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Monthly Archives: July 2013

U of T engineers take top prize for human-powered helicopter flight

U of T engineers take top prize for human-powered helicopter flight

The team of engineering students from the University of Toronto that successfully flew a human-powered helicopter on June 13 has been awarded the American Helicopter Society/Igor Sikorsky Human Powered Helicopter Competition prize of $250,000. AeroVelo Inc. is the Toronto team’s company, led by a pair of U of T engineering graduates, Todd Reichert and Cameron… Continue Reading

Luxury home market thriving in Toronto

Luxury home market thriving in Toronto

Residential real estate is a tale of two markets—luxury and everything else. Bonnie Stone Sellers, CEO, Christie’s International Real Estate The luxury real estate market is in pretty good shape in Canada, and particularly in Toronto. A report from Sotheby’s International Realty Canada says that activity in this market showed overall strength and positive momentum in… Continue Reading

Congestion tolls and private sector investment the new reality for cities?

Congestion tolls and private sector investment the new reality for cities?

A new study from the C.D. Howe Institute says that the cost of congestion in cities like Toronto is much higher than previously estimated, possibly as much as $5 billion a year higher, in lost wages. The study’s author, Benjamin Dachis, proposes a new model to guide governments in their investments in infrastructure. In “Cars,… Continue Reading

Condos to play bigger role in Canada’s housing mix: Royal LePage

Condos to play bigger role in Canada’s housing mix: Royal LePage

The “normal cyclical correction” that has brought fewer home sales and “softer” prices in Canada’s real estate markets continues, but that is all it is, says Royal LePage, a correction. Rather than falling, the average price of a home in Canada increased between 1.2 per cent and 2.7 per cent, in the second quarter. The… Continue Reading

Forget wind, stick with nuclear, says Ontario’s nuclear power industry

Forget wind, stick with nuclear, says Ontario’s nuclear power industry

A new study of options for Ontario’s future electricity needs finds that nuclear power is the best solution. The study finds that Ontario’s current plans to increase wind power will cost ratepayers more money and lead to a surplus of power generation. Going with the nuclear option, however, which would see refurbishing existing nuclear facilities… Continue Reading

Toronto speaks the global language, and that’s a good thing

Toronto speaks the global language, and that’s a good thing

[highlight]Some are born great, some achieve greatness, and some have greatness thrust upon ’em[/highlight] Traffic gridlock, transit chaos, and a mayor who makes many cringe—that seems to be what Toronto is all about, if you read the news these days. It all seems very small and local and embarrassing. But  a paper called “The 10… Continue Reading

Other Popular Stories

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

  We’ve all been waiting for that first big, warm weekend of the year — Victorial Day. Schools are closed, and many people have extra time off work, and we’re primed and ready to go after all the rain and cool weather this spring. With summer beginning, and a long, celebratory weekend ahead, it is the…

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

Sellers rushing to cash out? Listings up 32% April while prices increased Nationally an average of 10 % over the last year

The impact of the Ontario Government “Fair Housing” rules is starting to be felt, manifesting in the move of some sellers to list their properties – likely to “beat” the  anticipated moderation of prices. Based on Vancouver’s experience with similar rules, economists aren’t expecting a major cool down, and almost certainly a short one.  …

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

Condo Community Alliance: building a network to keep your family and neighbours happy and safe

If you have any experience living in condos and apartments, then you know that living in such close proximity to your neighbours means getting to know them on a really personal level, whether you like it or not. You see and hear far more than you anticipated, from rambunctious children and barking dogs to midnight…

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