Toronto mortgage, finance and others news – 28052016

In this week’s Toronto mortgage, finance and other news stories range from the Toronto real estate market is red hot, Whitehorse city council has voted yes on a $56 million building consolidation project and Toronto Blue Jays a wild 10-9 walkoff win over the Boston Red Sox on Saturday.  Check it out below!

The Toronto real estate market is red hot, fueled by overheated pockets in the Greater Toronto Area. http://www.profitconfidential.com/economy/the-toronto-real-estate-market-just-hit-a-new-level-of-absurdity/

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More than a third of Canadian homeowners were caught short at least once in the past year, unable to cover their expenses, a new survey has found.

http://www.ctvnews.ca/business/more-than-third-of-canadian-homeowners-struggled-to-pay-bills-in-past-year-survey-1.2915416

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The law firm at the centre of the Panama Papers leak broke its own policies by setting up an offshore company for a Canadian billionaire under criminal investigation,news outlets reported today. http://www.business-standard.com/article/pti-stories/panama-papers-law-firm-registered-co-for-canadian-billionaire-116052700024_1.html

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Whitehorse city council has voted to get the ball rolling on a new $56 million building consolidation project, despite some councillors’ concerns about how they’ll pay for it. http://www.cbc.ca/news/canada/north/whitehorse-municipal-services-building-design-contract-1.3599494

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Two capybaras that escaped from a Toronto zoo remain missing as several conflicting reports raise questions about whether the animals are dead or alive. http://www.ctvnews.ca/canada/toronto-parks-investigating-reports-of-capybaras-sightings-1.2921601

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Toronto dog lovers and their furry companions were out in full force on Saturday at Woodbine Park for the city’s annual celebration of man’s best friend.

http://www.cbc.ca/news/canada/toronto/woodstock-2016-1.3605133

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Residents in a neighbourhood west of Toronto are being told to be on the lookout for an apparent baby alligator on the loose. http://globalnews.ca/news/2725480/baby-alligator-on-the-loose-in-neighbourhood-west-of-toronto/

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Russell Martin hit an RBI double to tie the game in the ninth inning and Devon Travis drove him in to give the Toronto Blue Jays a wild 10-9 walkoff win over the Boston Red Sox on Saturday. http://news.nationalpost.com/sports/mlb/toronto-blue-jays-erase-two-late-deficits-against-red-sox-closer-for-walkoff-victory

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A lucrative contract beckons the 26-year-old this summer. But less than 24 hours after the Raptors’ finest season in franchise history came to an emotional close, DeRozan said he’s committed to this team and the city of Toronto. http://www.cp24.com/sports/demar-derozan-says-he-wants-to-stay-with-the-raptors-1.2921589

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The Toronto players scattered Saturday in the wake of their season-ending 113-87 loss to the Cleveland Cavaliers in Game 6 of the Eastern Conference finals. But not before singing the praises of the Raptors’ brotherhood.

http://www.cbc.ca/sports/basketball/nba/raptors-brotherhood-nba-1.3605099

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