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Bank of Canada Cuts Interest Rate: A Lifeline for Struggling Canadians?

Bank of Canada Cuts Interest Rate: A Lifeline for Struggling Canadians?

by thegtapatriot@yahoo.ca | Jul 24, 2024 | Canada, Economy, Housing, Ottawa

The Bank of Canada has delivered some much-needed relief with a quarter-point interest rate cut to 4.5%. This marks the second consecutive rate reduction and signals a cautious optimism about taming inflation while supporting a weakening economy. Why the Rate Cut?...
Toronto’s Housing Crisis: Is There Light at the End of the Tunnel?

Toronto’s Housing Crisis: Is There Light at the End of the Tunnel?

by thegtapatriot@yahoo.ca | Jul 2, 2024 | Housing, Ontario, Toronto

Toronto’s housing crisis continues to worsen, with skyrocketing prices and a severe shortage of affordable units. The city is exploring innovative solutions, including transit-oriented communities that integrate thousands of new housing units with mixed-use...
The Sprawl Dilemma: Balancing Growth and Sustainability in the GTA

The Sprawl Dilemma: Balancing Growth and Sustainability in the GTA

by thegtapatriot@yahoo.ca | Jun 30, 2024 | Ajax, Bolton, Brampton, Development, Durham, Housing, Markham, Ontario, Pickering, Richmond Hill, Roads, Toronto

What is Urban Sprawl? Urban sprawl, the rapid expansion of the geographic extent of cities and towns, is often characterized by low-density residential housing, single-use zoning, and increased reliance on the private automobile for transportation. As Toronto’s...
What Will Happen to the Shoppes on Steeles in Markham?

What Will Happen to the Shoppes on Steeles in Markham?

by thegtapatriot@yahoo.ca | May 27, 2024 | Development, Economy, GTA Development, Housing, Markham, News

The History of the stores at Steeles The Shops on Steeles and 404, situated at the intersection of Steeles Avenue East and Don Mills Road in Markham, Ontario, is a compact community shopping destination comprising approximately 70 stores. While it features a handful...
Extending a program to support unhoused people on TTC

Extending a program to support unhoused people on TTC

by thegtapatriot@yahoo.ca | Dec 12, 2023 | GTA Issues, Housing, Toronto, TTC

The City of Toronto is extending a pilot program that sends outreach workers into the city’s transit system to respond to the growing number of unhoused people using the indoor space for warmth and shelter. In March city officials announced a one-year...
The Soaring Cost of Living in Toronto

The Soaring Cost of Living in Toronto

by thegtapatriot@yahoo.ca | Dec 11, 2023 | Housing, Social Issues, Toronto

Toronto, a city renowned for its diversity, culture, and economic opportunities, is facing a growing concern— the soaring cost of living. As the city continues to expand and attract residents, the demand for housing and essential services has surged, putting pressure...
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The Eglinton Crosstown and Mayor Olivia Chow

Toronto Mayor Olivia Chow said she’s “speechless” about the continued delayed of the Eglinton Crosstown, saying she’s no more knowledgeable on the project than residents and business owners who’ve been waiting years for it to wrap up.

“I don’t know what to say anymore, it’s leaving me speechless,”  said Chow.

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