SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
November 30, 2022 09:00AM
  • Nov/30/22 10:50:00 a.m.

My question is to Minister of Municipal Affairs and Housing.

Over the past few weeks, this government has been dealing with some issues regarding insider information and plans to open up the greenbelt and the Duffins Rouge Agricultural Preserve, with certain parcels purchased just weeks before the government’s announcement.

Some of the Premier’s most loyal developer friends—the De Gasperis family—own 20 properties on the land this government is opening up for development.

Just this week, we learned that TACC Developments, controlled by Silvio De Gasperis and members of his family, borrowed $100 million at an interest rate of 21% annually to purchase greenbelt land, of all things, in 2021.

In the minister’s experience, is a 21% interest rate on $100 million a good deal?

Did the minister or any other government or PC Party official share with any landowner or developer or any of their lobbyists or representatives information about the government’s plan for removing lands from the greenbelt before it became public on November 4?

172 words
  • Hear!
  • Rabble!
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