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26-Mar-2016 13:01

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The Monorail at the Toronto Zoo was a local landmark until it closed back 1994 after a couple of unfortunate accidents earlier in the decade.

For the past 22 years, the zoo’s been train-less, though that could all change soon.

The Toronto Zoo Board received an unsolicited proposal from a company called Magnovate Transportation Inc., which wants to build a magnetic levitation (maglev) train along the old monorail route.

This project would cost about million, but according to a Toronto Zoo staff report (PDF), Magnovate would cover the cost and there’d be no financial impact on the city.

In the United States, department stores are retrenching. Hudson’s Bay, founded in 1670 as a fur trader, is spending US billion to renovate many of its 90 stores across the country.

Macy’s, the country’s largest, recently announced that it was closing 100 stores. With the Eaton Centre location, Nordstrom will have four Canadian stores, and two more are planned.

The luxury department store Holt Renfrew has paid US0 million to remake its nine outlets. retailers, Canada offers an opportunity to grow in a stable and seemingly similar market.

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High shipping costs have limited the growth of online shopping in Canada relative to the U. But lingering over all of the excitement is the foul odour left by the fiasco of Target, which tried the last aggressive retail expansion effort in Canada.

Plagued by a logistics system that left shelves empty and a perception that its stores were significantly more expensive than those in the United States, Target put its Canadian subsidiary in bankruptcy early last year, less than two years after entering the country.



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