27 Dec 2012

Canadian economy hurt by NHL lockout

Gross domestic product in Canada increased 0.1 percent in October after stagnating the previous month. Although the country saw a slight gain to start the third quarter, the positive bump is not as much as many economists hoped. Experts are pointing to the NHL's lockout as one of the negative factors affecting the national economy.With a high cost of living in Toronto, Canadians in the area are encouraged to utilize self storage to free up space in their homes in order to take full advantage of the costly space.The NHL lockout caused a 1.6 percent drop in the arts, entertainment and recreation category, which accounts for 0.8 percent of the Canadian economy.“The NHL lockout piled on to what was already a slowing underlying Canadian growth rate in the fall,” Doug Porter, economist at the Bank of Montreal, told the Canadian Press. “While most other categories picked up some of the slack, we expect the economy to struggle to push above…

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13 Nov 2012

A two-alarm erupted on November 12 inside a third floor apartment on Queen Street. A 30-year-old man was rushed to hospital after being severely burned in the blaze.Fires in the Greater Toronto Area serve as a good reminder for individuals to consider placing their valuables in self storage, as units are available to ensure their safety and the safety of their belongings.Toronto Fire district chief Dan Sell told the Toronto Star that a tenant from the building rescued the burn victim and brought him to the entrance of the building, while two others escaped the fire unharmed."Preliminary investigation indicated it was overloaded electrical wiring that caused heavy charring in one corner of the room, and the fire then spread to the…

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13 Nov 2012

Police recently released the picture of the Fumbling Bandit in hopes that someone will come forward with information on the crook who held up Cabbagetown cell phone store on May 17.Any individuals interested in securing their valuables should consider self storage in the Greater Toronto Area as there are units available to keep possessions safe.“The man approached the sales desk, armed with a handgun,” Staff.-Insp. Mike Earl, who heads up the Holdup Squad, told the Toronto Sun times. “He tossed an empty duffle bag to the attendant and demanded that it be filled with cell phones.”Once the thief had enough cell phones, he exited the store but not too swiftly. He received his nickname because while fleeing the scene, he…

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7 Nov 2012

A two-alarm fire broke out in a Regent Park high rise in Toronto on November 5, trapping residents on the sixth floor, the Toronto Star reported. A mattress lit on fire and caused more than 40 firefighters in 13 fire trucks to respond to the scene, the source reported.Toronto area residents should look into storing their valuables in self storage units to protect them from unexpected damage from fires and other unfortunate events.Toronto Fire Captain Mike Strapko said to the Toronto Star that trapped residents placed wet towels under their doorways before sticking their heads out of the windows of the highrise.“There was smoke and my family got out," Terry Woods, who has lived on the 13th floor for two…

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6 Nov 2012

According to Canada Housing and Mortgage, the Toronto housing market recovery is slowing down and is not likely to fully recover until the second half of 2013. Condominium sales have continued to decline, averaging $358,741 in October, down 2 percent from a year ago, the Toronto Star reported.Any Toronto area homeowner looking to free up space in their home should consider Toronto self storage as an inexpensive way to store their valuables.“I believe the slowdown we’re seeing has largely been caused by the tightening of financing rules and is a short-term shock which is basically going to take some people out of the market for a year [until they can save up a bigger down payment]," Brad Lambl, a realtor…

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5 Nov 2012

A number of hydro workers from Toronto went to New York City on Sunday to help restore power to many areas affected by Hurricane Sandy, the Toronto Star reported.Storms like Sandy serve as a good reminder to individuals in the Greater Toronto Area to secure their valuables by placing them in self storage containers, to keep them safe from unexpected damage.Brand Cumming, who works at Burlington Hydro, is heading to New York to help and said that this is the first time local utilities like Burlington, along with Oakville, Kingston, Milton and Hamilton have left town to help with disaster relief.“I’ve been to the ice storm ’98 in Quebec, and you went there and you knew there were trees down…

