Tenants strike

Toronto tenants strike

Over 100 tenants in a Thorncliffe Park apartment complex have launched a rent strike in protest of proposed above-guideline rent increases (AGIs) of nearly 10 percent over the past two years, according to a tenant advocacy group.

The Federation of Metro Tenants’ Associations (FMTA) shared copies of 2022 and 2023 notices with CBC Toronto, revealing that residents of 71, 75, and 79 Thorncliffe Park Drive were notified of rent increases ranging from 4.94% to 5.5%, compared to last year’s 4.2% increase.

Many of the apartment complex’s tenants are immigrants, and some of them believe that the AGIs are more of an attempt to push them out of their community.

You can read more on the matter here.

Golden Cariboo Resources is rediscovering the Cariboo Gold Rush by proceeding with high-grade targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine. Historically, over 101 placer gold creeks on the 90 km trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz mine have recorded production in excess of 2.6 million ounces of gold up to 1933 (Hall, 1986) and successful placer mining continues to this day.

What’s going on?

  • Pierre Poilievre Attempts to Block Budget Bill (theDeepDive)

  • Wildfire Smoke Spreads Haze Across US East; Flights Threatened (Bloomberg)

  • Google to crack down on office attendance, asks remote workers to reconsider (CNBC)

  • ‘Business Give Up On San Francisco: Owner To Abandon Two of the City’s Biggest Hotels (theDeepDive)

  • CNN is in search of a clear business strategy as well as a CEO (CNBC)

  • “We Don’t Want Binance To Be Regulated Ever” And Other Highlights In The SEC Complaint (theDeepDive)

The story of helium

The stock market and stuff

  • GameStop Earnings Plummet As It Shakes Up Management (theDeepDive)

  • Analysis: US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice (Reuters)

  • SiriusXM Slapped With Class Action Lawsuit Over Deceptive Pricing (theDeepDive)

In the juniors

  • Tenet Fintech Takes Aim At Dissident Shareholders (theDeepDive)

  • New Found Gold Hits 26 g/t Gold Over 9 Metres In Latest Iceberg Drilling (theDeepDive)

  • Aleafia Health Signs Letter Agreement To Be Acquired By Red White & Bloom (theDeepDive)

FULL DISCLOSURE: Golden Cariboo Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is long the equity of Golden Cariboo Resources. The author has been compensated to cover Golden Cariboo Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.