The first stage of the policy, which is now in effect, requires that contracts valued at $25 million or more prioritize Canadian businesses and materials.

Annual inflation rose 2.2 per cent in November, unchanged from the previous month and a tick below economists' expectations.

Ontario’s residential sector led the way with an increase of $883 million for the month, almost half of which was recorded in Toronto.

The plan aims to double the current 13 million people who visit Niagara Falls and area annually.

The segment would be about 200 kilometres long and construction would begin in 2029.