What is CBRE? The short form stands for Caldwell Banker Richard Ellis, an American commercial real estate and investment firm.Among its findings – 1) TORONTO tech occupations have grown 54% from 2013 to 2018, with about 230,000 jobs in the field . . . . 2) average income has grown from 2013 by 10% to $81,828 . . . . . 3) the number of tech degrees in computer science, math, statistics and tech engineering, has gone up by 42% in TORONTO between 2012 and 2017.OTTAWA came in second place for tech talent, with Vancouver, Waterloo Region, and Montreal trailing behind.
APPLE fans are speculating that a much-larger Eaton Centre Apple outlet will be at street level, occupying space recently vacated by Abercrombie & Fitch. It would more than double the size of the current store.The other possibility is a plan to build near the corner of Yonge and Bloor adjacent to The One high-end condo building now under construction. It would be Apple’s first TORONTO store not In a mall. Which shall it be? And when?
On average two homeless people die every week in TORONTO. With winter already here, life on the streets and homelessness have become serious human issues. The Humanity-First Shelter-Bus is a repurposed coach optimized to provide a safe and comfortable place to sleep overnight. It’s a climate-controlled shelter on wheels that includes 44 seats to be converted into 20 beds, a kitchenette, lounge space and a secure storage facility. It provides warm socks, tooth brushes and other necessities. A Shelter-Bus #2 is on the horizon.For information on the Shelter-Bus project and how you can help, go to – https://shelterbus.ca/
For the second year in a row CANADA ranks #1 in the world for being a good place to live. Says who? US News’s top 20 surveyed ‘Countries With the Best Quality of Life’. Again we’re first on the list for job security, political stability, individual freedom, environmental quality, economic stability, family friendliness, income equality, safety, well-developed public education, and public health care. Sweden was #2, Denmark #3, Norway #4, United States #17, Singapore #18, Portugal #19 and China #20.As for TORONTO, tourism has been booming. In a report just released by Tourism Toronto and the Toronto Region Board of Trade, 27.5-million visitors generated $10.3-billion in economic activity in 2018. “This is a destination with visitors as diverse as the city itself,” said Scott Beck, president of Tourism Toronto. “The visitor economy is thriving.” Tourism accounted for 70,000 full-time jobs or about 4.6% of the city’s workforce in 2018.
<ABOVE – The York Quay Centre at Harbourfront, 1980’s to 1998. Totally different from the grown-up waterfront we see today. <Photo project – City of Toronto Archives & Sidewalk Labs>
F.Y.I. (FOR YOUR INFORMATION) – Pearson Internnational is Canada’s largest and most active airport. Nearly 50,000 people work there for over 400 companies. They serve nearly 50-million passengers annually.46% were born outside of Canada. 80% have post-graduate educations.78% rely solely on cars to get to work while 14% take transit. Average daily commute time to and from Pearson is 2 hours. 56% enjoy driving. 92% of the workforce has permanent positions. 80% agree that Pearson is a great place to work.The airport is named after former Liberal prime minister Lester B. Pearson.
Yesterday a friend sold his house for over $3-million, so it’s not entirely surprising that TORONTO now ranks near the top when it comes to selling over-valued real estate. According to UBS (Swiss Investment Banking Company) our city’s #2 ranking is on the Global Real Estate Bubble Index 2019. VANCOUVER is in 6th place.1. Munich
3. Hong Kong
10. San Francisco