Ontario Economic Fundamentals

[joeiannuzzi]

Public board set to raise millions via land development

The public school board has unveiled development plans that could potentially generate millions in revenue for student programs.

Peel District School Board Chair Janet McDougald presented a plan to transform about 32 acres of board-owned farmland in Mississauga into commercial office space. About 30 interested community members were at the public presentation in the board`s Mississauga headquarters Thursday evening.

McDougald told the audience the board had approved leasing 31.67 acres of the Britannia Farm to Toronto-based developer Osmington Inc. The 200-acre farmlands, adjacent to the board`s headquarters at Hwy. 10 and Matheson Blvd., was donated to the board by King William IV in 1833 for educational purposes.

http://www.thebramptonguardian.com/news/article/46896

 

[joeiannuzzi]

City receives funding plan to clean up Greenwich Brownfield

The long-awaited document from the federal government confirming it will pay a $12- million share toward the remediation of the Greenwich-Mohawk brownfield area has arrived just in time for a summit on the project that city council is holding today.

At a special meeting on the third floor of the Brantford Public Library at 5 p.m., council will go through the details with staff of a draft agreement from Industry Canada setting out the terms and conditions under which the money will flow to pay for remediation costs on the 52-acre site.

http://www.brantfordexpositor.ca/ArticleDi...el-Allan+Marion

 

[joeiannuzzi]

Newmarket company gets CMHC grant

A Newmarket company is among the recipients of a special grant handed out by the Canada Mortgage and Housing Corporation.

George Torok and GRG Building Consultants received a research grant of up to $25,000 for their project, "Selection of Low-e Coated Glass for Older Residential High-Rise Apartment Buildings in Canada."

http://www.yorkregion.com/News/Regional%20News/article/73046

 

[joeiannuzzi]

Worst may not be over; Opening of lock 42 could raise level of already high river

Not everyone will be welcoming the warm conditions forecast for this week.

Severn Township Mayor Phil Sled learned Monday there`s still "considerable snow" in the headwaters, and warm temperatures could cause the Black River - which has levelled off - to rise again later in the week.

"It`s the Black River that`s creating all the problems for us," Sled said after a meeting attended by officials from the Ministry of Natural Resources, the Trent-Severn Waterway, police, the health unit and other agencies.

Trent-Severn officials completely closed Lock 42 on Saturday to slow the flow from Lake Simcoe. However, the lock can`t remain closed. When it`s reopened, as Simcoe North MP Bruce Stanton warned on the weekend, levels in the Severn River will rise.

http://www.orilliapacket.com/ArticleDispla...h=Nathan+Taylor

 

[joeiannuzzi]

BMO puts its money on Georgian college; backs campagin with $170,000 donation

Georgian College got just what the doctor ordered.

College officials accepted a $170,00 contribution yesterday for its Power of Education campaign, which will help fund Georgian`s health science program, including the proposed health and science building.

The BMO Financial Group donated the money, launching the Power of Education $17-million campaign, much of which will be directed to the $50 million health and science building.

"I am extremely proud that we are investing in Georgian, central Ontario`s cornerstone for post-secondary education," said Frank Berdan, vice president Northern Ontario District, BMO Bank of Montreal. "Education is the foundation of personal fulfillment, and, therefore, is essential in maintaining a prosperous and enlightened society."

http://www.thebarrieexaminer.com/ArticleDi...uth=IAN+MCINROY

 

[joeiannuzzi]

Construction moving quickly on Conant Complex

OSHAWA -- What used to be a vacant elementary school in south Oshawa is quickly taking shape as a state of the art community centre.

Construction is humming along on the new Conant Complex located on Grassmere Street and officials say the facility is on target to open this summer. It will include a new home for the Oshawa Community Health Centre (OCHC) and a new branch of the Oshawa Senior Citizens Centres.

http://newsdurhamregion.com/news/oshawa/article/97060

 

[joeiannuzzi]

Veridian may bid on Mississauga utility

DURHAM -- Veridian Corporation could be expanding. Veridian, the electrical utility owned by the municipalities of Pickering, Ajax, Clarington and Belleville, may be kicking the tires of Mississauga`s utility, Enersource Corporation.

Last week, Mississauga council decided to put Enersource up for sale. It could bring the City between $250 and $300 million.

"Certainly, Veridian is looking at growing its business. We`ll certainly look at this one, if it fits in and makes sense," says Michael Angemeer, the president and CEO of Veridian.

http://newsdurhamregion.com/news/durham/article/97018

 

[joeiannuzzi]

Area hospitals get $20M boost

GUELPH

A boost to hospital funding, representing an increase of more than $20 million for Wellington County and Waterloo Region, will help reduce wait times and improve access to health care, the provincial government said yesterday.

http://news.guelphmercury.com/News/article/317074

 

[YLCorporation]

QUOTE (joeiannuzzi @ Mar 6 2008, 06:14 AM) Lakehead likes downtown; New campus on city`s fringe won`t sever links to Orillia core, dean assures crowd

It will have high-tech labs, state-of-the-art lecture theatres and a student residence - all designed to a slick environmental standard meant to garner federal cash.

But one thing Lakehead University`s future campus, to be built on farmland located on the western fringe of the city, will not have is a bookstore.

Manticore Books, on Mississaga Street in the heart of downtown Orillia, will remain the university`s official bookstore, Orillia campus dean Kim Fedderson told a crowd gathered at city hall Wednesday night for a public forum.

http://www.orilliapacket.com/ArticleDispla...uth=Teviah+Moro

Joe: Can you tell me the day this article was published? It has been removed from the website?

