According to the Fraser Institute, between 2010 and 2016, monthly electricity bills (including tax) in major Canadian cities increased by an average of $37.68. During the same period, electricity bills in Toronto and Ottawa increased by $77.09 and $66.96, respectively. This means that residents in Toronto experienced electricity price increases of double the national average between 2010 and 2016.
Under the Fair Hydro Act, the Ontario government plans to reduce residential hydro bills by 25 per cent, with an eight per cent rebate that came into effect on January 1, 2017. However, the Fraser Institute said the plan will ultimately result in higher electricity bills in the future.
Recent job postings in Toronto:
North York General Hospital – North York, ON
Metrolinx board asked to approved 3-per-cent increase at board meeting this week.
A report to be presented at Wednesday’s Metrolinx board meeting indicates the fare increase will only affect single-ticket adult fares greater than $5.65. Meanwhile, trips at or below that price will see no changes. Discounts for PRESTO card users would also remain unchanged.
If approved, the increase would mark the first time Metrolinx has raised fares for the Union Pearson Express.
The proposed fare hike, which would come into effect Sept. 2, is estimated to bring in $8.5 million of additional revenue for the provincial transit agency.
Ontario’s expansion of rent control to all private market rental housing units across the province means that 250,000 more tenants will receive protection from unfair rent increases, and will have their rent capped at the annual rent increase guideline of 1.8 per cent in 2018.
Continue reading Ontario Capping Rent Increases at 1.8 Per Cent for Tenants in 2018
The province is helping families celebrate Ontario’s 150th anniversary by expanding the Fun Pass for 2017.
Continue reading Celebrate Ontario’s 150th Anniversary with the 2017 Fun Pass
C$99 for a Four-Course Teppanyaki Dinner for Two at Benihana Japanese Steakhouse (Up to C$154 Value)
Continue reading Benihana Japanese Steakhouse Coupon (Save 36%)
Mayor John Tory on behalf of the City of Toronto and the Toronto Parking Authority (TPA) today announced that starting on Wednesday, July 5 Bike Share Toronto will offer free rides every Wednesday in the month of July.
Continue reading Mayor John Tory and Bike Share Toronto roll out Free Ride Wednesdays in July
– New research from the Real Estate Investment Network shows the City of Barrie is poised for growth. Barrie meets criteria on REIN’s Long-Term Real Estate Success Formula for a future stable real estate market as the city continues to diversify its economy to support GDP, employment and population growth.
Continue reading Economic fundamentals of Barrie set the stage for real estate investors
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Continue reading CONTEST: WIN 150% OFF AT FOOD BASICS
In the first full month reflecting a new tax on foreign buyers, Toronto’s housing market is showing signs of cooling as new listings soar 49%. Bloomberg TV Canada talks to Robert Hogue, senior economist at RBC.
Continue reading Sanity hits Toronto’s housing market