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Written by: Classii Toronto Classifieds on April 22, 2018

April 21, 2018

Classii Toronto Classifieds is pleased to start Classii Facebook Group for free ads in Toronto and the Greater Toronto Area (GTA). Browse or post your Toronto GTA ads at Classii Facebook https://www.facebook.com/groups/431929453924831/

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Written by: Classii Toronto Classifieds on December 28, 2017

December 28th, 2017

Toronto, Ontario: We are pleased to announce our new Toronto Community and Latest Activity page at https://classii.com/activity/. Check it out, contribute and enjoy!

Written by: Classii Toronto Classifieds on December 23, 2017

Over the last four centuries, Canada’s entrepreneurs have helped to drive our economy forward, but how many of us can actually name who these individuals are or what they did?

In a new book, Canada’s Entrepreneurs: From the Fur Trade to the 1929 Stock Market Crash, editors J. Andrew Ross and Andrew D. Smith, provide a stimulating overview on the history of Canadian entrepreneurship. We talk to postdoctoral fellow at the University of Guelph, J. Andrew Ross, about some of the characters that have shaped Canadian business.

What inspired you to produce a book about Canadian entrepreneurs?
Canada’s Entrepreneurs was born from a desire by my co-editor (Andrew D. Smith) and I to highlight the stories of individual entrepreneurs that are contained in the Dictionary of Canadian Biography. After much debate, we eventually decided to include 61 entrepreneurs in the book. Their stories highlight the immense risks taken, the importance of networks among entrepreneurs, and also the international connections that have allowed Canadians (and their predecessor peoples) to create and innovate.  We hope that readers will appreciate that while entrepreneurs have experienced historically-specific challenges in doing business in North America, many of the challenges remain the same: overcoming distance, lack of capital and communication hurdles, to name just a few.

What sparked the rise of entrepreneurialism in Canada?
Entrepreneurs have been important in Canada long before there was a Canada in the modern sense. First Nations, the French and British traded and pursued new markets and began exploiting natural resources like furs and fish, and developed transportation and communication networks that eventually laid the groundwork for Canada to become a world-leading industrial economy.

How well does Toronto produce successful entrepreneurs? Can you give us examples of some noteworthy entrepreneurs to come out of Toronto?
Many of the entrepreneurs featured in the book are from Toronto, particularly from the last half of the nineteenth century, when the city began to challenge Montreal’s dominance over the Canadian economy. In this era, we see the creation of businesses that would dominate the Canadian business landscape, like Timothy Eaton’s department stores, Peter Larkin’s Salada Tea Company and George Cox’ Canada Life Insurance, to name only a few. The Dictionarycarries many more articles on Toronto entrepreneurs, and if we had moved beyond 1929 we could have included others like George Gooderham, whose legacy stretches into the 21stcentury — through his mansion at Bloor and St George that houses the York Club, and through his business, which is gone but is the foundation for the 21st century revitalization of the Distillery District.

In the book, you mention the conspicuous role that the government played in Canadian entrepreneurial activity. Can you expand on this point and perhaps provide an example?
Government and the state have always been important to Canadian business. Under the French regime, individual entrepreneurs were actually discouraged in favour of state-sponsored monopolies. The English followed the same model, giving the Hudson Bay Company exclusive rights to trade furs in Rupert’s Land (much of what became northern and western Canada). This became a point of friction with those individuals who tried to operate independently. As the British North American colonies became more independent, their governments saw the importance of spurring economic development to compete with the United States, they rewarded entrepreneurial endeavor with subsidies and state support, especially to build transportation infrastructure like railways and canals.

Canadian governments were also in the forefront of using arm’s length agencies like crown corporations to achieve social and economic goals. One of the best examples was Ontario Hydro, which we see as a wonderful example of so-called “public” entrepreneurship by Sir Adam Beck, who promoted a public ownership business model for wider social gain, and not just personal or corporate profit.

