Changing the face of Walder Ave.

Walder Ave, the short street running north from Eglinton Ave E. to a cul de sac north of Broadway, is being re-made. As in the general area, modest bungalows and smaller homes continue to be bought up, demolished and replaced with larger, two storey structures. Three such homes side by side are awaiting Castleton Homes to change the face of this part of Walder.

Billboard to kick off fund-raising campaign

Brooke Biscoe of the arena board has messaged supporters that the campaign kicked off today to raise the $2.5 million community portion of the cost of building the second rink at Leaside Gardens. At the meeting Expansion Committee Chair Paul Mercer and Councillor John Parker summarised the long journey from the time the idea of building the second rink was first discussed in 1998 until today. Thanks were expressed to the many people who have been helpful. To help raise awareness of the second rink the board has installed a billboard on the north-bound face of the billboard along Millwood in the Arena parking lot. Check the Facebook page. Stories from today’s meeting filed by the Sun and Star

Water repairs come back to Millwood

Work has moved south as workers make yet more repairs to the water system on Millwood Road. Earlier this week when these pictures were taken, the street was fully blocked between Bayview and Donegall. Even the east lane way was blocked (upper right) by the contractors, Rabcon. The best information we have is that it remains only for natural gas lines to be installed on Millwood before it can be restored to its proper condition. But apparently there has also been a need for water connection repairs. Check previous.

RBC finds homeowners are confident

The Royal Bank has injected what appears to be a bit of common sense into the worry about whether homeowners can afford their houses. We have seen many recent alarms about an impending collapse of the housing market because people won’t be able to carry the interest. It all seemed rather overdone and now the RBC’s annual outlook suggests that Canadians agree. The bank’s survey suggests 85 per cent of respondents think they are doing a good job of paying off their loan obligations, and 73 per cent think they are well positioned even if the housing market were to drop. Maybe homeowners are too optimistic but there can be no doubt that they are a good deal more serious than many U.S. buyers about holding their homes and paying off the mortgages. The ethic is different. History may be helpful too. The story of the housing market in Canada includes the 1980s when interest rates rose to astronomical levels. That certainly slowed down purchases and depressed prices but did not collapse the entire market.

Baby you’re the Top (Shop and Man)

Word that The Bay will introduce both TOPSHOP and TOPMAN (see below) has been of great interest today. They are British chains of women’s (SHOP) and men’s (MAN) belonging to the Arcadia Group. Arcadia owns Burton, Miss Selfridge, Wallis, Evans, British Home Stores and Dorothy Perkins. The chain was founded in 1964 as Peter Robinson’s Top Shop, a young fashion brand within the Sheffield branch of the Peter Robinson Ltd ladies fashion store chain (former department store chain). The first standalone Topshop store was opened in 1974. In 1978, Topman was created as a spin-off brand to cater for male customers and is now run as a separate chain, although some stores are co-located. The British retailer is represented in 20 countries.