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  1. http://www.retail-insider.com/#retail-insider-intro https://www.facebook.com/RetailInsider https://twitter.com/RetailInsider_ RETAIL INSIDER The leader in showcasing Canadian retail news, opinions and analysis.
  2. Théâtre Saint-James. Avant The Canadian Bank of Commerce vas être rénoné en Théâtre. Je n'ai pas plus d'info. . Yvon L'Aîné
  3. McGill takes 12th spot in global ranking ELIZABETH CHURCH From Thursday's Globe and Mail November 8, 2007 at 5:05 AM EST An international ranking of universities has put Montreal's McGill University in 12th spot, the highest rank to be reached by a Canadian institution. The annual rating, done by London-based Times Higher-QS World University Rankings, moved McGill up from its 21st placement last year. Ten other Canadian universities made the top 200 list, with the University of British Columbia finishing in the 33rd spot and the University of Toronto in the 45th. "This is such a source of pride for us. It shows that McGill is moving in the right direction," principal Heather Munroe-Blum said. The placement means McGill is now the top-ranked public university in North America, she said. It also demonstrates that the practice of concentrating resources on areas of excellence such as neuroscience, developmental biology and law is showing results, she added. "We have chosen our spots very carefully in areas where we can be leaders in the world." The rating, which was to be released this morning in London, comes at an important time for McGill as it looks to tap its network of alumni for a major fundraising campaign and is striving to increase its profile. Harvard University once again was placed at the top of the international ranking, which was conducted by an independent firm, sold off by the owners of the Times of London in 2005. Oxford, Cambridge and Yale all shared second place. The survey considers a number of factors in its rankings and gathers input from more than 5,000 academics around the world.
  4. From an airliners.net thread* https://skift.com/wp-content/uploads/2016/07/UnderservedUncovered-Report.pdf *Interesting to see Delhi-Vancouver as the only Canadian route listed. Where's YUL-BEY?
  5. Montreal’s cash-strapped universities have a wealth of notable and famous alumni who got their start at one of our local universities before leaving their mark on this province and beyond. Across the fields of business, science, politics and the arts, there are countless examples of notable alumni who earned a degree at a Montreal university before making it big. The list from Université de Montréal reads like a veritable Who’s Who of Quebec leaders, while McGill University has an embarrassment of riches, with bragging rights to the longest list of notables across all fields and by far the most prestigious prize winners. Here are some examples of those famous alumni (with apologies to the many accomplished graduates we didn’t have space to include). We have also included Nobel Prize winners and the number of Rhodes Scholars to round out the list of distinguished alumni. Montreal universities have bragging rights to many famous alumni | Montreal Gazette
  6. https://blog.cogecopeer1.com/why-montreal-is-fast-emerging-as-canadas-cloud-hub?utm_campaign=FY16%20Inbound%20GLOBAL%20Mar%20Colocation%20Digital&utm_content=32715745&utm_medium=social&utm_source=linkedin
  7. https://www.theguardian.com/cities/2016/jul/04/new-toronto-most-fascinatingly-boring-city-guardian-canada-week Cities Guardian Canada week Welcome to the new Toronto: the most fascinatingly boring city in the world From the endless scandals of Rob Ford to the endless hits of Drake, Stephen Marche reveals the secret of his hometown’s transformation into the 21st century’s great post-industrial city Toronto’s multicultural waterparks show the true radical potential of the city. Photograph: Alamy Cities is supported by Rockefeller Foundation Stephen Marche in Toronto Monday 4 July 2016 10.43 BST Last modified on Tuesday 5 July 2016 00.04 BST The definitive moment of the “new Toronto” took place, somewhat inevitably, in New York. On the TV variety show Saturday Night Live in May, Toronto’s hip-hop icon Drake played a gameshow contestant named Jared – a cheerful goof with dreadlocks and a red check shirt with a slight Caribbean lilt. The skit, called Black Jeopardy, was a take on the long-running game show Jeopardy, using a series of African American cliches: uncles who wear long suits to church, the cost of hair weaves, the popularity of Tyler Perry movies, and so on. In this matrix of stereotype, however, Jared didn’t quite fit. To the answer: “This comedian was crazy in the 80s with his Raw and Delirious routines,” (clearly indicating the question: “Who is Eddie Murphy?”) Jared instead asked, to the perplexity of all: “Who is Rick Moranis?” When they also didn’t know hockey legend Jaromir Jagr, Jared was stunned: “The man won the Art Ross trophy four years in a row, fam.” Jared is black, but not a kind of black that the host or the other contestants recognised. “I’m from Toronto,” he explained. “Wait, you’re a black Canadian?” the host asked. “Obviously, dog.” The miscomprehension built from there to a confrontation in which Jared angrily demanded: “Why do I have to be your definition of black?” Was the host’s confusion understandable? To Americans, and outsiders in general, the new Toronto and its people can seem disconcertingly familiar and strange at the same time. It’s a city in mid-puberty, growing so rapidly, changing so suddenly, that often it doesn’t quite know how it feels about itself. *** Last year, the increasing population of Toronto passed the declining population of Chicago. Comparisons come naturally. What Chicago was to the 20th century, Toronto will be to the 21st. Chicago was the great city of industry; Toronto will be the great city of post-industry. Chicago is grit, top-quality butchers, glorious modernist buildings and government blight; Toronto is clean jobs and artisanal ice-creameries, identical condos, excellent public schools and free healthcare for all. Chicago is a decaying factory where Americans used to make stuff. Toronto is a new bank where the tellers can speak two dozen languages. You feel a natural ease in time when you touch down from another city; you don’t have to strain for hope here. The future matters infinitely more than the past. Toronto is now grown-up enough to be rife with contradictions Toronto’s growth has been extravagant. If you approach from the water, almost every building you see will have been constructed in the past two decades. The city has been booming for so long and so consistently that few can remember what Toronto was like when it wasn’t booming. There were 13 skyscrapers in 2005; there are now close to 50, with 130 more under construction. The greater Toronto area is expected to swell by 2.6 million people to 7.5 million over the next decade and a half. A line has been crossed. Toronto is now grown-up enough to be rife with contradictions – and its contradictions are making it interesting. It is, for example, by far the safest city in North America – an extraordinarily law-abiding place by any measure. It also produced Rob Ford, the world’s most famous crack-smoking mayor, a man whose criminality did little to affect his popularity. Other contradictions reveal themselves only on closer examination. Toronto’s dullness is what makes it exciting – a tricky point to grasp. Toronto’s lack of ambition is why the financial collapse of 2008 never happened here. The strong regulations of its banks preventing their over-leverage meant they were insulated from the worst of global shocks. In London and New York, the worst stereotype of a banker is somebody who enjoys cocaine, Claret and vast megalomaniac schemes. In Toronto, a banker handles teachers’ pension portfolios and spends weekends at the cottage. Mist rises from Lake Ontario in front of the Toronto skyline during extreme cold weather. The population of the greater Toronto area is expected to reach 7.45 million by 2031 – and approaching from the water almost every building you see was built in the past two decades. Photograph: Mark Blinch/AP The worship of safety and security applies across all fields and industries. A reliable person is infinitely more valued than a brilliant one. The “steady hand” is the Toronto ideal, and Toronto’s steadiness is why people flock here – and all the people flocking here are making it exciting. That’s why Toronto is the most fascinating totally boring city in the world. The fundamental contradiction of the new Toronto, however, is that it has come into its own by becoming a city of others. In the Canadian context, Toronto is no longer first among equals in a series of cities strung along the railroad between the Atlantic and Pacific. It has become the national metropolis, the city plugged into the global matrix. At the same time, Toronto is 51% foreign-born, with people from over 230 countries, making it by many assessments, the most diverse city in the world. But diversity is not what sets Toronto apart; the near-unanimous celebration of diversity does. Toronto may be the last city in the world that unabashedly desires difference. Toronto may be the last city in the world that unabashedly desires difference This openness is unfortunately unique. In a world in which Australia runs “You will not make Australia home” advertisements, Donald Trump is the presidential nominee of a major American political party, and a British MP was killed by a man shouting “Britain first”, Canada has largely escaped this rising loathing for others. A 2012 study, by the chair of Canadian studies at Berkeley, found that “compared to the citizens of other developed immigrant-receiving countries, Canadians are by far the most open to and optimistic about immigration.” The lack of political xenophobia (which must be distinguished from the various crises of integration) has emerged for reasons that are peculiar to the Canadian experience, and not because we’re somehow better people. Toronto’s success in 2016 began in the national near-catastrophe of 1995. The 1995 referendum on Quebec independence brought the country within a photo finish of not existing anymore. In an infamous drunken ramble of a concession speech, the then premier of Quebec, Jacques Parizeau, blamed the loss on “money and the ethnic vote”. I was 19 when he said that, and I knew even then that for the rest of my life, Canada’s future would be built on money and immigrants. I wasn’t wrong. Most Canadian business headquarters had already taken the five-hour drive west. After 95, the rest followed. Montreal decided to become a French-Canadian city. Toronto decided to become a global city. The gaze into the abyss separated English-speaking Canadians from the rest of the Anglosphere. The most important finding from the Berkeley study was that “in Canada, those who expressed more patriotism were also more likely to support immigration and multiculturalism. In the United States this correlation