Economy

Recent Posts

Proposed changes to short-term rentals in Alnwick-Haldimand coming to council

By: |
AIRBNB

The story:

The future of short-term rentals in Alnwick-Haldimand Township is about to come to a head over the next few weeks. A coalition of short-term rental operators and the local business association have teamed up to fight proposed changes to a bylaw controlling short-term rentals. They argue the changes will further limit short-term rentals and continue to burden operators. Meanwhile, supporters of the bylaw welcome the restrictions limiting the places where short-term rentals can be located, plus other tweaks. The township has received complaints from neighbours of some short-term rentals regarding noise and parking violations. Continue Reading →

Filed under: Local News, News, Alnwick-Haldimand Township, Community, Economy, Politics

Group seeks to create $25 million accelerator fund for region to increase film and TV production

By: |
Murdoch Mysteries TV show in Cobourg

The show:

The full interview with bonus material:

Northumberland County is no stranger to Hollywood. Movies like It were filmed in Port Hope. Cobourg is a favourite backdrop for the TV series Murdoch Mysteries. These make up a growing list of productions coming to the region. Local efforts to attract more productions exist in Port Hope and Cobourg, and other municipalities along the lakeshore from here to the Quebec border. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Arts, Community, Economy, Northumberland County

Northumberland CDFC helping businesses in tough economic times with new grant

By: |

The show:

The full interview with bonus material:

Inflation in Canada is at more than 8 percent. The Bank of Canada raised interest rates at record levels earlier last week. How does the federal government help businesses and keep jobs without pushing the economy into a recession? It is a tricky question. One way is to help entrepreneurs with their startups, and another is to help small and medium-sized businesses invest in innovation. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Economy

With nearly eight percent inflation, seniors in Northumberland are feeling pinch

By: |
Seniors inflation

The show:

The full interview with bonus material:

Inflation is in Canada at 7.7 percent. The Bank of Canada raised interest rates at record levels earlier this week. The price of groceries continues to rise. The price of gasoline is a bit lower but still expensive. The cost of everything goes up and up. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy, Seniors

Major tourism promotion run by four chambers of commerce in Northumberland gets review

By: |
Nancy Allanson

The show:

The full interview with bonus material:

Tourism in Ontario is a $38 billion business. It is a critical part of Northumberland County’s economy. It generates $120 million annually, according to a 2021 county report. Tourism operators and related businesses have faced tough times for the past two years. Lockdowns, travel restrictions, and various public health measures crippled the industry. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Brighton Cramahe Chamber of Commerce, Community, Economy, Northumberland Central Chamber of Commerce, Port Hope Chamber of Commerce, Trent Hills Chamber of Commerce

Details of a $110-million project bringing high-speed Internet to rural Northumberland

By: |

The show:

The full interview with bonus material:

If you are a person living anywhere in rural Northumberland County, there was good news for you last week. High-speed internet is coming. The little spinning beach ball is gone. The downloads that seem to take an eternity are over. That’s what politicians are promising. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy

Cobourg mayor reflects on past year and the coming months in the face of an election year

By: |
Coburg Development

The show:

The full interview with bonus material:

Cobourg is booming. If you ask Cobourg Mayor John Henderson, he would tell you. And, he has proof. All kinds of development is taking place, both residential and commercial. Several companies in Northam Industrial Park just renewed multi-year leases. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy, Housing, Politics

Four chambers of commerce join to deliver creative buy local program to stimulate Northumberland economy

By: |
Coderington Farmers Market

The show:

The full interview with bonus material:

Two things are striking about the campaign being launched jointly by the four local chambers of commerce. The first is the level of collaboration between the various players. This includes the Port Hope Chamber of Commerce, the Northumberland Central Chamber of Commerce, the Trent Hills Chamber of Commerce, and the Brighton-Cramahe Chamber of Commerce. It is not the first time these organizations have worked together. But as you will hear, it is undoubtedly an innovative project. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy

Rice Lake Hard Cider launches during COVID as couple pursues dream

By: |
Rice Lake Hard Cider

The show:

The full interview with bonus material:

Rice Lake Hard Cider produces small-batch artisan beverages from their brewery located in Baltimore. It is always tough starting a business. But as you will hear in this special report from correspondent Marc Cowin, Jana Crawford and her husband, Graham Smith, faced an unexpected hurdle when the global pandemic hit in March 2020. Tenacity, creativity, and a bit of luck has brought them to a point where they are growing their fledgling business and realizing their dream. Here is Marc Cowin with the story. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy

The number of people joining unions is on the rise during the pandemic as workers rethink jobs

By: |

The show:

The full interview with bonus material:

Drive along any street in town, and you will see laws signs or maybe a billboard where a local business is looking to hire. The Canadian economy added 94,000 jobs in July, bringing employment to within 250,000 of pre-pandemic levels. But the numbers also show weaker-than-expected hiring, especially in restaurants and hotels. Employers are struggling to find staff. Not since 2018 have businesses struggled this hard to find skilled or semi-skilled labour, according to a Canadian Federation of Independent Business survey done in July. Continue Reading →

Podcast: Play in new window | Download

Filed under: Consider This Northumberland, Community, Economy