Do you think the story of Canadian entrepreneurship is a story of success, particularly when compared to other countries?
Yes, we do. Canadians evince the insecurities of the small nation and feel that we are not innovative enough, but there has been no shortage of entrepreneurial spirit. And we are of course small in comparison to the largest economy the world has ever seen, right next door. Creating a global top-ten economy required a lot of enterprise, and is nothing to feel insecure about! That said, there have been persistent issues that Canadians have been right to pay attention to, including our dependence on natural resources, the extensive international ownership of our businesses and our lack of national champions. These are issues we have to keep foremost in mind in continuing innovation into the 21st century.

Which Canadian entrepreneur do you admire most and why?
It’s hard to pick any one person, of course, and there is much to admire (and also to dislike!) about many entrepreneurs, but the kind of person we were keen to include was not just the household names, like the Labatts or Eatons, but also some of the smaller entrepreneurs and those who had special challenges: men like Chang Toy, a Chinese immigrant who started as a contract labourer but eventually ran a successful wholesale business in Vancouver in an era in which anti-Chinese sentiment was rampant; or women like Ellen Cashman (“Irish Nellie”), who had a serious case of mining fever and traveled the continent from Tombstone, Arizona, to the Klondike setting up all manner of businesses — boarding houses, restaurants, a grocery, a boot and shoe store — to give her the resources to pan for gold. Her energy extended beyond business, and she helped establish hospitals, churches and schools in every town she did business in. Aside from their enterprise, this concern for community and country was quite typical of Canadian entrepreneurs and shows how Canadian entrepreneurship was not just about profits, but also about people.

Join J. Andrew Ross in a discussion about his book “Canada’s Entrepreneurs: From the Fur Trade to the 1929 Stock Market Crash” on Thursday, 26th January from 5 -7p.m. at the Rotman School of Management on 105 St. George Street.

Síle Cleary writes about architecture for the Toronto Standard.

Written by: Classii Toronto Classifieds on December 23, 2017

AN EVENT DESIGNED TO ELEVATE TORONTO AREA BUSINESS LEADERS!

The Toronto Entrepreneurs Conference & Tradeshow (#TECONF) has been designed to provide Toronto Area Entrepreneurs, whether budding or experienced, with the opportunity to expand their professional network, hear from experienced and successful entrepreneurs on tips and opportunities and learn what it takes to become successful and stay thriving.

> 2,500+ BUSINESS LEADERS
>> 20+ SPEAKERS
>> 60+ TRADESHOW EXHIBITORS

https://www.torontoentrepreneurs.ca/

Written by: Classii Toronto Classifieds on December 22, 2017

The program supports low-income women who are seeking to start their own business by providing financial literacy training, entrepreneurial mentoring and skills development and life skills support. These skills will ensure women’s success in starting and growing their businesses.

Women who become business ready within these programs will be eligible to receive small loans (microloans) to start their businesses. Through the Microlending for Women in Ontario program, over 800 low-income women will receive business readiness supports and financial skills training to help them on a successful path as entrepreneurs.

Current Programs:

Thorncliffe Neighbourhood Office of Toronto: Toronto
Thorncliffe is expanding its existing microlending program for newcomer women in Toronto’s Thorncliffe Park and surrounding areas to help grow or start their home-based businesses.

Contact:
Catherine McNeely
Manager, Settlement, Language and Employment Programs
cmcneely@thorncliffe.org
416-275-9363

Welland Heritage Council: Niagara Region
The Welland Heritage Council is delivering a new microlending program for immigrant and Francophone women in the Niagara Region.

Contact:
Lori Webster
Program Manager
lwebster@wellandheritagecouncil.com
905-732-5337 ext.128

Women’s Centre of York Region: York Region
The Women’s Centre of York Region is delivering a new microlending program in York Region by providing graduates of their business training program with microloans in a business start-up environment.

Contact:
Karen McConvey
Coordinator/Facilitator
Microlending Program
kmcconvey@wcyr.ca
905-853-9270 ext.221

YWCA Hamilton: Hamilton and area
YWCA of Hamilton is delivering a new microlending program that will allow women in the Hamilton region to access start-up investments.

