Toronto’s condo market is in ‘recessionary territory’ as investors can no longer prop it up, according to report from CIBC Economics and Urbanation; City Council approves $92M spend for two new electric ferries to serve Toronto Islands; Province pushing for above ground garage at Ontario Place due to cost, says head of CNE; and other news.
Province pushing for above ground garage at Ontario Place due to cost, says head of CNE (The Star)
Toronto council passes flood mitigation motion that could include stormwater charge on businesses (The Globe and Mail)
Vast majority of Toronto-area new condo investors losing money every month (Global News)
Weekend need-to-know: Music festivals galore across the city and Ossfest (CityNews)