went in the opposite direction.” That’s the key difference between Toronto’s relationship to immigration and the rest of the world. Canada can only survive as a cosmopolitan entity. Blood and soil rip it apart rather than bind it together. With the US border to the south and three brutal oceans on the other sides, Canada is protected, as few places are, from uncontrolled immigration. There are no desperate huddled masses, yearning to breathe free here. Instead we cull the cream of the world and call it compassion. Syrian refugees are greeted by Canada’s Prime Minister Justin Trudeau on their arrival from Beirut at the Toronto Pearson International Airport. Syrian refugees are greeted by Canada’s prime minister Justin Trudeau. Photograph: Mark Blinch/Reuters To take the case of the Syrians, the federal government took 25,000 refugees since the Trudeau government came to power last year, which sounds impressive when you compare it to the 2,800 that the US has allowed. It isn’t when you consider the specifics of the case. There are already plenty of Muslim families in Toronto and they are as boring as any other Canadians. In my own existence, the people of Muslim heritage I have known have served some of the following roles: they were my father’s business partners; they have prepared my taxes and my will; they gossiped constantly in the cubicle beside mine at a legal publishing house where I used to work until I had to buy noise-cancellation headphones; they gave me tips on how to pass my special fields examination while I was doing my PhD; they looked after my children at the local daycare centre. So when I heard that 25,000 Syrians were coming, I did not imagine 25,000 poor angry men. I imagined 25,000 accountants and dentists. Which is exactly who has come. Toronto’s multiculturalism no doubt has its crises, and those crises are accelerating. When the province of Ontario (of which Toronto is the capital) announced a new sex education curriculum that included open discussions on homosexuality, recently arrived socially conservative Muslim and Chinese-Canadian Christian parents pulled their children from public school in protest. The premier, Kathleen Wynne, responded with a statement that basically amounted to: “Tough.” The Canadian Charter of Rights and Freedoms, passed in 1982 – the same document that established multiculturalism as national policy – is very clear that discrimination on the basis of sexual orientation is un-Canadian. There is a strain of granite in Toronto’s much-vaunted tolerance. More serious are the issues around race and policing, which have consumed the city for the past two years. The carding scandal, in which the police were revealed to be racially profiling the black community, exposed profound problems with our police force, which is in dire need of reform. The crowd watches the speakers at the Black Lives Matter rally at Toronto Police Headquarters at 40 College in Toronto. The crowd watches the speakers at the Black Lives Matter rally at Toronto police HQ. Photograph: Steve Russell/Toronto Star via Getty Images This is a story that has been playing out in American cities as well. But Black Lives Matter here has been distinctly Torontonian. Activists protested outside the police headquarters for 14 days, received a meeting with the mayor and the premier, and then disbanded peacefully. There was no hint of a riot, nor even of bad behaviour. Toronto’s activists sought redress for poor government in an entirely orderly fashion, and their demands, which were utterly reasonable, belonged to the best traditions of polite Canadian politics. The activists were pursuing, just like Canada’s motto, “peace, order and good government.” *** On any given morning on the Sheppard subway line in the north of the city, you can sit down in perfect peace and order, although you will find little evidence of good government. As the latest addition to Toronto’s fraying infrastructure, the Sheppard subway is largely untroubled by urban bustle. The stations possess the discreet majesty of abandoned cathedrals, designed for vastly more people than currently use them, like ruins that have never been inhabited. Meanwhile, in the overcrowded downtown lines, passengers are stacked up the stairs. The streetcars along a single main street, Spadina, carry more people on a daily basis than the whole of the Sheppard line, whose expenses run to roughly $10 a passenger, according to one estimate. A critic has suggested that sending cabs for everybody would be cheaper. Canadexit: how to escape the clutches of Donald Trump and Nigel Farage This ludicrous state of affairs – money wasted in one corner of the city while it’s desperately needed elsewhere – is the typical result of Toronto City Hall’s idea of consensus. The council is a pack of hicks and rubes, a visionless amalgam of small-c conservatives and vaguely union-hall lefties, all of them living resolutely in the past. Both sides want to stop what’s happening in the city. The lefties want to slow gentrification, and the conservatives think we’ve all been taxed enough. Of course, when most people think of hicks and rubes in Toronto City Hall, they think of Rob Ford, who died of cancer earlier this year. But Giorgio Mammoliti, councillor for Ward Seven, has proposed a floating casino, a red-light district on the Toronto Islands, and an 11pm curfew for children under 14. He has blamed a few of his erratic comments on a brain fistula he had removed in 2013, but nobody has since been able to tell the difference in his behaviour. Add another contradiction to Toronto’s growing list: it must be the best-run city in the world run by idiots. The current mayor, John Tory, is not an idiot, although he is hardly a figure of the “new Toronto”. He represents, more than any other conceivable human being, the antique white anglo-saxon protestant (Wasp) elite of Toronto, his father being one of the most important lawyers in the city’s history. The old Wasps had their virtues, it has to be said – it wasn’t all inedible cucumber sandwiches and not crying at funerals. Toronto Mayor Rob Ford responds the media at City Hall in Toronto, October 31, 2013. Rob Ford served as mayor of Toronto from 2010 to 2014. Photograph: Mark Blinch/Reuters After the Rob Ford years, the attractions of a “steady hand” have been stronger than ever. Last week, Tory finally took the step of acknowledging that Toronto needs new revenue-generating streams, which took immense political courage even though it is obvious to everyone. Then, almost immediately, he proposed a “net-zero” budget with no new revenue streams – the steady thing to do, the gutless thing to do, the traditionally Toronto thing to do. The cost of having narrow-minded representatives in power is to limit the city. The catastrophic state of transit has had a host of unintended consequences; the explosion of downtown construction is due largely to the fact that commuting from the suburbs has become more or less unendurable. The poor infrastructure is symptomatic of larger problems. Because somewhere deep in its heart Toronto has not planned for growth – because Toronto hasn’t expected to be a real grown-up city – it keeps making the same mistakes. Toronto’s place in the world is not fixed. That is what is so exciting about the city Billions of dollars are being used to build more subways in suburban Scarborough where ridership will carry, at one stop, an astonishingly low 7,300 people at peak hours. Just last week, it was announced that another C$1.3bn will be spent on the project. It is very easy to blame the political class for this small-minded nonsense, but in their lack of ambition they represent a truth of the city. It is the most diverse city in the world and one of the richest, but it is unclear what its money and its diversity amount to. There is no Toronto sound. There is no Toronto flavour. There is no Toronto scene. There is no Toronto style. Rather there are sounds and flavours and scenes and styles borrowed from elsewhere. At the corner of Spadina and Bloor Street, there is a small series of panels commemorating the activists who prevented the Spadina Expressway – a megahighway into the urban core – from being built in the 1970s. Those activists weren’t wrong. That proposed highway would have destroyed some decent neighbourhoods. But only Toronto would commemorate not building something. It’s proud of what it hasn’t done. *** Go to the waterparks in this city on any hot summer day and you see the true potential of Toronto. The meaning of multiculturalism in Toronto is not theoretical; it is not found in the Charter of Rights and Freedoms or in the decisions of the refugee board. The meaning of multiculturalism is found in the waterparks, among the slides and fountains, and lazy rivers and wave pools: a collection of various people of various shades speaking various languages, lounging in the shade, drinking overpriced rum drinks, eating greasy food, staring at each other’s naked and tattooed flesh, and shouting at their kids to stop splashing. History in Toronto does not bend toward justice. It bends towards the hot tub. There is something radical about these people leading their quiet lives out together, without much fuss. Are they one people? Does it matter if they aren’t? It is a city whose meaning is not found in shared history but in the shared desire to escape history. It is a light city, a city floating up and away from the old stories, the ancient struggles. Craic addicts and Hogtown heroes: Canada's urban tribes explained Again Chicago makes a good comparison. In Chicago, they once changed the course of the river – one of history’s greatest feats of will and engineering. In Toronto, for a hundred years, the authorities let the construction companies just dump their landfill into Lake Ontario, until it turned into a pile of rubble so large that it attracted deer and coyotes and warblers in migration. So, reluctantly, they turned it into a rather gorgeous little park, the Leslie Street Spit. Chicago has dreams, dreams that mostly fail but sometimes triumph. Toronto keeps any dreams it might have to itself, stumbling into much more reliable happiness. Toronto’s place in the world is not fixed. That is what is so exciting about it. The question that Toronto faces, the question that its various crises and contradictions pose, is whether the city will rise into a glorious future of a mingled and complicated humanity, an avatar of a singular cosmopolitanism, or whether it will shrink back and be swallowed by the provincial miasma that inveigles it. This is a real question – the city could legitimately go either way. How much longer can Toronto endure its terminal lightness? How much longer can a city so interesting insist on being so boring? Guardian Cities is devoting a week to exploring all things Canada. Get involved on Twitter and Facebook and share your thoughts with #GuardianCanada Sent from my SM-T330NU using Tapatalk
  8. (Courtesy of CBC) Read more by clicking the link. It would be something to see, but would it actually happen?
