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The explanation that I've heard is that the Saudis are just as concerned by an overly high price as an overly low one. Their ideal is for the price to hover around $70. If prices get too high, western governments are going to start seriously looking into long term alternatives to oil. If the...

The CPP just bought 10% of Highway 407 for $900 million, so the entire value of that highway is now about $9 billion. How do traffic levels on the Gardiner compare to the 407? If we're tolling highways, a lower risk option might be to sell off the DVP. You'd get several billion for it. That...

Canada's debt levels are something to pay attention to, but we're better off than just about any other country in the world. The concern over a country's debt can be measured by looking at how much credit default swaps cost. At one end is Greece, which currently runs at about an 80% chance...

Some TCHC houses have one or two people in each room, run on communal housing models. There could thus be well more than eight people living there. Houses like that are exactly what the city should be promoting. They create low rise, high density, mixed income neighbourhoods. A type of...

Eight bedrooms for $800,000. How much do you think it would cost for the city to replace these eight bedrooms in one of its new buildings? Certainly more than $100,000 each. This place seems like a bargain for tax payers.

Has anyone seen ridership stats for the Pharmacy and Birchmount Rd lanes that they're also planning to remove? As an eastender I do use these bike lanes regularly, but I don't see many other cyclists on them. The ridership numbers might be fairly low. That said, the report Reaperexpress linked...

Has anyone ever seen station by station GO ridership numbers?

The best/worst part is Doug Ford's arguments for him and his brother not being homophobes: In the Globe: In the Star:

A similar story in New York the other day. UBS moved its New York operations and 2000 employees from Manhattan to the suburbs, but is now regretting the decision as it's having trouble recruiting. The company is thus looking to sell its brand new and giant facility, and replace it with new space...

My transit options are: 501 Streetcar - 180 metres 12 Bus - 850 metres Victoria Park Subway - 2.3 km The 501 is my standard route downtown. If I need to get to the Bloor line I'll sometimes take the bus and sometimes walk the whole way. It usually depends on the weather and how often the...

One of the big problems is that there is no one overall in charge of these projects. There was no one person in charge of St. Clair, just a lot of people running their own separate parts of it. The city used to have project managers, but they were cut during the Lastman era as unneeded...

$90K is individual income, not household. It is double the GTA average, and I think earning twice as much as the average pretty clearly qualifies one as wealthy.

The Cabbagetown you grew up in is not the Cabbagetown of today. In 1990 the income of the area was about the Toronto average. Here's the StatsCan tract for northern Cabbagetown today. Income in 2006 was 166% of the Toronto average. A full time earner in Cabbagetown earns $75,000 a year average...

Is your average senior on CPP going to be a great deal wealthier in ten years? How about a single mother working at Wal-Mart? Or a learning disabled 30 year old who washes dishes? It would be great if our society was structured so that poverty among seniors, single mothers, and the disabled...

Looks very similar to One Rainsford. With the church development and Rainsford II also coming, there is a real trend of low rise condos in the Beaches. I think this is great. The area needs more density, and these projects are exactly what the Avenues Plan envisions.

No need for an apartment tower, but a cluster of townhouses, or a low rise building similar to the ones that already exist, would integrate fine into the community. I'm not saying that Rosedale needs to be changed, it's fine having a few neighbourhoods like that in the city. The danger is that a...

Perhaps they could take over the India Centre building on Gerrard. It's in pretty poor shape right now, but is a nice old theatre building.

Imagine if Rosedale had a few hundred units of TCHC housing. It would be a very different place. Even a few hundred such residents would necessitate better transit, more social services, and shops geared to lower income consumers. It would also add an activist base pushing for all of these...

Having neighborhoods of nothing but poor people is a problem, but so is having areas with only rich folk. There are a lot of TCHC buildings scattered in the Annex. Houses, but subdivided into apartments, or with a dozen or so people living communally. A lot of the people living in them are...

Yes, they will. I've heard talk that whichever party wins provincially will amend the law to switch the election date, push it to spring of 2016. That would be a four and a half year term, the same length as Harper's.