Good morning everyone;
I hope all of enjoyed the Holiday weekend last week! This time of year the weather is pretty quirky and with BBQ weather just around the corner I thought I’d share a simple recipe for making great BBQ ribs.
Lately, I have been going to my cousin’s resto at SMOKE BORUBON and have been going to town! Awesome BBQ –
It’s located at 291 Harbord St, Toronto, ON (647) 342-1840. Go hungry!
How to Make Perfect Ribs
By: Coleman Molnar|March 31, 2016
BBQ Spice Rub
- 1/2 cup Kosher salt
- 1/2 cup turbinado sugar
- 1/4 cup chipotle powder
- 2 tbsp coarse black pepper
- 2 tbsp onion powder
- 2 tbsp garlic powder
- 2 tbsp Lawry’s Seasoned Salt
- 1 tbsp dry mustard powder
- 1/2 tbsp cayenne
Mix together all of the above and store in a mason jar for up to three months.
BBQ “Paint” Sauce
- 1 cup preferred BBQ sauce (a fruit-based sauce works best with pork)
- 1/2 cup apple cider vinegar
- 1/2 cup honey
Mix together all of the above and warm. (Sauce will be “painted onto ribs in multiple coats during last half hour of cooking.)
- Purchase four racks of untrimmed side ribs (Chef’s note: side ribs are more like the strip loin of ribs and the baby backs are more like the tenderloin.)
- Trim the chine bone (the ridge bone) off with a sharp knife, leaving a rectangular slab of ribs.
- Flip them over and gently separate the membrane from the bone with a spoon.
- Using a wet paper towel, pinch the membrane and slowly peel it away.
- Season the ribs by pressing the rub into the meat, up to three hours before cooking.
- Load the ribs into the smoker bone- side down and leave for two hours. (Because if you’re looking, you ain’t cooking.)
- Take two sheets of heavy aluminum foil and apply a light layer of sugar and honey.
- Lay the ribs meat-side down on the foil and wrap tightly to avoid air pockets.
- Place them back in the smoker for another hour.
- Remove and give them a toothpick test. The toothpick should slide easily into and out of the meat.
- Unwrap the ribs from the foil and lay them on a charcoal grill.
- Apply several layers of the “paint” sauce over 30 minutes.
- Remove the ribs from the grill and get messy.
In the Market
National Bank economist pours water on hot housing markets
HomeMarket Update by Steve Randall31 Mar 2016
The chief economist of National Bank has hit out at the “alarmists” warning of dangerously high house prices. Stefane Marion’s research note highlights that Toronto and Vancouver’s price rises are being driven by an influx of “highly educated immigrants” who are moving into those cities for the best work opportunities and those working-age residents make the market sustainable.
While the issues of affordability continue to be painful for Vancouver and Toronto natives, Marion’s note puts the cities into a global context. He points out that, although the two cities have price appreciation above that of the national average, their price-to-income ratio is below that of many comparable cities elsewhere in the world. In San Francisco, a 970 square foot condo would mean a price-to-income ratio of around 15, in London and Hong Kong it’s nearer 35; in Vancouver it’s 10.
Let’s go to the Mall!
Commercial real estate firm Avison Young has released figures showing the most profitable shopping malls in Canada. Toronto’s Yorkdale is top of the list, generating $1,610 in sales per square foot in 2015. Vancouver’s CF Pacific Centre was next with $1,599 per sq. ft. followed by the city’s Oakridge Centre at $1,537.
“Despite economic headwinds, retailer failures, digital disruption and the purchasing habits of a new generation, Canada’s evolving retail property sector and its top malls are doing just fine,” said research chief Bill Argeropoulos.
He noted that retail property transactions were down 31 per cent in 2015, with properties totalling $4.5 billion.
Canada’s Economy Smashes All Expectations In January
Canada’s economy surprised to the upside in January, growing a solid 0.6 per cent in the month, Statistics Canada reported.
That’s well above economists’ call for 0.2 to 0.4 per cent growth, and it was the biggest monthly gain in five years, according to BMO chief economist Doug Porter. Virtually every major sector of the economy expanded, including oil, gas and mining, which grew 0.9 per cent in the month.
It’s the fourth consecutive month of growth for oil and gas extraction, which has struggled considerably since the oil price decline began in mid-2014. But the sector is still 1.6 per cent smaller than it was a year ago. Manufacturing is accelerating. It grew 1.9 per cent in January, up from a rate of 1.1 per cent in December. That indicates that the loonie’s decline is finally beginning to help manufacturing exporters, as economists had predicted.
“2016 is off to a roaring start,” CIBC economist Nick Exarhos wrote. Consumers helped keep the economy going, but “the story truly is the broad-based strength amongst industries.
“BMO’s Porter noted that investors and consumers were in a pessimistic mood in January — even as the economy was rebounding. “The irony, of course, is that at the very moment that markets were extremely stressed over the growth outlook in January, and at the very moment so many were advising the federal government to open the spending taps to support growth, the economy was quietly zipping along at its best growth rate in years,” he wrote.
Stay tuned – Details coming on some great listings!
Next week I will have the GTA Home sales results for March
Have a great weekend!!!