ConcordiaSalus

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À propos de ConcordiaSalus

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  • Biography
    Enthousiaste d'urbanisme et d'architecture
  • Location
    Montreal
  • Intérêts
    Histoire, architecture... Montreal
  • Occupation
    banquier
  1. Tour des Canadiens 3 - 55 étages

    Yes. Thanks for that. Honnêtement, on se connaît assez bien entre nous Montréalais pour savoir qu'il faut respecter l'autre, faire attention aux différents points sensibles et ne pas pomper les situations plus qu'il le faut. Quelque part entre Mathieu Bock-Côté et les Andrew Coyne, il y a un juste milieu. Remember our city's motto. We can't go anywhere if we don't work together. I'm perfectly bilingual and honestly, when I see french getting sidelined, I usually step in to defend it. When I see anglos getting shoved, I'll stand with them. We should all have this attitude rather than staying there à nous gratter le bobo. I'm not sure this was official publicity. Probably a re-seller somewhere catering to a very specific clientele (surprise !). In any case, an effort should have been for French. Lesson learned. Let's move on.
  2. According to economic theory, growth can be stimulated by either of the 3: Increasing population (i.e. more babies or .immigration) Increasing capital (i.e. foreign investment) Increasing productivity (we produce more with less, i.e. new technologies) Toronto has been banking massively on point #1 and getting #2 as a side-benefit. Much of their immigration has been coming from south asia (i.e. India, Pakistan, Bengladesh) and immigrants are usually educated and they speak english meaning that they are good to go from day #1. Here, we opted for people from ex-french colonies and 1) they realized they couldn't find good work without knowing english (!) 2) the whole muslim theme was also a super sensitive matter in Quebec which means there was a backlash against more immigration. Montreal took off during the days were it was the landing point for immigration from Europe so there's no arguing that this method works. At the time of European immgration (European jews & italians especially), everyone was freaking out because there was no work for them. Everyone did very well in the end. The main issue is the way in which the rest of Quebec "perceive" the immigration happening in Montreal (mostly negatively). It carries an outsized political weight. I'm always amazed how the REQ has such an outsized political power on a place they don't necessarily know very well or even visit very often. In any case, in the absence of population growth, we are left to rely on foreign investment (looks very moderate to me) and on the development of new technologies for our own use (AI would be the lead contender for that). We shouldn't be expecting miracles. We are doing well given the circumstances. I attribute this mainly to our four universities pumping out trained minds and our overall resilience and grit.
  3. Bubble bust in Toronto ?

