A deal that would see Toronto's Starlight Investments purchase and redevelop the Portage Place mall in downtown Winnipeg is proving elusive, as the company appears to be looking for more support from the federal government. According to St. Boniface-St. Vital MP Dan Vandal, the Liberal minister for northern affairs, the company is now asking for $50 million in grants and a $240 million in loans. "We're still committed to speaking to Starlight to try to make this project work." MP Dan Vandal says he's keen to see the Portage Place project get off the ground, but was surprised Starlight Investments has changed its funding request. CBC News has requested comment from Starlight Investments.

Source: CBC News March 02, 2021 20:15 UTC