Doug Ford’s proposed superhighway is estimated to cost $10 billion, and runs through 55 km of farmland, conservation lands and protected areas. It's much more than just a highway proposal, experts say. It’s also a bonanza for land speculators and builders thestar.com/business/2021/…
“This is a slam dunk for us,” says Bill Argeropoulos, head of research at Avison Young, a Toronto-based commercial real estate advisory and brokerage. "It’ll provide a release valve for the industrial land market, which is extremely tight," he adds.
thestar.com/business/2021/…
thestar.com/business/2021/…
But like a lot of other epic-scale Canadian economic megaproject plans, the economic pushback against the new superhighway is starting to look rather epic in scale, too.
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thestar.com/business/2021/…
“Real estate, construction industries have monopolized the discussion about this project long enough." Farmers, alongside business leaders at the helm of Ontario’s massive agri-biz industry, which employs almost a million people, are leading the pushback.
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thestar.com/business/2021/…
Doug Ford’s planned superhighway is a ‘slam dunk’ for developers — but some say it will be an economic disaster.
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thestar.com/business/2021/…
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