Toronto information and news, covering issues impacting communities across the GTA
Friday November 19th 2010

Posts Tagged ‘toronto’

Baby Boomer & Oil Impact on Toronto Real Estate

Baby Boomer & Oil Impact on Toronto Real Estate

Toronto population is projected to grow to 7.45 million by 2031 and at the same time it is aging more quickly than at any time in the past. This includes the working-age population as the Baby Boom generation ages. The outer regions of the GTA will continue to experience rapid growh as young families conintue to flock to the abundant new housing [...]

Eco-Friendly Taxes on Packaging

Eco-Friendly Taxes on Packaging

Toronto council has approved a program to permit closure of garbage chutes in the selected Toronto residential buildings starting May 1 with the goal of improving the recycling rates. The success of the program will be evaluated a year from now. Some parents may have also hear about eco-school program by Toronto District School Board where [...]

Toronto City Capital Plan for IT

Toronto City Capital Plan for IT

City of Toronto Recommended 10 YR Capital Budget for Information Technology According to the plan, "The 2010 Recommended Capital Budget is funded from debt in the amount of $13.698 million..." 81% of the budget or $38M will go towards replacement of equipment and majority of this equipment likely has a life-span of 3 years, this usually [...]

Affordable Housing in Toronto / GTA

Affordable Housing in Toronto / GTA

As we all know the housing market has been hot for a number of years now. The average GTA houses are now around $440k; $477k in Toronto and 408k in surrounding areas. So where can you find reasonably priced housing that is ideal for first time buyers. Currently the cheapest prices are in the the east end of the GTA with Oshawa being the most [...]

Toronto Employment Changes by Sector

Toronto Employment Changes by Sector

jobs from Crestock Creative Images According to Toronto City employment survey, Toronto’s overall employment in 2009 was 1,291,200 down by 1.4% or 18,100 jobs from 2008; the first year of decline after five consecutive years of growth. Here is some other interesting data based on the report: In 2009, the total number of business [...]

2010 Toronto Road Tolls – Congestion Tax

2010 Toronto Road Tolls  – Congestion Tax

We have been hearing about an increase in parking taxes and now there is a lot of discussion around introducing road tolls. Mississauga Mayor Hazel McCallion suggests the new revenue source is necessary to fund the expansion in public transit across GTA. This is a solution to partially address structural funding shortfall. We have a lot to [...]

2010 Charity Payments for Cause or Execs

2010 Charity Payments for Cause or Execs

Image by Truthout.org via Flickr According to recently released documents by the government a number of Sr. Execs in large charities in Canada are earning salaries above $300,000. The list include Plan International Canada Inc., Heart & Stroke Foundation of Ontario, York University Foundation, the British Columbia’s Children’s [...]

Community Center or a Library ?

Community Center or a Library ?

Image via WikipediaLast year Toronto City Council approved a 5 Yr Capital plan of $11 billion. This includes capital projects the City will undertake to develop and maintain City assets like transit, road, bridges, community centers and libraries. Interesting enough last year our public Toronto Public Library also received $3M boost from [...]

The City of Toronto Cut Budget

The City of Toronto Cut Budget

The city of Toronto aims to cut 10% or $343 M from its operating budget over the next couple of years. Thank goodness we have a law in place that doesn't allow Toronto and other municipalities to run in red otherwise we would be in no better shape than Ontario province which has a  record deficit of $24.7 B. The estimated fiscal shortfall [...]

Circular Intersection vs. Stop Signs and Traffic Lights

Circular Intersection vs. Stop Signs and Traffic Lights

Did you know circular intersections can significantly improve the efficiency of traffic flow, reduce vehicle emissions and ultimately fuel consumption. In Virginia, study has shown it has reduce carbon monoxide and nitrous oxide emission by over 30%. You might be skeptical at first but when you start using them you will be impressed.  The [...]

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