Toronto has long been an impressive destination for business people. The megacity has the right infrastructure and atmosphere to foster businesses, and it’s been reputed for that. However, of late, the city’s appeal to movers and shakers seems to have risen. The number of business people travelling to Toronto has been on the rise. Social media holds the proof.
A recent study carried out by Givetastic shows Toronto is amongst the world’s top cities frequented by entrepreneurs. The same has been evidenced by the flow of private jets and commercial flights.
Givetastic surveyed Instagram posts featuring hashtags #businesstrip from October 2022 to February 2024. Though the city hasn’t attracted as many business people as American cities such as Miami and New York, it emerged to be the most popular Canadian city for business people. That’s not all, it’s the only city outside the USA to break into the top 10.
Although this might not seem like it, the fact that Toronto is getting so much importance in the business community points to its economic potential.
Development in Hogtown never stops, but over the past couple of years, the megacity has picked up pace in terms of development. With Toronto also responding to technological changes quickly, the city’s appeal is surely going to keep rising.
Since before the Budget Day on April 16, Prime Minister Justin Trudeau has been making announcements addressing the housing crisis facing the North American nation. From incentivizing the construction of affordable housing to reconstruction, these plans promise to improve the housing infrastructure of Canada.
The real estate sector’s most influential leaders and innovators will be gathering in Calgary for a conference that, in all probability, is going to be the biggest real estate event in Alberta. Titled, ‘Rock’N REAL ESTATE 2024’, the BUZZ conference will be taking place in Carriage House Hotel & Conference Centre on Thursday, May 2. The meeting will open at 7:30 am with a light continental breakfast. The discussion will go from 8 am to 5 pm followed by an hour of networking session at the end of the event. Cocktails on the house!
Canadian housing activity was largely stable in March, but a key spring selling season lies ahead. Existing homesales edged up 0.5% in March (seasonally adjusted) and were up a modest 1.7% from sluggish year-ago levels (although an early Easter long weekend likely reduced volumes somewhat). While current activity might seem quiet compared to the exuberance in 2021 and early 2022, sales volumes are trending about in line with pre-COVID norms, albeit at the low end of that range.
“We are changing the way we build homes in Canada. In our housing plan and Budget 2024, we are delivering ambitious action and investments to build more homes, make it easier to rent or own, and help the most vulnerable with stable housing. This is about restoring fairness for every generation, and housing is at the heart of that”, said Canadian Prime Minister, Justin Trudeau about the country’s new housing plan.
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