March 2005 Edition

The pipes, the pipes, they’re still appalling
The vibrant economic heartbeat
of Canada’s largest city
stopped suddenly late January
when a water main broke in
Toronto’s Bay Street, flooding an electrical
transformer station and cutting
off power for hours. This could have
been economically devastating but,
fortuitously, the flooding happened on
a Sunday when Bay Street’s Masters of
the Universe were absent from their
glass towers. Had the break occurred a
day later, the resulting chaos might
have cost millions in lost salaries, not
to mention zillions in commissions
from stock market trading.
See Tom's full commentary
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