    http://business.financialpost.com/real-estate/why-trudeaus-fight-to-cool-toronto-housing-is-an-uphill-battle Toronto’s housing market is ‘puzzling’ the experts — and that’s worrying A CMHC study commissioned by Ottawa finds 75% of Vancouver's price gains are tied to fundamentals, versus 40% in Toronto, suggesting the Ontario city is an isolated trouble spot Justin Trudeau’s Liberal government has been under pressure to rein in runaway home prices, but a study by the national housing agency suggests the prime minister will struggle to exert control over the real estate market in Canada’s largest city. Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40 per cent surge in Toronto home prices between 2010 and 2016, according to a Canada Mortgage & Housing Corp. study obtained by Bloomberg through a freedom of information request. Supply constraints, and to a lesser extent speculation and investment, accounted for most of the rest of the gains, although a lack of high-quality data about the availability of land made firm conclusions hard to draw. The report details the “puzzling” dynamics of the Toronto market and suggests factors other than demand are driving prices higher, leaving Trudeau few options to ease the affordability crisis. It may also mean more needs to be done to promote supply and curb speculation, issues more readily dealt with at the municipal level. Toronto’s housing market is seeing a massive decline in prices — or is it? Want an investment with a 10% return or a $600K salary? Surprise, property in Vancouver still your best bet Toronto has more housing than you think — and that could be a problem “While price increases in Vancouver have largely been supported by economic fundamentals, a more puzzling result points to the state of the Toronto market, where fundamentals haven’t been as strong,” CMHC analysts said in the 134-page study prepared for Families Minister Jean-Yves Duclos. Duclos commissioned the review in June 2016 and has sought further updates for a final version expected soon that will help shape a new national housing strategy, his spokesman Mathieu Filion said by email. “This is an important report as Minister Duclos has said on many occasions that we are missing important data on housing and all good policies need to be developed with valid data,” Filion said. Trudeau, who has repeatedly pointed to an affordability crisis in Toronto and Vancouver, gave Duclos marching orders to look into how to fix the problem. The minister’s role will include “undertaking a review of escalating home prices in high-priced housing markets and considering all policy tools that could keep home ownership within reach for more Canadians,” according to Duclos’ mandate letter from the prime minister. The report backs up Bank of Canada Governor Stephen Poloz’s view that interest rates aren’t the best tool for dealing with potential housing bubbles. CMHC found about three-quarters of Vancouver’s price gains were tied to fundamentals, versus 40 per cent in Toronto, suggesting the latter city is an isolated trouble spot, another argument against using monetary policy, which has widespread effects, to bring prices down. Wealth and income inequality are likely important drivers for the large price moves in higher-priced detached homes, the report said, because industries that cluster in big cities and offer high-paying jobs can feed the prices for the more expensive properties. The supply side also offered important clues. The stock of housing in Toronto and Vancouver was much less responsive, or what economists call elastic, to rising prices, the report said. “Supply challenges including land supply and zoning regulation emerge as factors that contribute particularly to high priced markets.” There are also few signs that builders are in a genuine struggle to keep pace with rising demand, which would typically lead to a surge in provincial construction wage rates. UNCOMFORTABLE CHOICES Another possible driver of rising single-family home prices may be that geographical constraints have driven up land prices, encouraging builders to switch development to higher-density options such as condominiums. CMHC cautioned against making firm conclusions in some of these areas because of a lack of reliable data around trends such as foreign ownership. Most of the report’s conclusions and recommendations were redacted under provisions in the access to information law that exempts advice to ministers. However, the end result is that governments are left with uncomfortable choices, the agency found. The early draft sent to Duclos in December was released for an academic peer review that’s still underway, CMHC spokesman Jonathan Rotondo said by phone. The Ottawa-based agency insured $496 billion of residential loans as of June 30. Toronto home prices are already declining by the most since 2000 after the provincial government introduced a foreign buyer tax in April. Benchmark prices are down 8 per cent since May. Even with that slide, they’ve doubled since 2009. The International Monetary Fund and UBS Group AG, among others, have warned about the risks posed by Toronto’s overvalued real estate market and the dangers of speculation. “No one simple measure emerges as an obvious candidate for addressing the challenges posed by high-priced markets,” CMHC said in the report. Bloomberg.com
  4. Nouveau centre de recherche pour Montreal

    J'ai écouté une super bonne entrevu a radio-can ce matin au sujet de cet annonce. Le défi sera exactement ça, la main d'oeuvre spécialisé. Il va falloir attirer la main d'oeuvre ici et rapidement pour éviter de nous faire détrôner par d'autres villes. Je suis pour la protection du français mais dans des secteurs ultra stratégiques comme l'AI on devrais être capable d'embaucher de la main d'oeuvre qualifié de partout dans le monde.
  5. A Luxury Building Boom Hits Montreal

    Andrew Coyne is a prick and he got schooled in the comment's section of his article on Bombardier. He was essentially saying to kill all of the aerospace..... Sure, and the US should stop bothering with NASA, never mind that the economic fallout from the IP generated there is worth way more than what it costs the US government.
  6. Bad Blood - Série télé sur la chute de Vito Rizzuto

    Fair enough. Mais là ça fait 20 ans depuis Omerta. On serait mûre pour un update. Le folklore Montréalais s'est grandement enrichi depuis ces années.... Le grand-père Rizzuto qui met des liasses de billets dans ses bas, M. Trottoire qui demande à la commissaire, le plus sérieusement du monde "La mafia? c'est quoi la mafia?", le maire Applebaum qui se faisait payer avec des liasses bourrées dans des coffrets DVD de la série 24h et j'en passe.
  7. Bad Blood - Série télé sur la chute de Vito Rizzuto