  9. Canada ranks 2nd among 10 countries for cost competitiveness, says KPMG THE CANADIAN PRESS 03.29.2016 TORONTO - Accounting giant KPMG says Canada has proven to be second most competitive market in a comparison test of 10 leading industrial countries. In its report, KPMG says Canada lags only behind Mexico when it comes to how little businesses have to pay for labour, facilities, transportation and taxes. The report, which compared the competitiveness of a number of western countries along with Australia and Japan, found that a high U.S. dollar has helped Canada stay affordable despite rising office real estate costs and lower federal tax credits. When it comes to corporate income taxes, it found that Canada, the U.K. and the Netherlands had the lowest rates overall due to tax incentives to support high-tech and research and development. KPMG also looked at the competitiveness of more than 100 cities worldwide. It ranked Fredericton, N.B., as the most cost-effective city in Canada due to low labour costs and continued low costs for property leases. Montreal topped the list among 34 major cities in North America, followed by Toronto and Vancouver. The three Canadian cities beat out all U.S. cities. Although there have been concerns over the impact of a weakening loonie on the economy, having a low Canadian dollar has actually been "a driver in improving Canada's competitiveness and overall cost advantage," KPMG said. As a result, that has made it more attractive for businesses to set up shop north of the border than in the U.S., it said. http://www.montrealgazette.com/business/canada+ranks+among+countries+cost+competitiveness+says+kpmg/11817781/story.html
  10. http://www.cnn.com/2016/03/10/travel/justin-trudeau-canada-having-a-moment-feat/ It's been years since the U.S. has looked so lovingly upon its neighbor to the north, Canada. Sure, there were Expo 67 and the 1976 Olympics, when Montreal was the center of the world. Sure, Bob and Doug McKenzie invited us to the "Great White North" in 1980 and had a big hit with their song "Take Off." But recently, the country some wags have called "America's Hat" has been more in the news than ever, thanks to its handsome prime minister and our less-than-handsome election campaign. Described by Vogue as "dashing" and "strikingly young and wavy-haired," Prime Minister Justin Trudeau is reviving the Trudeaumania inspired by his father's entry into politics. Frolicking with pandas and a knack for selfies have only deepened the younger Trudeau's appeal. As the new prime minister launches into his country's first official visit and state dinner in 19 years, here are some reasons why Canada is always in season -- even when it's underneath several feet of snow: A warm welcome Canadian radio DJ Rob Calabrese created the "Cape Breton If Trump Wins" site in late February as a joke. But a few weeks and more than 800,000 clicks later, he says that thousands of his U.S. neighbors are seriously considering a move to Canada if Donald Trump becomes president. Serene Canadian island courts Trump refugees It's actually much harder to immigrate to Canada than simply fleeing north in your packed Prius, but Trudeau has put out the welcome mat. "Cape Breton is lovely all times of the year," Trudeau said. "And if people do want to make choices that perhaps suit their lifestyles better, Canada is always welcoming." Creative exports While Canada has long provided Hollywood with a diverse collection of talent, there's a wide array to admire right now. Rachel McAdams was recently nominated for an Academy Award for her role in best-picture winner "Spotlight," Ryan Reynolds has gained a new following with "Deadpool," and Drake's "Hotline Bling" made a big splash in 2015. Ellen Page, Seth Rogan and television and movie star Michael J. Fox, whose foundation may help unlock the clues to a cure for Parkinson's disease, are also bringing Canada to Hollywood. And we always enjoy the work of that mighty fine Ryan Gosling. Gosling is always having a moment. The redheaded orphan who put Prince Edward Island on the map for young readers may be fictional, but the "Anne of Green Gables" series by Lucy Maude Montgomery has lured generations of tourists to the picturesque island. The author's birthplace is a museum, and the Green Gables Heritage Place features a house like the one Anne occupied. And yes, there are Anne tours. Natural beauty and cultural preservation Americans have the Colorado Rockies and the 59 parks of the National Park Service. But Canadians have incredible, wild protected nature as well. Ask a Canadian, and they'll tell you (politely) that they prefer the Canadian Rockies. We recommend starting with Banff National Park, Canada's oldest national park. For travelers looking for a bit of Old World charm, there's the lovely city of Montreal, where many residents don't mind if your French is terrible. Are you trying? That counts for something. Stay longer and learn how to speak the North American version of French, all the while reading all official government publications and commercial product labeling in both English and French. Bon voyage/enjoy your trip!
  11. http://www.nytimes.com/interactive/2015/11/19/travel/what-to-do-in-36-hours-in-montreal.html 36 Hours in Montreal Whether you want to embrace the season on rinks, trails or runs, or dodge the cold and head to the spa, this vibrant city has it all. Winter is right around the corner, and when the going gets cold — like zero-degrees-Fahrenheit cold — Montrealers get resourceful. Some dodge Canadian winter amid the heated vapors of the city’s Nordic spas or the warming drinks of cozy bars. Others embrace it by skiing and skating in public parks, cheering the hometown Canadiens hockey team and ingesting hearty meals in the new wave of forestlike and lodge-inspired restaurants. And still others flamboyantly celebrate the frozen season, reveling at Igloofest (an outdoor electronic-music extravaganza), Montréal en Lumière (a food and entertainment festival) and sugar shacks (forest canteens that sprout during maple-syrup season) amid near-Arctic conditions. Whether you are more interested in creative cocooning or winter worship, Quebec’s biggest city offers manifold amusements for the province’s defining season. Outerwear recommended. Friday 1. *Ready, Set, Snow, 5 p.m. Skate, ski or sled into winter at Parc du Mont-Royal. (The mountain it partly occupies is said to have provided Montreal’s name.) The sprawling hilltop park is the center of activities involving snow and ice. From December to March, Le Pavillon du Lac aux Castors rents skates (9 Canadian dollars, or $7 at 1.30 Canadian to the U.S. dollar, for two hours), cross-country skis (12 dollars and up for one hour) and inner tubes (5 to 9 dollars, depending on age, for the day) for the nearby outdoor rinks, trails and runs, some affording lovely city views. 2. *Enchanted Forest, 8 p.m. Reheat in the stylish confines of the new SouBois restaurant and nightclub. The underground space suggests a magical woodlands where avant-garde sculptural trees hover over a dining room of plank floors, shingled walls, raw-wood tables and Scandinavian-style chairs. The chef, Guillaume Daly, conjures magic too, metamorphosing rustic Canadian ingredients into innovative treats. The poutine is a gorgeously gloppy stack of greasy thick fries — piled like logs in a fire, and drenched with velvety warm Cheddar sauce, pungent mushrooms and an unctuous block of foie gras — while veal steak gets a funky crunch from spiced popcorn. For dessert, revisit campfire memories courtesy of deconstructed s’mores, replete with cubed marshmallows, jagged chocolate fragments and crumbled cookies. A three-course dinner for two costs about 110 dollars. Make reservations. 