SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
October 18, 2023 09:00AM
  • Oct/18/23 11:10:00 a.m.

To the Premier: The Premier refuses to disclose the terms of the government’s 95-year lease with Therme, but we know the agreement forces Ontario taxpayers to pay at least $650 million for a new parking garage and site preparation. This is a 95-year deal with an Austrian company that was facing bankruptcy just three years ago.

Normally, Infrastructure Ontario discloses who is putting up the financing for its projects, but not in this case.

So my question to the Premier is, what is the source of Therme’s financing for its Ontario Place development?

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