The musings of Hunter Harrison, the new president of Canadian Pacific Railway may be of more than passing interest to residents of Rosedale and Moore Park. They own the homes that sit on either side of the busy CP thoroughfare in central Toronto. Mr. Harrison was showing off his decisive command today in New York as the company announced it will cut 4,500 jobs by 2016. In a remark which may be of interest to South Bayviewites, Mr. Harrison also said CP will seek more efficient use of its trains. CP will be increasing its train length and efficiency, in order to haul more with fewer trains. It’s hard to imagine that trains could get much longer. Globe and Mail.
Undercover cops don’t have to warn teens
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Holdup at Midtown Digital, 1391 Yonge St.
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The Midtown Digital computer store at 1391 Yonge Street south of Pleasant Blvd. was robbed Monday by four men at least one of whom was armed with a handgun. The 56 year old owner says the men entered about 3.30 p.m., showed a weapon and demanded to know where the computers were kept. The victim complied. The suspects removed a quantity of computers and fled the scene towards Pleasant Blvd. No injuries were sustained by the victim. Midtown Digital specializes in Apple products and is an authorized service store and Apple re-seller.
Bank of Canada rate remains at 1%
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Yonge subway “Rockets” looking like Lemons
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Flaherty says housing market is under control
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Finance Minister Jim Flaherty says we’ve got the housing market under control and he’s not worried about a collapse. The reason, he says, is that he has helped cool the market with a round of stricter mortgage rules. The finance minister says he is also encouraged that taxpayers are paying down their mortgages and credit cards, and taking on less debt. A soft landing in housing is better than a boom followed by a bust. Overall, the country’s economy advanced slightly by 0.6 per cent, about half the expected growth predicted by the Bank of Canada.
HS teachers to boycott extracurricular activities
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Teachers will be leaving right on time says the OSSTF. Toronto Sun
Kate’s morning sickness is “a serious matter”
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$450,000 still needed to complete arena funding
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Brooke Biscoe, Chair of the Arena Board has written to say that, as of December 1, generous donors have raised $3.05 million and so have only about $450,000 left to raise to meet the community fundraising goal of $3.5 million to complete the arena expansion.. Contributions of any amount will be gratefully received and can be made through the East York Foundation or by contacting the arena. If you made your donation in the 2011 tax year, Mr Biscoe asks if you would consider making an additional contribution before the end of 2012. Some naming opportunities are also still available for larger gifts. Inset is a picture of work as seen from the tracks




