Amazon Leases Additional 100,000 Sq. Ft. of Office Space in Downtown Toronto
byAcross two towers.
Business
All the business news you need to know in the GTA.
Canadian Consumer Insolvencies Dropped 38% in October
by“Canadians are forced savers right now, decreasing their socializing and travel costs.”
CIBC Deputy Chief Economist Predicting Strong Second Half of 2021 for Canadian Economy
by“People are dying to spend and guess what, they’ve got the cash.”
Real Estate Continues to Contribute to Employment Growth in Canada: StatsCan
byJust 84,000 jobs were added in October.
Bank of Canada Says Canadian Economy Won’t Return to Pre-COVID Levels Until 2023
byAs Canada’s economy continues to recover, it still has a long road ahead.
Hudson’s Bay Company Launches Division to Redevelop Real Estate Assets
byTo create multi-use spaces across the workplace, retail, residential, and entertainment categories.
Up to 20% of Canadian Mortgages at ‘Higher Risk of Defaulting’: RBC
byThe result would be a delinquency rate 4x higher than Canada’s peak over the past 30 years.
Amazon Opening Two New Fulfillment Centres, Creating 2,500 Jobs in GTHA
byThe creation of five new delivery stations has also been confirmed.
Unemployment Rate Falls as Canada Adds 246,000 Jobs in August: StatCan
byThe unemployment rate fell to 10.2% in August.
This Toronto Tech Company Has Completely Changed Home Buying and Selling
byIt’s as easy as 1-2-3.