The 21 Coolest Small Businesses In Toronto

Mon, 28 Jul 2014 00:00:00 GMT
Toronto, roughly an hour-and-a-half flight from New York City, serves as a hotbed of innovation with creative startups and cool small businesses making their homes in the city. From a sustainable poutine eatery to a biometrics device manufacturer, these are the companies helping Toronto emerge as one of the most biz-friendly cities in North America. Read Article

Artscape launches pilot programs for creative industry entrepreneurs

Mon, 28 Jul 2014 00:00:00 GMT
We're used to thinking of Artscape as a (re)maker of spaces: from the Wychwood Barns to Gibraltar Point, they take old sites in Toronto and help shape them to suit new uses. Now Artscape is taking a more active role in programming some of those spaces, launching a series of pilot programs to help creative entrepreneurs tackle the business aspects of their ventures. The Creative Business Design Workshop, Creative Entrepreneurship Program, and Business Skills for Growth Workshop Series are part of the ramp-up to the opening of Launchpad, a full-fledged centre slated to open in 2017. Read Article

Toronto MADE is building a database of Toronto manufacturers

Mon, 28 Jul 2014 00:00:00 GMT
Manufacturing represents 9 per cent of Toronto’s total employment. And while, of course, that percentage is far lower than it was even 10 years ago, manufacturing remains crucial to Toronto’s employment landscape. Toronto MADE, a non-profit launched this past May, is hoping to bring renewed attention to the sector. While still in its nascent stages, Toronto MADE has started making progress on its ambitious goal - the creation of the Toronto Manufacturing Network, a virtual hub profiling every manufacturer in the city. Read Article

Toronto launches Starter Company program to help youth entrepreneurs

Mon, 28 Jul 2014 00:00:00 GMT
Today Mayor Rob Ford and Councillor Michael Thompson (Ward 37 Scarborough Centre), Chair of the City's Economic Development Committee, announced details about the City of Toronto's participation in the Government of Ontario's Starter Company program. "Driving economic growth and job creation is a top priority of my administration. Today, the City of Toronto is focussed on creating the conditions that help foster business development. As part of this focus, the City of Toronto is pleased to be part of Starter Company," said Mayor Rob Ford. "This program supports youth employment and small business development. Creating new opportunities in both of these areas is extremely important to the future of our great city." Read Article

ITRenew Expands Its Operations Center In Toronto, Canada

Fri, 25 Jul 2014 00:00:00 GMT
ITRenew, Inc., a firm that focuses on IT asset disposition services and data sanitization software will open its new, larger facility next month in Toronto, Canada. "We are experiencing tremendous growth, both domestically and internationally," says Namki Yi, General Manager at ITRenew. "In order to continue the high level of service our customers have become accustomed to, it is now necessary to expand our operations in various locations." Read Article

Thomson Reuters ranked the top scientific researchers of the world: meet the 19 U of T scholars on the list

Thu, 24 Jul 2014 00:00:00 GMT
What do scientific marvels such as insulin, the electron microscope, and the first successful lung transplant have in common? For starters, they were all discovered by scientists from the University of Toronto. But, perhaps just as important, long before the rewards of each of these discoveries were reified, a challenging and indispensable research process took place. Read Article

Keep your forks, Toronto: There’s a new international food festival in town

Thu, 24 Jul 2014 00:00:00 GMT
This weekend, Toronto’s already jam-packed festival schedule gets a new addition as Taste of Toronto bows at the historic Fort York. It’s a three-day culinary smorgasbord, with 17 of the city’s top restaurants serving up three dishes apiece for ticket holders, with performances from some of the city’s best acts (Broken Social Scene’s Brendan Canning and Jason Collett among them) and a handful of seminars and classes to boot. Read Article

Major study points to genetic mutations in brain as trigger for schizophrenia

Wed, 23 Jul 2014 00:00:00 GMT
Scientists from around the world, including Canadians, have identified more than 100 locations in the human genome associated with the risk of developing schizophrenia, a brain disorder characterized by hallucinations, delusions and disordered thinking. The research, published Tuesday in the journal Nature, pinpoints 83 newly discovered locations of genetic variations in the DNA of people with schizophrenia, bringing the number known to 108. “It gives us a whole new avenue for research,” said Jo Knight, a senior scientist at the Centre for Addiction and Mental Health in Toronto, who was part of the research group. Read Article

The world’s most energy efficient light bulb now dims without a dimmer

Wed, 23 Jul 2014 00:00:00 GMT
What if you could dim the lights across your entire house without having to buy dimming switches – and save the environment too? Thanks to the latest invention from Nanoleaf, a startup from U of T Engineering alumni, you soon can. Nanoleaf, creators of the world’s most efficient light bulb, has released a new dimmable LED bulb that can “transform” any on/off light switch into a dimmable switch. Called the Nanoleaf Bloom, the device is part of a Kickstarter campaign that recently blasted beyond its funding goal in less than two hours. Read Article

Red-hot Toronto condo market up 94 per cent from last year

Wed, 23 Jul 2014 00:00:00 GMT
The number of new condos that sold in the Toronto area during June came in 94 per cent higher than the same month a year earlier, with 2,588 units finding buyers. And sales of new detached homes were up 84 per cent, to 2,020 houses, according to the latest data from research firm RealNet Canada Inc. All told, it was the third-highest June in the last decade for new home sales in the city. Condo sales were 19 per cent higher than the ten-year average and detached home sales were 24 per cent higher than average. Total sales of new homes in the Toronto area during the first six months of this year were up 51 per cent from last year, and were 8 per cent higher than the ten-year average. Read Article

