The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts to what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop about the shutdowns, we'll be sharing information and status updates from around the industry on a regular basis.
In today's report: City of Toronto releases update on financial impacts of COVID-19, Toronto Regional Real Estate Board provides input on government economic recovery initiatives, recommends caution with real estate market stimulus, and more news from the COVID-19 front.
Government notices and announcements:
Bike Share Toronto and Canadian Automobile Association South Central Ontario form new partnership
City of Toronto releases update on financial impacts of COVID-19
Virtual Press Conference: City of Brampton update on response to COVID-19
Expanding or establishing a dining patio in Vaughan?
Private sector/other notices and announcements:
Creation of "Missing Middle" Housing Recommended by City of Toronto Committee
GTAA announces workforce reductions and restructuring due to COVID-19 impacts
YPN Helps RE/MAX Agents in Ontario, Atlantic Canada Stay Ahead of the Curve
GO Transit helps transport 200 Ontario migrant workers today
Everyone from construction workers to brokers to real estate executives are encouraged to share tips on what work and events have stopped, what is proceeding, and how their businesses are being affected by the various shutdowns.