Tag Archives: Royal Bank of Canada

Government intervention in Toronto’s housing market increasingly likely, bank says

Government intervention in Toronto’s housing market increasingly likely, bank says

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Government intervention in Toronto’s housing market increasingly likely, bank says

Mortgage Broker News

The government may step in to cool off Toronto’s red-hot housing market, the Royal Bank of Canada (RBC) said. Home resales set a new record high in 2016. In its Canadian Housing Health Check for 2017, RBC said the likelihood to address housing risks in Toronto “is increasing.”

“Toronto is showing increasing signs of overheating,” the bank said. It pointed out that affordability-related vulnerabilities continue to be major concerns in Vancouver and Toronto. Such vulnerabilities are now being tempered (somewhat) in Vancouver, however, by rapidly moderating price increases, it added. RBC did not specify what sort of moves policymakers would introduce to cool down the Toronto’s market.

http://www.mortgagebrokernews.ca/news/government-intervention-in-torontos-housing-market-increasingly-likely-bank-says-220441.aspx


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Sugar Shack

Sugar Shack TO returns to Sugar Beach

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Sugar Shack TO returns to Sugar Beach

(CNW) — Bringing a big dose of sweetness to Toronto’s Waterfront, Sugar Shack TO, in partnership with Waterfront Toronto, is returning to Sugar Beach – bigger, better and sweeter than ever. On the first weekend of March Break, March 11 to 12, 2017 Sugar Shack TO will have everyone celebrating the last days of winter with two sugar shacks serving up maple taffy, ice activities, cabane à sucre delicacies, live entertainment, a specialty bar and much more.

WHEN
Saturday, March 11, 2017 from 11 a.m. – 8 p.m.
Sunday, March 12, 2017 from 11 a.m. – 5 p.m.

WHERE
Canada’s Sugar Beach, 11 Dockside Drive; Lower Jarvis Street and Queens Quay East

WHAT

  • Two Sugar Shacks serving up real Ontario maple taffy all weekend long.
  • Food marketplace with a variety of maple infused treats.
  • Interactive ice activities for kids: an ice canvas to paint on, ice sculpture photo ops, battle of the chainsaws, ice carving demos and a giant ice Tic-Tac-Toe.
  • Live music from Sugar Shack emcees.
  • Specialty bar serving beer, cider and specialty liquor.
  • Free Sugar Shack Shuttle operating to and from the Distillery District.

ADMISSION

Free.

Sugar Shack TO 2017 partners include: Menkes, Tridel, Hines, Great Gulf, Redpath Sugar, PortsToronto and RBC. For more information visit sugarshackto.ca

YouTube video: youtube.com/watch?v=pMKesOP2EmA

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