Recent city data reveals Toronto as a pioneer in Canada’s transition away from car ownership, while Calgary continues to be the country’s most car-dependent city. This shift in Toronto is attributed to the city’s robust public transportation network, increasing bike lane infrastructure, and the growing popularity of car-sharing services. These changes are part of a broader trend towards sustainable urban mobility, reflecting Toronto’s commitment to reducing carbon emissions and traffic congestion. Meanwhile, Calgary’s reliance on personal vehicles stems largely from its sprawling urban design and less extensive public transit options. The contrast between the two cities highlights different urban planning challenges and opportunities across Canada. As Toronto leads the way in adopting more sustainable modes of transportation, it sets a benchmark for other Canadian cities aiming to reduce their carbon footprints and enhance urban livability. This article illustrates the divergent paths taken by Canadian cities in embracing or resisting the shift away from car ownership.
Yahoo! Finance CanadaNew data shows increase in IHT receipts according to latest HMRC report
The latest figures from HM Revenue and Customs (HMRC) reveal a notable increase in inheritance tax (IHT) receipts, highlighting significant trends in the lending and