Contact:
Medora Uppal
Director of Operations, YWCA Hamilton
muppal@ywcahamilton.org
905-522-9922

The Business Centre Nipissing Parry Sound: Thunder Bay and area
The Business Centre Nipissing Parry Sound Inc. is delivering a new microlending program that will allow diverse women to access startup investments in the North Bay-Parry Sound Area.

Contact:
Denise Sherritt
Manager
denise.sherritt@cityofnorthbay.ca
705-474-0626 x 2425

Connect Legal: Toronto
Connect Legal is providing women in microlending programs with tailored workshops to address important legal issues related to microenterprises.

Contact:
Janice Wiggins
Director of Programs
jwiggins@connectlegal.ca
416-964-3933

Nishnawbe Aski Development Fund: Northern Ontario
Business training and microloans to assist low-income Aboriginal women, on and off reserve, to start a small business in Northern Ontario and to establish or rebuild credit.

Contact:
Kimberley Bird
Loans Manager
kbird@nadf.org
1-800-465-6821

Oasis Centre des femmes : Toronto
Oasis centre des femmes will establish a new microlending program for Francophone women entrepreneurs in the Greater Toronto Area.

Contact:
Dada Gasirabo
Directrice générale
dadag@oasisfemmes.org
416-591-6565, ext. 223

PARO: Northeastern Ontario
PARO Centre for Women’s Enterprise is establishing its existing microlending program into remote communities in northeastern Ontario for Aboriginal, Francophone and rural women.

Contact:
Maria Talarico
Program Developer
mariat@paro.ca
807-625-0328

Written by: Classii Toronto Classifieds on December 13, 2017

 

8-Dec-2017

The City of Toronto has received a Greater Toronto’s Top Employers award for the fourth year in a row for offering an exceptional place to work, as announced today.

“It is an honour to once again receive this award in addition to our Canada’s Top 100 Employer recognition last month,” said City Manager Peter Wallace. “Creating a positive workplace culture and fostering innovation is important to staying competitive in the job market and attracting and retaining the best talent.”

The 12th annual Greater Toronto’s Top Employers competition is organized by the editors of Canada’s Top 100 Employers. Employers are compared to other organizations in their field to determine employers whose workplace operations and human resources practices offer the most progressive and forward-thinking programs and create the best work environment.

The areas of evaluation for Greater Toronto Employers are physical workplace; work atmosphere and social; health, financial and family benefits; vacation and time off; employee communications; performance management; training and skills development; and community involvement.

Written by: Classii Toronto Classifieds on November 29, 2017

Ontario’s One Cylinder Economy: Housing in Toronto and Weak Business Investment

Economic growth in Ontario has lagged Canada since 2003, reducing the province to ‘have-not’ status within Confederation. One theme that runs throughout the paper’s analysis is the persistent weakness of Ontario’s manufacturing sector, where output has fallen in absolute terms since the recession that began nearly a decade ago. Given that manufacturing is still Ontario’s third largest industry, it is critical that its health be restored if the Ontario economy is to fully recover and prosper.

Manufacturing has recovered in other provinces in Canada, notably Quebec despite the well-documented woes of Bombardier. Manufacturing has become a larger share of Quebec’s economy than of Ontario’s, partly a reflection of how manufacturing has shrunk from 21.7% of Ontario’s economy in 2002 to 12.1% in 2015. This suggests manufacturing’s problems in Ontario cannot be blamed on global factors such as US export demand or the exchange rate, but are something specific to Ontario. The paper finds that the high cost of doing business in Ontario is the main drag on growth. These costs include everything from high electricity rates, the rising cost of labour and high income taxes to the indirect cost of a heavy regulatory burden. In particular, energy-intensive manufacturing has fared much better in Quebec than in Ontario in recent years, helped by Quebec’s much lower electricity prices. As a result of the high costs in Ontario, the temporary weakness that inevitably accompanied the 2008/09 recession has become chronically weak growth. Sluggish growth has erased Ontario’s historically lower unemployment rate than in neighbouring Quebec, a province long known for extensive government intervention in the economy and large government debts.

