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- Housing market more affordable | Ford does CNN again | New collision reporting threshold
Housing market more affordable | Ford does CNN again | New collision reporting threshold
Top of the morning! Partly cloudy, High -4, feels like -15 with wind.
MORNING NEWS SCRAMBLE
Just in: Housing in GTA gets more ‘affordable’ in 2024
Source: City of Toronto
The Toronto Regional Real Estate Board says the Greater Toronto Area housing market experienced a transitionary year in 2024. Annual sales were up slightly compared to 2023, and new listings were up significantly year-over-year. And…buyers benefited from substantial negotiating power on price.
Ford tells CNN he was ‘joking’ about Alaska
Ford also tells CNN China is the real problem!
Key legislation might not pass with Trudeau prorogue move
Trudeau’s move to prorogue Parliament until March 24th means the legislative agenda will be reset once the House of Commons reconvenes in March, and some key pieces of legislation may die on the order paper.
So what does Trudeau’s resignation mean for Toronto?
If Toronto wants federal money (which it needs) it’s going to be all about building new relationships.
Been in a fender bender? Don’t rush to that collision reporting centre just yet
As of Jan 1 there is a new threshold for reporting collisions in Ontario. The damage-dollar-threshold to contact police has gone from $2,000 to $5,000. The province says the move will reduce burdens for Ontarians, law enforcement and commercial operators by eliminating the requirement to report minor collisions.
Toronto Police officer injured
A Toronto police officer suffered minor injuries to lower leg after a chase involving several store robbery suspects in Downsview Monday afternoon.
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KEEP THE CHANGE
Capital gains changes benched
Those controversial capital gains changes proposed by the federal government are dead thanks to the proroguing of parliament. The changes would have seen the capital gains inclusion rate for individuals increase to 2/3 from 50% for gains over $250k.
2025 Tech Trends on display
CES (which used to be called the “Consumer Electronics Show”) kicks off in Las Vegas this week with all the latest gadgets and tech imaginable. According to the Associated Press, 4,500 exhibitors are expected to show off the latest advances in AI, personalised technology, as well as solutions for accessing food, clean air & water, and improved mobility.
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HEALTHY START
Snack ideas
Looking for some tasty, low-calorie snack ideas as you get back into a routine? Prevention.com has 25 ideas with their calories broken out.
Quality counts!
We’ve heard of the benefits of plant-based diets, but a recent study in the Journal of Nutrition, Health, and Aging underscores the importance of the quality of such a diet. It compared diets of “healthful” plant foods like wholegrains, fruits and vegetables to a diet of “unhealthful” plant foods like refined grains, fruit juices and potatoes. The “unhealthful” diet was associated with an increase in frailty in men, particularly with low incomes.
AND… ANOTHER THING!
Heading to the UK soon?
As of Wednesday, visitors travelling on a Canadian passport will now need to pay 10-pounds for an Electronic Travel Authorisation (ETA) before they arrive. 48 countries that don’t require a visa now require an ETA. You can apply online before you go.