This week’s news roundup highlights a shifting landscape in the Greater Toronto Area’s real estate market. As a market downturn persists, condo owners are increasingly opting for renovations instead of selling, signaling a change in investment strategies. Meanwhile, builders express concerns that the upcoming Toronto World Cup’s traffic plan could significantly impede construction projects, potentially delaying new home completions. In response to the sector’s struggles, the Ford government is considering waiving the HST on new home purchases. Other news includes worries that Toronto’s AIDS memorial may fade away with city’s renovation plans, opinions on Toronto’s worst potholes, and a look inside the weird world of Toronto’s transit seat upholstery.
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