Toronto mayor directs TTC to find savings to help with budgetary shortfall; plan pitched to fix Toronto’s burnt-out Luminous Veil in phases; CMHC says we need more REITs, raising concerns among some housing experts; and other news.

Toronto mayor directs TTC to find savings to help with budgetary shortfall (CityNews)

Plan pitched to fix Toronto’s burnt-out Luminous Veil in phases (Global News)

Are REITs good for housing? CMHC says we need more, raising concerns among some housing experts (The Star)

Toronto school board supervisor axes plan to rename 3 schools (CBC)

Ontario government proposes new safety measures after daycare crash (The Globe and Mail)

A piece of Toronto harbour history has been towed away — to Hamilton. Its fate is up in the air (The Star)