[PHOTO] Heading off into a winter night
Apr. 17th, 2009 08:37 amI like this picture of a hard-packed snow trail leading into the wintertime depths of Christie Pits park: what lies beyond?
An irreverent ad for local Virgin Radio 99.9 FM that depicts a radio about to commit suicide by leaping onto the TTC's subway tracks is being pulled from the city's transit shelters after the chairman of the transit agency complained.
"That ad was not amusing," Adam Giambrone, chairman of the Toronto Transit Commission, said yesterday. "I don't believe Torontonians would find that ad funny. ... Suicide is a serious issue."
Rebecca Shropshire, a spokeswoman for station owner Astral Media Radio, said the ads had been up for about two weeks with just two complaints, but that all were being removed yesterday at the city's request.
"It wasn't intended to make light of suicide. It was intended to frame up a piece of social commentary about whether traditional media still have a place in the world," Ms. Shropshire said.
The ad campaign for the recently relaunched pop radio station depicts radios in various settings appearing to contemplate suicide, with the tagline, "Give your radio a reason to live."</blockquote<
Developer Bazis International is on the second extension of its "condition date" to start building a planned 80-storey condo tower called One Bloor, a massively popular project that, upon its launch in late 2007, had buyers camped outside the sales office for a week.
But the bulldozed lot still sits empty, and on June 15, Bazis enters a 31-day period during which it can serve notice to buyers that it is cancelling construction. At that point, deposits would be refunded.
Mark Cosman, a commercial real estate lawyer, signed up to buy a one-bedroom unit at One Bloor before the sales office even opened. "Bloor and Yonge, it couldn't be any better," he said. "Centre ice in the city of Toronto."
But with the fate of the project in doubt, Mr. Cosman-- like many buyers -- has become increasingly concerned about his investment.
"Now, if I could get out, from a legal perspective, I would," he said.
The holdup in construction is linked to the failure of U. S. investment bank Lehman Brothers, which was helping finance the project. With Lehman in the midst of bankruptcy proceedings, the money that would have helped finance the condo is also tied up in court.
If Bazis does not give cancellation notice during the 31-day period, the purchase agreements become binding. Yet if the construction launch still lags, it becomes a much more difficult process for buyers to recover their deposits.
Senior executives of Chrysler LLC took the extraordinary step Friday of sending a letter to employees urging them to support the company “at a crossroads” in its history by agreeing to major reductions in benefits.
“Let me be clear, our negotiations are about saving Chrysler Canada,” chairman Robert Nardelli and president Tom LaSorda said in the letter to employees, ahead of a resumption in negotiations on Monday.
“Without labour concessions Chrysler Canada's manufacturing operations will not survive long-term,” the letter said.
The letter caps a week of growing public pressure on the Canadian Auto Workers union to agree to $19 worth of cuts in benefits to help the auto maker meet a federal government requirement that it slash its labour costs to $57 an hour to match those of Toyota Motor Manufacturing Canada Inc.
[. . .]
The Chrysler letter comes on top of comments by Fiat SpA chief executive officer Sergio Marchionne that his company will walk away from a deal to save the no. 3 Detroit auto maker if the CAW and the United Auto Workers don't agree to more concessions.
Over a quarter century of bargaining with Chrysler LLC, the Canadian Auto Workers union has won a pack of benefits and special compensation for car factory employees the average industrial worker in Canada might only dream of -- reimbursement of a portion of out-of-province health care bills, child care subsidies, even partial payments of lawyer fees.
Now, the union’s leaders face a stark choice: Give up many of those perks they won through legitimate bargaining and risk losing jobs anyway with an automaker struggling to sell cars. Or hold hard to those gains and risk contributing to Chrysler’s demise.
In a statement released Friday afternoon, CAW President Ken Lewenza denounced the federal government and Chrysler for making "painful" demands on his members based on misleading financial information. And he suggested the union is prepared to let Chrysler fall into creditor protection, from which it might not recover.
"We will work to defend the interests of Canadian autoworkers," Mr. Lewenza said, arguing his union has a track record of making Canadian auto plants competitive. "If Chrysler or any other company goes into bankruptcy protection (an increasingly likely prospect, given the stalemate with bondholders in the U.S.), it will not be because of us."
[. . .]
n his statement, Mr. Lewenza called Chrysler’s letter "offensive" and accused the automaker of wanting to inflict long-term damage on the credibility and influence of the CAW, Canada’s largest private sector union.
"The past week has seen an unprecedented and outrageous series of attacks on Canadian autoworkers and their union. One after another, business executives and political leaders, working clearly in tandem, have lined up to denounce the CAW’s role in the auto restructuring process, and to demand that we accept up to $19 per hour in concessions or else face massive job losses and economic dislocation," Mr. Lewenza said.