Tough Times: Recession of The Early 1990s
Hazelton Lanes began to experience difficult times in the early 1990s with the recession that gripped Toronto and much of Canada. Many of the upscale stores in Hazelton Lanes closed their doors, and some of them moved to Bloor Street. One theory behind the many upscale store closures in Hazelton Lanes was the awkward design of the shopping centre, low ceilings, and poor-quality materials used in the construction of the new section. Currently, brick-work on parts of the complex's exterior are in disrepair.
Read more about this topic: Hazelton Lanes
Famous quotes containing the words tough and/or early:
“Everyone was tired with the old style politicians and their flowery rhetoric. I just told them there are tough times ahead, but that they would be less tough with me in charge.”
—Anibal Cavaco Silva (b. 1939)
“I looked at my daughters, and my boyhood picture, and appreciated the gift of parenthood, at that moment, more than any other gift I have ever been given. For what person, except one’s own children, would want so deeply and sincerely to have shared your childhood? Who else would think your insignificant and petty life so precious in the living, so rich in its expressiveness, that it would be worth partaking of what you were, to understand what you are?”
—Gerald Early (20th century)