East York’s housing market should be less volatile in the coming year, says a local real-estate agent.
The year was 1912. On April 15, the sinking RMS Titanic sent out distress signals received by nearby ships. While more than 1,500 died in the sinking, during the next few hours on the North Atlantic, rescue ships picked up more than 700 survivors. Marc Raboy believes there was an upside to the disaster.
“(It) really opened the imagination to the importance of wireless communication,” he said. He credits wireless radio inventor Guglielmo Marconi.
“The world would never be the same again,” Raboy said. “We now had the capacity to do long distance communication.”
Don’t be surprised if you get a sense of déjà vu as the mayor and Toronto city council wrap up the budget for 2017, this week. City council finalized the budget during a meeting scheduled for Feb. 14-15. On the chopping block for budget reductions are popular public services such as library hours, childcare and the potential closing of a men’s shelter in North York for people addressing substance-abuse. They’ve all faced similar threatened cuts in previous years.