720 Bathurst - A Bailout by Another Name?
As reported, City Hall's purchase of 720 Bathurst Street comes after CSI faced financial strains post-pandemic with a $17.44M mortgage (renewed at 6.5% in September 2024) and was facing $5M in deferred building repairs and projected future cashflow deficits.
The City of Toronto's purchase of 720 Bathurst Street removes CSI's mortgage burden, transfers building upkeep to the public, and allows consolidation at 192 Spadina Ave. - exactly the stabilization outcome CSI identified as necessary in it's 2025 offering. A financially strained civic hub has been rescued with $16M in public capital. Is this a bailout by another name?
In just 70 seconds, this pedalphile films himself:
🚦Running 2 red lights
🛑 Blowing through 4 stop signs
⚠️Riding in the wrong bike lane 5 times
But no we don’t need to licence cyclists, right?
Freedom of information documents obtained by Juno News shows that the @OCDSB's equity department approved sole-source contracts with Bernie Farber and the Canadian Anti-Hate Network @antihateca to deliver a series of workshops between 2022 and 2023.
https://t.co/bv1PwfjMCY
BREAKING: Carney government will reverse horrible CRTC decision to charge streamers and Canadian broadcasters for fund to make Canadian content.
https://t.co/oAX6VYcINB
This is the last time we will address this. DS was an unregistered lobbyist at a firm called @brookmcllroy using legitimate media and social to push forward policies his firm helped build, so they could profit. This includes density enabling policies like #RapidTO
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