3. Canadian Libations, 10 p.m. The staggering whisky menu at the Burgundy Lion, a lively British-style pub with dark wood surfaces and frosted glass, offers further means to warm up. The more exotic specimens hail from Taiwan, Sweden, France and Switzerland, while Canadian representatives include Wiser’s Red Letter (12 dollars), a mellow elixir with a hint of toasted nut. Down the street, candlelit La Drinkerie Ste. Cunégonde offers several Canadian beers as chasers, including Les Trois Lettres IPA (5.50 dollars), a fragrant, floral brew with hints of clove and nutmeg. Saturday 4. Earth and Sky, 9 a.m. Still chilly? Eternal summer awaits inside the humid tropical forest of the Biodôme, a glass-roofed nature preserve containing multiple ecosystems. You might glimpse iguanas, frogs, bats, snakes, sloths and other exotic creatures as you wend your way among the dense vegetation, streams and stone caverns. The trail then takes you into forest, mountains, Atlantic gulf and subarctic islands (complete with penguins). Next door, the two-year-old Rio Tinto Alcan Planetarium is a postmodern silvery structure shaped like two telescopes pointed at the sky. Within, two domed theaters-in-the-round take you on immersive sensory journeys across the cosmos with shows like “Dark Universe,” about dark matter and energy, and “Aurorae,” about the Northern Lights. Admission to both facilities costs 33.50 dollars. Check the website (espacepourlavie.ca) for the film schedule. 5. *Shack Snack, Noon If you can’t get to a real sugar shack, the “Sugar Shack” sampler (11.95 dollars) at Eggspectation — a vast all-day breakfast and brunch hall on fashionable Rue Laurier Ouest — is a copious, calorie-rich substitute. Typical sugar shack fare, the dish heaps on fluffy scrambled eggs, sliced ham, baked beans, fried potato slices and unfilled sweet crepes along with ample maple syrup. The restaurant’s formidable menu also encompasses everything from lobster macaroni and cheese (18.95 dollars) to around 10 types of eggs Benedict. 6. **Buy Canadian, 1:30 p.m. You’ve probably grown a size since that meal. Conveniently, the boutiques along Rue Laurier Ouest brim with Canadian-made garments to accommodate your expanded frame. Chic insulation abounds at La Canadienne, where ladies can score weather-treated knee-high suede boots (450 dollars), a long quilted silvery jacket with a fur-lined hood (1,125 dollars) and much besides. Cool, straightforward, solid-colored garments to wear underneath can be found in the eponymous boutique of the veteran Montreal designer François Beauregard, including stretchy jersey T-shirts in autumnal colors (50 dollars) and dark blue 1940s-style trench coat dresses (189 dollars). Strut the ensemble to Juliette & Chocolat, a cafe serving some 20 types of hot chocolate, complete with tasting notes (6.75 to 8.50 dollars, generally). 7. **Chromatherapy, 3 p.m. With its colorful collections of art and antiquities, the Musée des Beaux Arts de Montreal illuminates even the grayest Montreal days, notably in the ground-floor galleries of 19th- and 20th-century painting. Mediterranean sun, sea and palms radiate from Matisse’s “Seated Woman, Back Turned to the Open Window,” a 1922 canvas set in the French Riviera city of Nice. Almost adjacent, the disassembled, fractured and explicitly naked couple in Picasso’s erotic “Embrace” (1971) generates a different kind of heat. A kaleidoscopic array of iconic furniture and housewares fills the multilevel design pavilion, from burgundy Arne Jacobsen “Egg” chairs to candy-colored Ettore Sottsass bookshelves to space-age 1970s red televisions from the Victor Company of Japan. A sleek yellow Ski-Doo snowmobile from 1961 begs to be borrowed for a joy ride. Admission: 20 and 12 dollars, depending on exhibition. 8. **North Stars, 7 p.m. Canadian pride suffuses the friendly, lively new Manitoba restaurant. Animal furs and raw logs decorate the industrial concrete room, and indigenous ingredients from the Great White North fill the chalkboard menus. Among starters, the plump baseball-size dumpling spills out shredded, succulent pork tongue and flank into a tangy broth floating with crunchy daikon for a Canadian-Chinese mash-up. For mains, thick deer steak gets a zesty drench of red wine sauce infused with Labrador tea and crunch from root vegetables like candied carrot and smoked onion. Maple syrup-smoked bone marrow is topped with berries, onion and Japanese mushrooms for a sublime hunter-gatherer hybrid. A three-course meal for two is about 100 dollars. 9. *Liquor Laboratory, 10 p.m. Tucked across from Parc La Fontaine (a favorite ice-skating spot), Lab is a dimly lighted speakeasy of brick and dark wood where the mad mixologist Fabien Maillard and fellow “labtenders” ceaselessly research new cures for your sobriety. Who else could invent the Jerky Lab Jack (14 dollars), a concoction of Jack Daniels whisky, Curaçao, cane sugar and bitters flavored with barbecue sauce? It’s a gulp of the American south, flamed with a blowtorch and delivered under a miniature clothesline hung with beef jerky. Continuing toward the Equator, Caribbean flavors infuse the dozens of specialty rums (from Cuba, Jamaica, Trinidad, Grenada and beyond) and cocktails like Bébé Dragon, a blast of Barbados rum, house-made ginger syrup, lemon juice, lemon-lime soda, mango and basil (14 dollars). Reserve spots online. Sunday 10. Vintage Voyage, 10 a.m. Finally: a place stocking those stag heads, Lego figurines, cowboy paintings, flapper hats, snow shoes, lace doilies and neon signs you’ve had trouble finding. Near the last stop of the Metro’s blue line, Marché aux Puces Saint Michel is a vintage shopper’s Shangri-La. The sprawling, dusty, musty two-level labyrinth-like flea market holds hundreds of stalls selling the contents of seemingly every Canadian attic and basement. Kiosk 216 has an impeccable collection of vinyl LPs from the “Valley of the Dolls” soundtrack to Serge Gainsbourg’s “Grandes Chansons de Gainsbourg,” while Artiques (kiosk 219; 514-898-2536) sells well-maintained pinball machines, jukeboxes, pipe organs and radios. For gents needing winterwear, La Garette d’Anna (kiosk 358; facebook.com/LaGaretteDAnna) sports an extensive collection of bomber jackets, capes, police caps and pith helmets. Haggle. 11. Ship Shape, 1 p.m. Norway, Sweden and Finland have mastered the art of stylishly dealing with cold weather, and Montreal has paid homage to these experts with numerous Nordic-themed spas around town. The most innovative is Bota Bota, a former ferryboat that was remade in sleek contemporary style and reopened as a wellness facility in the winter of 2010. Spread over five decks, the indoor-outdoor spa offers many massages and facial treatments, but the core experience is the “water circuit” (35 to 70 dollars depending on day and time). Sweat out the weekend’s toxins in a Finnish sauna or hammam; plunge into one of the cold pools; and finally chill out in one of the relaxation areas or the restaurant. The 678 portholes and numerous wall-size glass panels afford superb views of the city skyline, though the best vantage point is the external heated whirlpool bath. There might be no warmer spot amid wintry Montreal. Lodging With 131 suites, downtown’s Hotel Le Crystal (1100, rue de la Montagne, 514-861-5550) offers anti-winter pampering perks like an indoor saltwater pool and an outdoor year-round rooftop hot tub, both with city views. Some executive suites and penthouses have operational fireplaces. Double rooms from 199 Canadian dollars. Situated in the hip Plateau neighborhood, the 21-room Auberge de la Fontaine (1301, rue Rachel Est, 514-597-0166) lies across the street from leafy Parc La Fontaine — home to an outdoor skating rink — and down the street from Lab cocktail bar. Certain rooms have whirlpool baths. Doubles from 122 Canadian dollars.
