recentpopularlog in

jerryking : jeff_gray   22

‘Hyper-concentration’ of jobs occurring in Toronto’s downtown, report says
December 3, 2018 | The Globe and Mail | by JEFF GRAY TORONTO CITY HALL REPORTER.

A fundamental economic shift is “hyper-concentrating” new knowledge-economy jobs in Toronto’s downtown as traditional manufacturing employment evaporates across much of southern Ontario, a new report warns, and the trend has major ramifications for public transit and land-use planning......lopsided job growth is a permanent change, not a cyclical pattern. It warns Toronto’s transit system will be placed under further strain. The report also argues smaller communities outside the city should seek to attract the jobs of the future, rather than cling to dying industries.....Overall, the number of jobs in the region has grown. But from 2006 to 2016, Toronto’s downtown gained 67,000 of what the study calls “core” jobs, or jobs that bring income into the region and drive growth, as opposed to jobs such as those in retail that largely serve local residents. Many of those downtown jobs are “knowledge-based,” in industries such as finance or technology or “higher-order business services” such as accounting or law, which tend to cluster together......“It’s not this kind of gentle evolution towards the knowledge economy that’s we’ve seen previously. This is a definite shift.” The GM news appears tailor-made to illustrate that shift. While closing the Oshawa plant, the company has pointed to its new investment in Markham – one of a handful of suburban centres for knowledge jobs identified in the report – where GM plans to hire 700 engineers to work on its designs for driverless cars. GM has also announced plans for an “urban innovation lab” on the east side of central Toronto.....Dr. Blais’s report suggests the Toronto region should look to plan for a “second downtown,” which would need good transit to attract knowledge-intensive jobs.....Richard Florida .....said the numbers demonstrate the clustering of knowledge jobs means places outside Toronto’s downtown core, such as Oshawa, will inevitably become “more of a bedroom community than an economic generator.”
downtown_core  GM  Jeff_Gray  knowledge_economy  manufacturers  Oshawa  public_transit  Toronto  layoffs  Golden_Horseshoe  land_uses  hyper-concentrations 
december 2018 by jerryking
Toronto's Air Canada Centre to be renamed Scotiabank Arena in $800-million deal
August 29, 2017 | The Globe and Mail | SUSAN KRASHINSKY ROBERTSON , JAMES BRADSHAW AND JEFF GRAY.

Toronto's Air Canada Centre (ACC) is being renamed Scotiabank Arena in an $800-million deal over 20 years that marks one of the biggest investments in naming rights in North America.

The agreement announced on Tuesday by Bank of Nova Scotia and Maple Leaf Sports and Entertainment Ltd. (MLSE) is 10 times the annual $4-million Air Canada paid to attach its name to the home of the Toronto Maple Leafs, the Toronto Raptors and a number of A-list concerts and other events. Other recent naming deals for coveted sports venues in the United States have gone for significantly less. Last year, the NBA's Golden State Warriors agreed to name its new arena the Chase Centre, in a deal with JPMorgan Chase estimated at more than $300-million (U.S.) for 20 years, the largest at the time.

The play is Scotiabank's latest move to market itself as "Canada's hockey bank." Scotiabank sponsors community hockey clubs across the country, all seven Canadian NHL teams, and is the official bank of the NHL. To allow another company or even another bank to take top billing at one of Canada's premier venues would be to risk giving up Scotiabank's dominant position as a sponsor of hockey in Canada......The deal is also a representation of a boom in sponsorship spending in general, as marketers struggle to find new ways to reach consumers in an increasingly cluttered media environment.

Companies spent $1.98-billion on sponsorship fees in Canada last year, according to the most recent Canadian Sponsorship Landscape Study, conducted by Ohio University professor Norm O'Reilly in association with sports marketing firm T1. And "activations" that make people aware of those sponsorships, such as advertising, promotions and events, accounted for roughly another $1-billion. Those numbers have doubled in the past 10 years, according to the research.

Such deals are particularly important for what's known as "earned media" exposure – as opposed to "paid media" such as ads – because they mean that the sponsor's brand is baked in to coverage of everything happening at the venue. Media include the name in their coverage of teams and big-ticket matches; the brand appears in TV images of major events through permanent ads in and around the venues; on digital properties associated with bookings there; and the buildings themselves act as giant billboards. Contrast that with a media environment in which consumers are bombarded with digital, outdoor, print and broadcast ads, seemingly at every turn......MLSE will also benefit from Scotiabank's efforts to use digital and mobile technologies to communicate with the bank's customers – using its insights to connect to fans both at the rink and watching at home, Mr. Hopkinson said. The bank can also give MLSE access to its analytics team to assist in crunching large sets of data to better understand hockey fans, Mr. Doig said, and the deal will give MLSE a window into Scotiabank's Scene loyalty program, which has more than eight million members. Many of those are young people that the NHL has an interest in courting as future fans.
10x  Susan_Krashinsky  Jeff_Gray  MLSE  sports  naming  Scotiabank  Bay_Street  sponsorships  arenas  earned_media  paid_media 
august 2017 by jerryking
Toronto legal startup challenging tradition with no-frills fees - The Globe and Mail
JEFF GRAY
- LAW REPORTER


