COVID-19: UrbanToronto Updates from the Industry for January 29, 2021 | UrbanToronto
The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts on what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop about the shutdowns, we’ll be sharing information and status updates from around the industry on a regular basis.
In today’s report: City of Toronto bylaw extensions recommended to reduce COVID-19 spread, GTA new home market saw strong single-family home sales, declining inventory in 2020, and more news from the COVID-19 front.
Construction on Toronto’s waterfront, image by Forum contributor skycandy
Government notices and announcements:
City of Toronto long-term care measures to keep residents and staff safe from COVID-19 variants
City of Toronto bylaw extensions recommended to reduce COVID-19 spread
City of Toronto opens second modular, supportive housing building
CMHC: National Vacancy Rate Increased in 2020
Canada and Ontario invest in accessible public transit infrastructure for residents of Peel Region
Private sector/other notices and announcements:
BILD: GTA new home market saw strong single-family home sales, declining inventory in 2020
ULI Toronto: Neighbourhoods for the Future: Confronting the post-pandemic global urban challenge
Expanding GO service – Metrolinx holding virtual open house for east Toronto residents
Manulife Investment Management’s Global Intelligence report anticipates sustainable investing growth; forecasts economic recovery to pick up pace in second half of 2021
CP demonstrates resiliency of model and team; reports record fourth-quarter and full-year 2020 results
Unifor demands Premier Ford use unallocated pandemic relief funds to protect workers
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REMINDER: Download the COVID Alert app today
Everyone from construction workers to brokers to real estate executives is encouraged to share tips on what work and events have stopped, what is proceeding, and how their businesses are being affected by the various shutdowns.
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