More broadly, business investment in manufacturing and elsewhere has languished during the recovery. Overall, investment plans are for $50.9 billion in 2017, compared with their pre-recession peak of $53.8 billion. Most of this reluctance to invest originates in the manufacturing industry. This reflects a number of factors. While the automobile industry has retooled its existing plants, no new plants have opened since 2009 while existing capacity continues to be shuttered, with another line scheduled to close this summer. Investment has fallen even more in other industries ranging from petroleum refining to lumber, computers and electronics, and rubber and plastics.

Chronically weak growth in manufacturing has left Ontario increasingly dependent on housing, which has contributed over 29% of its income growth in the past year, even before a spike in housing starts and prices early in 2016. Besides a sharp increase in housing starts in Toronto, there has also been a marked shift from the building of single-family homes to multiple-unit dwellings, mostly apartment and condominium buildings. The squeeze on the supply of single-family homes, partly the result of land use regulations, helped fuel the surge in their prices. At the same time, the increased supply of multiple units is threatened by the extension of rent controls by the provincial government.

With a growing chorus of analysts and the federal government warning that a possible bubble in Toronto’s housing market risks deflating, this leaves Ontario precariously dependent on a potentially unstable and unsustainable source of growth. A correction in the Toronto housing market would leave both Ontario’s economy and government fiscal projections vulnerable to a downward revision.

Written by: Classii Toronto Classifieds on November 21, 2017

By Christine Wong

Toronto program teaches young entrepreneurs about love and Web development

Sunny Verma is used to tossing ideas around with other would-be CEOs over drinks at a local bar, but a new 10-week boot camp for startups recently had him dining at the Bridle Path mansion of a Canadian trucking tycoon.

The home is owned by Lorne Swartz, who founded Gallop Logistics Corp. and built it into a refrigerated trucking conglomerate that transported over half a billion dollars in goods per year before it was acquired by a U.S. firm in 2006. Verma, 27, was invited to dinner there along with nine other lucky participants in the Young Entrepreneurs’ Club (YEC), a 10-week program that pairs 10 aspiring CEOs with 10 successful businesspeople for – you guessed it – 10 weeks.

“The range of advice we’re getting is unbelievable,” says Verma, who was impressed by Swartz’s swanky digs in Toronto’s exclusive Bridle Path neighbourhood, where the average house went for $4.6 million in 2007 and whose residents have included singers Prince and Celine Dion and media barons Conrad Black and Moses Znaimer.

Related Story: Canadian start-ups get helping hand from Silicon Valley Canucks

Even more valuable for Verma, however, was the chance to get personal access to such a successful entrepreneur in an incredibly intimate setting.

“(It’s) having the opportunity to speak to them in a one-to-one setting and even follow up with conversations afterward (so) they can give guidance to people,” says Verma, founder and president of the educational tutoring company TutorBright.

Dinner chez Swartz was — so far — the most extravagant of the 10-week sessions in the YEC program, where most have featured guest speakers at a pub just west of Toronto’s theatre district. The program wraps on Aug. 24 when all 10 entrepreneurs under 30 pitch their business plans to a panel of venture capitalists and angel investors. About five investors are lined up for the panel but organizers are still trying to nail down a total of about 10 for that night.

It’s the first year for YEC, which was launched by four Toronto entrepreneurs who, like the 10 YEC participants, are all under 30. The final 10 were whittled down from about 45 applicants, with some of the final 10 participants trekking to Toronto each week from Waterloo, Ont. and Kingston, Ont. for the program. Since interest in YEC has come from as far as Vancouver, Manitoba and the U.S., in future the program may include a digital distance learning aspect or actually expand to other cities, says organizer Jennifer Turliuk.

While there are similar programs already out there, from business plan competitions to pitch contests, this one tries to be unique in being open to young entrepreneurs from any industry (not just tech), and in offering ongoing one-on-one sessions rather than just a one-time event, Turliuk says.

