Toronto’s wealthiest are the most indebted

The average Toronto household is carrying nearly $40,000 in debt on top of their mortgage, according to new statistics from Environics Analytics. And the households carrying the largest debt are in Toronto’s toniest neighbourhoods, including the Bridle Path, Rosedale, Leaside and The Beach, where single-family homes are pushing past the $1-million mark… Read More Source… Read More

Toronto Hydro customers get small break

A typical Toronto household will see its electricity bill drop by 91 cents a month under new rates approved for Toronto Hydro. The new rates, set by the Ontario Energy Board, are effective May 1, 2011, so bills will be slightly adjusted to make up for the past three months. The energy board says a… Read More