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Ontario Economic Fundamentals

Uxbridge GO station on track for June

UXBRIDGE -- A planned GO station that will serve Uxbridge residents is scheduled to be completed soon. According to a report from GO Transit, the new station, to be constructed in Stouffville at 10th Line and Bethesda Road near the Uxbridge/Stouffville border, is scheduled for completion in June. The contract to build the station, at a cost of $5,477,000, was awarded to Loc Pave Construction Ltd. in Gormley.

http://newsdurhamregion.com/news/business/...s/article/95579
 
Barrie becoming a hot spot; But city still isn`t on `must visit` list

Barrie is well on its way to becoming a desirable tourist destination. But there`s still room for improvement, according to a regional report on the city`s tourism sector.

Barrie is already known for some of its tourist attractions, but it has some work to do before getting on the list of `must-visit` destinations.

"We`re almost there, and we now know what our core attractions are here," said Kathleen Trainor, executive director of Tourism Barrie. "We are a great destination already, but we`re still only known for day trips and not as a place for overnight stays. We need to change that."

http://www.thebarrieexaminer.com/ArticleDi...CKI+CRUICKSHANK
 
Tourism report says Simcoe`s on right track

Tourism in Simcoe County is doing better than many other areas of Ontario.

Wednesday, the Lake Simcoe tourism area assessment report for the premier-ranked tourism destinations (PRTD) project was released at Georgian Downs.

The assessment is meant to capitalize on opportunities, address gaps in tourism and enhance the City of Barrie as a desirable tourist destination.

Neighbouring areas such as Orillia, Innisfil and New Tecumseth, as well as Essa, Oro-Medonte, Ramara and Severn townships and Mnjikaning First Nation were included in the the assessment.

http://www.orilliapacket.com/ArticleDispla...cki+Cruickshank
 
Realtor expands local presence with takeover

Just one year shy of celebrating its 30th anniversary, the largest independently-owned real estate company in Brantford has been sold.

Executive Realty of Brantford was sold to RE/MAX Twin City Realty Inc. for an undisclosed figure in a deal that closed April 1. The deal makes RE/MAX Twin City Realty the dominant player in the local real estate industry, with more than a 35 per cent share of the local market.

http://www.brantfordexpositor.ca/ArticleDi...th=Vincent+Ball
 
City will now tow cars after three parking tickets

BRAMPTON - Chronic violators will no longer get away with a few fines for parking illegally on local streets-- now, their cars will be towed. Any vehicle about to receive a third ticket in two months for illegal parking will automatically be towed to the pound at the owner`s expense, according to city officials.

http://www.thebramptonguardian.com/news/article/46467
 
EAST GWILLIMBURY CITIZENS IN THE KNOW

This town is your town and this plan is your plan.

That was the message from East Gwillimbury Mayor Jamie Young to a packed special council meeting on Monday night, where the town`s new official plan took centre stage.

Dan Stone, manager of planning policy, outlined the history of the plan and its goals. So far, planning in East Gwillimbury has been governed by five separate plans for communities such as Queensville and Sharon. That has caused problems in considering future growth.

http://www.yorkregion.com/News/East%20Gwil...y/article/72775
 
Zero-tolerance policy in effect

The Georgina Fire Department will aggressively enforce a new no-tolerance policy for smoke alarms, fire prevention officer Chris McDonough said.

The warning comes after another fire in Keswick, last week.

The fire was in a second floor appartment where there was no smoke alarm, officials said.

http://www.yorkregion.com/News/Georgina/article/72716
 
Structural damage forces bridge closure

Markham roads crews assessing winter`s toll on local streets found a lot more than they bargained yesterday.
Workers inspecting the John Street bridge found it damaged to the point it was no longer safe for traffic, town spokesperson Marjorie Rebane said.
The bridge, which runs between Bayview and Henderson avenues, has since been closed for an emergency assessment.

http://www.yorkregion.com/News/Markham/article/72783
 
Vaughan releases vision for tomorrow

You may be reading this today, but Vaughan officials are already thinking about tomorrow and they want you to do the same.

On Thursday, the city launched Vaughan Tomorrow, a growth policy which includes the already launched official plan review, the environmental master plan and the Vaughan Vision 2020 strategic plan.

http://www.yorkregion.com/News/Vaughan/article/72801
 
Construction season back on Main St. this summer

If Main Street is feeling a little lumpy when you drive along it, with dirt piles and construction machinery for decoration, think of it as the `before` stage of a new, improved main drag.

