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New coworking spaces let you take your kid to work, every day



After having kids, Amanda Munday realized that child care was often inaccessible and unaffordable. That’s why she opened The Workaround, a parent-friendly coworking space housed in a converted bank featuring a play area for children supervised by an early childhood educator.

“[The vault] is where we relax,” said Munday. “It can be a nursing suite. It’s also, surprisingly, the place where the most babies have slept.”

The vault is the former bank safe and regular customer Jen Allison says her son Jack loves it.

Jen Allison, pictured here with her son Jack, says a coworking space that offers childcare relieves a lot of anxiety and enables her to run her photography business. (Jason Osler/CBC)

“I come about three times a week [for] between four to six hours,” said Allison, a self-employed family photographer. “That includes maybe napping in the vault with Jack, some lunches and getting some work done or collaborating with other people in the space.”

For Allison, being able to get some work done while staying near Jack is a relief. She doesn’t want to be too far from him because he’s still young and he has congenital heart disease.

“I can be on site with him and it relieves a lot of the anxiety of taking him to daycare, especially as an entrepreneur and a business owner,” said Allison. “It’s just such a fantastic space for that. Already the benefits I’ve had from coming here, to me, are going to be long term.”

More coworking spaces opening with child care

The Workaround is one of several coworking spaces opening with child care. And the timing couldn’t be better.

Close to half of Canadians live in areas with very few available daycare spaces, according to the Canadian Centre for Policy Alternatives, so there is an unmet need for this type of business model.

Entrepreneur Madeleine Shaw is working on a project called Nestworks, which partners a shared office space with a licensed daycare provider to allow entrepreneurs to bring their children to work with them. Shaw hopes to open the ten thousand square foot Vancouver space in 2019.

Meanwhile, other smaller ventures are emerging such as the Coworking Parents Studio in Guelph, which exists in multiple rooms on the main floor of a house.

‘This isn’t an experiment,’ says coworking expert

Ashley Proctor says we can expect more of this type of business model.

She’s a coworking pioneer who has opened spaces or consulted for others since 2003. She’s also the executive producer of the Global Coworking Unconference Conference, billed as “the largest coworking conference series in the world.”

She says adding child care services to coworking spaces makes sense.

Ashley Proctor is a coworking consultant and the executive producer of the Global Coworking Unconference Conference. (Creative Blueprint)

“This isn’t an experiment, this is a fully formed business idea and I think we’re going to see more of it because of these incredible operators who are coming on,” said Proctor. “They’re gonna really lead by example and show many other operators that it can be successfully done. It can be an added amenity to a traditional space.”

Proctor says the space itself, which could include the practical needs of child care, is only a small part of the coworking community.

“A real coworking space is more about the movement, so it’s more about the people,” said Proctor. “It’s about dismantling loneliness. It’s about economic development and increasing productivity and supporting social enterprise and small business.”

She says as more people learn about and utilize the coworking model, customers will expect child care options at their coworking space. And businesses that already offer that service will likely see the benefits.

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Specialized Crane Installed for “The One” at Bloor and Yonge




It has been nearly 15 months since Mizrahi Developments broke ground on their highly-anticipated “The One” at Yonge and Bloor in Downtown Toronto. Now, with the excavation wrapping up, a specialized crane to construct the 306-metre ‘supertall’ Foster + Partners and Core Architects-designed tower—possibly the highest capacity crane ever deployed in Toronto has been installed at the site.

The One, Mizrahi Developments, Foster + Partners, Core Architects, TorontoTG2300B crane in action at site of The One, image by Forum contributor Full Metal Junkie

With some overnight road closures to allow a portable crane and flatbed trucks to get close, the Link-Belt TG2300B crane was delivered by New Jersey-based Cornell Crane & Steel, and assembled over the course of the last two weekends. One of Cornell’s TG series, this line of specialized cranes were originally developed for power plant construction, and have since become popular in the construction of major structures ranging from offshore oil platforms to the high-rise construction happening at The One’s site.

The One, Mizrahi Developments, Foster + Partners, Core Architects, TorontoTG2300B crane during installation, image by Forum contributor LNahid2000

The TG2300B’s lifting capacity is 230 tons, though its configuration at The One site allows for loads of 172,200 lbs (86 tons) at a 30-foot radius, and loads of 56,400 lbs (28 tons) at a 120-foot radius. “We chose the TG2300 for its massive lift capacity as we have a number of 45-ton picks throughout this job” Sam Mizrahi, President of Mizrahi Developments, told us. “For reference, we could literally pick up a full concrete truck from the street, lower it to the bottom of the hole, empty the mixer, and lift it back out.”

The One, Mizrahi Developments, Foster + Partners, Core Architects, TorontoAerial view of the TG2300B crane at site of The One, image by Forum contributor Benito

This specific model of tower crane has never been used before in Toronto, and has seen use in high-profile builds such as One World Trade and the Hearst Tower in New York City. A similar yet smaller model TG-1900 was used in the construction of the Bay Adelaide Centre’s west tower in Downtown Toronto. 

