LFI The City of Toronto - Facts and Issues Flashcards
Carjacking Incidents in Toronto
Current State: Toronto has experienced a rise in carjacking incidents in 2024, continuing an upward trend from recent years.
Reasons: Authorities believe that organized crime groups are behind many of these car thefts, targeting luxury vehicles for resale domestically or abroad. Increased patrols and awareness campaigns are being conducted by the Toronto Police Service to combat this issue.
Gun Violence in Toronto
Current State: Gun violence remains a significant concern for Toronto, with multiple incidents reported across different neighborhoods this year.
Reasons: Toronto Police Chief Myron Demkiw mentioned that the TPS is deploying mobile command units to address gun-related incidents, particularly in vulnerable communities. The rise in gun violence is often linked to gang activities and illegal firearm trafficking.
Housing Market Challenges: Home Sales Remain Low
Current State: Home sales in the Greater Toronto Area have remained low in 2024, despite interest rate cuts by the Bank of Canada intended to stimulate buyer demand.
Reasons: While there has been a slight pickup in sales volumes recently, overall buyer confidence remains low due to economic uncertainty, rising costs of living, and previous interest rate hikes that priced many potential buyers out of the market.
Record High Food Bank Usage in Toronto
Current State: Monthly food bank usage has reached a record high of 2 million visits, highlighting the growing struggle with food insecurity among Toronto residents.
Reasons: The economic fallout from inflation and rising living costs have pushed more individuals and families to seek assistance from food banks. The gap between wages and the cost of essential goods is leaving many unable to meet their basic needs.