Quayside was once going to be Toronto's high-tech neighbourhood of the future — now it's taken another unexpected turn
Before the pandemic, this 4.9-hectare slice of land near Queens Quay East and Parliament Street was proposed to become a splashy, controversial 'smart neighbourhood' by U.S. firm Sidewalk Labs, a sister firm to Google. After that plan was scrapped, the reins were handed to a team of Toronto-area builders, who mostly planned to build condos, plus a few hundred lower cost rental units. But now, facing a citywide condo market collapse, all but one of the first phase condo sites have been converted to purpose-built rentals.
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Globe and Mail
an hour ago
- Globe and Mail
TMX Group Limited Increases Dividend by 10% to $0.22 per Common Share
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CTV News
an hour ago
- CTV News
S&P/TSX composite up in late-morning trading, U.S. stock markets down
A man watches the financial numbers at the TMX Group in Toronto's financial district, May 9, 2014. (Darren Calabrese/The Canadian Press) TORONTO — Strength in the energy, utility and base metal sectors helped Canada's main stock index rise in late-morning trading, while U.S. stock markets fell. The S&P/TSX composite index was up 93.42 points at 27,972.18. In New York, the Dow Jones industrial average was down 93.46 points at 44,844.85. The S&P 500 index was down 10.92 points at 6,384.86, while the Nasdaq composite was down 33.78 points at 21,139.08. The Canadian dollar traded for 71.92 cents US compared with 72.12 cents US on Wednesday. The October crude oil contract was up 29 cents US at US$63.00 per barrel. The December gold contract was down US$4.30 at US$3,384.20 an ounce. --- This report by The Canadian Press was first published Aug. 21, 2025.