The Globe and Mail

Published
Wednesday, Apr. 16 2014
law_firms  Toronto  Jeff_Gray 
april 2014 by jerryking
Storied law firm Heenan Blaikie sunk by a shifting legal landscape - The Globe and Mail
JANET McFARLAND, JEFF GRAY, KATHRYN BLAZE CARLSON AND SEAN FINE

The Globe and Mail

Published Wednesday, Feb. 05 2014

National law firm Heenan Blaikie LLP is closing after 40 years in operation, marking the largest failure of a law firm in Canada....An array of problems contributed to its demise, from new pressures on mid-sized law firms to a long decline in major corporate deals and demands from clients for lower billing. Some clients have abandoned traditional loyalty to a single firm and have been using smaller ones that offer deep discounts on routine work.
law_firms  Bay_Street  dissolutions  Heenan_Blaikie  winner-take-all  decline  mid-sized  Jeff_Gray  barbell_effect 
february 2014 by jerryking
Deloitte snaps up legal outsourcing firm - The Globe and Mail
JEFF GRAY
Deloitte snaps up legal outsourcing firm Add to ...
Subscribers Only

The Globe and Mail

Published Monday, Jan. 20 2014
Bay_Street  Outsourcing  law_firms  Deloitte  Jeff_Gray 
january 2014 by jerryking
Fasken Martineau makes big move into Africa - The Globe and Mail
JEFF GRAY - Law Reporter

The Globe and Mail

Published Sunday, Oct. 21 2012
law  South_Africa  globalization  Jeff_Gray  Africa 
october 2012 by jerryking
‘Each of you has blazed a trail that has not existed before’ - The Globe and Mail
Jeff Gray — Law Reporter
From Wednesday's Globe and Mail
Published Tuesday, Sep. 28, 2010
Jeff_Gray  law_firms  lawyers  African_Canadians  trailblazers  law 
september 2010 by jerryking
Stuck in traffic? Phone may soon help you escape - The Globe and Mail
Monday, Jan. 15, 2007 | Globe & Mail pg. A12 | by JEFF
GRAY. "In the surprisingly near future, your cellphone may be able to
warn you about a traffic jam ahead, predict precisely how long your
commute home will take, or even recommend an alternative route."
computers essentially take a look at the torrent of data this "pinging"
pours in, using a "triangulation" process based on the time-delay
between pings. Its system figures out which cellphones are moving, where
they are, and how fast they are going. The data are then streamed into a
traffic map and produce precise information on speeds and estimated
travel times not just on major expressways, but on every single road in
cellphone range.
Jeff_Gray  mobile_phones  triangulation  privacy  congestion  competingonanalytics  data_mining  massive_data_sets  location_based_services  metadata  traffic_congestion 
october 2009 by jerryking
Conference to explore creativity in urban centres
Posted on 11/02/09 by JEFF GRAY.

In a partnership with the Martin Prosperity Institute at the University of Toronto - headed by urban thinker Richard Florida - the city of Toronto will spend $10,000 on an international conference this June on "cultural mapping."

The conference, highlighted in yesterday's city budget, will be called Placing Creativity. It will include international cultural policy researchers and "explore the connection between place, creativity and the economy."

The event, billed in a budget document as a "major gathering of international thinkers," will focus on the geographic discipline of "cultural mapping," which looks at the way artists and art institutions cluster and the effect they have on neighbouring businesses.
creativity  Jeff_Gray  conferences  physical_place  spillover  ideacity  creative_types  urban  cultural_mapping  clusters  artists  cultural_institutions  Martin_Prosperity_Institute 
february 2009 by jerryking
Mayor unveils new development plan
Sept. 30, 2008 Globe &Mail article by Jeff Gray, Jennifer
Lewington. Describes the proposal for the creation of two agencies
aimed at attracting business to surplus land, luring foreign investors.
Long-neglected pieces of the city's mammoth $18-billion real-estate
portfolio, including choice spots such as the land above or near subway
stations, could finally be sold off or redeveloped by a new city
corporation.
Toronto  economic_development  Build_Toronto  Jeff_Gray  Jennifer_Lewington  redevelopments 
january 2009 by jerryking

Copy this bookmark:





to read