A penny-bypenny reckoning of the month in money

An appraisal of the month in money

$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.