  12. Ce projet va renaitre de ses cendres (en partie), via un autre promoteur Simon Property Group, Calloway REIT, and SmartCentres Announce Second Premium Outlet Center® in Canada to Serve Montreal Area INDIANAPOLIS, May 21, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, Calloway Real Estate Investment Trust ("Calloway") (TSX: CWT-UN) and SmartCentres announced plans to develop their second Premium Outlet Center® in Canada. The center will be located in the Town of Mirabel, Quebec, approximately 20 miles north of Montreal. The project, called Montreal Premium Outlets®, is a joint venture between Simon, Calloway and SmartCentres. Simon will own 50% of the project. The Mirabel site is located on Highway 15 at Notre Dame Street. Phase 1 will be comprised of 350,000 square feet of gross leasable area and 80 stores. Construction is expected to begin in 2013. The first Simon and Calloway project, Toronto Premium Outlets, located in the Town of Halton Hills, is currently under construction and on schedule for a summer 2013 opening. "Due to the strong response to our first announced project in the Toronto area, we are excited to now bring the Premium Outlets branded concept of upscale outlet shopping to the Montreal area," remarked John R. Klein, President of Simon's Premium Outlets platform. "We are pleased to quickly expand our presence in Canada and our partnership with Calloway and SmartCentres to develop another first-class project." "Opening a new Premium Outlet Center in the Montreal area will help fulfill the merchant demand for growth in Canada while providing economic benefits in and around Mirabel," said Al Mawani, CEO of Calloway. "With more than four million residents in the area, we look forward to bringing a high-quality outlet shopping experience to the region." "We're pleased to be partnering with Simon Property Group, the world leader in the shopping and outlet center business. We are excited about bringing many new international designer brands to the Canadian consumer at affordable prices," said Mitchell Goldhar, CEO of SmartCentres. "I am delighted with this decision to develop a portion of the Lac Mirabel lands and welcome Premium Outlets to our city," said Hubert Meilleur, Mayor of the City of Mirabel. "They can count on the City's full cooperation in seeing this new project through to its successful completion. Being the first in Quebec to have a Premium Outlets concept is something for us to be very proud of." Simon Property Group's outlet portfolio comprises 70 Premium Outlet Centers® including 57 in the United States, one in Puerto Rico, eight in Japan, two in Korea and one in Malaysia and Mexico. Premium Outlet Centers in the United States are located primarily in or near major metropolitan markets such as New York, Los Angeles, Boston and Chicago and visitor markets such as Orlando, Las Vegas and Palm Springs. Premium Outlets properties are distinguished by their unparalleled mix of leading designers and name brands selling direct to consumers at significant savings with each being an architecturally distinct village setting with charm and ambiance. About Simon Property Group Simon Property Group, Inc. (NYSE: SPG) is an S&P 100 company and the largest real estate company in the world. The Company currently owns or has an interest in 337 retail real estate properties in North America and Asia comprising 244 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S. For more information, visit the Simon Property Group website at http://www.simon.com. About Calloway Calloway is one of Canada's largest real estate investment trusts with an enterprise value of approximately $6 billion. It owns and manages approximately 26 million square feet in 118 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers. For more information on Calloway, visit http://www.callowayreit.com. About SmartCentres A privately held Canadian company, SmartCentres has developed more than 200 shopping centres in communities big and small, and operates in every province. SmartCentres is committed to bringing value to Canadian communities through the efficiencies of unenclosed shopping centre formats each adapted to the market in which it is located. For more information on SmartCentres, visit http://www.smartcentres.com. http://phx.corporate-ir.net/phoenix.zhtml?c=113968&p=irol-newsArticle&ID=1698130&highlight= SOURCE Simon Property Group, Inc.
  13. http://www.cyqm.ca/en/home/aboutus/news/kfaerospaceannouncesnewdomesticandinternationalcar.aspx Too bad YUL (prob due to curfew) and YMX couldn't get this business. Does anyone know how the Cargo Market in YMX and YUL are doing? Anything besides just local services?
  14. via le site de Microsoft : Press Release MICROSOFT CLOUD TO TOUCH DOWN IN CANADA Locally deployed Azure, Office 365 and Dynamics CRM Online will help power Canadian business Toronto, June 2, 2015 – Microsoft today announced plans to deliver commercial cloud services from Canada. Azure, Office 365 and Dynamics CRM Online will be delivered from Toronto and Quebec City in 2016, further strengthening Microsoft’s footprint in Canada’s competitive cloud landscape. “Soon, the Microsoft Cloud will be truly Canadian,” said Kevin Turner, Worldwide Chief Operating Officer, Microsoft, who travelled to Toronto to make the announcement. “This substantial investment in a Canadian cloud demonstrates how committed we are to bringing even more opportunity to Canadian businesses and government organizations, helping them fully realize the cost savings and flexibility of the cloud,” said Turner. According to IDC, total public cloud spend in Canada is projected to grow to $2.5B by next year. The fastest growth will be from Public cloud infrastructure with a strong 45 per cent increase by 2016. These new locally deployed services will address data residency considerations for Microsoft customers and partners of all shapes and sizes who are embracing cloud computing to transform their businesses, better manage variable workloads and deliver new digital services and experiences to customers and employees. General availability of Azure is anticipated in early 2016, followed by Office 365 and Dynamics CRM Online later in 2016. Janet Kennedy, President of Microsoft Canada, says delivering cloud services from data centres on Canadian soil opens up significant new cloud-based possibilities for organizations who must adhere to strict data storage compliance codes. “We’re very proud to be delivering the Microsoft Cloud right here in Canada, for the benefit of Canadian innovators, entrepreneurs, governments and small businesses. Delivering the flexibility of hyper-scale, enterprise grade, locally deployed public cloud services is the ultimate Canadian hat trick.” Canadian Customers Already Using Cloud Today Canadian customers of all sizes are already in the Microsoft Cloud. Even today, Microsoft delivers cloud-based email, Office 365, and CRM Online to more than 80,000 Canadian businesses. Companies like Air Canada, Quebecor and Hatch are saving money while empowering their employees to collaborate, be more productive and mobile with Office 365, Yammer, and Skype for Business. “Information systems and technology continue to be a differentiator for Hatch as it helps us to gain advantages in the marketplace – our use of Microsoft cloud is an integral part of this success. We are now able to focus on our business while benefiting from all the innovation Microsoft offers with a Service Level Agreement we can count on.” Christopher Taylor, Global Director, Hatch. Diply.com is a great example of an Ontario-based start-up leveraging Microsoft Azure, the company’s cloud-based infrastructure. The company delivers 850M page views per month on Microsoft Azure and owns no servers. Diply.com is able to rent servers from Microsoft by the hour based simply on the demand they receive. “We only pay for what we use,” said Gary Manning, CTO and co-founder at Diply.com. “We estimate our cost per 1,000 users is only $0.07! We’d never be able to build that back-end infrastructure ourselves.” Governments in Canada Welcome the Microsoft Cloud Ontario’s Deputy Premier and President of Treasury Board, Deb Matthews, applauded Microsoft’s commitment to enabling Ontario businesses to compete globally. “This commitment by Microsoft will further enhance the ability of Ontario’s innovative business sector to thrive and compete with the best in the world,” said Matthews. “To date more than 3,200 Canadian startups have benefited from joining the free BizSpark program, many of which are based in Ontario. By bringing the power of the cloud to Canada and providing free access through BizSpark, our entrepreneurs can truly compete with the best in the world.” John Tory, Mayor of Toronto, praised the announcement as a significant boost to Toronto’s digital infrastructure. “Together with Microsoft, we’re bringing Toronto into the 21st Century,” said Mayor John Tory. “Toronto is home to a skilled and talented work force that is ready to bring ideas to life. The City is committed to investing in state-of-the-art infrastructure that’s needed to attract good jobs and fuel innovation.” Tory noted that it’s estimated that more than 14,000 jobs in Toronto are connected to cloud computing. To learn more about Microsoft’s cloud touching down in Canada visit reimagine.microsoft.ca Additional Quotes “Microsoft gives us the high-performance infrastructure we need to handle major fluctuations in traffic and demand for a majority of our media websites,” said Richard Roy, Vice President of IT and Chief Technology Officer, Quebecor. “We only pay for what we use, eliminating the need for costly up-front investment in hardware. Microsoft has completely transformed the way we build new IT environments – what used to take days or weeks can now be done in a matter of minutes. Our move to Microsoft’s cloud with has enabled us to innovate rapidly in response to changing forces in our industry.” “We decided to move to the cloud with the Office 365 suite because of the globalization of CDPQ’s investment activities and our need for simplified collaboration among our teams around the world”, said Pierre Miron, CDPQ’s Executive Vice-President, Operations and Information Technologies. “CDPQ also welcomes Microsoft’s decision to establish two data centers in Canada, one in Quebec City and the other in Toronto,” added Miron. “The City of Regina partnered with Microsoft Canada in 2013 to become one of Canada’s first public sector organizations to embrace Office365,” said Chris Fisher, Director of IT, City of Regina. “That strategic decision, which raised eyebrows amongst our peers, continues to pay dividends as the product matures. It is helping the City find cost-effective ways for employees to efficiently communicate with each other and the public.” “As proud Canadians and creators of the world’s first 100% cloud-based digital asset management system, we’re eagerly awaiting the new Canadian data centres coming online next year,” said David MacLaren, President & CEO of MediaValet. “Since launching the first version of MediaValet in late 2010, we’ve had opportunities to work with healthcare, government and higher education organizations in Canada, but been hampered by their rigorous data compliance needs. Microsoft’s investment in a Canadian cloud will open up doors to significant sectors of the Canadian market and help us grow our market share on home soil.” About Microsoft Established in 1985, Microsoft Canada Inc. is the Canadian subsidiary of Microsoft Corporation (Nasdaq "MSFT") the worldwide leader in software, services and solutions that help people and businesses realize their full potential. Microsoft Canada provides nationwide sales, marketing, consulting and local support services in both French and English. Headquartered in Mississauga, Microsoft Canada has nine regional offices across the country dedicated to empowering people through great software - any time, any place and on any device. For more information on Microsoft Canada, please visit www.microsoft.ca. For further information, please contact: Natasha Beynon Veritas Communications beynon@veritasinc.com 416.640.4660
  15. http://business.financialpost.com/2011/10/14/rbc-trades-bay-street-for-bay-view/ They are going to have a nice new place.