“We’ve found some of our participants are involved in other support programs but also joined ours because they felt something was missing from theirs,” says Turliuk. “And we noticed a lot of (entrepreneurial) talent in Canada was defecting to either corporations or the States when they noticed a lot of their peers weren’t pursuing entrepreneurship in Canada. So we want to show it’s possible to do it (in Canada).”

Besides Swartz, other speakers and mentors at this year’s inaugural YEC camp include branding whiz Jamie Salter (the matchmaker behind Lady Gaga’s celebrity endorsement deal with Polaroid Corp. and Sarah Jessica Parker’s teaming with fashion label Halston), and Michele Romanow, co-founder of the group buying site Buytopia.

YEC features sessions on everything from marketing to Web development to “romantic relationships and how to balance those as an entrepreneur,” Turliuk says. Verma has actually shifted his business plan after advice from one of the YEC mentors, who told him not to expand too quickly through a recent deal to franchise TutorBright, which started in 2008 and now has 80 employees.

“They said ‘You’re going to be cannibalizing yourself, you’re growing a little too quickly and that can (need) overhauling.’ And that really re-evaluated everything for us. So we’re taking a lot slower and methodological approach,” Verma explains.

Even if he walks away after 10 weeks with no money from angel investors on Aug. 24, Verma feels he’s already learned a lesson that’s even more valuable.

“Make sure it’s the right strategic partner. Make sure they’re not just a source of capital but a right fit,” Verma cautions. “Money means nothing at the end of the day if you don’t have the right person assisting you.”

Christine Wong is a Staff Writer at ITBusiness.ca. Follow her on Twitter, and join in the conversation on the ITBusiness Facebook Page.

Written by: Classii Toronto Classifieds on November 21, 2017

michael hyatt

A law firm founded in 1856 may not be the first thing that comes to mind when thinking about tech innovation, but Toronto-born Blakes wants to change that perception.

It’s why Blakes decided to bring on Michael Hyatt as its first-ever entrepreneur-in-residence, which will be a credibility boost to the firm that launched its Nitro program for startups in June.

The Nitro program — which currently has 21 startups — earmarks $1 million in legal services from senior lawyers, which is key for startups that are often overwhelmed by building their products.

“To build a company takes a village; there’s not one thing that works. There’s still a gap in knowledge in what to do to optimize traction.”

“I think founders find when they’re three to five years into the company, they wish they would have done certain things from a very early time. They wish they had the right cap table. They wish they had the right share structure and shareholder agreement,” Hyatt said. “Startups are running so fast they ignore all that, and five years in they’re running into some trouble because they’re not documenting the right things, or they gave away equity poorly to founders not even in the company.”

With two exits behind him — his most recent being his $400 million sale of BlueCat — Hyatt will be able to add an extra layer of mentorship to the program. He’ll also act as an advisor to Blakes on running the Nitro program effectively.

For Blakes, Nitro is an opportunity to stay ahead of emerging technologies and business models as they unfold; Nitro program founder and Blakes partner Christine Ing identifies blockchain as a particular area of interest because of inroads with smart contracts. At the same time, working closely with startups enables the firm to see where they can improve their own operational inefficiencies using tech like AI.

“In terms of practice of law, AI tools will be the ones that we will need to look at in-depth.”

“These areas will certainly require changes to the law as regulatory changes will be required, and it just means a lot of new thinking, and new paradigms to consider. In terms of practice of law, AI tools will be the ones that we will need to look at in-depth early and adopt into our own practice,” said Ing.

Ulula, one of the first startups to join the program, recently closed a $1 million seed round and suggests that the program is set up to keep up with the fast pace of startup growth. “As a startup, nimbleness is a critical advantage. Even though Blakes is not a startup like Ulula, my co-founder and I could still find the agility we need from the Nitro program because it’s built for startups and run by people who have lived startup experience,” said Manu Kabahizi, co-founder and CTO of Ulula.