Markham Pan Am facility nears completion as ‘sport destination’

Wed, 23 Jul 2014 00:00:00 GMT
Those behind Markham’s massive new community centre that will serve as one of 10 new Pan Am venues next summer can’t wait for you to see it. Its large glass windows stand out amongst the traffic near Kennedy Rd. and Hwy 407. Each day it swarms with workers in hard hats and bright orange vests who teeter near the roof and truck supplies up and down concrete steps. The pool has yet to be filled with four million litres of water, the wood-floor paneling yet to be completed and the seats still to go in. But organizers promise the massive new $78.5-million facility will open as planned at the end of August — with 12 test events already scheduled ahead of the games. It will host badminton, table tennis and water polo. Read Article

Celestica to lead new Canadian advanced manufacturing research network

Wed, 23 Jul 2014 00:00:00 GMT
Celestica Inc. is the lead partner in a new 25-member manufacturing research network that has been awarded $7.7 million over five years under a federal initiative. The Toronto-based company and its partners have committed a total of $11 million in cash or resources towards the network, which will look for ways to get innovative Canadian products to market faster. Celestica has plants around the world that manufacture advanced electronics equipment for several industries including telecommunications, information technology and the automotive sector. Read Article

Canada’s Clean Little Secret

Tue, 22 Jul 2014 00:00:00 GMT
If you are thinking of starting, relocating, or expanding an environmental, clean-energy, or clean-technology company, you need to consider Canada. Ontario, Canada’s most populous province - the one that borders New York, Michigan, Ohio, Pennsylvania, and Minnesota — has Canada’s greatest concentration of environmental and clean-technology companies. According to the 2014 Canadian Clean Technology Industry Report, 35 percent of clean-tech companies in Canada are located in Ontario, with the clean technology sector serving industries including aerospace, automotive, smart grid and utilities, oil and gas, agriculture and more. The province also generates 37 percent of Canada’s GDP and is home to nearly 50 percent of all employees in high-tech and knowledge-intensive industries, including clean energy and clean tech. Read Article

Massey Tower rises from quirky footprint on Yonge Street

Tue, 22 Jul 2014 00:00:00 GMT
Given Toronto’s rapidly changing skyline, just finding a plot of land to build on downtown is becoming a challenge in and of itself. Gary Switzer, CEO of Toronto’s MOD Developments Inc., saw this first-hand two years ago when he bought the vacant Queen-Yonge branch of the Canadian Bank of Commerce at 197 Yonge St. “I think there were a lot easier sites available, just empty parking lots surrounded by streets, but those sites are all gone, so now we’re more in a New York-style situation, where you have to make the sites,” he says. “This one, people would have walked away from in the old days.” Read Article

Building the workforce of tomorrow: A how-to

Tue, 22 Jul 2014 00:00:00 GMT
Globalization, rapid technological advancement and increased competition are hallmarks of today's business landscape. The pressure to find talent with the skills critical to meet the demands of the 21st century workplace is growing. Deloitte's 2014 Global Human Capital Trends survey of more than 2,500 business leaders in 94 countries found that talent acquisition, talent retention and workforce capability are among the most urgent issues facing businesses today. In order to address these challenges, jurisdictions around the world are working to improve their education systems and help workers develop the skills needed in today's economy. Canada in particular is emerging as a leader on this front. Slightly more than half of all Canadians have a post-secondary degree – the highest rate among OECD countries. Ontario, Canada's most populous province, is leading the charge by investing significantly in education and working closely with industry to create a skilled workforce ready to help drive productivity and innovation. And its efforts are paying off: Ontario is Canada's top economic performer; it generates 37 per cent of the country's wealth, and it is recognized internationally as Canada's most competitive province. Read Article

WAM Development Group opens office in Toronto

Mon, 21 Jul 2014 00:00:00 GMT
North American commercial real estate developer WAM Development Group (WAM) has officially opened the doors to its Toronto office. The company also announced the hiring of Stefan Savelli as Senior Vice President, Retail. “Stefan’s years of experience in leasing and re-zoning will be a huge asset to our team,” said WAM president and CEO Darren Durstling. “We’re confident in his abilities to successfully take over and grow our complete retail portfolio.” Read Article

Notable Toronto startups team up with Homecoming to lure homegrown talent back to city

Mon, 21 Jul 2014 00:00:00 GMT
A group of significant Toronto startups including Wattpad, Shopify, InteraXon, Bionym, and Freshbooks have teamed up with Toronto Homecoming to launch an event designed to attract Canadians living abroad back to Toronto's "thriving technology startup ecosystem," a release stated. Read Article

Heritage Toronto's newest "boutique" walking tour distills city's history to 10 key spots

Mon, 21 Jul 2014 00:00:00 GMT
Heritage Toronto walking tours cover a lot of bases - everything from the history of Chinatown to the mansions of Jarvis Street, to the workers' history of Spadina. There's a lot to choose from. That's why, after two decades of offering walking tours, Heritage Toronto has added a new kind of tour--it's the tour to choose if you don't know what to choose. Read Article