TORONTO, ON: Toronto Mayor John Tory’s plan for a downtown mega-park will cost at least $3.8 billion, which is more than double the city’s most recent estimate of $1.7 billion, according to a report released today by the Canadian Taxpayers Federation.
“Mayor John Tory is using the oldest trick in the book: he’s downplaying the cost of a huge vanity project to get it approved, hoping the real cost won’t come out until shovels are in the ground,” said Jasmine Pickel, the CTF’s Ontario Director. “Mayor Tory is trying to stick taxpayers from across Ontario and Canada with the bill and they deserve to know that the real cost is certain to go through the roof.”