Elevator repair- going up?

[jxmith_]

I often remark that if I had any money, I’d invest in elevator repair companies for cities like Toronto. The number of tall towers has grown exponentially, and as any condo resident can tell you- these things are constantly breaking down.

I’m curious as to how many approved service companies we have in the GTA, and whether the city/province finds a way to incentivize growth in this sector.

We take in a lot of section 37 funds for neighbourhood improvements, often more cash for height- but I worry that we’re burdening existing elevator repair service. Thoughts?

 

[Admiral Beez]

I’d start here https://iuec50.org/history-of-iuec/ and https://ceca-acea.org/about/about-ceca/

I suggest you send them a note asking your question above. I’m interested in what they’d say.