The One, Mizrahi Developments, Foster + Partners, Core Architects, TorontoTG2300B crane’s cab, image by Forum contributor skycandy

When The One is complete, the 85-storey tower will boast flagship retail, restaurants, a hotel, and luxury condo suites, with four four-storey penthouses up top.

Additional information and numerous renderings can be found in our database file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum thread, or leave a comment in the field provided at the bottom of this page.

To request more info directly from The One click here

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Canopy Growth shares stumble 8% after company posts quarterly loss




Shares of Canopy Growth Corp., slipped as the cannabis producer reported a wider loss of $330.6 million in its latest quarter, missing analyst estimates, as operating costs surged ahead of the legalization of recreational marijuana in Canada.

Revenue for the quarter ended Sept. 30 totalled $23.3 million, up from $17.6 million a year ago but down sequentially from $25.9 million in the previous quarter.

The slowdown in quarterly revenues stemmed from “hiccups” in shipping medical cannabis to Germany and medical patients being distracted by Canada’s impending legalization of recreational pot on Oct. 17, said Canopy’s co-chief executive Bruce Linton. He also said that there was little revenue during the quarter from the Canadian adult use market, only shipments “stress testing” the system with provinces and territories.

“I would attribute half of the decline to not-normal-course Germany, and a little bit of a pause with the medical people … It is the first time in our history that I’m aware of that we actually had a slowdown, but it was more of a distraction than a pattern,” Linton told analysts on a conference call Wednesday.

Canopy’s loss during the second quarter of its 2019 financial year amounted to $1.52 per share compared with a loss of $1.6 million or a penny per share a year ago. Analysts had expected a loss of 12 cents per share, according to Thomson Reuters Eikon.

The Smiths Falls, Ont.-based marijuana company’s shares in Toronto were down as much as eight per cent on Wednesday to $46.47 from its closing price of $50.89 on Tuesday. Shares were down nearly six per cent on the Nasdaq to $36.26 US.

Staff work in a marijuana grow room that can be viewed through a visitors’ centre at the Tweed facility Aug. 23. The losses are tied in part to ramped up spending ahead of the legalization of recreational marijuana in Canada. (Sean Kilpatrick/Canadian Press)

The pot producer’s operating expenses soared to $180.6 million during the quarter, nearly six times the $27.7 million it spent during the three months ended Sept. 30, 2017. Elevated spending went toward sales and marketing ahead of the legalization of adult use pot last month, totalling $39 million, up from $7.6 million one year earlier.

The quarter included $700,000 in revenue from what Canopy said were test shipments to test supply chain systems ahead of the launch of recreational marijuana on Oct. 17.

During the quarter, the company sold 2,197 kilograms and kilogram equivalents at an average sale price of $9.87 per gram, up from 2,020 kilograms and kilogram equivalents at an average price of $7.99 a year ago.

Canopy says it had 84,400 active registered medical marijuana patients, up from 63,000 a year ago.

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Bombardier CEO defends layoffs, insists they are necessary




The head of Bombardier Inc. is defending his move to lay off 5,000 workers — 3,000 of them in Canada — citing efficiency while leaving the door open to more job cuts down the line.

“Yes, it is tough. And yes, many people do not like this. But the fact is we want to go and be a world-class organization, and we want to be at benchmark everywhere when it comes to revenue per employees,” chief executive Alain Bellemare told an investor conference in Toronto on Tuesday.

“We are going to keep leaning out this business.”

The comments were the first he’s spoken of the layoffs — or potential cuts ahead — since the multinational announced major restructuring in its aerospace division last Thursday.

Bellemare did not specify where or when the positions would be cut, though Bombardier has said 2,500 workers in Quebec and 500 in Ontario will lose their jobs as part of his five-year plan to rein in costs, focus on rail and business jets and reduce the net long-term debt of $9 billion US.

The restructuring, announced alongside Bombardier’s third-quarter earnings, is slated for completion within 18 months and for savings of $250 million annually.

The announcement comes after mass layoffs over the past three years, with about 14,500 positions cut around the world in the aerospace and railway divisions.

Union and opposition leaders decried the layoffs announced last week, with some demanding that executives renounce their salary bonuses.

Bellemare didn’t attend special meeting

Quebec Economy and Innovation Minister Pierre Fitzgibbon called a special meeting of industry and union representatives in Montreal Monday to discuss the layoffs and find a path back to employment for affected workers.

Bellemare did not attend, dispatching a pair of Bombardier executives in his stead.

Despite agreeing to sell the Q-400 turboprops to Longview Aviation Capital for about $300 million US, Bellemare said he wants to keep making the airline’s CRJ regional jets to build up backlog, but will reassess later on.

“The answer today is we want to keep this line going,” he said. “We might look at partnering, if it makes sense.”

David Chartrand, Quebec co-ordinator for the International Association of Machinists and Aerospace Workers, said CRJ production relies on numerous Bombardier workers as well as subcontractors.

“This would have a significant impact on other employers,” he said, when asked about the effect of a shutdown or sell off.

“I think there is a lot of time to look at what can be done for this program before we face the facts and an announcement is made.”

Bombardier shares closed on Tuesday at a new 52-week low of $2.25, down 25 cents or 10 per cent.

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