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A new global index suggests Toronto is among the world’s worst cities when it comes to housing affordability — as experts blame decades of policy missteps, development delays, and overwhelming population demand for the problem.
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Taking Stock is a complete roundup of all the trending stories Canadians need to know in the world of business each week.
A new global ranking of the world’s leading cities has been released, with Toronto notably snagging a top spot among the worlds best locations.
Summer is in full swing in Toronto this weekend. Street festivals, a parade, and a charity bike ride are among the events that will result in road closures in the city.
Jay Olson, a post-doctoral researcher in the University of Toronto’s psychology department, led a 2023 global study that surveyed more than 50,000 people about their smartphone habits. He said it’s an emerging problem.
Premier Doug Ford is doubling down on his vision to build a tunnel underneath Highway 401, telling reporters that “just because it hasn’t been done, doesn’t mean it can’t be done.”
Ontario Premier Doug Ford and Toronto Mayor Olivia Chow appear to have found middle ground on the future of bike lanes in the city as the province looks to rip up 19 kilometres of cycling infrastructure on three major roads.