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2 Nov 2012

Toronto Councillors recently voted on October 31 on whether they should lend a hand to New York City after Hurricane Sandy inflicted a massive amount of damage on the city, the Toronto Star reported. The council decided they will offer help, in order to get the New York City Transit back up and running, if the city wants their help.Those in Toronto area are reminded by storms like Sandy, that it is always a good idea to utilize Toronto storage lockers to house their valuables, in the event of any unexpected losses.Toronto Mayor Rob Ford has placed a call to New York City Mayor Michael Bloomberg's office but has not spoken with him directly.“We have to bend over backwards to…

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31 Oct 2012

Baby boomers across Canada are buying up in housing not down, according to Steve Garganis, a mortgage broker. He told the Toronto Star that many boomers are hoping to cash in on the expensive homes years down the road, right before they retire.Those in the Toronto area should consider self storage, to free up space and avoid cluttering their home by keeping valuables or seasonal items in secure storage units.“They’re [boomers] pulling away from other investments that have not performed well and they’re saying let’s look at real estate, but from a long-term perspective with record-low interest rates," Garganis told the news source. “They’re thinking even if there is a downturn in the market, they’ll ride out the ups and…

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29 Oct 2012

Hurricane Sandy, the storm causing problems on the East Coast, has already begun affecting the Greater Toronto Area.  Peter Kimbell, a warning preparedness meteorologist with Environment Canada, says the major impact will be high winds hitting the area.Residents throughout the GTA should consider self storage for valuables that need extra security, for this storm or just to prepare for storm's in the future."(We are) still recommending folks get those loose objects and Halloween decorations pulled inside today, so they don’t get blown around and become projectiles when the winds pick up this evening,” Geoff Coulson, who is also a warning preparedness expert with Environment Canada, told the Toronoto Star.Coulson added that power outages are also a possibility and residents need…

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29 Oct 2012

The firm that handles property assessments in Toronto recently reported that home values increased by an average of 22.8 percent since 2008. These values are what is used to calculate property taxes in 2013.For Toronto-area homeowners looking to free up some space in their homes, Toronto storage is available offering optimal pricing.Joe Regina, of the Municipal Property Assessment told the Toronto Star that 600,000 Toronto homeowners will be notified in waves on the tax increase, but he advised them not to worry as they might not be affected.“If the change in your assessment is equal to or less than the average change for the city of Toronto, then you’re not likely to see an increase in your taxes," Regina told…

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22 Oct 2012

The Greater Toronto Area's population is one of the fastest growing in North America, as experts warn the suburban neighborhoods are set to disappear.As Toronto's population becomes denser, more people are going to need self storage for their possessions. Cheap Toronto storage is available.“The handwriting is on the wall,” Ken Greenburg, Toronto architect and urban planner told the Toronto Star. “We must make a shift to a more sustainable paradigm, away from low-density sprawl and excessive reliance on the car … we need denser neighbourhoods.”The GTA population is projected to increase more than 44 percent to 9.2 million throughout the next 25 years, accounting for half of Ontario's total population, the Toronto Star reported. Subsequently, the quiet neighborhoods outside Toronto…

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19 Oct 2012

Home prices in Canada have been increasing for some time. This does not bode well for the many individuals throughout the Toronto area looking for office space. But there are other solutions, although some are questioning the source setting the value on homes throughout the country.Self storage units in Toronto can be used in place of office space, allowing small business owners to save money on the housing market, driving up their up their costs and down their profits.Mortgage insurers, banks and appraisers more recently raised concerns about the margin for error in the database that sets home prices. The system sets values to homes without having an appraiser visit the property.Nonetheless, data from Statistics Canada showed that new home…

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17 Oct 2012

Thieves broke into the Rotterdam Museum the morning of October 10 and walked out with an estimated hundreds of millions of dollars worth of artwork from Picasso, Monet, Gauguin and Matisse.The theft serves as a good reminder to many to place their valuables in storage to protect from being stolen, whether their worth millions or not.“Those thieves got one hell of a haul,” Chris Marinello, director of the Art Loss Register, told the Associated press.The stolen paintings were Pablo Picasso’s 1971 Harlequin Head; Claude Monet’s 1901 Waterloo Bridge, London and Charing Cross Bridge, London; Henri Matisse’s 1919 Reading Girl in White and Yellow; Paul Gauguin’s 1898 Girl in Front of Open Window; Meyer de Haan’s Self-Portrait, around 1890, and Lucian…

