The vacancy rate is up for new Toronto area rental buildings, with a look at why it is still so expensive to rent; Toronto unveils plans for mainly free FIFA Fan Fest, but budget hole remains; Prime Minister Mark Carney promises ‘good news’ in spring economic update; and other news.

The vacancy rate is up for new Toronto area rental buildings, so why is it still so expensive to rent? (The Star)

Toronto unveils plans for mainly free FIFA Fan Fest, but budget hole remains (Global News)

Prime Minister Mark Carney promises ‘good news’ in spring economic update (CityNews)

Cherry blossoms near peak as High Park set for stunning week of Sakura colour (CityNews)

‘I just feel used:’ Vendors owed thousands of dollars as Toronto Festival of Beer declares bankruptcy (CTV News)