smg2_business

It’s time for Toronto to create a high-speed Internet network

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Just when low-income Toronto residents were counting on the city to create a state-owned and operated municipal broadband network, the city backed away from its commitment to ConnectTO. Despite the city’s acknowledgment in January of the exorbitant prices people face for internet access, the executive committee, chaired by Mayor John Tory, said building a public … Read more

It’s time for Toronto to create a high-speed Internet network

by

Just when low-income Toronto residents were counting on the city to create a state-owned and operated municipal broadband network, the city backed away from its commitment to ConnectTO. Despite the city’s acknowledgment in January of the exorbitant prices people face for internet access, the executive committee, chaired by Mayor John Tory, said building a public … Read more

Toronto’s DNAstack and Horizon Blockchain Games are on the World Economic Forum’s list of tech pioneers

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The World Economic Forum (WEF) has named two Toronto-based companies to its annual list of tech pioneers, companies tackling issues ranging from sustainability and climate change to healthcare and food production . The international organization best known for its annual gathering of world leaders in Davos, Switzerland, has named 100 companies to the list, and … Read more

Toronto’s DNAstack and Horizon Blockchain Games are on the World Economic Forum’s list of tech pioneers

by

The World Economic Forum (WEF) has named two Toronto-based companies to its annual list of tech pioneers, companies tackling issues ranging from sustainability and climate change to healthcare and food production . The international organization best known for its annual gathering of world leaders in Davos, Switzerland, has named 100 companies to the list, and … Read more

Toronto’s DNAstack and Horizon Blockchain Games are on the World Economic Forum’s list of tech pioneers

by

The World Economic Forum (WEF) has named two Toronto-based companies to its annual list of tech pioneers, companies tackling issues ranging from sustainability and climate change to healthcare and food production . The international organization best known for its annual gathering of world leaders in Davos, Switzerland, has named 100 companies to the list, and … Read more

Armchair Bank of Canada critics like Pierre Poilievre should stick to football

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The Bank of Canada (BoC) has rarely been so criticized as it is today. The Bank of Canada sets the interest rates which determine the cost of borrowing. And it pumps money into a stalled economy to get it going again, or pulls money back to keep the economy from overheating. The bank is now … Read more

This is how Canada’s inflation rate could be reduced

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Year-on-year, CPI inflation was 6.7% in March. In other words, average prices for consumer goods and services in March were 6.7% higher than in March 2021 – a rate well above the 2% target and the highest since the start of 1991. Under pressure from economists and financiers, Bank of Canada Governor Tiff Macklem seems … Read more

This is how Canada’s inflation rate could be reduced

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Year-on-year, CPI inflation was 6.7% in March. In other words, average prices for consumer goods and services in March were 6.7% higher than in March 2021 – a rate well above the 2% target and the highest since the start of 1991. Under pressure from economists and financiers, Bank of Canada Governor Tiff Macklem seems … Read more

How Toronto real estate agents are dealing with the cooling market

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It was crazy how fast the market turned, says real estate agent Dajan Kumarasamy. “It was like a boost,” he says. He had three or four homes listed in March. One week, these houses drew 15 to 20 offers. The following week it was two or three. “I was so shocked. I was like, ‘What’s … Read more

How much do you need to earn to buy a house in Toronto? More than you think

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So you want to own a home in Toronto. How much do you need to earn to enter the market? Much more than you did just six months ago, according to mortgage broker James Laird. The average home price in the GTA reached $1.25 million in April. That means if you want to buy an … Read more