taal
Senior Member
Sure maybe ... but to fair a lot of those jobs were industrial / manufacturing ... while some of these have left the 416 for the surrounding 905 (and other area codes) the majority have simply left all together ...
So it's not as if a lot of these areas used to be office parks that were simply left to decay ... they were industrial zoned employment lands, something that we all know wasn't going to last in Toronto (not to the extent there used to be) ... and that's nothing the city or anyone else can do anything about.
Actually from what I recall ... Toronto has a fairly low industrial tax rate .. lower then our neighborhoods I think ? ... maybe? not sure but either way this isn't the best comparison.
Now in terms of the waterfront I do hope some of this area does get turned into office space ... if you look at their counts it should be and there will be some office zoning / but it would be pretty bad if it was residential.
So it's not as if a lot of these areas used to be office parks that were simply left to decay ... they were industrial zoned employment lands, something that we all know wasn't going to last in Toronto (not to the extent there used to be) ... and that's nothing the city or anyone else can do anything about.
Actually from what I recall ... Toronto has a fairly low industrial tax rate .. lower then our neighborhoods I think ? ... maybe? not sure but either way this isn't the best comparison.
Now in terms of the waterfront I do hope some of this area does get turned into office space ... if you look at their counts it should be and there will be some office zoning / but it would be pretty bad if it was residential.