Tag: CP24

Bank of Canada to maintain inflation mandate, will consider job market in rate decisions – CP24

by Bobby Chaim ( markets)

The Bank of Canada’s key policy rate since the start of the pandemic has been at 0.25 per cent, lowered there to prod spending during the COVID-19 induced downturn and subsequent rebound. Changes in the Bank of Canada’s target for the overnight rate influence the prime rates at the country’s big banks that are used […]

Council adopts sweeping new zoning policy that will require some developers to construct …

by Bobby Chaim ( markets)

“In a nutshell, inclusionary zoning means by law that new developments must include an affordable housing component where rents or the cost of ownership will be less than our expensive marketplace otherwise offers,” Mayor John Tory told reporters at city hall on Tuesday morning. “Let’s make the most of this and not lose this opportunity. […]

Toronto city councillors pushing for one-year moratorium on new cannabis retail outlets – CP24

by Bobby Chaim ( Cannabis)

So those are four clustered in an area near a school, near a community centre, near many things that we didn’t think we would be having cannabis stores near,” Fletcher, who represents the east-end riding of Toronto-Danforth, told CP24 on Monday afternoon. “There is one situation on Queen East where there’s seven cannabis shops,” Fletcher […]