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According to the 2024 report on the world's richest cities, published by the investment company Henley and Partners (H&P), ranking in first place among Canadian cities is Toronto, which is listed as the 13th city in the world by the number of rich people per capita.
The federal government of Canada announced an increase in the federal capital gains tax amounts over 250,000 Canadian dollars from the already significant 50 percent to 67 percent.
Premier Doug Ford and his government are facing public opposition to their plan to redevelop Ontario Place, which includes a long-term lease of the western island from the Austrian company Terme to build a large private water park and spa.
The provincial government has unveiled a new infrastructure strategy, announcing plans to create a new Ontario Infrastructure Bank. The new agency will be responsible for attracting investors to participate in large projects to build the necessary infrastructure, with a proposed initial funding of three billion dollars from the public purse.
Did you know that according to the 2021 census, Canada’s population is comprised of 450 different cultural origins, and over 200 different languages are spoken at home, and yet the available ethnic print magazines can be counted on one hand?
With tens of thousands of jobs lost in the past year, Toronto's unemployment rate has been rapidly rising.