  16. Andrew Duffy, Ottawa Citizen, Ottawa Citizen 03.17.2015 Ottawa’s share of new immigrants continues to decline as newcomers increasingly opt for the economic opportunities of Western Canada or the cultural diversity of Montreal. A Statistics Canada study released Wednesday reveals that the percentage of immigrants who cited Ottawa as their intended destination has dropped to 2.4 per cent in 2012 from 3.4 per cent in 2000. It means that the actual number of immigrants settling in Ottawa has gone down even as Canada welcomed more newcomers. Annual immigration to Canada rose to 280,700 in 2012 from 227,500 in 2000. “The recession hit Ontario pretty hard and it’s normal that immigrants don’t want to go to someplace where economic conditions are not as good,” said Gilles Grenier, a University of Ottawa economics professor who specializes in labour market and immigration issues. The Statistics Canada research paper, Changes in the Regional Distribution of New Immigrants to Canada, examines the country’s evolving settlement pattern. It shows that new immigrants have started to look beyond Toronto and Vancouver to destinations such as Calgary, Edmonton, Winnipeg and Saskatchewan, where — at least until the recent crash in oil prices — economies have been booming. Montreal, already a major destination, has also seen its share of newcomers increase substantially to 18.1 per cent in 2012. Meanwhile, Toronto, which attracted almost half (48.4 per cent) of all new immigrants in 2000, saw its share of newcomers fall to 30 per cent in 2012. Still, that city remains the country’s biggest magnet for immigrants. StatsCan analysts suggested that the new settlement pattern reflects changes in regional economic activity and employment. “In short, labour market conditions were better in Western Canada than they were in the rest of the country,” the report concluded. That more newcomers were settling outside of Toronto and Vancouver was also a reflection of Canada’s revised immigration system. Provincial nominee programs (PNPs) allow provinces to select and nominate immigrants to meet their own economic goals and growth targets. “Over the 2000s, the PNPs considerably increased the number of immigrants going to destinations that previously received few immigrants,” the study found. The percentage of immigrants arriving in Canada as provincial nominees increased to 13 per cent in 2010 from one per cent in 2000. The program has been particularly successful at attracting immigrants to Manitoba, Saskatchewan, New Brunswick and Prince Edward Island. StatsCan analysts said the distribution of newcomers within Canada has also been affected by shifts in the country’s immigration sources. In the late 1990s, most of Canada’s immigrants came from China and India, and they tended to settle in Toronto and Vancouver. By 2010, however, the Philippines was the biggest source of Canadian immigrants, and they have settled in cities across the country, the report said. Montreal’s growth as a destination city was driven by increased immigration from Africa, South America, Central America and the Caribbean. Gilles Grenier said the study shows that Canada’s immigration system is maturing. “It’s a good thing that immigrants disperse in Canada,” he said. “Because Ontario, for many years, was the main destination for immigrants in Canada, especially Toronto, where almost half the population is foreign-born.” The recent drop in oil prices, however, could cause immigration patterns to shift again, Grenier warned, as immigrants chase new job opportunities. BY THE NUMBERS 48.4: Percentage of new immigrants who wanted to settle in Toronto in 2000 30: Percentage of new immigrants who wanted to settle in Toronto in 2012 5.5: Average unemployment rate in Toronto in 2000 9.2: Average unemployment rate in Toronto in 2010 21.3: Percentage of Canadian immigrants that came from China in 2000 12.8: Percentage of Canadian immigrants that came from China in 2010 14: Percentage of Canadian immigrants that arrived from the Philippines in 2010 Source: http://www.montrealgazette.com/News/ottawa/Ottawa+share+immigrants+decline+newcomers+look+Montreal/10902540/story.html
  17. Greece | Oil | Keystone XL | RRSPs | BoC | Apple | Target | Bombardier How the falling loonie and low rates could lure more foreign investors to Canadian housing Republish Reprint Garry Marr | February 26, 2015 | Last Updated: Feb 26 7:12 PM ET More from Garry Marr | @DustyWallet Twitter Google+ LinkedIn Email Typo? More Jason Payne/Postmedia News, file Jason Payne/Postmedia News, fileLennon Sweeting, a Toronto-based dealer with US Forex which trades in currencies, says the loonie is making housing more attractive to foreign buyers. Canada’s two priciest housing markets may not need the boost, but Toronto and Vancouver could be on the verge of a spike in foreign investment. Toronto's rental market reborn as housing prices surge out of reach for many ‘There’s a huge demand for rental… We are seeing for the first time in 40 years people are starting to build rental,’ says managing director of Timbercreek Asset Management With the loonie falling about 10% against the U.S. dollar in the last six months, foreigners who have their money parked in greenbacks or in currencies pegged to the American dollar are likely to ramp up their interest in the Canadian marketplace, say industry experts. Alberta, which is now facing a crunch of new listings and weak demand, is unlikely to see any benefit as investors run away from the province over oil price fears. “The reputation of the oilpatch here has been tarnished a bit,” says Dan Scarrow, the Shanghai-based managing director of Canadian Real Estate Investment Centre, which was set up just two months ago, and is run by Vancouver-based Macdonald Real Estate Group. He says the opposite is true in Vancouver and Toronto, where prices in January were up 7.5% and 6.1% respectively from a year ago, according to the Canadian Real Estate Association. “With the Chinese economy slowing down a bit and with the Canadian dollar depreciating 20% versus the RMB, it might change the calculus of some people of how much they want to leave in China and how much they want to bring to Canada.” To [foreign investors], the Canadian market has gone on sale Mr. Scarrow’s firm caused a stir last year with data it produced from its client base that showed 33.5% of all single-family homes sales in the Vancouver area could be traced to buyers from mainland China. Foreign buyers and their position in the marketplace have been a concern for some market watchers, who fear these investors are inflating housing prices. But there hasn’t been definitive data. Even the chief executive of Canada Mortgage and Housing Corp., Evan Siddall, conceded there were data gaps. The Crown corporation finally produced data two months ago on the condominium market that showed as much as 2.4% of Toronto highrises were in foreign hands and 2.3% in Vancouver, with some people still disputing those findings. Mr. Scarrow says in terms of Chinese investors they are divided between people still living overseas and people already living in Canada but with money still parked in RMBs. With Chinese New Year over, he expects investment to pick up. Related Foreign buyers taking over — this time it's Canadians in Florida IMF says housing in Canada overvalued by as much as 20% “Decisions have been held off until this week,” he says. “There is a lag for these things in terms of stats and what we see on the ground.” Brian Johnston, chief operating officer of Toronto-based Mattamy Homes, has never been a believer of the idea that foreign investment was a huge factor in Canadian housing, but he says when you get can a 10% to 20% currency swing it has to be positive. “To [foreign investors], the Canadian market has gone on sale,” said Mr. Johnston, noting his company also develops property in the United States it tries to sell to Canadians. “The reverse is true for them. The price of U.S. real estate just went up by 10%.” Lennon Sweeting, a Toront0-based dealer with US Forex which trades in currencies, says the loonie is making housing more attractive to foreign buyers. “The Bank of Canada has tried to offset lower prices with a weaker currency making investing in Canada more attractive,” said Mr. Sweeting, adding most high net worth investors are likely holding U.S. dollars right now. “Absolutely it makes it easier to buy [Canadian real estate]. If you’re holding U.S. dollars you are looking at buying at a discount and there’s plenty of supply.” Low interest rates have also boosted demand, even though foreign investors tend to have to put up larger down payments when borrowing to buy property. Shaun Hildebrand, senior vice-president at condo research firm Urbanation Inc., noted new condo sales in the Greater Toronto Area in 2014 rose over 50% from a year ago but it’s hard to pinpoint how much is attributable to foreign investors. “I wouldn’t be surprised at all to see more foreign investment in 2015,” said Mr. Hildebrand, adding surveys of Urbanation clients peg the foreign component of Toronto’s condo market at just under 5%. sent via Tapatalk
