Nervous breakdown! TSX sinks 391

Jitters about the unknown impact of world debt had its own impact today — a huge bump downwards in the stock markets. The Toronto Stock Exchange composite closed down 391 points. It had been as much as 527 off but in the last hour canny buyers trimmed that back. The markets started off with a sharp drop and just kept going as galloping panic took over. The bundle of anxieties included Ben Bernanke’s warning that the U.S. economy is on the edge to reported slowing of the economy in China to the ever-present old favorites Greece, Italy and Spain.

Uncertainty is the enemy says Flaherty

Finance Minister Flaherty ticked off European leaders today for a lack of “decisive action” to resolve the debt issues there. Fear caused by uncertainty is driving down values at an alarming rate. The Finance Minister said uncertainty is the enemy and must be resolved. Flaherty spoke to a Group of 20 meeting today in Washington. Globe and Mail.

Salmon leaping up the Don River Dam

Leaside resident Terri Reid and her husband Dave were running in the Don Ravine and stopped near the E.T. Seaton parking lot to take some pictures of salmon leaping up and over the dam. Nature’s struggle is well-symbolized here as the fish are beaten back by the flow of water but keep trying. Right, one salmon makes it over the dam. Terri and Dave watched for about half an hour, quite understandably entranced by this show,. Terri said she liked her pictures better in higher resolution as a slide show but they were unmailable as such. They are great Terri. Thanks for sharing with all the Bulldog readers. Terri you may recall is the lady who spearheaded the rescue of s family of ducks on Hanna Road earlier this year.

Dogs in Canada magazine closes after 122 years

Dogs in Canada, Canada’s oldest continuously published monthly magazine, has announced plans to close. Featuring articles and columns on breeding, canine nutrition and the “lighter side” of dog ownership, the Toronto-based magazine started out as a newsletter for the Canadian Kennel Club before ultimately hitting newsstands as a general-interest pet magazine. Despite being billed as Canada’s top-selling pet magazine, publishers announced Sunday that Dogs in Canada has “no reasonable expectation of profit.” The magazine’s last issue will be issued in December. Founded only 22 years after Confederation, Dogs in Canada has run for 122 straight years; 16 years longer than Maclean’s. In a Tuesday news release, the Canadian Kennel Club said the decision to fold Dogs in Canada was “solely financial” and that it will continue to run the magazine’s content on its website.

Walmart does store deal with Target

Walmart is grabbing up some of the Zellers locations which were passed over by Target in its big 2013 entry into Canada. Target bought access to the Zellers locations from Hudson Bay. Walmart will reveal soon, it said, which of the stores it has acquired from Target. It will be picking its way around existing Walmart locations so as not to undercut them. The company says it wants to offer stores to urban shoppers who now have to drive a long way to get to a Walmart.

What’s going on at 21 Astor Avenue?

What’s going on at 21 Astor Ave? Neighbors say work has stopped at the reconstruction of the house at that address. Not unlike many re-builds in Leaside, the work at 21 Astor is subject to certain variances to the bylaws. There is a notice to that effect posted at the site. But is everything in order? All we know is that those living around 21 Astor say things are at a dead halt. If you know the story, make a comment by clicking below,. You can do so anonymously.