Toronto Ontario Place | ?m | ?s | Infrastructure ON

[DSCToronto]

Well, THAT'S a REAL improvement...

 

[picard102]

Are we pretending they are leaving it like this?

 

[DSCToronto]

Are we pretending they are leaving it like this?

No, I think we all know that there will be a semi-private 'spa' plus a huge above-ground car park and that any trees they are forced to plant will take 30+ years to reach the size of those they cut down.

 

[generalcanada]

 

[narduch]

Is that spa even going to get built?

I thought Therme was having major financing issues?

 

[DSCToronto]

Is that spa even going to get built?

I thought Therme was having major financing issues?

That is certainly being discussed. I guess we will see soon enough.

 

[picard102]

Is that spa even going to get built?

I thought Therme was having major financing issues?

Where did we hear this? Last I heard they had 3 new partnerships/investments totaling in the billions range.

 

[narduch]

Where did we hear this? Last I heard they had 3 new partnerships/investments totaling in the billions range.

Supposedly they only had $1 million in equity based on a New York Times report.

Therme 'misrepresented itself' to secure Ontario Place spa deal with province: New York Times

A New York Times investigation has found that luxury spa company Therme "misrepresented" itself in order to secure a lucrative deal in Toronto.

toronto.citynews.ca

 

[UtakataNoAnnex]

Supposedly they only had $1 million in equity based on a New York Times report.

Therme 'misrepresented itself' to secure Ontario Place spa deal with province: New York Times

A New York Times investigation has found that luxury spa company Therme "misrepresented" itself in order to secure a lucrative deal in Toronto.

toronto.citynews.ca

The thing about grifting is that it's all well and fine to point out there are suckers born every moment, but when it's government being suckered we could end up with broken promises, wastelands where iconic assets once stood and the perps of such walking away with public money...

...as it seems about where this is all going currently. /sigh

 

[picard102]

How is this a grift?

 

[UtakataNoAnnex]

...I'm not sure how it's not. >.<

 

[narduch]

...I'm not sure how it's not. >.<

Maybe because it's not small scale?

It's a massive swindle

 

[picard102]

...I'm not sure how it's not. >.<

What's the grift? Who are they stealing money from?

 

[hawc]

 

[Red October]

The thing about grifting is that it's all well and fine to point out there are suckers born every moment, but when it's government being suckered we could end up with broken promises, wastelands where iconic assets once stood and the perps of such walking away with public money...

...as it seems about where this is all going currently. /sigh

DoFo putting up a stink at getting "suckered" while he stuffs the paper bag of dollar bills into his pocket.