Tag Archives: Ontario

Toronto electricity bills highest in Canada

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

Recent job postings in Toronto:

Ministry of Finance – North York, ON
Sales and Leasing Consultant
BMW Toronto – North York, ON
Marketing Intern – Motion Picture…
C&C Communications – Toronto, ON
Material Handlers, Shipping, Order…
Roots Canada – Toronto, ON
Administrative Assistant/Receptionist
Tandem Studios – Toronto, ON
Sales Associate – Gap Outlet -…
Gap – Scarborough, ON
Data Entry Clerk
SickKids – Toronto, ON
Executive Assistant
Canada Goose – Toronto, ON
Desk Clerk
North York General Hospital – North York, ON

GO Transit fare hikes are coming

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 Capping Rent Increases at 1.8 Per Cent for Tenants in 2018

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

Economic fundamentals of Barrie set the stage for real estate investors

– 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