Is the Privatization of Toronto’s Trash Collection a Good Thing?
Mayor Rob Ford certainly thinks so. Yesterday marked the first day that Green For Life started taking over Toronto’s trash. And if the first day on the job is any indication, the critics who fought so hard against this privatization will have their choice of things to pick from. Like maybe the fact that it…
Read moreHow did Knight Capital Glitch Affect Canada?
It was a week ago today that several of the stocks on the New York Stock Exchange were hit by a glitch caused by Knight Capital. Knight had released software (unknowingly) that could (in theory) automatically monitor algorithms on the stock market, and buy and sell electronically. But the software wasn’t ready and for 45…
Read moreAnother T.O. Home Sells for Nearly Half Million over Asking
We just posted yesterday about how home sales fell in the City of Toronto over the month of July; but that doesn’t meant that there aren’t still some very hot properties on the market. In fact, one property has just sold for nearly half a million over its asking price. The home sits at 25…
Read moreWill Canadians Feel Pinch of Rising Food Costs
The past month of July was one of the hottest on record (since 1999) in Ottawa, and it broke the record for also being the driest month on record – ever. Ottawa saw just over half an inch of rain in a total of 31 days. That little rain that did come was dispersed over…
Read moreToronto Home Sales Fall in July
There has been a great deal of talk surrounding the overheated Toronto housing market lately; and experts have predicted a 10 – 15 per cent decline in the next few years. Looking at July’s stats for this city’s market, it might seem as though that’s already happening. According to the Toronto Real Estate Board, the…
Read moreUnemployment Rate Unlikely to Drop
During all the “Toronto bubble” talk, experts and analysts from around the country weighed in on the subject and many of them kept reiterating the same points – the bubble will mean little to us if employment drops and people soon find themselves out of work. Now, despite pushing out pretty low unemployment rates, and…
Read moreWhat the Olympics say About how the World Works
The Olympics. A time when the world comes together through sport. Or at least, that’s the idea. What really happens during the Olympics of course, is that countries compete against each other to see who will emerge as best – and which country will bring home the most gold. Over the course of these two…
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