    I know. It's like an Ontarian's fantasy of what Montreal is. I cringed a lot watching it. The accents are wrong, the dialogues are bad, the story is watered down.... Problem here is that it's Rogers in Toronto who was willing to put the money for this. Here in Quebec, French media would NEVER pay for a series that actually happens bilingually and that would fail to employ the usual clique of Quebecois actors. It's honestly a shame that people from outside Montreal are the ones taking interest in this city's history and are the ones making whatever they want about it. The series got all the advertisement in Toronto where it was being sold as the story of a "Canadian mobster" and actors were going on promotional events saying "it's a 100% Canadian story" yet never set foot in Montreal (funny how when commission charbonneau was happening it was a "Quebec" thing to the rest of Canada but now that it's a TV series, it's "Canadian"). I reeeeeaaaaally dig the idea of having Villeneuve re-do this series proper..... For Netflix. Now that would be awesome.
  8. Bad Blood - Série télé sur la chute de Vito Rizzuto

    https://www.citytv.com/toronto/shows/bad-blood/?video=5590830320001 The series tackles corruption in the building industry. Check out minute 12:30. It was filmed at the site of TOM condo and by the dialogue that takes place, it sort of helps explain why the project dragged for so long
  9. A Luxury Building Boom Hits Montreal

    Good find! thanks!
  10. Une série financée par Rogers Media sur le crime organisé à Montréal. Bad Blood raconte la montée et la chute de Vito Rizzuto comme chef de la mafia sicilienne à Montréal. Alain Desrochers produit la série mais il s'agit essentiellement d'une production Torontoise, filmée à Montréal et Sudbury exclusivement en anglais et dont la promotion se fait principalement dans le Canada anglais. La série de six épisodes débute sur CityTV le 21 septembre à 20hrs. "Bad Blood is a story of family, loyalty, deceit, power, greed and ultimately revenge. Montreal Mafia boss Vito Rizzuto is a criminal anomaly – the only man to bring peace among the disparate wings of the Montreal crime world who would serve as a de facto CEO while ensuring a lucrative payday for all. When Rizzuto is suddenly arrested and extradited to Colorado’s Supermax Prison for the 1981 murders of three Bonanno crime family members, the powerful empire he built begins to crumble. Rizzuto watches helplessly as his family and friends are killed one by one. Upon his release from prison in October 2012, a Shakespearean-level revenge tale unfolds, leading to the brutal murders of his closest companions, and ultimately, to the death of Rizzuto himself." https://www.rogersmedia.com/shows/bad-blood/ Globe and Mail, "Montreal mafia series Bad Blood is bloody good" https://beta.theglobeandmail.com/arts/television/john-doyle-montreal-mafia-series-bad-blood-is-bloody-good/article36311360/?ref=http://www.theglobeandmail.com& JdM, "Montréal, cité du vice" http://www.journaldemontreal.com/2017/09/20/montreal-cite-du-vice
  11. Amazon looking for a location to have a 2nd HQ

    À lire absolument pour avoir l'heure juste bien que les ville canadiennes soient simplement ignorées..... Your City Will Lose the Contest for Amazon’s New HQ No town truly fulfills the company’s demanding wish list. https://www.google.ca/amp/amp.slate.com/articles/business/metropolis/2017/09/your_city_will_lose_the_contest_for_amazon_s_new_hq.html
  12. Amazon looking for a location to have a 2nd HQ

    Toronto vs Montreal on this.... it just made me cringe. Could be the definitive renaissance of Montreal or the ultimate humiliation. Amazon à déjà une bonne connaissance de Montréal. Est-ce que ça va peser dans la balance? http://nationalpost.com/news/canada/amazon-chooses-montreal-for-its-canadian-data-centre-operations-due-to-cheaper-hydro-costs-than-ontario Agree. I personally have a lot of mixed feelings with Amazon.
  13. Amazon looking for a location to have a 2nd HQ

    October 19th...... This kind of proposal takes months to prepare. Either we're on the last stretch of finalizing the proposal or we're not bidding at all..... Who would be taking care of this at the city level? And btw, it IS open to Canada: "We want to encourage states/provinces and communities to think creatively for viable real estate options"
  14. 975 Lucien-L'Allier - 50 étages

    Just got back from business in Vancouver. The view from Stanley park of the city skyline is truly impressive however things quickly go to hell when you take an actual stroll on the streets where all the glass condos are. Some parts feel like ghost towns with no interaction at the street level. It's a beautiful city but that can't help to feel soulless or generic in many areas. I was glad to be back in Montreal with our old school street/facade interactions that actually have a logic to them (narrow shops on the first floor, clinics/dance schools etc on the second floor, apartments on the higher ones) and which maximize the liveliness at street level.
  15. Expos coming back?!?

    I share the same feeling. I used to really like reading The Gazette and was one of it's strong supporters for a long time but I'm not really sure they've evolved to where they should have. They keep catering to an aging and shrinking minority of bitter anglos rather than get on with life and embrace the bilingual nature of most younger anglos in Montreal..... they should really modernize their vision and approach.