Rob Ford\u2019s controversial refusal to step down as the Mayor of Toronto after he admitted to smoking crack has left many Torontonians confused and frustrated. Not only do the Mayor\u2019s actions impact residents, but what impact do Ford\u2019s actions have on local business?<\/p>\n
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Globe and Mail article:http:\/\/www.theglobeandmail.com\/report-on-business\/torontos-business-community-gives-ford-a-thumbs-down\/article15465346\/<\/a><\/p>\n According to Andrew Liang, director of Cormex\u2019s MediaLAB project, the negative publicity concerning Ford will harm the city, as the city\u2019s administration has been ridiculed around the world. Liang continues questioning \u201cwhy anybody down the road would think favourable on this city as a place to invest it\u201d.<\/p>\n Along with impacting business, it damages the city\u2019s image abroad. Marketing experts claim that \u201cit weakens the brand, it distorts it\u201d; ruining the city\u2019s reputation as a \u201cculturally rich, financially vibrant world-class city\u201d.<\/p>\n However, not all parties agree with Mr. Liang. Janet Ecker, president of the Toronto Financial Services Alliance explains that the \u201ctheatre of the absurd\u201d politics does not impact investments if the fundamental business aspects of the city remain unchanged.<\/p>\n Even though there are many views, they all lead in the same direction, Mayor Ford must resign in order to salvage Toronto\u2019s image as a city.<\/p>\n CBC video:http:\/\/www.cbc.ca\/news\/canada\/mayor-rob-ford-s-crack-use-weakens-toronto-s-brand-1.2417003<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Rob Ford\u2019s controversial refusal to step down as the Mayor of Toronto after he admitted to smoking crack has left many Torontonians confused and frustrated. Not only do the Mayor\u2019s actions impact residents, but what impact do Ford\u2019s actions have … Continue reading <\/p>\n