A penny-bypenny reck­on­ing of the month in money

An ap­praisal of the month in money

Toronto Life - - Content -

$1

Start­ing hourly rate for Drop­bike, Toronto’s new dock­less bike-shar­ing ser­vice. The com­pany is run­ning a 68-bike pi­lot at U of T’s St. Ge­orge cam­pus this summer.

$2

Face value of Canada’s sesqui­cen­ten­nial toonie, which de­picts a ca­noe un­der the North­ern Lights. It’s the world’s first glow-in-the-dark coin to en­ter of­fi­cial cir­cu­la­tion.

$10,000

Value of a univer­sity schol­ar­ship awarded to Toronto high school stu­dent Jana Panem, whose en­viro-themed Google Doodle won a na­tional de­sign con­test and was fea­tured on the search en­gine’s home­page for a day.

$350,000

To­tal cash that po­lice seized while raid­ing seven Canna Clinic dis­pen­saries and a num­ber of res­i­dences in June.

$1,200,000

Amount, in Amer­i­can dol­lars, that the Maple Leafs have paid two-time (but not for us) Stanley Cup cham­pion Phil Kes­sel each of the two years since he left the team, thanks to a clause in his trade.

$400,000,000

Sum that War­ren Buf­fett in­vested in Home Cap­i­tal, the strug­gling al­ter­na­tive mort­gage lender. Buf­fett’s whiteknight con­tri­bu­tion earns him a 38 per cent stake in the Toronto-based com­pany.

$1,185,000,000

Amount pledged by all three lev­els of govern­ment to flood-proof Toronto’s Port Lands, which will create two new out­lets for the Don River and prime the un­der­used in­dus­trial area for de­vel­op­ment and ur­ban­iza­tion.

$2,000,000,000

Es­ti­mated cost of CIBC Square, a mas­sive new de­vel­op­ment next to Union Sta­tion that will in­clude two of­fice tow­ers—49 and 50 storeys— and a new GO bus ter­mi­nal.

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