While the program is currently only open to startups in Toronto and Waterloo, the firm plans to expand to another market, though Ing declined to share specifics. Moving forward, both Ing and Hyatt express optimism for a program that fills an underserved gap in a startup’s journey.

“To build a company takes a village; there’s not one thing that works. Legal is part of it, and entrepreneurs that have been there and done that is part of it,” said Hyatt. “It’s never been a better time to start a company and it’s never been more inexpensive, but there’s still a gap in knowledge in what to do to optimize traction. You hear people raising money all the time, and then they spend it badly or don’t do the right thing and then they end up doing a down round. But we’re trying to shape these companies so they can grow.”

Photo via Speakers Spotlight, Story Jessica Galang

Written by: Classii Toronto Classifieds on November 19, 2017

There’s an entrepreneur in Toronto who’s really into underwear, and its paid off nicely for her.

Joanne Griffiths is the CEO of KnixWear, a company that has created a line of women’s underwear that’s “comfortable as can be, beautiful to behold, and technologically state-of-the-art.”

The underwear absorbs any kind of moisture that the body can come up with, prevents odors,  “keeping you feeling fresh and dry all day long – without the feeling that you’re wearing anything other than your most comfortable pair of undies.”

KnixWear developed its own patented technology, “FreshFix,” which is moisture-wicking, anti-odor, absorbent, moisture-resistant and features moisture-locking sides. “We’re taking a very basic product that hasn’t changed very much over the past 50 years and infused it with technology to give women something new and different,” Griffiths told BetaKit. “The idea is that we give women functional benefits with their underwear without asking them to sacrifice on the fit or the fashion side.”

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Griffiths came from a PR and marketing background having worked for Universal Music, the Toronto International Film Festival and CBC before getting her MBA in France in 2011. The born-and-raised Torontonian told BetaKit “that’s when I really started getting the entrepreneurial bug: I’m one of the accidental entrepreneurs. I didn’t really think I’d ever do this and I became obsessed with the idea.”

She started Knixwear when she returned to Toronto in July 2012 and in the last few years has experienced a few nice wins. The first one came when Hudson’s Bay company elected to pick up her first line of underwear after the first of two Indiegogo crowdfunding campaigns. Over 18 stores started selling the product, which Griffiths said was the first time something like that had happened based on a crowdfunding campaign.

12310245856_5dd44fe050_mThe momentum from the first Indiegogo campaign saw the company receive significant media exposure in the U.S, leading to a popular athletic spandex company approaching Griffiths to co-produce a new line of absorbent underwear geared towards athletes. Together with LYCRA the pair of brands developed the FitKnix line.

“We did our second indiegogo campaign through that and then again we had a retailer buy our line through the campaign, this time a US retailer called Barenecessities.com, the biggest online etailor for women’s fashion in the US,” said Griffiths.

I asked her if there has ever been any reaction of pride on the part of women, who might say they don’t need a product like this to function every day at work and such, but Griffiths said the response after the first crowdfunding campaign was “overwhelming”. “If you look at athletic apparel in general, they all use high performance moisture wicking and anti-odor fabrics, so we’re just taking that and applying it to underwear,” she said. “I don’t think there’s any shame associated with that.”

She recently wrapped up a filming on the CBC show Dragons’ Den and she won’t find out for a while whether the segment will go on tv.

By the end of June KnixWear will be sold in 140 retail stores. I also wondered aloud if her product might appeal to the guys.

“Men are an interesting beast and I’d love to make a product for men because I think you can have a sense of humour,” said Griffiths. “With women its all about confidence, beauty and feeling fresh, and guys have a bit more of a light-hearted attitude towards all these things. I do get asked all the time when we’re going to make a men’s line and I think there’s a definite need for it.”

Written by: Classii Toronto Classifieds on November 9, 2017

Pilot program for newcomers launching companies in Canada to be made permanent

Canadians are welcoming to people and ideas from around the globe. Welcoming entrepreneurs who have the expertise to turn their ideas into successful companies is one way that Canada’s openness can help build a world-class innovation economy.

