Toronto Gold for Cash Rush
Most of you at some point have seen Cash for Gold ads. This has been a rapidly growing business in the past few years but have you ever wondered what is the driving it? Are there hundreds and thousands of people lining up to sell their gold? Surely the Canadian economy is not that bad. Anyhow, if you are one of these people then the article should help you figure out how much your gold is worth.
First you need to determine the purity of your gold. The unit that is widely used to denote the purity of gold is millesimal fineness. For example, 75% gold is denoted as 750 millesimal fineness and if you have a gold ring you will notice a millesimal fineness value stamp inside the ring. This value ranges from 999 for 24 carat gold down to 585 for 14 carat gold.
Then you need to look up the spot price for gold. This is the gold price set by the financial market. You can obtain this by visiting goldprice.org, goldinfo.net or a financial paper. The price is currently $41,662 CAD per Kg or $41.662 per gram.
It is worthwhile to note, the price in the market is usually given in troy ounce (oz) which is equal to 31.1 grams. On some sites like goldprice.org you can get the price in Kg which makes your calculation a little easier.
You can now figure out the price by using the following formula:
Your gold value = The total number of grams you are selling x The millesimal fineness value of your gold x Gold spot price in grams
If you are not keen on doing the math you can use the following look-up table that gives you the value based on today’s market price, which is $41,662 CAD per Kg. Read the rest of this entry »
Toronto World Cup Fever
June 11 is the kickoff date for World Cup soccer in South Africa. This will be an amazing World Cup held in a country that has gone through a lot in the past decade. Soccer fans all around the world are anxiously waiting for this event. Preparations are underway across many bars and restaurants in Toronto to attract the fans. Of-course this will not help our traffic in Toronto. The G20 Summit is on June 28 and 29 will be overlapping this event, not to mention the extensive number of road works. The second round of the World Cup with the remaining 16 teams will start on June 26. It is definitely worthwhile to keep track of the schedule for the games before deciding your traveling route.
CBCSports.ca will broadcast and stream all games live on TV. Rogers will be charging $5 a month for those who want to access company’s mobile steamining app on iPhone, Blackberry and Andriod phones. There will also be a one-time charge of $10 to access the World Cup games on your phone. Your money is better spent on a few more drinks and a taxi ride instead.
English Pubs
Duke of Gloucester, 649 Yonge St, Toronto, ON
Scallywags Address 11 St. Clair W, Toronto, ON Read the rest of this entry »
G20 Summit – Toronto Metro Convention Center
The Summit is held at 255 Front Street West, Toronto, ON. It is identified by letter A in the map below.
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Data on Toronto Neighbourhoods
Toronto Neighbourhoods
Average Income | Density (people/km2) | Transit Commuting | % Renters | Second most common language (after English) | |
---|---|---|---|---|---|
Toronto Average | 40704 | 866 | 10.6 | 11.4 | |
Bridle Path | 314107 | 445 | 7.1 | 2.3 | Cantonese (12.0%) |
Allenby | 245592 | 4333 | 5.2 | 3.4 | Russian (1.4%) |
Hoggs Hollow | 222560 | 1132 | 4.3 | 2.9 | Unspecified Chinese (2.4%) |
Lawrence Park | 214110 | 1828 | 8.3 | 4.6 | French (0.8%) |
Rosedale | 213941 | 2821 | 11.3 | 11.9 | Unspecified Chinese (1.0%) |
Moore Park | 154825 | 3959 | 11 | 7.5 | French (1.1%) |
129904 | 1129 | 7.1 | 13.3 | Polish (1.4%) | |
Lytton Park | 127356 | 5073 | 15.1 | 12.9 | Serbian (0.9%) |
South Hill | 120453 | 4935 | 16.1 | 29.8 | French (1.0%) |
Armour Heights | 116651 | 1914 | 10.8 | 16.1 | Russian (9.4%) |
The Kingsway | 110944 | 3403 | 11.8 | 6.2 | Ukrainian (1.8%) |
Old Mill/Baby Point | 110372 | 3748 | 16.1 | 10.7 | Ukrainian (4.1%) |
Yorkville | 105239 | 10795 | 18.3 | 27.9 | French (1.9%) |
Cricket Club | 104362 | 2808 | 8.7 | 15.4 | Filipino (1.4%) |
Caribou Park | 103703 | 4017 | 8.4 | 7.6 | Tagalog (2.9%) |
Forest Hill | 101631 | 5530 | 14.8 | 21.9 | Russian (2.4%) |
Banbury | 92319 | 2442 | 6.1 | 4.8 | Unspecified Chinese (5.1%) |
York Mills | 92099 | 2409 | 10 | 11.8 | Korean (4.0%) |
Summerhill | 88937 | 7846 | 17.5 | 24.1 | Unspecified Chinese (1.1%) |
Ledbury Park | 83853 | 4944 | 9.5 | 12.2 | Filipino (1.4%) |
Leaside | 82670 | 4938 | 9.7 | 10.5 | Bulgarian (0.4%) |
Toronto G20 Summit Value?
