Toronto mortgage news 17-07-2016

The Toronto Mortgage, Finance And Other News You Need To Know For The Week Ending 17th July

In this week’s Toronto mortgage, finance and other news we take a look at the demand for rental units in the Toronto condo market, Mark Carney – former Governor of the Bank Of Canada – has returned to Toronto – find out why and the Toronto Blue Jays picked up an important contract extension. Read about it all below!


A Look At Rental Properties And The Toronto Condo Market

What is driving demand for rental properties in the Toronto condo market? This article takes an indepth look and some of the results are much more surprising than you’d think…

http://www.cbc.ca/news/canada/toronto/condo-rent-own-construction-1.3681044


What Are The Differences Between The Toronto And Vancouver Housing Markets?

We all know that Toronto and Vancouver are the two hottest housing markets in Canada – with seemingly neverending home price growth. However, a new Royal LePage study shows that aside from this there is actually very little in common between the two housing markets…

http://www.advisor.ca/news/economic/dont-compare-the-booms-in-toronto-and-vancouver-real-estate-209047


Toronto Real Estate Board Issues Appeal Against Competition Decision

In the long standing saga about whether or not the Toronto Real Estate Board should make the MLS open and accessible to everyone, the Toronto Real Estate Board has launched an appeal agains the recent compeition commission ruling. Find out what is going on and what it means at:

 http://business.financialpost.com/personal-finance/mortgages-real-estate/toronto-real-estate-board-appeals-competition-tribunals-ruling-on-posting-sales-data-online


Mark Carney Is Back In Toronto – Why?

Mark Carney – who left the Bank of Canada to take over as head of the Bank of England in the UK – was back in Toronto this week. Who was he meeting – financial chiefs? Banking powerhouses? No, actually he was meeting th Environment Minister Catherine McKenna to discuss climate change and the financial implications.

http://www.cbc.ca/news/business/mark-carney-toronto-climate-change-economy-1.3680355


Should Texting While Crossing The Street Be Made Illegal In Toronto?

A debate was started this week and not everyone is on board with this idea – find out the arguments on both sides of the fence at:

  http://www.cbc.ca/news/canada/toronto/distracted-walking-ban-1.3682370


Toronto City Council Lifts Street Hockey Ban

In a move that fans of the very popular community driwn sport have been asking for for a while, Toronto city council this week lifted the ban on street hockey in the city.

http://www.ctvnews.ca/sports/game-on-toronto-lifts-ban-on-street-hockey-1.2988724


Toronto Blue Jays Secure Justin Smoak For Two More Years

Meaning that for two more years jokes about his name will continue to be heard around bars in the GTA. Read more about the two year extension and what it means for the Blue Jays at:

http://www.cp24.com/sports/smoak-signs-two-year-contract-extension-with-blue-jays-1.2989680


The Indy Toronto Was In Town

Find out what happened and who won at:

http://toronto.ctvnews.ca/australia-s-will-power-places-first-at-honda-indy-toronto-canada-s-james-hinchcliffe-comes-in-third-1.2990560


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