5 Things To Know Today
New polls fin Tory’s approval rating still high and that an LRT is preferred over a four-stop Scarborough subway. Water main break affects subway riders’ commute this morning. Highway 403 in Burlington has reopened. Tim Hortons cuts office staff at Oakville Headquarters. RBC and BMO lower prime lending rates. Hollywood actor charged with voyeurism on Queen West condo.
POLL: TORY’S APPROVAL RATING STILL HIGH & LRT IS PREFERRED OVER SCARBOROUGH SUBWAY
A new poll finds the majority of Torontonians still approve of the job being done by Mayor John Tory. The Forum Research poll put Tory’s public support at 67%, which is slightly down from his 74% approval rating from a Dec. 18 Forum poll. Critics say his recent property tax increase and the TTC fare hike may have played a role in the drop of Tory’s approval rating. 59% of those polled approve of Tory’s proposed budget with just over half approving of the TTC fare hike.
The Scarborough subway is still an issue that most residents of the city can’t agree on. According to a new poll, 51% of those asked say the city should spend an extra $100 million to build an extra stop while 40% prefer a 3 stop plan. 62% of those polled in Scarborough prefer the extra stop. The idea of an LRT in Scarborough won’t go away either. When asked if a network of 30 new LRT stops was preferable over a 4 stop subway 60% said they prefer an LRT. Even in Scarborough 58% of those asked prefer the LRT network.
WATER MAIN BREAK AFFECTS SUBWAY RIDERS’ COMMUTE THIS MORNING
Transit riders are being forced to head above ground, or double-back following an incident in the city’s downtown core. A water main break has caused a flooding situation at College station, forcing all southbound trains on Line 1 to operate skip-stop between Wellesley and Dundas stations. Riders heading southbound will be required to walk south from Wellesley or return northbound from Dundas, as northbound trains are not affected.
A female in her early 20s has died following a single-vehicle collision in Burlington. The incident happened early Wednesday morning in the westbound lanes of Hwy 403. The vehicle lost control and rolled into the eastbound lanes of the highway. The female driver was ejected from the car and then struck by another vehicle, with paramedics pronouncing her dead at the scene. All lanes of the 403 were closed between Waterdown Road and the QEW split for nearly five hours, before reopening around 7:30am.
TIM HORTONS CUTS OFFICE STAFF AT OAKVILLE HEADQUARTERS
Less than two months after Canada’s iconic coffee chain fell into the hands of a foreign company, the axe has swung. Tim Hortons has announced that pink slips were drawn up on Tuesday, and handed out to staff at the company’s Oakville headquarters. On Monday, reports suggested that upwards of half the 1.700 employees may have been in jeopardy. The move, according to a company statement, is a part of its overall reorganization following the Burger King takeover that was approved in late 2014. As part of that deal, the company was forced to keep Tim Hortons office in Canada, along with a significant number of its employees. Reports from Oakville suggested that added security staff had been brought to the complex on Tuesday to help manage the situation.
RBC & BMO LOWER PRIME LENDING RATES
Just a week after a rate cut from the Bank of Canada, RBC announced on Tuesday that they will be cutting their prime lending rate to 2.85% from 3%. The move officially comes into effect on Wednesday. Other banks – including BMO – are following the move. Fixed mortgage rates are also dropping slightly since the news from the Bank of Canada.
HOLLYWOOD ACTOR CHARGED WITH VOYEURISM ON QUEEN WEST CONDO
He’s appeared on TV shows like ER, NCIS Spun and Community, 45-year-old actor Jean Paul Manoux has been arrested and charged with Voyeurism. It’s alleged two women in their 20s found cameras hidden throughout their apartment at 1171 Queen Street West, which they rented from Manoux. The cameras were found to be connected to the internet. If you’ve rented out the condo in the past or if you have any information, please contact police.
The iPhone is sending Apple’s revenues into the stratosphere. Apple sold a record 74.5 million iPhones in the final 3-months of last year and made $18 billion profit in the Quarter.
The owner of Porter Airlines has sold the passenger terminal at Billy Bishop to an investor group. The buyers are a group of investors, including the chairman of Maple Leaf Sports and Entertainment Larry Tanenbaum. The cost for the terminal hasn’t been released but experts say it could go for over 750 million dollars. CEO of Porter believes the sale will allow the company to better service flyers in and out of Toronto.