{"id":17466,"date":"2023-05-25T07:42:41","date_gmt":"2023-05-25T14:42:41","guid":{"rendered":"https:\/\/essential.construction\/news\/news-roundup-for-may-25-2023\/"},"modified":"2023-05-25T07:42:41","modified_gmt":"2023-05-25T14:42:41","slug":"news-roundup-for-may-25-2023","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/news-roundup-for-may-25-2023\/","title":{"rendered":"News Roundup for May 25, 2023"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"article_body\">\n<p>New report suggests that Toronto&#8217;s high rate of office vacancy could persist for the next two decades, creating a unique opportunity to repurpose the existing supply of office buildings; Toronto&#8217;s six leading mayoral candidates took on the topic of housing at the Wednesday debate, with the question of how to build affordable units taking centre stage; the decline of Toronto&#8217;s Downtown was already in motion before the pandemic, due to years of underinvestment; and other news.\u00a0<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/business\/2023\/05\/25\/time-for-the-wrecking-ball-report-warns-torontos-glut-of-empty-office-towers-could-last-at-least-two-more-decades.html\" target=\"_blank\">Time for the wrecking ball? Report warns Toronto\u2019s glut of empty office towers could last at least two more decades<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/toronto-housing-debate-may-24-1.6852917\" target=\"_blank\">Top mayoral candidates clash over how to build affordable units, taxes at housing debate<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/toronto.ctvnews.ca\/it-s-getting-worse-years-of-underinvestment-paved-way-for-downtown-toronto-decline-even-before-pandemic-hit-experts-say-1.6411873\" target=\"_blank\">&#8216;It&#8217;s getting worse&#8217;: Years of underinvestment paved way for downtown Toronto decline even before pandemic hit, experts say<\/a>\u00a0(CTV News)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/news\/gta\/2023\/05\/25\/a-tale-of-two-neighbourhoods-what-downtown-chinatown-and-kensington-markets-recent-past-tells-us-about-a-changing-toronto.html\" target=\"_blank\">A tale of two neighbourhoods: what downtown Chinatown and Kensington Market\u2019s recent past tells us about a changing Toronto<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-montreals-lrt-delays-confirm-a-predictably-canadian-pattern\/\" target=\"_blank\">Montreal\u2019s LRT delays confirm a predictably Canadian pattern<\/a>\u00a0(Globe and Mail)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/pride-toronto-cost-cuts-1.6853673\" target=\"_blank\">Soaring policing, insurance costs force Pride Toronto to consider cuts to festival: organizers<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/business\/opinion\/2023\/05\/25\/a-trillion-dollar-payday-in-the-making-as-ontarios-ev-supply-chain-takes-shape-at-a-remarkable-pace.html\" target=\"_blank\">A trillion-dollar payday in the making as Ontario\u2019s EV supply chain takes shape at a remarkable pace<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.theglobeandmail.com\/real-estate\/article-toronto-real-estate-market-makes-slow-return\/\" target=\"_blank\">Toronto real estate market makes slow return<\/a>\u00a0(Globe and Mail)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/parkside-drive-dangerous-speeding-1.6851959\" target=\"_blank\">Parkside Drive still tops list of Toronto&#8217;s most ticketed roads, a year after speed camera rollout<\/a>\u00a0(CBC)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.thestar.com\/business\/2023\/05\/23\/newcomers-a-driving-force-behind-real-estate-investment-in-ontario.html\" target=\"_blank\">Newcomers a \u2018driving force\u2019 behind real estate investment in Ontario<\/a>\u00a0(Toronto Star)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.theglobeandmail.com\/canada\/alberta\/article-why-albertas-election-is-also-important-for-the-rest-of-canada\/\" target=\"_blank\">Why Alberta\u2019s election is also important for the rest of Canada<\/a>\u00a0(Globe and Mail)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.cp24.com\/news\/open-drug-use-and-reports-of-people-in-crisis-rider-complaints-provide-one-week-snapshot-of-ttc-1.6411307\" target=\"_blank\">Open drug use and reports of people in crisis: Rider complaints provide one-week snapshot of TTC<\/a>\u00a0(CP24)<\/p>\n<\/div>\n<p><script>\n!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;\nn.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,\ndocument,'script','\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '1760257484204295');\nfbq('track', \"PageView\");<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/urbantoronto.ca\/news\/2023\/05\/news-roundup-may-25-2023.52616\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New report suggests that Toronto&#8217;s high rate of office vacancy could persist for the next two decades, creating a unique &#8230; <a title=\"News Roundup for May 25, 2023\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/news-roundup-for-may-25-2023\/\" aria-label=\"Read more about News Roundup for May 25, 2023\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[],"class_list":["post-17466","post","type-post","status-publish","format-standard","hentry","category-urban-toronto","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=17466"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17466\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=17466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=17466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=17466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}