this doesn't seem to be news as much as a timely inevitability
Scott Stinson has written an article a long-time reader of this blog may have been awaiting for a couple of years: Parker Gallant wrote on Infrastructure Ontario and MaRS over 2-years ago (right after the province had written off $200 million).
Scott Stinson: Documents show Liberals knew all along that $317M MaRS bailout would raise questions
Should questions arise about the revelation that the taxpayers of Ontario were buying a beautiful new, 20-storey building at College and University that was intended to a be cornerstone of the province’s “innovation agenda,” the documents say respondents should stick to the following key messages:
“The government is committed to ensuring that its real estate portfolio is managed in a responsible manner that realizes value for taxpayer dollars.”
And: “The buyout presents an opportunity for Ontario to address a range of priorities with respect to the building’s future ownership and use.”