BMO Nesbitt Burns Inc.: Residential Building

City Dept: I don t worry about anything, he said during an interview in the tower, the city s tallest residential building, which has been open since the end of January, according to Globe and Mail. Toronto s house prices have risen 10.5 per cent in the past year, according to BMO Nesbitt Burns Inc., and both the federal government and central bank are keeping a close eye on the city s frothy condo market and in fact, the consummate salesman and publicity hound, who has had his brushes with businesses that became overburdened by debt, seems fazed by little. It likely helps that Mr. Trump did not develop, and does not own, the tower, which is now competing with a host of other new luxury establishments in the city such as the new Four Seasons and the Ritz-Carlton, each of which mix condos and hotel suites. The owners and developers of the Trump property are Talon International Inc., whose chairman is Toronto-based Alex Shnaider, a billionaire Russian immigrant, and its affiliates. They use the Trump name under a licence. (www.immigrantscanada.com). As reported in the news.