Pursuits
Silicon Valley North Fuels Canada Condo Boom as Google Moves In
- Units sell out in hours at packed Toronto sales event
- `There were zero cranes when I first showed up there'
Silicon Valley North Fuels Canada Condo Boom
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In a banquet hall in north Toronto, a condominium-sales event is generating the kind of frenzy more often seen on a trading-room floor.
Michael Wekerle, former Bay Street trader, technology investor, business reality-show judge and now real-estate mogul, steps up to a podium in front of about 1,600 people to make his pitch. Waterloo, an Ontario town that revolves around two universities and a burgeoning technology sector that’s attracted companies such as Google Inc. and dozens of startups, is booming, he says.