  18. Vote for Montreal to be the sole Canadian city on the board! Only 20 cities will be included. We are currently 18th!
  19. http://montrealgazette.com/news/local-news/montreals-economic-stagnation?__lsa=c702-331f Stagnation city: Exploring Montreal's economic decline Peter Hadekel PETER HADEKEL, SPECIAL TO MONTREAL GAZETTE More from Peter Hadekel, Special to Montreal Gazette Published on: January 31, 2015Last Updated: January 31, 2015 7:28 AM EST Prime St-Catherine St. real estate stands vacant in Montreal on Tuesday January 27, 2015. Prime St-Catherine St. real estate stands vacant in Montreal on Tuesday January 27, 2015. John Mahoney / Montreal Gazette The Montreal skyline is dotted with construction cranes as an unprecedented building boom continues to unfold in condo and office construction. On the surface, at least, signs of prosperity abound. But look a little deeper and you’ll see a city that’s slipping behind the rest of the country. Over the last decade, Montreal’s economy grew by an average of just 1.5 per cent — the lowest rate among Canada’s major cities. Personal disposable income is also the lowest among the country’s eight biggest cities, and unemployment is among the highest. The bad news doesn’t stop there. Montreal is living through a period of crumbling infrastructure, widespread corruption, failed governance, inadequate fiscal power, low private investment, an exodus of head offices and an outflow of people. Even the real estate activity that’s dominating private investment in Montreal these days is of some concern to economists. They point out that it’s largely speculative and does little to improve productivity, innovation or the knowledge base of the local economy. We’re starting to see the long-term cost of the city’s economic decline. What if Montreal had simply kept pace with the Canadian average over the last 25 years? A November report from the Institut du Québec, a research group started jointly by the Conference Board of Canada and the HEC Montreal business school, found that if the metropolitan area had grown at the Canadian average since 1987, per capita income would be $2,780 higher today and income for the province as a whole would be up even more. “Despite its strengths and obvious attractions, Montreal suffers from major economic shortcomings compared with Canada’s other large urban areas,” said the report. “It fails to adequately fill its role as driver for the provincial economy.” That role becomes more important in a global economy that relies on cities as engines of growth. We are witnessing intense competition between cities for capital, talent and ideas — a race that risks leaving Montreal behind. Montreal’s economic heyday At the dawn of the 1960s, the case could still be made that Montreal was Canada’s business capital, even though Toronto was gaining fast. A black-and-white snapshot of the city’s economy looked like this: Perched at the top was a thriving financial industry, driven by banks, insurance companies, stock exchanges and investment brokers. The city was home to the head offices of the Bank of Montreal and the Royal Bank of Canada, as well as insurance giant Sun Life. Both the Montreal Stock Exchange and the Canadian Stock Exchange served a large community of brokerage and investment firms. A big part of the picture was a broad network of head offices in Quebec’s natural resource industry. Ste-Catherine St. W. in 1963. Montreal was once the economic capital of Canada. Ste-Catherine St. W. in 1963. Montreal was once the economic capital of Canada. Photo courtesy City of Montreal Archives Farther down the chain were the factories that made Montreal hum: metal and machinery plants, appliance manufacturers and rail-equipment makers, food processors and cigarette plants. The so-called soft sectors of the manufacturing industry were thriving in the days just before Asian imports began. Montreal was Canada’s leader in clothing, textiles, leather and shoes, with the industry providing well over 100,000 jobs. The St-Lawrence Seaway opened up the shipping industry through the Port of Montreal while the city served as headquarters for both Canadian National and Canadian Pacific Railways. In 1962, when world-renowned architect William Zeckendorf completed the stylish Place Ville Marie office tower, it seemed to symbolize a new optimism for Montreal. What followed instead were decades of underperformance in which the city never fulfilled its promise. The head office operations of the Bank of Montreal and the Royal Bank gradually shifted to Toronto to take advantage of that city’s impressive growth as a financial centre. Political tensions over language and the issue of Quebec sovereignty hurt private investment and drove some of the wealthiest and best educated people out of the province. Sun Life left in a huff in 1978 after the Parti Québécois took power for the first time. The Canadian Stock Exchange closed its doors in 1974, while the Montreal Exchange lost increasing trading volumes to its Toronto rival before switching its vocation to financial derivatives. The fancy new airport built in Mirabel didn’t take off as promised, with Toronto becoming the hub for Canadian air travel. At the same time, the city’s aging industrial base felt the first effects of globalization as imports from Asia began to hurt the textile and clothing industry. The Montreal economy tried to reinvent itself and got a boost from free trade in the 1990s. Industries such as aerospace gained in importance thanks to the success of aircraft maker Bomabardier Inc. while investment also picked up in pharmaceuticals and information technology. But as the new millennium began, more negative trends had crept in: offshoring, outsourcing, contracting out. Companies had found new ways to cut costs by sending work to places like China, India and Mexico at a fraction of local wage rates. More industrial plants began to shut their doors. Gazette front page from January 7, 1978. Insurance giant Sun Life left the city for Toronto shortly after the Parti Québécois took power for the first time. Gazette front page from Jan. 7, 1978. Insurance giant Sun Life left the city for Toronto shortly after the Parti Québécois took power for the first time. Gazette file photo Failures along the way Economist Mario Lefebvre, president of the Institut de Développement Urbain du Québec, points to a number of failures along the way. Perhaps the biggest, he says, is Montreal’s inability to adapt its transportation network to the new realities of the global economy. The airport, the port, the rail network and the highway system need to work seamlessly together. “Goods and services are not produced in one place anymore, those days are gone,” he says. “Step one might be in Brazil, step two in Chicago, step three in Montreal and step four in China. To be a player in this kind of environment, goods and services must be able to come in and out of your city quickly. “We have all the means of transportation but the fluidity between them is still very complicated. There are too many decision-makers involved and we end up with projects that are not completed as rapidly as they should be.” The city’s aging industrial base remains vulnerable because it hasn’t closed the productivity gap with other jurisdictions. “We have educated people,” says Lefebvre, “but we haven’t surrounded them with state-of-the-art technology.” The private sector hasn’t done its part to renew the city’s industrial base with new machinery and equipment. And with a low rate of investment in research and development, innovation in Montreal has lagged behind the rest of the country according to measures such as the number of patents per capita. One of the biggest obstacles facing Montreal is its low rate of population growth. Among the country’s eight biggest cities, only Halifax had a lower rate of growth over the last 10 years. Montreal’s population grew at an annual average of one per cent, vs. 1.6 per cent for Toronto and nearly three per cent for Edmonton and Calgary. The low birthrate and the low rate of immigrant attraction explain part of the trend. But perhaps most serious, according to the Conference Board, is that on average more than 16,000 people a year leave the metro area for other parts of Quebec or other provinces and countries. Just holding on to that number of people each year would have added more than 450,000 to the population over the last 30 years. That would have meant more people working, paying taxes and spending money on housing, goods and services. It would have given a real boost to economic growth. So would have a stronger commitment from the provincial government to help Montreal. Lefebvre points out that the Quebec government has been pushing a Plan Nord strategy to develop natural resources in the northern regions, but what Quebec really needs is a Plan Sud that helps Montreal develop its knowledge-based economy. Closed stores on Ste-Catherine St. in Montreal Tuesday January 27, 2015. Closed stores on Ste-Catherine St. in Montreal this month. John Mahoney / Montreal Gazette The payoff would be so much bigger, he argues, not only for the city but also for the province. A dollar of additional economic activity in Montreal generates at least another dollar for the province in spinoffs and benefits. Montreal funds more than half the government’s spending, 53 per cent of provincial GDP and more than 80 per cent of all research and development. Along with a Plan Sud, the government should at last recognize that Montreal needs new tools to manage its economy, Lefebvre says, including new fiscal resources and powers to promote investment, integrate immigrants and train workers. The property tax base has reached the limit of its ability to fund those new services. While such legislation has been promised, it’s not yet clear how much real power will be conferred on Montreal. The federal government has a role to play, too, Lefebvre argues. “I think we wasted an incredible opportunity when the GST was reduced by two percentage points (in 2006). A GST point is worth about $7 billion. If we had given just one point to the cities for infrastructure, that would have meant an extra $50 billion to $60 billion for infrastructure over the last eight years.” Fighting the exodus The city has suffered other blows. One is the decline in the number of head offices that call Montreal home. Between 1999 and 2012 Montreal lost nearly 30 per cent of its head offices, according to an estimate by the Institut du Québec. Toronto suffered a five-per-cent loss as economic weight shifted to Western Canada, but the impact on Montreal was far more painful. “Head office jobs are important for the indirect impact they have,” said Jacques Ménard, president of BMO Financial Group in Quebec. Head offices support a range of activities like legal, financial, accounting and advertising services. They maintain high-quality, high-income jobs and provide the city with a measure of economic influence. Part of the solution is to create more such companies in Montreal in the first