TORONTO – The site of the iconic Toronto discount store Honest Ed’s has been sold to a Vancouver-based luxury developer.
The buyer is Westbank Properties, which built the Shangri-La hotels in Toronto and Vancouver.
Westbank will rent the site and surrounding properties back to him for the next two to three years, while it decides what to do with the 1.8-hectare parcel.
Here’s what else you need to know.
WEATHER
Mainly cloudy. Clearing near noon. Wind west 20 km/h becoming north 20 gusting to 40 this morning. High 8. UV index 3 or moderate.
WINTER PREVIEW: Global News’ Chief Meteorologist Anthony Farnell provides us with a look at what we can expect in the months ahead.
More on current weather conditions and a 7-day forecast.
TRAFFIC AND TRANSIT
Roads: Click for the latest Toronto traffic.
Mass Transit: Click for TTC and GO Transit Updates.
SPORTS
MLB World Series:
- Pedestrian in life-threatening condition after being hit by vehicle in Mississauga
- Judge at trial of man accused of killing cop was concerned over Crown changing theory
- Ontario transportation minister pitches 24-hour work to speed up Gardiner construction
- ‘Love at first sight’: Snow leopard at Toronto Zoo pregnant for 1st time
The World Series is tied at two games apiece following Boston’s 4-2 victory over the St. Louis Cardinals on Sunday night, which ensured the title will be decided back at Fenway Park.
Game 5 goes tonight at 8:07 p.m. ET.
IN THE NEWS…
Toronto Transit Commission chair Karen Stintz says she’s jumping into the race for the mayor’s chair. Toronto Mayor Rob Ford says he’s “absolutely salivating” to defend his record in the city’s election one year away.
A Milton woman is devastated after learning the Ontario government won’t cover a cancer treatment that could prolong her life.
The Conservatives will to try to end debate today on a bid to suspend three Senators without pay.
A children’s aid worker who handled the case of a Toronto boy who starved to death while in his grandparents’ care is due to testify again today at a coroner’s inquest into the case.
The doctor convicted of killing Michael Jackson was released from jail Monday after serving nearly two years of a four-year sentence.
ALSO COMING UP TODAY…
Tourism Minister Michael Chan will make an announcement about supporting the growth of Ontario’s music industry. (9 a.m. at Revolution Recording)
Saudi Arabia’s national airline, Saudia, launches direct flights to Toronto. (9:30 a.m. at Pearson International Airport)
Toronto FC management and players will hold their year-end media interviews. (10 a.m. at Toronto FC KIA Training Ground)
Bernard Lord, president and CEO of the Canadian Wireless Telecommunications Association, speaks to Toronto Region Board of Trade on how Canada’s wireless industry is revolutionizing how it does business. Media availability follows. (12:30 p.m. at Toronto Region Board of Trade Downtown Centre)
Do you have any suggestions for our Toronto morning roundup? Reach us via email at newstips@globaltv.com, on Twitter or on Facebook.
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