Toronto's economic worries flood back

A bad situation seems about to get worse now that Toronto is back on the World Health Organization's list of SARS-affected cities and a second round of ...

'But to get put back on the WHO list, to be the major story in the New York Times, on the U.S. network news, just continues the perception that we've got a problem here notwithstanding the fact that this is a hospital-related and contained outbreak.'

At the height of the impact from the first SARS crisis, downtown Toronto hotels sat two-thirds empty with cancellations costing the city's hotels $125 million in lost revenue, in turn causing thousands of layoffs from Toronto-area hotels, at both the staff and management levels. Some 12,000 restaurant employees across Toronto have also found themselves jobless.

'But to get put back on the WHO list, to be the major story in the New York Times, on the U.S. network news, just continues the perception that we've got a problem here notwithstanding the fact that this is a hospital-related and contained outbreak.'

At the height of the impact from the first SARS crisis, downtown Toronto hotels sat two-thirds empty with cancellations costing the city's hotels $125 million in lost revenue, in turn causing thousands of layoffs from Toronto-area hotels, at both the staff and management levels. Some 12,000 restaurant employees across Toronto have also found themselves jobless.

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