According to Toronto City website, the G20 submit will produce broad-based benefits for the local community. Toronto’s tourism, business, culture and environment leadership will be world spotlight and lasting international business relationships will be developed.
Now, lets take a step back and look at the past G20 events, London in 2008 and Pittsburgh in 2009. In case of London, 150 groups, including unions, charities, environmental campaigners and faith organizations in London, U.K., came together amid anger at the £19 million cost of staging the conference at a time of economic downturn. The final cost for the Summit was four times that figure, £76 million or $114 million. 2009 G20 Summit in Pittsburgh was significantly cheaper, the final price tag was only $12.2 million.
The cost of the Summit in Toronto is now reaching $1.1 B. You would think in these tough economic times our government will act more responsibly and show some restrain in spending. These so called lasting international business business relationship is not directly dependent on how much we spend on a conference. Canada is the second largest country in the world so surely we could have found a less populated area to hold this Summit.
It is also not clear what we are showcasing in terms of environmental leadership, we have the largest CO2 emission per capita. The public has the right to question this event and how it is been promoted as a good thing !
It is also argued this Summit has been very helpful in establishing the Financial regulations, notably Financial Stability Board (FSB) and strengthening the International Financial Institution (IFIs), including expansion of resources and the improvement of precautionary lending facilities of the IFIs.
These were the same leaders that didn’t manage to prevent the meltdown in 2008 and subsequently in Greece and other countries in Euro zone. G20 Summit can really do with a permanent building and with a price tag of $1.1 B, we could have easily build one or two somewhere in Canada.
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Clothes + Hair + Makeup = Fashion
A city with a lot of people means different fashion. Toronto’s fashion industry is one of the City’s largest industrial employers. The city is home to over 500 apparel manufactures. In one year the wholesale shipments reaches near 1.5 billion. This means 16% of the 9 billion Canadian market. Forty-eight of the world’s least developed countries have imports in the Canadian trade legislation which permits duty- and tariff free apparel. The fashion retial stores in Toronto which are over 4,600 make 2.6 billion a year. Some of the designer lines that started in Toronto are Lida Baday, Brian Bailey, Joeffer Caoc, David Dixon, Arthur Mendonca, Franco Mirabelli, Sunny Choi and Pink Tartan. About 50,000 people are employed in the fashion industry more than half in manufacturing. Many of the US and Canadian companies depend on Toronto contractors as well as home workers for quality garments, flexibility and reliable services. Many universities and colleges offer fashion programs which makes Toronto a learning centre for the fashion industry. Makeup artists, hairstylists, cutters, sewers and art directors are part of the workforce included in the fashion industry. Toronto has Global model agencies that have their offices such as Elite, Ford, and Giovanni. Some of the major manufacturers in Toronto include Ganier Lether, Dominion Hosiery, Macmor, McGregor, Phantom, Vikeda, Weston Apparel AND Wing Son Garments. Some of the major retailers in Toronto include Bata, Harry Rosen, Hold Renfrew, Hudson’s Bay Company, Roots and Reitmans. Some of the major fashion media in Toronto include Citytv’s Fashion Television and Fashion Television Channel: CBC’s Fashion File; magazines- Elle Canada, Flare and The Look, Fashion and Fashion Quarterly. Lida Baday, Franco Mirabelli and Brain Bailey are alongside some of the words top lines such as Bergdorf-Goodman, Saks Fifth Avenue and Jacobson’s Nordstrom. In Toronto manufacturing and competitiveness are always improving through new technologies and work methods. The industry also supports many fashion shows.
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Toronto Road Constructions
The kids are going to be done school and vacation time at work. What better way than to travel. The only thing standing between travelling and enjoying the summer is: construction. There are many constructions occurring in the summer which can be a problem for Torontonians.
There is a three month pilot project happening in the summer where two lanes one which is northbound and the other southbound will be closed from Richmond St. W to Wellesley St. W/Hoskin Ave. The project is to ensure that cyclists get their own lane alongside the inner media and that they are separated from motorized traffic. There will be a meter wide buffer and solid dividing posts. The project which will close lanes on University Ave is due to city hall wanting to build European style bike lanes. With lanes closing, it may take longer for traveling. Rocco Rossi, one of the candidates running for Mayor says that pulling the two lanes of University Ave is out of commission and is sheer madness which is a recipe for traffic gridlock and democratic insult to the people of Toronto.
If that doesn’t sound too bad, how about a closure of one of Toronto’s busiest highways? The traffic on Gardiner this summer will be very bad due to the upcoming closures. Due to the rebuilding of the Jameson Avenue Bridge, one of lanes in each direction will be forced to closer on the Western Gardiner till June 11 2010. The bridge will be demolished and replaced as the bridge is over 40 years old. By closing one of the busiest highways, travelling this summer or even getting around Toronto will be hard. It is expected that due to this closure, at least 30 percent of roads. The city is also planning on working on the Westbound Lake Shore Boulevard over the Gardiner starting August.