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16 Oct 2012

A rare Patek Philippe watch sold for $215,000 in an auction on Toronto Sunday, after it was expected to sell for $300,000, the Toronto Star reported.Individuals looking to keep their valuables safe should look into Toronto public storage. With climate controlled environments, housing even the most sensitive valuables offers peace of mind to those in need of storage."I was hoping somebody local would buy it," Kashif Khan, director of Ritchies auction house, told the Toronto Star. "But it went to the U.S. They took our best piece."There were 73 watches sold at the auction and most of them that just told time went for more than their list price. The Patek Philippe charted the moon's phases and indicated when the…

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10 Oct 2012

Manzoor Moorshed Khan, president of Channel Property Management, was implicated by a Star investigation in September 2011, revealing that he borrowed millions of dollars from condominium corporation in the Greater Toronto Area without them knowing. It is believed at least seven corporations were affected by the alleged fraud, accounting for nearly $20 million in misappropriated funds.Residents in the Toronto area looking to secure their belongings should consider cheap storage in the area.Justice David Brown of the Superior Court recently ruled that Khan and Channel Property Management were responsible for billing corporations for repair to exterior walls, windows and balconies in buildings at 236 Albion Road, while never actually completing the work.Khan filed for bankruptcy last year and fled to his…

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3 Oct 2012

The Beach Fairway Golf Range will close its doors on October 8 after 13 years of business, the Toronto Star reported.Those needing a place to store their golf gear and other sports equipment in the Toronto area should look into self storage.“It’s a sad end to a great business,” Kim Holman, who started the range with her husband, Brian Jacobsen, 51, in 1999, told the Toronto Star. “It’s the end of an era.”Beach Fairway has paid nearly $100,000 each year for rent and property taxes but Build Toronto, the city's real estate arm, will not renew their their lease.Holman added that the prices for land are so high that it is highly unlikely another green grass golf green will ever…

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25 Sep 2012

A recent report by Statistics Canada shows more retail sales occurred throughout the country during July than was originally expected.Individuals needing to free up space in their homes from their accumulated retail items should look into cheap storage in the Greater Toronto Area.The data showed that retail sales increased 0.7 percent to the near record $39 billion during July, ahead of the market expectations of 0.2 percent gain."While welcome, we continue to track a flat industry GDP estimate," Mazen Issa, TD Securities analyst told Reuters Canada. "Heading forward, we expect the pace of consumer spending to improve, though it will remain subpar relative to historical standards, suggesting that other sectors of the economy – such as net exports – will…

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24 Sep 2012

Hollywood North has made a comeback in the film and television industry as the industry's finances show spending increased $903 million in 2010, to $1.15 billion in 2011. The Toronto Film Festival also recently came to a close, after 11 days, nearly 300 films and more than 1,000 screenings later.Any Toronto-area film fans looking for portable storage containers for their movie paraphernalia should look into Jiffy self storage.Much of Toronto's spending in 2011 went to the 1990s remake, Total Recall. Prior to the past few years, spending for films was deflated by the financial crisis, 9/11 and SARS. In 2007, Toronto's feature film industry saw a 73 percent drop in spending from 2007 to 2008.Now with increased spending and good…

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20 Sep 2012

  Utilizing social media and video sharing sites can make or break any small business. YouTube reported that in in 2011 they experienced more than 1 trillion views, accounting for nearly 140 views for every living person. The social media site Twitter reports having more than 140 million users, while Facebook said they hit 901 million monthly users at the end of March. For individuals starting up a business, cheap self storage units can replace unnecessary office leasing and help cut down a on costs. “Most businesses go exclusively for reach, but advertising only works if users have heard your message again and again,” Yusuf Gad, founder and president of Toronto marketing firm a5MEDIA, told the Toronto Star. "You don’t…

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