Ford government rejects calls to release lease agreement, business case for Ontario Place

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Opposition parties call on the provincial government to reveal details of its decades-long lease agreement with Therme Group

, or the “business case” that it says justifies moving the Ontario Science Centre to the Toronto waterfront location.details about the business case she says shows thatfrom its current location in North York to a new building on the waterfront makes financial sense. But a spokeswoman for her office said Monday that the information won’t be released.

“While the terms of the lease remain commercially sensitive, the tenants are making significant investments into the improvement, maintenance and repair of the surrounding public spaces to help keep the site clean and beautiful all year long,” Ms. Chiappetta said. “I’d like to see the details of the contract that they’ve made. Because 95 years – that’s outrageous,” she said. “We have no details and Ontarians have had no say.”the land. “Now that we’re taking this crown jewel of Toronto and leasing it out for 95 years – what are the terms of that? What can this company do on that land over the next 95 years?” he said.

“These are standard lease agreements. Unlike other waterfront destinations, we are not selling the land; the land will continue to be in ownership of the people of the province,” she said.

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Ontario Place deal with private spa company reportedly spans 95 yearsOntario’s NDP leader is asking the provincial government to 'come clean' about it’s Ontario Place redevelopment plan, which she described as a 'backroom deal' with an Austrian spa company whose lease could reportedly last nearly a century.
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Ontario Place deal with private spa company reportedly spans 95 yearsOntario’s NDP leader is asking the provincial government to 'come clean' about it’s Ontario Place redevelopment plan, which she described as a 'backroom deal' with an Austrian spa company whose lease could reportedly last nearly a century.
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