A new report from CIBC and Urbanation released on Thursday reveals that the majority of condo investors in the GTA are losing money every month as the market faces the most "significant test" since the 1991 recession.  Although the low-rise market appears to be in relatively good shape, the same cannot be said about the GTA condo market, which, according to the report, is in "recessionary territory with conditions deteriorating to levels not seen in decades."  What's made the situation even worse is the role of investors in the presale market, which have made up to 70 per ..read more

Love Park has been one of Toronto's most anticipated and unique new green spaces, boasting a charming heart-shaped pond outlined with red mosaic-tiled seating at its focal point. The two-acre park at Queens Quay West and York Street has been a very welcome aesthetic upgrade from the old Gardiner off-ramp that used to occupy the site, but in the 13 months since it first opened to the public, its signature water feature has already had its fair share of issues. The pool initially turned an off-putting green colour just weeks after its debut, which was due to a mino ..read more

There is pain all around you in Ontario — you just have to piss off the wrong critter, and you'll be in for a world of hurt. Sure, we aren't Australia, where something potentially fatal lurks around every corner, but Ontario wildlife can still pack quite the punch: a great example being the robber fly family. A diverse group of species in the Asilidae family, these flying killing machines are also known as assassin flies for their method of predation.  Robber flies are a cosmopolitan family with over 7,500 distinct species distributed around the globe, including right here in Ontari ..read more

A new study has narrowed down the best companies to work for in the country across various industries, according to the people who are actually employed there. For the 2024 Best Workplaces lists, the workplace culture experts at Great Place to Work surveyed more than 88,000 people across nine industries ranging from healthcare and government to retail and hospitality. The firm established a "trust index" by asking staffers questions about how proud they are to work where they do, whether they want to stay with their employer for a long time, whether they feel like they mak ..read more

It's been just over a month since the TTC replaced its 510 streetcars on Spadina Avenue with buses to accommodate track renewal and overhead electrical system upgrades, which effectively tripled travel times on the busy route and resulted in an onslaught of complaints online.  In response to the heavy congestion, city council has approved the addition of a temporary bus-only lane to a section of Spadina Avenue starting next week in hopes of mitigating the brutal gridlock.  On June 23, the TTC began upgrading the overhead power network along the Spadina streetcar right-of-way be ..read more

It is decidedly an exceptionally bad time to try and sell or build condos in the GTA, as purchases of the housing type have fallen to record lows, dropping in June to 70 per cent below the 20-year average. With such little activity, some ongoing projects are going into receivership as pre-construction sales struggle to cover building costs. Others are being completely put on hold until the market improves — progressively more of them, too. People finally understood that paying 1 million dollars in a two-bedroom box to live tight and without space is a crazy thing. — A Disney já Flopou h ..read more

Resistance to Doug Ford's controversial Ontario Place redevelopment scheme has come in many forms, from traditional demonstrations to the world's longest blackboard. But a guy in a bubble is certainly the most unusual form of protest on the topic to date. A bizarre scene unfolded at the fountain next to the Ontario Superior Court of Justice on Thursday, when engineer, U of T professor, and inventor Steve Mann walked on water from inside of a clear plastic sphere. Mann performed the stung in protest over the loss of access to Lake Ontario via the redevelopment of Ontario Place. View this po ..read more

Thousands of Canadians have been left unpaid on payday after a "technical issue" caused a massive outage at Scotiabank. Downdetector.com, a site that tracks online outages, received over 5,000 reports of disruptions from the financial institution's users on Friday morning. In a statement posted to X, Scotiabank said it's experiencing a technical issue that has prevented inbound payments like direct deposits and cheque deposits from being applied to people's accounts. "We are actively working to resolve this as soon as possible and apologize for any inconvenience," it reads. We are currently ..read more

Iconic filmmaker M. Night Shyamalan is back with one of the most highly-anticipated movies of the summer — and judging by the trailer, it looks like we're in for a wild ride! Hitting theatres Friday, August 2, TRAP centres around Cooper (Josh Hartnett), an average middle-aged Dad accompanying his daughter (Ariel Donoghue) to a huge sold-out concert that's giving serious Taylor Swift Eras Tour vibes. What starts out as a fun night soon takes a sinister turn when Cooper learns the police have surrounded the venue in hopes of catching a notorious serial killer, known as the Butcher, who they bel ..read more

If you're eager to make the most out of the summer season — while minimizing damage to your wallet — you'll be pleased to hear that there are actually dozens of areas in Ontario where you can go camping for free.  Camping is allowed for free on most Crown lands (also known as public land) in the province, with the exception of provincial parks and conservation reserves.  Anyone camping for private, non-commercial purposes can stay in a camping unit on Crown land for up to 21 days on any one site in a calendar year. After 21 days, campers must move at least 100 metres from ..read more