Toronto

[Nic Name]

LEGISLATION TO CREATE PERMANENT TORONTO WATERFRONT REVITALIZATION CORPORATION (TWRC)

The Ontario and federal governments and the City of Toronto will be making a total investment of $1.5 billion -$500 million each - to revitalize and transform Toronto's waterfront.

All three governments also agreed that the Ontario Government would take the lead in creating a permanent corporation to plan and manage the renewal process of Toronto's waterfront.

On December 11, 2001, the Provincial government introduced the proposed Toronto Waterfront Revitalization Corporation Act, 2001 as a result of that commitment.

Headed by Robert Fung, the TWRC will be responsible for developing business strategies, implementing projects and championing innovation to achieve the three governments' goal of revitalizing Toronto's waterfront in a financially self-sustaining and environmentally responsible manner.

The objectives of the corporation also include:

- Creating an accessible and active waterfront for living, working and recreation;

- Promoting and encouraging private sector involvement in waterfront redevelopment; and

- Encouraging public input in the development plan.


Here's a very interesting website with a pictorial overview of Toronto's waterfront today.

ONLY IF YOU HAVE A HIGH SPEED CONNECTION ... and an interest in Toronto's history, will you be interested in this fascinating map of Toronto in 1898, showing a much different shoreline. Toronto's waterfront skyline is built on landfill of Lake Ontario during the last century. (This 790 X 590 pixel image can be expanded to a detailed 4240 X 3167 pixel image.)