One of the most popular agricultural enterprises in the Region of Niagara is winemaking thanks to the Niagara Wine Route which is a major tourist attraction model that aims to attract visitors to tour multiple wineries across the agricultural region. Niagara region is also home to one of Canada’s most popular international tourist attraction sites known as Niagara Falls. It attracts over 14 million tourists every year making it one of the backbones of the tourism sector in the Niagara region.According to the 2021 census population data, the estimated population of the Regional Municipality of Niagara was 477,941 which represents a 6.7% increase from the 2016 population. By the year 2041, the estimated population of the Niagara region is expected to reach 610,000. Employment opportunities are also projected to increase to 265,000 by the year 2041 and more businesses in the agricultural, real estate, and tourism sectors are expected to continue expanding as the population increases.One of the major real estate development that is expected to transform the Niagara Region and specifically along Niagara Falls is the Paradise Walk project by GR Investment Group. This is a European-inspired village that will redefine the modern living experience in Canada. The Paradise Walk is expected to transform Niagara Falls by turning it into a charming and thriving tourism and commercial spot.This new development is designed to feature an amusement park, chic shops, international restaurants, entertainment joints, a boutique hotel, state-of-the-art new condominiums, and modern brand designer stores. Paradise Walk development complex aims to increase the average overnight stay of visitors in the Niagara region from one and a half days to two or three days.