|
Newsline
Canada
Toronto
~ Higher prices, rate hikes could make homes less affordable in 2003
RBC says
demand will remain strong.
After-tax incomes continue to grow
Toronto
Star - Mar 1, 2003
New homes
could be less affordable in 2003, as both the cost of houses and mortgage interest
rates continue to increase, reports the RBC Financial Group in its annual affordability
index.
The affordability index, which measures the proportion of pre-tax household
income needed to buy and keep a new home running in Toronto, was pegged at 39.1
per cent in the last quarter of 2002, unchanged from the previous quarter.
But it was up from 37.3 per cent in the last quarter of 2001, according to a
news release issued this week.
Read the
article at http://www.goacom.com/news/news2003/mar/msg00030.html
Chinese
community begins police recruiting drive
TORONTO.CBC.CA Feb.
27, 2003
Toronto
- Members of Toronto's Chinese community are helping out law enforcement agencies
in a major recruiting drive.
Recent statistics
show that more than 400,000 Toronto residents are of Chinese origin. But of
nearly 5,200 officers on the Toronto Police force, only 74 are Chinese.
Five local
businesses and social groups are hoping to increase those numbers.
They've
kicked off a mentoring program that will give Chinese candidates more information
about how to become police officers.
In addition
to the Toronto force, the Ontario Provincial Police and Royal Canadian Mounted
Police are also co-sponsoring the program.
Hamilton
community groups brace for refugee flood
Toronto
Star Feb. 26, 2003
HAMILTON
- Hamilton mosques and community groups are bracing for as many as 600 refugees
fleeing a post-9/11 American crackdown on illegal immigrants.
Two families
have already arrived here from the United States, which is requiring male foreign
visitors from 25 mostly Muslim countries to register as legal immigrants or
face deportation.
"We
have an emergency plan in case we get hit with a rush of people," said
Morteza Jafarpour, head of the Settlement and Integration Services Organization
(SISO), which aids refugees using federal funds.
Read the
entire article at http://www.goacom.com/news/news2003/mar/msg00007.html
|