place, Ménard says. Quebec is suffering from a deficit in entrepreneurship and can’t expect to replace these corporate losses without growing new success stories. “If you look at a company like Stingray Digital, it didn’t even exist seven years ago. It’s now in 110 countries,” Ménard says about the Montreal-based provider of digital music services. “I’m on the board of directors and I have seen the company grow to where it now has 200 high-paying jobs in its headquarters.” Along with the head-office challenge, Montreal is looking to become a more international place to do business, taking advantage of its multilingual and multicultural assets and its potential position as a gateway to the Americas for European and Asian trade and investment. Construction continues around the Bell Centre in Montreal Tuesday January 27, 2015. Construction continues around the Bell Centre in Montreal Tuesday January 27, 2015. John Mahoney / Montreal Gazette European firms already have a significant presence here and now “there is a ton of money looking to leave Asia for investment diversification,” says Dominique Anglade, who heads the economic development agency Montreal International. Asian money represents a big potential opportunity for the city as it tries to sell itself internationally and attract both investors and professionals from abroad. People are eager to come here, she insists. “We had 300 openings on the last recruiting mission we did in Europe and for those openings there were 13,000 applicants. There’s a phenomenal attraction power, especially for workers who are educated.” Still, it’s not easy for companies and professionals to move here. Companies are often deterred by the weight of regulation and red tape in Quebec while professionals face barriers such as the recognition of their credentials or concerns about French-language requirements and schooling. When 50 top executives were interviewed last year by the Boston Consulting Group on the challenges facing Montreal, several said that the emphasis on French in the immigrant selection process restricts the pool of talent on which Montreal can draw. They argued it would be better to cast the net wider and invest more in French language promotion rather than in defensive measures. Digging ourselves out At Ménard’s request, the Boston Consulting Group looked at the experience of other cities that suffered economic difficulties and how they managed to turn around. The report focused on cities such as Pittsburgh and Philadelphia in the U.S., Manchester in Britain and Melbourne in Australia. All have made impressive comebacks, owing largely to two common factors: a high degree of citizen engagement and a focus on infrastructure projects that have made those cites better places in which to live and work. RELATED Two Montrealers helping breathe new life into city's economy It’s one reason Ménard launched his Je vois Montreal initiative last fall in an effort to get citizens rather than governments engaged in the process of building a better Montreal. “We’ve had so much of the top-down approach — ‘We know what’s good for you,’ ” he says. “Yes there is a role for governments, but communities really thrive when citizens take ownership of their future.” Je vois Montreal has launched more than 100 projects to get the city moving again. While they are not heavy on investment or job creation, they do herald a significant change in the mindset of many Montrealers who are simply fed up with the status quo sent via Tapatalk
  20. Selons U.S. News and World Report http://www.montrealgazette.com/travel/RitzCarlton+Montreal+tops+list+luxury+Canadian+hotels+second+time/10764461/story.html Ritz-Carlton in Montreal tops list of luxury Canadian hotels for second time The Canadian Press | 01.26.2015​ U.S. News and World Report has ranked Montreal's Ritz-Carlton for the second year in a row as the best hotel in Canada, citing its stylish decor and amenities including a greenhouse and a French restaurant from celebrity chef Daniel Boulud. Rosewood Hotel Georgia in Vancouver, which features an indoor saltwater pool and multiple dining options, was ranked No. 2, followed by the Trump International Hotel and Tower, 65 storeys high, in downtown Toronto. Properties in Vancouver, Toronto and Montreal took eight of the 10 spots in the American publication's 2015 list of top Canadian luxury hotels. Included in the ranking were Fairmont Pacific Rim and Loden Hotel, both in Vancouver; Four Seasons Hotel and Ritz-Carlton, both in Toronto; and Hotel Le St-James in Montreal. Outside the three big cities, Auberge Saint-Antoine in Quebec City and Sonora Resort on B.C.'s Sonora Island also made the cut. U.S. News and World Report said the 10 hotels "persistently wow travellers" with upscale amenities, top-notch service and "a sense of individuality." Visitor reviews and expert opinions were among factors used to compile the list, it said.
  21. https://www.onf.ca/film/helicopter_canada Il y a quelques belles vues de Montréal (29:10) Quelques captures:
  22. Bay Street still has Canada’s most expensive office space http://renx.ca/bay-street-still-canadas-expensive-office-space/ Bay Street in Toronto has the most expensive office space in Canada, and no other city comes close to matching the $68.52 per square foot average rent that’s being asked for in the heart of the country’s financial district. JLL Canada recently released its “Most Expensive Streets for Office Space” report, which ranks Canadian cities by their highest asking rents. It shows many companies are still willing to pay a premium for the most expensive spaces, and competition is growing to get into prominent financial, retail and government hubs. “The most significant trend that we are seeing across major markets is that there are a large number of new developments underway,” said JLL Canada president Brett Miller. “Although we have only seen minor changes to the top market rents thus far in 2014, we anticipate that as the new inventory comes to market, overall rents will decrease in the older class-A stock whilst headline rents in new developments may raise the top line rents.” Here are the most expensive streets in nine major Canadian cities 1. Bay Street, Toronto, $68.52 per square foot Bay Street held strong in first place for the fourth year running. It features the headquarters of major Canadian banks and is home to many investment banks, accounting and law firms. Brookfield Place, at 161 Bay St., continues to command the highest office rents of any building in Canada at $76.54 per square foot. The average market rent in Toronto is $34.82 per square foot. (Bay St. looking north from Front St. shown in the image,) 2. 8th Avenue SW, Calgary, $59.06 per square foot 8th Avenue SW again has the highest average gross office rents in Calgary. Large vacancies and availabilities along this corridor typically account for significant activity and command market-leading rates. Large oil and gas companies have historically clustered around the central business district in this area. The top rent on the street is $64.40 per square foot and the average market rent in Calgary is $46 per square foot. 3. Burrard Street, Vancouver, $58.87 per square foot Burrard Street has dropped to third place despite a slight increase in average asking rent from $58.47 in 2013. Approximately 18.3 per cent of downtown class-A office supply is located on Burrard Street between West Georgia Street and Canada Place. The vacancy rate in these six buildings sits at 1.6 per cent, which justifies this location commanding some of the highest rental rates in the city despite the impending influx of new supply that’s putting downward pressure on rents throughout the central business district. The top rent on the street is $66.06 per square foot and the average market rent in Vancouver is $38.81 per square foot. 4. Albert Street, Ottawa, $52.10 per square foot Albert Street remained in fourth position with average rents decreasing slightly from $53.40 per square foot. Albert Street is mainly home to government-related office towers, including numerous foreign embassies, and a few of the largest Canadian business law firms. There seems to be a wait-and-see approach in anticipation of the 2015 federal election regarding the government’s intentions to lease or return more space to the market. The top rent on the street is $53.54 per square foot and the average market rent in Ottawa is $30.90 per square foot. 5. 101st Street NW, Edmonton, $46.71 per square foot The average asking rent dropped from $48.19 per square foot, but 101st Street NW is expected to remain the most expensive in Edmonton with the recent commitment to build the arena district, a large-scale, mixed-use project incorporating the city’s new National Hockey League arena. This is expected to revitalize some of the most important corners on the street. The top rent on the street is $54.15 per square foot and the average market rent in Edmonton is $28.30 per square foot. 6. René-Lévesque W, Montreal, $44.28 per square foot The average gross rent on the street hasn’t changed significantly year over year, but the total value of tenant inducement packages has nearly doubled. The most expensive building on the street (1250 René-Lévesque W) rents for $52.76 per square foot but has seen some downward pressure of two to four dollars on its net rent due to 170,000 square feet of vacant space left behind by Heenan Blaikie. The average market rent in Montreal is $30.38 per square foot. 7. Upper Water Street, Halifax, $36.42 per square foot Upper Water Street has maintained seventh place despite its average asking rent dropping from $36.65 per square foot last year. New construction coming on stream is expected to put downward pressure on rents in existing office buildings. The top rent on the street is $36.62 per square foot and the average market rent in Halifax is $27.44 per square foot. 8. Portage Avenue, Winnipeg, $35.67 per square foot Portage Avenue held strong in eighth place, with its average rent increasing from $35.17 per square foot. The class-A market remains tight and is expected to remain so through 2015. The top rent on the street is $37.32 per square foot and the average market rent in Winnipeg is $23.62 per square foot. 9. Laurier Boulevard, Québec City, $27.50 per square foot Laurier Boulevard held its ninth-place position despite the average rent dropping from $28.14 per square foot. There’s been no notable increase in the average gross rent and the vacancy rate on the street remains low at 5.2 per cent compared to the rest of the market’s 7.8 per cent. The top rent on the street is $28.98 per square foot and the average market rent in Québec City is $21.89 per square foot. JLL manages more than 50 million square feet of facilities across Canada and offers tenant and landlord representation, project and development services, investment sales, advisory and appraisal services, debt capital markets and integrated facilities management services to owners and tenants.
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