On the better note, Ontario place and Wonderland are now open. Some of the carnivals and must see shows that are coming up include the Toronto Festival of Clowns which will be on June 6 2010. Read the rest of this entry »
Toronto’s Next Mayor
Out of the twenty-six candidates running for the position of Toronto’s next Mayor, six of the candidates had the first debate at Mary Ward Catholic Secondary School in Scarborough. Another debate which was a three hour live debate took place on CP24 on May 18 2010 which included the same six candidates of the first debate even though there are twenty-six candidates. In both debates, questions were addressed from the public. Some of the main issues the public presented included- TTC, Taxes, Bike Lanes and Homelessness. How did each one of the six candidates show their support for these issues?
The six candidates in the debates are Joe Pantalone, Rob Ford, Rocco Rossi, Girgio Mamoliti, Sarah Thomson and Geroge Smitherman. In the first debate, a question that was asked was: Why do you want to be a mayor? It is important to know the intentions of why each of the candidates that were present in the debate is running to be Toronto’s next mayor. Rossi responded by welcoming the crowd in ten languages, Mamoliti responded by saying he wants to help “urban suburbs” , demolish the Gardiner, impose a curfew for children under fifteen, uploading both the TTC and welfare to the province as well as helping seniors from property taxes where Pantalone said he wants to fight for Transit city. Ford used his motto which is “better customer services” and slashing vehicle registration tax. Rocco responded saying there is a need of special neighbourhoods and to fund inequities that perpetuate imbalances. Thomson said she wants to build a subway system and Smitherman said he wants to be the Mayor because he loves the city.
When addressed about bike lines- Mamoliti said he would stop all lanes as he feels bike lanes should be called for a halt on all new lanes until cyclists adhere for the rules of the road saying they don’t have the right to be kicking cars. Pantalone said he wants lanes to be safe. Rocco said that there should be no bike lanes on major arterials, especially Jarvis. Ford says he opposes bike lanes in the suburbs but likes them downtown. Thomson said that she wants a full grid of bike lanes across city while Smitherman said that Rossi has gone from war on the car to war on the bike. Another public issue was the Environment. Rocco Rossi who wants to sell the Toronto Hydro received negative remarks from Smitherman who says a city that is interested in green should not sell Toronto Hydro. Rob Ford talks about trees and how he would cancel a law making it hard to cut down a tree on your own property when asked about his environmental plans. When the topic of TTC came up, there are many different opinions among the candidates. The proposed Light Rail Transit line that is on Sheppard which is part of Transit City- Ford, Thomson and Mammoliti favoured a subway line instead while Smitherman and Pantalone supported the LRT. Pantalone found Fords statement wrong of the LRT being just a fancy name for streetcars calling them fast trains that were more viable and enjoyed the support of the areas councillors.
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Toronto Charity
Just giving a dollar can make a great difference. By doing so, it makes you feel good about being a good person and makes another improve his/her life. So why not take part of some of the fundraising events occurring in Toronto?
The MicroSkills 2010 Gala and Awards Ceremony will take place on May 27. The non-profit organization assists the unemployed, especially women, racial minorities and youth/immigrants. Take a walk as the World Partnership Walk is taking place on May 30. It will take place at Metro Hall Square. The walk is a 5k walk in brining global awareness. The walk is to raise money individuals in Africa and Asia to improve their lives. Strut for a Cure will take place at Berkeley Church Heritage. The event is happening for a second year and is a most fashionable fundraiser. Supermodel Coco Rocha with other models fights for children’s cancer. On May 31 210, there will be a North York Masters Golf Tournament. This fundraiser is taking place in support of North York General Hospital Cancer and Palliative Care Services. On June 3 a fundraiser called Big Night Out is taking place at Liberty Grand. The fundraiser is in support of Big Brothers and Big Sister programs in Toronto in which it is celebrating 40 years of history. The fundraiser will be celebrating the big brothers and sisters who have made a difference in the lives of children and youth within the community. On June 12 at Toronto Congress Centre the Barbados Charity Ball will take place. The charity ball supports Scholarships and Aids. This is the 7th annual formal event. The night will include pre-dinner reception, four-course dinner, live entertainment, dancing and award presentation and much more. A two day event (June 12-13), Ride to Conquer Cancer will take place. The fundraiser includes cycling from Toronto to Niagara Falls in two days. Hey ladies, if you love Golf than take part of the Women’s Gold Classic on June 21. The fundraiser is in support of the Children’s Aid Foundation. The Mount Sanai Hospital Classic Golf Tournament which will take place on June 21 is in support of the Mount Sanai Hopsital. The event has raised over 2.2 million dollars in the past and is looking to raise even more this year. The raised money goes to Mount Sinai’s outstanding research, medicine and patient care. Read the rest of this entry »