Thanks

 

[joeiannuzzi]

QUOTE (YLCorporation @ Apr 15 2008, 03:42 PM) Joe: Can you tell me the day this article was published? It has been removed from the website?

Thanks
I believe it was March 6th as I try to post the same day I see the articles. If for some reason it isn`t on that day, then it would have to be the 5th.

 

[joeiannuzzi]

Letter from City Hall: Mayor rediscovers Bay Street side in Beijing

Mayor David Miller, a Bay Street lawyer before entering politics, is rediscovering his Bay Street side. On Monday it was all business, all the time, as the Mayor spoke from Beijing with reporters clustered in the boardroom at the Mayor`s Office, including four television cameras eagerly trained at the speaker phone.
Breathlessly, the Mayor described some of the business connections between Toronto and China that he saw on Monday in Beijing, during a lunch sponsored by Fasken Martineau, the Bay Street law firm, and during a York University alumni event.

http://network.nationalpost.com/np/blogs/t...in-beijing.aspx

 

[joeiannuzzi]

TTC to seriously consider relief line by 2018, Giambrone says

TTC Chairman Adam Giambrone says a new subway line cutting through the bottom of the city is a "good idea," one the TTC will start looking at seriously by 2018.
The Downtown Rapid Transit project, or Downtown Relief Line (DRL), would relieve congestion at the Bloor-Yonge interchange and the line`s busiest stretch between Yonge and Union stations. It would also increase access to such emerging urban neighbourhoods as Liberty Village, West Donlands, the Distillery District and the waterfront. First studied in 1985, the route would cost more than $3-billion today.

http://network.nationalpost.com/np/blogs/t...brone-says.aspx

 

[joeiannuzzi]

A model city for sane transportation

Could answers to the Toronto region`s congestion crisis reside among the cobbled, storybook streets of the ancient German city of Bremen?

With a population of about 600,000, Bremen is increasingly being recognized as the last word in sane, sustainable transportation.

Last year, the city even managed to buck the European trend to rising car ownership – a sign, say some, that the city is already making the cultural shift away from auto dependence that`s needed here.

http://www.thestar.com/News/GTA/article/414977

 

[joeiannuzzi]

Chinese mining firm to open Toronto office

Toronto Mayor David Miller today touted the decision of a giant Chinese mining firm to set up an office in Toronto as proof of the city`s importance in the industry.

Economic development officials for the city have been working with Jinchuan Group Ltd. for about a year to lure China`s largest producer of nickel and cobalt here.

http://www.thestar.com/News/GTA/article/414698

 

[joeiannuzzi]

Residents rally to fend off floodwater

BELLEVILLE - The sandbags are in place; now all homeowners in the rural north end of this Bay of Quinte city can do is hope their efforts were enough to withstand today`s crest of the raging Moira River.

It`s been an all-out, five-day effort by residents, volunteers and officials with the city and Quinte Conservation Authority, working to protect their property from what is being called the worst flooding in the area in 26 years. Most say they`re confident there will be little property damage.

http://www.canada.com/ottawacitizen/news/s...62-e78461089dc8

 

[joeiannuzzi]

Property taxes to go up less than expected

Property taxpayers got some good news yesterday when city officials revealed that a provincial freeze on education taxes means the increase on their bills will be less than expected.

City officials had expected an inflation-level increase in the education tax, which is included in municipal property tax bills. That would have meant roughly 5.2-per-cent total tax increases on urban properties and 6.1-per-cent increases in the rural areas. However, at a meeting of city council`s economic affairs committee, finance officials said the province didn`t mandate an education tax increase this year.

http://www.canada.com/ottawacitizen/news/c...d6-9584842d9c83

 

[joeiannuzzi]

U of O continues campus building spree

The University of Ottawa has unveiled plans to build a 15-storey tower, at a cost of $90 million, in the heart of its downtown campus.

It would be the centrepiece of a $150-million campus expansion. The building, which will provide an extra 236,000 square feet for classrooms and lecture halls, is expected to be home to several programs, including a language institute and the rapidly growing social sciences faculty.

http://www.canada.com/ottawacitizen/news/c...95-36c9cfab7dfc

 

[joeiannuzzi]

Tunnel buyout loan sought

Windsor is seeking a loan from the provincial government to finance a $75-million deal for the U.S. side of the Windsor-Detroit tunnel.

The city has applied to the Ontario Strategic Infrastructure Financing Authority, a loan program run through Infrastructure Ontario, to get the money needed to complete two years of negotiations with Detroit.

http://www.canada.com/windsorstar/news/sto...6e-fb3a15fd752a

 

[joeiannuzzi]

Property purchase rejected

KINGSVILLE - Council has decided against a property purchase that could have affected this year`s tax rate.

The tax increase on the municipal portion of a tax bill will go up $30.16 on a Kingsville home with an assessed value of $200,000.

http://www.canada.com/windsorstar/news/sto...51-0a361987ea2d

 

[joeiannuzzi]

Council eyes city spruce up

A short list of civic beautification and cleanup projects will be tackled by Windsor officials after a four-hour strategic planning session of city council Tuesday.

"We`re going to see these ideas come back to council," Mayor Eddie Francis said. "These are very simple things that can be done."

A gathering at Willistead Manor of councillors, city officials and representatives of the city`s five business improvement districts brainstormed a variety of ideas aimed at making Windsor more attractive for residents, tourists and investors.

http://www.canada.com/windsorstar/news/sto...ec-28af26bee36b