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Chris Ecklund: Chris Ecklund city businessman and philanthropist Recognizes the importance of the feeder lands to the Eramosa Karst and to Felkers Falls as part of a City wide Falls project
FACEBOOK: Facebook group Friends of Eramosa Karst

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Jun 27 '08

1:55 AM

Protection or profit?



Protection or profit?
Editorial
Jun 27, 2008
The Eramosa Karst Conservation Area officially opened last week. The ribbon cutting ceremony marked a long journey for this precious 180 acres of geographically-unique lands in upper Stoney Creek.

The battle to protect this area began 10 years ago, when the former City of Stoney Creek made the first move to save the area from pending development.....

However, an important component in protecting this new conservation area remains outstanding - 80 acres of land located east of Upper Mount Albion Road between Rymal and Highland roads.

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Why is the Ontario Realty Corporation Fighting to make a profit off of Hamilton?

 

2 view comments.

Posted by Hans Viergever:

They say follow the money, ...SO, how much does ORC hope to raise by selling out?
HV
Jun 28 '08 @ 6:07 AM

Posted by bradg:

The ORC could bring into the coffers about 20mill from this land.
All going right back to Toronto.
There will be a net cost to Hamilton , because not all development costs are covered by the buyers, thereby causing an increase in proporty taxes for Hamilton residents.
Jul 1 '08 @ 7:52 AM

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