Wednesday, October 24, 2018

The Ontario Realty Corporation.

     The Ontario Realty Corporation, now called Infrastructure Ontario, owns billions of dollars worth of provincial land and buildings in the province. Actually, the people of Ontario own these Crown assets.
     During the year 2000, the agency compiled a list of 168 properties that could be sold. Included on the list:

  • Psychiatric hospitals in Kingston, St. Thomas, Toronto, London, Whitby and Thunder Bay.
  • The Princess Margaret Hospital building on Sherbourne Street, Toronto.
  • part of  CFB Downsview, Toronto.
  • Guelph Correctional Centre.
  • Don Jail, Toronto.
  • Perth jail.
  • Niagara Falls casino.
  • Several OPP detachments.
(From: " Ontario to consider property sell off Hospitals, casino among 168 assets under review" by Richard Brennan, Queen's Park Bureau, Toronto Star November 10 2000.)
The following words were used to describe Ontario Realty Corporation transactions:
scandal
criminal investigation
police are investigating
taxpayers were bilked
shady deals
audit
taxpayers swindled
stench
bid rigging
evidence of wrongdoing
criminal behavior in the ORC
(From: The Democratic Reporter)

Infrastructure Ontario is now selling the 122 acre Provincial Campus in Kingston, Ontario. Politicians in the City are anxious to preserve the buildings on the property, including Rockwood Asylum, Rockwood Villa and the gazebo.
Rockwood Asylum is featured on the front page of an Infrastructure Ontario booklet.
Rockwood Villa, located on the grounds of the land being sold off/privatized..
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Politicians Gordon Campbell and Silvio Berlusconi also compiled lists of government property that could be privatized.
Silvio Berlusconi was a prime minister of Italy. During his tenure, an 800-page list was prepared of  treasures that could be sold off, including:
The Island of Pinosa
The San Vittore Prison in Milan.
Villa Jovis
military barracks
office buildings
beaches
Palazzo Barberini
Tuscan islands.
150 hectares of coastline on Costa Smeralda.
(From:" The Colosseum is not (yet) for sale". The Economist.)

Gordon Campbell was a premier of British Columbia. During his time in office he promised to sell provincial courts, jails, office buildings, and wilderness campsites. He sold a profitable Crown corporation called BC Rail to CN Rail for $1 billion dollars cash, and Gordon Campbell privatized a Crown corporation called BC Ferries.






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