rdaner
Senior Member
How much is BB worth?
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Billy Bishop Airport Expansion?
- Thread starter hw621
- Start date
generalcanada
Senior Member
for the expropriation? the value will mostly be based off of revenue numbers only.
rdaner
Senior Member
So the city is going to get shafted!
generalcanada
Senior Member
This is expropriation. the one thing the province absolutely cant do is remove the Cities' right of fair compensation. That is enshrined in the charter.
That is what the OLT is for. While they cant "block" it., they can definitely put up a fight afterwards and more than likely get more than a billion for it.
rdaner
Senior Member
G&M has an article claiming that the Province can expropriate all of the Toronto Islands but I’m not a subscriber.
nfitz
Superstar
Which part of the claim do you not subscribe too?
Toronto is a child of the province. Province doesn't need to expropriate. Though ridding themselves of the tenancies is a different issue.
rdaner
Senior Member
^I meant that the article is behind a paywall.
junctionist
Senior Member
It would be tragic to lose the neighbourhoods on the Islands. They're amazing places.