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The economy of Toronto is the largest contributor to the Canadian economy, at 20% of the national GDP, and an important economic hub of the world. [1] Toronto is a commercial, distribution, financial and industrial centre. It is Canada's banking and stock exchange centre and is the country's primary wholesale and distribution point.
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
According to Zillow, the median renter now needs an annual income of $79,264 to comfortably afford rent (spending no more than 30% of income on rent) — which is a 40.6% jump above pre-pandemic ...
Canada's DATAPAC was the world's first public data network designed specifically for X.25 when it opened for use in 1976. [7]A 1983 project to network approximately 20 Canadian universities was initiated and driven at the University of Guelph by a small team including Bob McQueen, Kent Percival and Peter Jaspers-Fayer with the aim to share files and transfer emails.
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Why are flights so expensive in 2023? Flights cost even more in early 2023 than they do now. Factors such as fuel costs, staffing shortages, aging IT infrastructure and hidden fees all contribute ...
Roblox has been accused by the investigative journalism YouTube channel People Make Games of "exploiting" child game developers by promising them huge amounts of money when they monetize their games, while only giving them little to no money in return by having high revenue cuts, an exchange rate in selling Robux lower than the rate for buying ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...