SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
April 27, 2023 09:00AM
  • Apr/27/23 10:40:00 a.m.

Ontarians are shocked to find out that their government has signed a 95-year lease with an Austrian corporate conglomerate to build a massive, seven-storey private luxury spa on public parkland, a century-long lease that this government insists must be kept secret. Yet, in 1999, the last Conservative government handed over a 99-year lease for Highway 407 for $3.1 billion. That’s about $4.4 billion in today’s numbers. Today, Highway 407 is worth $40 billion, a nearly 1,200% increase in just 24 years. What will it be worth when the lease finally ends in 75 years?

This government is making the same mistakes the last Conservative government did and it is costing Ontarians millions of dollars. The people of this province have a right to know the terms of the lease and the business case for these decisions. Release the lease, if you’re so proud of it.

155 words
  • Hear!
  • Rabble!
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