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Forest Saved, Ferry Doomed, Gardiner On The Fence

2008_07_15_forest.jpg
Dalton McGuinty has agreed to prevent any kind of commercial or industrial activity in 225,000 square kilometres of boreal forest in Northern Ontario. The plan mimics strategies that successive provincial governments have executed successfully in Toronto.
Ontario-based Internet pornographers Slickcash have agreed to pay Facebook half a million bucks after allegedly trying to hack into the online social network’s databases last year. Nice work, slick.
As city council gets ready to vote on a partial tear-down of the Gardiner today, some councillors are expressing doubts that the costs being quoted will be realistic. The current price tag is said to be $300 million—more than the estimated cost of repairs over the next decade, and way more than just letting it collapse scenically by itself.
To no one’s surprise, the latest attempt to find suckers backers for a Toronto–Rochester high-speed ferry has failed, with the only two applicants deemed lacking the necessary “operational or business experience.” You know, you can take a bus to Rochester, but no one does that either.
Just weeks after announcing thousands of Canadian layoffs, automaker GM has said they’ll be letting more workers go as part of a major restructuring. The revamped GM will be either an online dating site or a frozen yogurt stand.
The US credit crisis got spectacularly worse yesterday as the Feds had to step in and shore up Fannie Mae and Freddie Mac, owners or guarantors of almost half the mortgage debt in the US. If you don’t think this is a Toronto story, wait a few months.
Photo by er1danus.

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