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| Francis Fong |
A report from TD Economics says the growth trend in the suburbs over downtown Toronto has achieved a “substantial turning point”. It has been occurring over a period of perhaps five years in which younger adults have opted for downtown life over less expensive and more spacious properties in the suburbs. The author of the report, Francis Fong, notes that the pace of population growth has tripled since the previous three census periods and — for the first time in decades — outpaced the suburbs. Fong is quoted by CTV as saying: “I feel like we’ve hit critical mass and now we’re sort of on our way to becoming a city like New York or London. “We’re on our way; we’re not there yet.”
