Entries from Torontoist tagged with 'economy>'
July 18, 2008
Toronto's city councillors have voted to change the rules governing their office budgets, which includes the elimination of alcohol with meals with staff, mileage compensation to and from City Hall, and compensation for raffle tickets or silent auction bids. On the bright side, Torontoist's corporate booze budget is at an all-time high. Statistics Canada recently released data indicating that Canada's crime rate is at a 30-year low, with reductions in violent crimes such as......
Continue Reading "Crime Is Low, Money Grows, UFOs"July 1, 2008
Happy Canada Day! There is lots of stuff going on around town, including fireworks tonight at Ashbridges Bay, Ontario Place, Downsview Park, and Mel Lastman Square, where Mel Lastman will be fired into space on a giant skyrocket. Delta Kappa Epsilon officials expressed shock after a drug bust at a chapter of the fraternity in Toronto. Police seized $126,000 worth of illegal drugs at the Alpha Phi Crack House near U of T. Serious......
Continue Reading "It's Canada Day, Crime Down Hooray, Economy Barely OK"January 23, 2008
Unless you're just coming off a three-day bender, you already know that Australian actor Heath Ledger died in New York yesterday, an event covered by the media with the familiar dead celebrity combination of prurience and gravitas. Still, he was good at what he did and he had a little girl and it's sad. Good news, everybody! Dalton McGuinty has announced that there will be no recession, in spite of deepening pessimism on the......
Continue Reading "Economic Problems Solved, Toronto May Get On Board, Next Week: Amy Winehouse"January 10, 2008
Sections of downtown core shut down for fear of falling debris. David Miller responds by initiating the "Less Wind Now" campaign, encouraging Ottawa to build "a giant wall" around Toronto to serve as a windbreak. Forty year mortages have arrived. Suggested advertising slogan: "Now you can be in your seventies and still not have paid down your house! Federal poll shows Tories back on top by seven points. Apparently, the secret for the Tories'......
Continue Reading "It Is Windy! It Is Slowing Down Economically! It Is A Bad Day To Be A Maple Leaf!"January 1, 2008
Torontoist is ending the year by naming our Heroes and Villains of 2007––the people, places, and things that we've either fallen head over heels in love with or developed uncontrollable rage towards over the past twelve months. Get your dose, starting Boxing Day and running into the new year, three times a day––sunrise, noon, and sunset. Despite the loonie's heroic achievement this year, there was still an unpalatable flip-side to its gratifying performance for many......
Continue Reading "Villain: Cheap Retailers"December 27, 2007
Torontoist is ending the year by naming our Heroes and Villains of 2007––the people, places, and things that we've either fallen head over heels in love with or developed uncontrollable rage towards over the past twelve months. Get your dose, starting Boxing Day and running into the new year, three times a day––sunrise, noon, and sunset. Named Time’s Canadian Newsmaker of the Year for 2007, the loonie reached parity with the U.S. dollar this past......
Continue Reading "Hero: The Loonie"December 27, 2007
Torontoist is ending the year by naming our Heroes and Villains of 2007––the people, places, and things that we've either fallen head over heels in love with or developed uncontrollable rage towards over the past twelve months. Get your dose, starting Boxing Day and running into the new year, three times a day––sunrise, noon, and sunset. The subprime mortgage crisis, which began late last year but really picked up steam in the last few months,......
Continue Reading "Villain: The Credit Crisis"