Merry-go-round of Toronto tales Wednesday, July 6, 2016

holland

David Holland

David Holland will resign immediately as president and chief executive officer of Torstar Corporation. He has worked at the Toronto Star since 1986. Reports have noted that Mr. Holland made no mention of his departure at the retirement of publisher John Cruickshank in early May. Instead he assumed Mr. Cruickshank’s job and spoke of his plan to carry it out vigorously. But things are in flux in the newspaper business. Many wonder how long the Star will be printed on paper seven days a week

TORY FOR POLICE FLOATS

Mayor Tory has written a letter to the Toronto Police Association supporting the presence of uniformed police participation in the Pride Parade. The ever-angry Black Lives Matter (BLM) double-crossed their new friends Sunday by conducting a petulant sit-down demonstration which stalled the parade for half an hour. In the process, BLM bullied Pride boss Mathieu Chantelois into signing a laundry list of things including banning cops from the parade. No one at City Hall apart from the mayor seems to have the interest, much less the courage, to say anything.

HOME PRICES

Resale home prices and  sales in Toronto continued to rise in June even as the number of listings dropped 3.8 percent. The Toronto Real Estate Board recorded 7.5 per cent more sales, 12,794 in all in June. The average home price was $746,546 in June, up 16.8 per cent from the same month last year.