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Here is a shot from back in the summer when I was at Yonge and Harbour Street at Sunset getting a photo of one of my favorite Skyscraper Projects. This L Tower Update is for the Skyscraper Faithful.
L Tower is a 58 floor condo being built at Front and Yonge across from the Hockey Hall of Fame. It is being built by Cityzen Developments and Castlepoint and was designed by Daniel Libeskind.
Internal Interest Rates : (Factor: Positive)
The Bank of Canada has stated it's desire, to maintain the low interest rate environment in Canada. This of course will have a positive impact on the Toronto economy, it keeps people buying stuff, and it enables people to repay their debts in a reasonable fashion. Low interest rates will keep the housing market going, even as the federal government continues to tighen up the regulations regarding homebuying and builder financing. Even as hard as they try, the one area of the country that benefits the most from low interest rates is Toronto, as Toronto is the Financial Capital of the country we can turn free money, into more money through investments and trade. Read More
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