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A City Buried: Toronto Endures Its Snowiest Day on Record

  Residents are being warned of dangerous travel conditions, including the possibility of near-zero visibility at times. Toronto woke up to a historic winter wallop as an intense snowstorm dumped an astonishing 40–50+ cm across the city, marking the snowiest single day ever recorded. What began as a steady overnight snowfall quickly escalated into a full‑scale weather event that brought much of the region to a standstill. Roads became nearly impassable by mid‑morning, with plows struggling to keep pace as snow accumulated faster than crews could clear it. Public transit faced widespread delays, and several bus routes were suspended entirely. Pearson International Airport reported dozens of cancellations as visibility dropped and runways required continuous clearing. Despite the disruption, Torontonians showed their trademark resilience. Neighbours helped dig out buried cars, families turned the drifts into makeshift playgrounds, and social media filled with images of a city tran...
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GST Holiday Fails to Deliver Economic Lift, Data Shows Minimal Impact

                                               

New figures reveal that Canada's GST/HST holiday yielded little boost in consumer spending, falling short of expectations. Payment processor Moneris reported a 4% decline in overall spending during the tax break period compared to the previous year, with both the number and size of transactions dropping slightly. Similarly, a survey conducted by the Canadian Federation of Independent Business (CFIB) found that only about 5% of small businesses experienced a noticeable sales increase, while the majority reported no significant change in business activity.

Despite the intended relief, many retailers found the initiative more burdensome than beneficial, citing last-minute adjustments to point-of-sale systems and increased administrative challenges. Although certain sectors, like children's apparel, saw minor gains, these were not enough to offset the overall downturn in consumer spending. The data suggests that the tax holiday may have merely shifted the timing of purchases rather than stimulating additional economic activity.


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