Toronto councillor suggests casino or lottery to fund city subway project

Toronto councillor Doug Ford believes a proposed US$4.06bn subway project at Sheppard Avenue East can be paid for by a new casino or lottery. Ford is reported to be currently in talks with Ontario Lottery for the establishment of the casino. A casino or lottery would be alternatives to a previously proposed sales tax and vehicle registration tax. Toronto city leaders are set to discuss the funding issue in a meeting on 21 March, 2012.
April 25, 2012 Read time: 1 min
Toronto councillor Doug Ford believes a proposed US$4.06bn subway project at Sheppard Avenue East can be paid for by a new casino or lottery.

Ford is reported to be currently in talks with Ontario Lottery for the establishment of the casino. A casino or lottery would be alternatives to a previously proposed sales tax and vehicle registration tax.

Toronto city leaders are set to discuss the funding issue in a meeting on 21 March, 2012.

Related Content

  • Dubai to host the 18th IRF World Meeting & Exhibition planned for 2021
    February 10, 2020
    Dubai, one of the world’s iconic cities, has been designated to host the International Road Federation’s World Meeting & Exhibition on November 8th-11th, 2021.
    Read More
  • CONTROLS has developed a new business strategy
    April 4, 2013
    With the European economy in crisis and continuing shifts in the world order, manufacturers must re-think their business strategies if they are to succeed. Seasoned survivor Pasquale di Iorio, CEO of construction testing equipment specialist CONTROLS Group shares his plans for the future - Kristina Smith met him in Italy Pasquale Di Iorio has been at the helm of construction testing equipment manufacturer CONTROLS Group since 1996. First impressions suggest that Di Iorio is a strong leader: confidently dete
    Read More
  • Ferrovial loses control of Canada’s 407 Express Toll Road
    August 27, 2019
    Ferrovial has lost control of the 407 International highway in Canada, one of the Spanish group's star assets. The Supreme Court in the province of Ontario has ruled in favour of co-shareholder pension fund Canada Pension Plan Investment Board to buy another stake - 10.01% - in the highway. The shares are up for sale by another shareholder, Montreal-based global infrastructure engineering firm SNC-Lavalin. The court denied Ferrovial, which already has the largest shareholding at 43% in the highway, th
    Read More
  • Funding issues for Georgia projects
    February 28, 2012
    Problems are appearing with regard to plans for transport funding set out by the Georgia Department of Transportation.
    Read More

Highlighted Content