Waterfront Toronto’s Port Lands plan would “naturalize” the Don River mouth, clean polluted soil and install basic infrastructure to pave the way for massive private-sector investment in vibrant new neighbourhoods. Tory made the remarks Wednesday to Amarjeet Sohi, the federal infrastructure minister, and Bob Chiarelli, Sohi’s provincial counterpart, as the politicians confirmed $83 million in Port Lands flood protection funding. Calling Toronto’s Port Lands one of the biggest economic opportunities on the continent, Mayor John Tory pointedly urged his provincial and federal counterparts to keep their wallets open for the waterfront project. The city has its share put aside but Wednesday marked the first time Ottawa and Queen’s Park committed to Port Lands funding. Some have suggested Toronto needs to bid for Expo 2025, or welcome a waterfront casino, to trigger the massive cash infusion needed over years to develop the Port Lands.

Source: thestar September 14, 2016 21:00 UTC