Toronto Economy
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Local businesses expect TIFF sales boost, but not as high as pre-pandemic yearsThis year's return to TIFF's typical glitz and glamour will offer a chance for restaurants, hotels and brands to boost their foot traffic.CanadaSep 5, 2022
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Despite COVID pandemic, in-person shopping still strong: RioCan REIT CEOAlthough COVID-19 has impacted the business environment, brick-and-mortar shopping still runs strong, according to the chief executive of RioCan Real Estate Investment Trust.ConsumerFeb 10, 2022
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As businesses begin slow rebound, retailers in Toronto’s PATH system continue to struggle“The PATH needs a particular solution that is different from any other retail space in the country."EconomyOct 19, 2021
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Coronavirus: Toronto retailer feeling the bylaw blues while trying to reach customers outdoorsThe current ban on in-store shopping for all but essential businesses and the lack of clarity surrounding the orders are making for a less-than-festive season for locals.EconomyDec 10, 2020
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Coronavirus: Toronto retail businesses brace for expected lockdown restrictionsWith Ontario possibly announcing what is widely expected to be another lockdown, small business owners in Toronto are filled with dread for what the additional restrictions will bring amid the coronavirus second wave.HealthNov 20, 2020
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Toronto condo, apartment rental prices drop again amid ongoing coronavirus pandemic"In my 20 years covering the market, I have never seen rent declines like this."ConsumerOct 28, 2020
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Toronto needs more inter-governmental aid in face of projected 2021 $1.7B hole: City Manager“We are dealing with massive equity challenges that we can’t lose sight of and must continue to address."PoliticsOct 14, 2020
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Toronto rental market turned upside down by coronavirus pandemic, hands power to tenantsAccording to a report released this month by the online brokerage Zoocasa, the number of condos listed for rent in Toronto spiked 45 per cent in the second quarter of 2020, compared to the same time last year.EconomyAug 23, 2020
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Coronavirus: Toronto’s tourism industry likely to lose billions in revenue, officials sayDestination Toronto said tourism generated around $6.9 billion in direct spending in Toronto during 2019.EconomyJun 16, 2020
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Mayor Tory announces economic task force to aid city in wake of coronavirus outbreak"I'm confident we will get through the economic impact of this pandemic by listening to people and doing the smart, responsible things we can do to help them."HealthMar 16, 2020
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