Stouffville`s main thoroughfare is being widened to four lanes and improved in stages between Hwy. 48 and Ninth Line. Construction started last year and the entire project should be completed by 2010.

http://www.yorkregion.com/News/Whitchurch-...e/article/72752
 
Increase in serviced lots bumps up number of new homes

Low mortgage rates and more available serviced lots kept this region`s home builders busy last month.

A higher number of brand new homes were started in March across Waterloo Region, according to Canada Mortgage and Housing Corporation statistics released yesterday.

Builders poured 101 foundations for single detached homes, up significantly from the 63 single detached homes started in the same month last year.

http://news.therecord.com/Business/article/334270
 
Ontario`s greenbelt a model for the world

The loss of prime agricultural land near cities due to urban sprawl is bemoaned the world over as a modern blight.

But a solution may be at hand, for which Toronto should be recognized as a world leader: greenbelts, or farmland and environmentally sensitive land that has been officially made off limits to developers.

A study being released today says the zone of protected land around Toronto is not only one of the largest greenbelts in the world, but is also superior to ones in North America and Europe.

http://www.theglobeandmail.com/servlet/sto...ory/Environment
 
Copper capers

Provincial utility Hydro One Inc. has been hit with a record-breaking 58 incidents of copper theft so far this year, a sign that sky-high prices for base metals are thwarting efforts to crack down on the crime.

Copper wiring and other metals are crucial to the operation of distribution and transmission networks, making electric utilities such as Hydro One magnets to thieves.

The lure became ever greater this week after copper prices hit a record $4 (U.S.) a pound on the New York Commodities Exchange – a five-fold increase over 2001 prices. In London, copper eased to $8,630 a tonne yesterday after closing at $8,755 on Wednesday.

http://www.thestar.com/Business/article/413468
 
New rules attract U.S. lenders

American payday lenders are eyeing the Canadian market as provinces move closer to establishing clear regulations on small-sum, short-term consumer loans.

"You are going to see explosive growth of the industry," said Uriah King, policy associate with the Center for Responsible Lending, based in Durham, N.C.

Growth has already begun trickling up from below the border, where up to 30,000 payday stores follow rules and rate caps that vary from state to state.

http://www.thestar.com/News/GTA/article/413511
 
Hydro options under review as transfer cutoff looms

News that Mississauga is prepared to sell off its hydro utility has shone a spotlight on the fact that municipalities across the GTA are sitting on similar assets worth hundreds of millions of dollars.

But they`ve chosen very different roads in the brave and uncertain new world of electricity distribution, after Ontario Hydro was broken up seven years ago.

Some communities chose to get out quickly. Brampton sold its utility to Hydro One for $265 million early in the game, investing the proceeds in an endowment fund and community assets like the Rose Theatre. Mississauga is headed the same way, preferring cash to the headache of running a utility that has little control over distribution rates set by the province.

http://www.thestar.com/News/GTA/article/413523
 
Property tax jump proves system needs overhaul: councillors

Ottawa - Higher-than-expected residential tax increases due to provincial restrictions is another example of why the property tax system needs to be scrapped, city councillors say.

In a report to the economic affairs committee to be voted on next week, municipal officials say because the province has capped tax increases on businesses and multi-residential properties, rural residents will see a 6.2-per-cent increase on their tax bills. Urbanites will see 5.2-per-cent increases.

http://www.canada.com/ottawacitizen/news/c...a0-59a85038d20f
 
Consider Oakville, Ford asks workers

Hundreds of laid-off Ford workers in Windsor are being asked to consider moving to Oakville to become assemblers on a new third shift that might start this summer.

If they agree, up to 500 employees of Ford of Canada`s Windsor operations could be eligible to leave the city to take up jobs in the Toronto-area suburb on July 21, the company confirmed Thursday.

http://www.canada.com/windsorstar/news/sto...eb-fd6618310c3b
 
There goes the neighbourhood

Indian Road resident Paul Laliberte, says it has taken only a few years for his once vibrant neighbourhood to become an "empty shell."

Laliberte says homes owned by the Ambassador Bridge on the tree-lined street are being boarded up and left to deteriorate, creating an increasingly desolate neighbourhood.

http://www.canada.com/windsorstar/news/sto...72-b49bb770b6f4
 
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