The Start-up Visa Program, a pathway to permanent residence for cutting-edge entrepreneurs launching a start-up company in Canada, will become a regular feature of Canada’s immigration landscape in 2018.

As part of the five-year pilot, launched in 2013, innovative entrepreneurs can apply to become permanent residents after a Canadian venture capital fund or angel investor group has made a significant financial commitment in their business idea, or after a business incubator has accepted them into their program.

A recent evaluation of the Start-up Visa Program found that it is delivering on its goals; immigrant entrepreneurs are actively developing innovative companies in Canada that are beginning to show positive results for Canada’s economy and creating middle-class jobs across a range of industries.

Making the program permanent supports the Government of Canada’s Innovation and Skills Plan, which seeks to attract investment and support the growth of a diverse range of companies, creating well-paying jobs for Canadians.

In the months ahead, IRCC will work to finalize regulations for the permanent program in order to have a seamless transition when the pilot expires on March 31, 2018.

Quotes

“Every company launched in Canada with the help of the Start-up Visa Program has the potential to be a big win for Canadians by providing middle-class jobs and strengthening our economy. Our Government’s Innovation and Skills Plan has identified the nurturing of entrepreneurship and the growth of start-ups as vitally important to Canada’s present and future economy. Making the Start-up Visa Program permanent supports that agenda.”

The Honourable Ahmed Hussen, Minister of Immigration, Refugees and Citizenship

“Canadians benefit through the jobs that are created when entrepreneurs come from all corners of the globe to start businesses in this country. By making the Start-up Visa Program permanent, Canada will attract more innovative entrepreneurs who generate new business opportunities, create jobs and equip Canadians with the skills they need for the jobs of the future.”

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development Canada

Quick Facts

  • As of July 15, 2017, 117 principal applicants have been approved for permanent residence. These entrepreneurs represent 68 start-ups launched in Canada with the help of the Start-up Visa Program.
  • More than 50 Canadian venture capital funds, angel investor groups and business incubators are now designated to participate in the program.
  • During the first three years of the pilot program, Start-up Visa Program entrepreneurs received over $3.7 million in investment capital from designated entities to get their companies established and making contributions to the growth and innovation of the Canadian economy.
Written by: Classii Toronto Classifieds on November 5, 2017

By BlogTo http://www.blogto.com

Toronto businesses that closed in October encompassed both longtime fixtures in the city (that will hopefully live on as different incarnations of themselves) and slightly less established places that will still be missed.

Here are the most notable Toronto businesses that closed in October.

House of Lords

Despite promises of property tax relief for small businesses along Yonge St., the longstanding Yonge St. hair salon packed up shop in early October.

Ashdale Brunch and Espresso

Having opened a little over two years ago in brunch-heavy Leslieville, this Queen East cafe closed with no warning or explanation.

Belmonte Raw

Another Leslieville spot – a shop specializing in cold-pressed juices –also shuttered last month (along with its second location in the Financial District’s PATH), after nine years in business.

The Green Room

This beloved hidden hangout in the Annex has lived many lives, and it lives on again where Crown and Tiger once was on College St. in Little Italy, but the funky back-alley space it once occupied deserves its own proper RIP.

Kaiju

The one highlight of the depressing subterranean Shops at Aura at Yonge & Gerrard closed at the end of October. But there’s still hope for fans of this popular mom-and-pop fast-food stall’s made-from-scratch Japanese curry – it’s currently looking for a new location.

Milestones (John & Richmond)

After 18 years in the Entertainment District, this chain restaurant at John & Richmond shut its doors so as not to compete with its sibling location at Yonge & Dundas.

The Rectory Cafe

A classic place to drink and dine on Toronto Island, the Rectory boasted a lovely lakeside patio. Its owners decided not to renew their lease and had their final day of service on October 15. The business was put up for sale, so there’s still a good chance it will be reincarnated in some form next year.

The Steady

This Miami-inspired, queer-friendly bar and vegan brunch joint in Bloorcourt opened in 2013 and closed on Halloween. The space has since been sold to an unknown buyer.