page contents
Saturday , 25 March 2017

Monthly Archives: March 2016

FORM a family-friendly condo from Tridel in Toronto’s coolest neighbourhood

In revealing its latest Toronto condominium community, FORM, to be situated just south of OCAD University’s boldly playful tabletop building on McCaul Street, Tridel first presented renderings of the architectsAlliance-designed building’s exterior. Toronto’s most experienced condo builders have highlighted the fascinating neighbourhood, where FORM residents will be within walking distance of many of Toronto’s most exciting attractions and amenities—busy, ultra-cool Queen Street West to the south, OCAD and the AGO to the north, relaxing Grange Park to the west, the financial district, theatres and downtown to the south and east. It is almost impossible to picture a more vibrant neighbourhood in Toronto. All of this is very exciting, of course, ... Read More »

Shopping malls, retail sector “doing fine” despite challenges: report

We’ve all heard that retailers in Canada who don’t cater to the needs of their younger, mobile device-wielding customers could find themselves in trouble, saleswise. Younger shoppers, who are said to prefer to shop online than to go to an actual store, value convenience above everything when shopping, though they also respond well to loyalty programs that make them feel valued as customers. Online sales growth is expected to outpace traditional in-store retail in coming years. But does this mean the country’s malls are suffering today? Not according to Toronto commercial real estate firm Avison Young. The retail sector is doing quite well, a new report from AY says, despite ... Read More »

Tax increment financing touted as funding solution for Toronto’s SmartTrack

A controversial method of raising revenues for infrastructure is once again being recommended as a way for Toronto to finance projects like Smart Track, the transit plan proposed by John Tory in the 2014 mayoralty race. A report from the C. D. Howe Institute says that Tax Increment Financing, or TIF, is a better way of funding infrastructure because it better matches those who benefit from the infrastructure with those who use it. TIF presumes that building infrastructure in a particular district will increase property values there and spur more development. This “uplift” in local property values will result in higher taxes for the municipality, which can then be used ... Read More »

Housing market report scoffs at shallow analysis, inadequate data

All the talk in the media about housing market corrections and crashes in cities like Toronto and Vancouver is mostly misinformed, according to Ben Myers of Fortress Real Developments. He means that quite literally. Despite a decade of warnings about such “hot button” issues as the activity of foreign investors in the Canadian housing market, the dangers of mortgage fraud and the problem of overleveraged borrowers, we don’t have the statistical support to really understand these issues. Myers says that makes it “impossible to fully assess” the real threat these activities pose. Based on the limited information that is available, and his own research, published in the spring 2016 edition of ... Read More »

Toronto-based smart thermostat maker seeks to conquer the world

It must have seemed like a Blackberry moment for the founder of Toronto-based ecobee and his team. In 2009, the start-up, an early client of the MaRS Discovery District, launched the world’s first Wi-Fi-enabled smart thermostat. Its main competitor at the time was Honeywell, which had a commanding 60 per cent share in the non-smart home thermostat market. Ecobee founder Stuart Lombard has said that from the beginning, the ecobee, which was the only product of its kind at the time, was “kicking Honeywell’s butt.” And then, in 2012, along came the Nest, created by a former Apple executive and backed by none other than the gigantic and all-devouring Google. ... Read More »

Scroll To Top