End of an Era in Toronto
"Though the city's new mayor, His Worship Rob Ford, has nothing to do with it, his appearance on the civic stage sums up what the next few years will be all about: Two steps forward, three steps back; right now we're taking the three steps back.
Architecture is what economists might call a lagging indicator; fewer buildings get built in recessionary times, but the backlog of projects keeps construction going for years after the axe has fallen. In other words, the effect of the most recent economic debacle won't become evident until later in the decade."
Hume predicts that the city's cultural renaissance of the past decade will not survive.