Business Pulse September, 2011

 

Welland LED maker energized to hire
August 24, 2011
Welland Tribune

When opportunity arrived at the door of CRS Electronics, it didn't knock. It banged a drum.  MORE
 

The Government of Canada highlights the contributions of small businesses and entrepreneurs to the economy
September 9, 2011
FedDev Ontario

Today, the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario was at the Niagara Interactive Media Generator (nGen) in St. Catharines to help celebrate the substantial economic contributions being made by small business owners and entrepreneurs across the country.  MORE
   
Sports tourism can play role as economic driver in Niagara region
September 12, 2011
Welland Tribune


Niagara's economy is in transition and in need of new economic generators. Many of the companies that were once common names in the region for decades are now gone or much smaller in terms of employment.  MORE
   
4,000 new students swell Brock's numbers to more than 18,000
September 6, 2011
Niagara Falls Review

With a year's worth of belongings piled high on the sidewalk, Lindsay Allman was ready to move mountains outside Brock University's Vallee Residence Monday.  MORE
 

Airport set to soar
August 28, 2011
St. Catharines Standard

With the face-lift of the Niagara-on-the-Lake airport complete, Ruedi Suter is making promises of a bright new future for the region's runways.  MORE
   
Vincor's new wine press only one of its kind in North America
August 18, 2011
Bullet News Niagara

The business of crushing grapes to make wine has come a long way from the days of bare feet stomping in a wooden barrel.  MORE
   
NEDC wins New Media Award (New York)
September 9, 2011
Niagara Economic Development Corporation


The Niagara Economic Development Corporation (NEDC) has been awarded a "standard of excellence" award from the New Media Institute in New York, for its corporate website - niagaracanada.com.  MORE
   
Pen Centre $13M face-lift well underway
August 25, 2011
Welland Tribune

Work on the Pen Centre's $13-million face-lift has passed the halfway point.  MORE
   
From Garden City to gaming city
September 1, 2011
itbusiness.ca

Tobias Wiegand came to St. Catharines for love but ended up being part of a digital economic revolution in the city.  MORE

On the (regional) buses
September 15, 2011
Niagara This Week

A three-year pilot project that could eventually see a permanent regional transit system in Niagara kicked off this week, with eight new gleaming buses hitting the road.  MORE

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Local Economic
Indicators

 

$7,319,903,713

Value of Niagara/USA Cross Border Trade
(June, 2011)


1,817,351
# People Crossing Niagara/USA Border
(May, 2010)


$220,351
Avg Housing Price
(Apr-June, 2011) 
 


388
Housing Starts
(Apr-June, 2011)

 


547
Housing Completions 
(Apr-June, 2011)


2,919
Number of Home Sales 
(Apr-June, 2011)


$40,100,000
Value of Building Permits, Res & Non-Res
(June, 2011)


8.4%
Unemployment Rate
(August 2011 Seasonally adjusted)

 


215,000
Labour Force
(August, 2011 Seasonally adjusted)

 


120.5
CPI, Ontario, all items (2002=100)(July, 2011)

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

Numbers reflect most recent data available.