page contents
Wednesday , 29 March 2017

Monthly Archives: July 2013

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, Congestion and Costs: A New Approach to Evaluating Government Infrastructure Investment,” Dachis argues that governments have been ignoring a number of social and economic costs that come with congestion, and that go far beyond the cost of time lost in traffic. It is essential for them to understand these costs better, he says, so that ... Read More »

Up on the roof: urban farming an idea whose time has come?

For most urban dwellers, the only connection between them and the food they eat is the supermarket they choose to shop at. Every day, rain or shine, no matter the time of day, the supermarket looks more or less the same: the produce is over here, the bread and bakery products over there, and over there is the meat counter. And the products on sale don’t change very much through the seasons: you can get strawberries in February and cherries in October if you want them. And it’s all because of the industrialization of global agriculture. But there’s much that’s wrong with the picture. The fact that most people are ... Read More »

Generation gap between realtors and buyers worries real estate industry

Would you buy a (used) home from a middle-aged man (or woman) with no tech savvy, no web presence, no flashy car and no cool? To be clear, we mean the realtor, not the home owner. It seems a lot of younger people in today’s home buying market, at least in the US, have a low opinion of the older realtor. It’s a matter of generations colliding. Gen X and Gen Y types, the great hope for the future of the real estate market in both countries as baby boomers fade into the sunset, are not a patient bunch. Some would say they suffer from an exaggerated sense of entitlement. ... Read More »

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 latest word from Royal LePage, in the form of its House Price Survey and Market Survey Forecast, shows that home prices across the country continue to rise, though at rates that are “well below” the long-term average. But that is a far cry from what many have predicted. Toronto, which has seen low levels of ... Read More »

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 and building new facilities, will provide the greatest benefits to the province. Those benefits would be in the form of cost savings, employment gains, and reduced greenhouse emissions between now and 2035. The study was funded by the Organization of Canadian Nuclear Industries and supported by the Power Workers’ Union. The “rigorous and fact-based” study ... Read More »

Scroll To Top