Morning Brew: Waterfront lands begin to be sold, no GO Transit fare hike this year, Toronto's wind turbine in rough shape, former Humane Society president wants back in, gas prices at all-time high
The sale of Toronto's waterfront properties has already begun, and the first asset that's up for grabs is the Corus Entertainment complex and the land upon which it sits. According to the Globe, "Council earlier this month quietly voted to change the rules governing the activities of the Toronto Port Lands Company, a city agency that owns and leases 400 acres of land in the eastern waterfront. Under the new rules, TPLC will be allowed to sell its real estate holdings for a profit and funnel the proceeds back into capital reserves." In other words, get ready to see more "for sale" signs on waterfront properties.
GO Transit offered commuters some welcome news yesterday when it revealed there will be no fare hike for next year. Interestingly, the reason the transit agency gave for not needing to hike fares is the exact same one the TTC gave in justification of the short-lived proposed increase earlier this year: ridership is up.
Let the debate over the definition of irony begin. Toronto's waterfront wind turbine has been temporarily shut down on account of bearing failure and, you guessed it, high winds. Perhaps more interesting than a discussion of irony, however, is the fact that Windshare, the co-op in charge of the turbine, has had significant difficulty getting this machine to work with any kind of consistency over the years.
Tim Trow, the former Toronto Humane Society president who stepped down in 2009 during a criminal investigation in which he was charged for animal cruelty, is now running to regain a seat on the organization's board. With the charges against him dropped last year, he wants to rejoin the society because he's worried about the direction it's taking. Current board vice-president Marcie Laking doesn't sound too enthusiastic about the idea. "We spent a lot of time fixing a lot of the mess we inherited. We're really starting to grow and positively change, and I do believe the membership is going to support continued growth versus voting for (this slate) which is a vote for the old THS.'' she said.
Photo by Steve Joseph in the blogTO Flickr pool.
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