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October 19, 2001
West Toronto Junction continues economic revitalization with Streetscape Project
Economic Development Division -- The City of Toronto held a groundbreaking
ceremony to mark the beginning of the economic revitalization of Malta Village
within the West Toronto Junction area today.

The official launch represents the starting point of the City of Toronto's
commitment of $1.6 million toward the streetscape redevelopment in the Malta
Village as part of the City's Employment Revitalization Program. The goal of
the program is to strengthen the City's economy by strategically reinvesting in
targeted areas so that they remain competitive locations for business.

Construction is set to begin on the Malta Village Streetscape Project at Quebec
Avenue and Dundas Street West and continue to Runnymede Road. In conjunction
with a $19-million Toronto Hydro Project to remove overhead wires in the area,
the City of Toronto has committed to installing new sidewalks, decorative
pavers, trees and planters to improve the overall visual character of this
business area.

Guest speakers at the groundbreaking ceremony included Sam Bulte, MP
Parkdale-High Park, Gerard Kennedy, MPP Parkdale-High Park, and Toronto City
Councillors David Miller and Chris Korwin-Kuczynski.

"Past experience shows that businesses prefer to establish themselves in
up-and-coming neighbourhoods," said Brenda Librecz, Managing Director of
Economic Development. "Improving the visual character of the community boosts
real estate values and pedestrian traffic, as well as benefits businesses by
encouraging increased competitiveness as a shopping district. The
revitalization of the West Toronto Junction has brought 40 new businesses to
the area over the past two years."

The project is being executed in partnership with the West Toronto Junction
Team and Human Resources Development Canada. Several City departments have been
involved in the project, including Economic Development, Parks and Recreation,
City Planning, and Works and Emergency Services. Community partners include the
Junction Gardens Business Improvement Area, Malta Village Business Association,
Dundas West Residents Association and Junction Residents Association.

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