Toronto – Deputy Mayor Jennifer McKelvie (Scarborough-Rouge Park) and Toronto City Councillor Dianne Saxe (University-Rosedale) were at Evergreen Brick Works to announce that 100 per cent of short-term actions in support of the City of Toronto’s ambitious net zero emission targets are now underway, with some complete. The update is one of the key findings within two City reports on …
Toronto – The City of Toronto is reopening its debenture offerings for an additional $350 million conventional bond to help finance critical capital projects. This is the City’s first public debenture issuance this year. This conventional bond issue, which is a reopening of a debenture originally issued in May 2022, has an all-in cost of 4.504 per cent, a coupon …
Canada and Ontario investing up to $6 million in market development effort Toronto – The governments of Canada and Ontario are investing up to $6 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to help eligible agri-food businesses and industry organizations expand into domestic and foreign markets. The Grow Ontario Market Initiative is a new, cost-share initiative that will …
New expansion projects will create good-paying manufacturing jobs for workers in London and St. Thomas LONDON – The Ontario government is supporting more than $14 million in new investments by two Southwestern Ontario companies, EDGE Automation and Takumi Stamping Canada Inc., to boost local manufacturing and create 78 new good-paying jobs in London and St. Thomas. As part of these …
Toronto – A City of Toronto staff report going before the Economic and Community Development Committee on Tuesday, April 25, is recommending revised criteria for activating Warming Centres during the winter response season. The report recommendations respond to direction given by City Council in February to review current procedures regulating the opening of Warming Centres. Based on the evidence reviewed, …
Toronto – The City of Toronto launched its second annual request for proposals (RFP) for the Multi-Unit Residential Acquisition (MURA) program to protect affordable rental housing for Toronto residents. This RFP provides $21.5 million in City funding and incentives to qualified non-profit housing providers, including Indigenous housing providers, cooperatives and community land trusts. Over the past year, the MURA program …
Toronto – The City of Toronto is expanding its Traffic Agents Program to increase road safety and better manage traffic congestion. A total of 30 Traffic Agents are budgeted to be deployed this year, with the first wave of new employees currently being deployed to critical intersections across Toronto. The City’s Traffic Agents program is a congestion management strategy that …
Ottawa – The Consumer Price Index (CPI) rose 4.3% year over year in March, following a 5.2% increase in February. This was the smallest increase since August 2021 (+4.1%). On a year-over-year basis, Canadians paid more in mortgage interest costs, which was offset by a decline in energy prices. As a result of the steep monthly increase in prices in March 2022 (+1.4%), base-year effects, notably …
Toronto – The City of Toronto is accelerating this spring’s opening of seasonal park washrooms and has already completed the first early openings. Late last week, City crews began activating seasonal park washrooms. Staff are now in the field daily, accompanying plumbers and technicians who are flushing pipes and activating water infrastructure. As of this morning, 32 of 128 seasonal …
Canada and Ontario investing up to $6 million in market development effort TORONTO – The governments of Canada and Ontario are investing up to $6 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to help eligible agri-food businesses and industry organizations expand into domestic and foreign markets. The Grow Ontario Market Initiative is a new, cost-share initiative that will …
