts
(Jan-Mar, 2011)

 


217
Housing Completions 
(Jan-Mar, 2011)


1,207
Number of Home Sales 
(Jan-Mar, 2011)


$30,000,000
Value of Building Permits, Res & Non-Res
(April, 2011)


9.1%
Unemployment Rate
(May, 2011 Seasonally adjusted)

 


216,800
Labour Force
(May, 2011 Seasonally adjusted)

 


119.9
CPI, Ontario, all items (2002=100)(April, 2011)

 Sources: Statistics Canada,
CMHC, U.S. Dept. of Transportation

Numbers reflect most recent data available.