300 Front Construction Update
Oh my god! oMG! Its Justin Bieber, he's in town tonight to record his 3D movie and I'm surrounded by screaming teenage girls. Very annoying... anyways, this is the 300 Front Street Development from my live blog today. More live blogging tomorrow and also, I still have some pictures to post to the blog, they will be coming shortly.
300 Front - Tridel (Builder)
Height: 159 meters and 49 floors
located: Blue Jays Way and Front
Height: 159 meters and 49 floors
located: Blue Jays Way and Front
Global Currency Markets (Factor: Neutral)
The currency markets are the world fluctuation on a moments notice and sometimes they over-react to small movements by governments when they adjust their cost on money. Right now, the cost of money in Toronto is very, very low, as the Bank of Canada is trying to continue to stimulate the Canadian Economy. This would lead you to believe that our Currency should be declining in this type of environment however another internal factor will play havoc with this point, and that is that Canada is a large exporter of energy, and a rising global economy, will increase the demand for our dollar, thus raising its price. However in the past the high Canadian petro-dollar has had little impact overall on the Toronto economy with the exception of the manufacturing industry which rely's on exports to the United States to the tune of 85%. Still Toronto is a diversified economy and currency fluctuations have rarely negatively impacted Toronto.
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