Union Station Renovation
More work from the second platform from Union Station. The second platform, will allow increased capacity at the subway station and a easier connection to the Harbourfront LRT (Streetcar Line) on the lower level, under the commuter rail station. This is all part of the procedure to get the station ready to have it's capacity increased to 800,000 people per day. Soon the station will host the Airport Rail Link, as well as a massive underground mall and concourse linking the subway to the commuter rail lines.
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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