Comment 58240

By Andrea (registered) | Posted January 26, 2011 at 20:03:15

Not so fast.

"The shortfall for the proposed Ivor Wynne Stadium renovation is closer to $10 million than $40 million, and the province is willing to put up the extra funding, a source tells The Spectator."

That is based on Clr. Ferguson's assessment, isn't it? Meanwhile, aren't the facilities in Toronto already overbudget? Just because someone is picking up the tab still doesn't make it a good idea. I will say this over and over again - 'the Province' is still US and the rest of tax paying Ontarians. Maybe your municipal property tax won't go up, but there is no such thing as a free lunch. We will take the hit eventually. That being said, moving forward, collectively we need to focus on alternative solutions (not likely given the timeframe), continue to voice our thoughts to all elected officials and think of creative, city building uses for the Rheen property. I detest the City's "let's dump it and make it someone else's cavalier attitude". This deal stinks.

Comment edited by Andrea on 2011-01-26 20:06:31

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