3 ms·
Toronto dodged a bullet.
by prolikewh0a 8y ago
Toronto dodged a bullet.
- m23khan 8y agoNo, it didn't dodge a bullet, it lost the competition and hence the opportunity. Unless you are a subject matter expert and know exactly how this benefits Toronto (In which case then, I apologize). By virtue of moving into Toronto, all Canadian cities starting from Pickering/Oshawa all the way down to Hamilton/Waterloo would have seen a boost overtime to real-estate and hence towards economic activity - remember cities like Hamilton and Barrie are struggling to attract highly-educated / high-income residents and this would have given them better odds. All in all, loss of potential income for the Canadian economy.
- prolikewh0a 8y agoI live in Seattle and have lived in Seattle. I know exactly the effects this has, and it's not beneficial except to the already wealthy. Great if you're rich, terrible if you're anything other than rich (hint: most people aren't rich).