Montrealâs parking rates are both exaggerated and punitive. As parking spaces continue to be sacrificed to make way for the single lane streets, bike paths, parks and walking paths â the prices keep moving up. Some 4280 parking spots were removed from 2018 â 2020 for cyclist routes aline since the Plante administration came into power according to executive committee member Eric Alan Caldwell reported. 208 of them generating income for the city. 4072 did not. In Montreal 11,522 street parking spaces are free while 19528 are paid parking spaces
According to the Reseau dâEtalonnage municipal du Canada (REMC) Montreal earned $6,981 per paid parking space in 2019. Thatâs almost double Torontoâs average revenues of $3,543 per paid parking space according to the Toronto Parking Authorityâs Operating Budget notes. The Canadian median is $1,563. There are also the tickets. Confusing signage being one of the main culprits.
Councillor Matlow and Deputy Mayor and Councillor Michael Thompson brought forward a motion (Item No.MM24.36) that had a number of directions regarding supporting Black-owned and operated businesses and preservation of the cultural heritage of Eglinton Avenue West’s Little Jamaica neighbourhood including:
Directing the General Manager, Economic Development and Culture to:
Explore measures to provide financial relief to Black-owned businesses
Collaborate with Business Improvement Associations and key community stakeholders to rebrand the area to reflect the Jamaican-Caribbean history and culture
Develop a plan with Business Improvement Associations and key community stakeholders to bring back and develop new culturally-focused events and initiatives
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The City of Toronto recently acquired the property at 229 Richmond St. West for $100 million. And while the space is occupied by a parking lot at the moment (and served as a giant patio this past summer), current plans designate that the property is set to become a public park.
The years-old news of new green space slated for the downtown core has been welcomed by many who say the city is in desperate need of more room for individuals to get outside, and particularly more space that isn t dedicated to vehicles, but now it seems the Toronto Parking Authority wants to put a three-level 144-space parking garage underneath it.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The Flowr Corporation Announces the Closing of the Strategic Acquisition of Terrace Global
The Flowr CorporationDecember 24, 2020 GMT
Highlights:
The Company has closed its strategic acquisition of Terrace Global, creating an entity with a strong balance sheet and global footprint.
The Board of Directors and shareholder base now includes former founders of MedReleaf Corp., ICC Labs Inc. and Bedrocan Canada Inc.
Simultaneously, through liability management, the Company is expected to achieve meaningful debt reduction and amendments to the Company’s senior credit facility before the end of 2020.
Published Wednesday, December 16, 2020 10:33AM EST Last Updated Wednesday, December 16, 2020 11:37AM EST Toronto will receive $1.2 billion in additional funding to help offset the costs it has incurred due to the COVID-19 pandemic, money that Mayor John Tory says will help eliminate the deficit for 2020 and provide a “good start” in addressing a shortfall that could reach $1.5 billion in 2021. The funding represents the second phase of financial assistance that is being doled out from a $19 billion federal fund to help provinces and territories restart their economies. In total, the Ontario government will provide municipalities with nearly $2 billion from this phase of funding, including $1.3 billion that will be set aside to cover losses incurred by municipal transit systems.